Revolut targets $10bn valuation in upcoming funding round
Revolut is eyeing a new fundraising round which would see the challenger bank’s valuation soar to more than $10bn. Last summer the neobank raised a further $80m to close out its series D funding round from private equity firm TSG, valuing the company at $5.5bn. Now Revolut has enlisted the help of US-based investment bank […]
Toshiba receives offer from CVC to go private in $20bn deal
Global private equity firm CVC Capital Partners is proposing a deal to privatize Toshiba through a tender offer that is expected to be worth more than $20 billion, Nikkei learned Tuesday. A formal proposal is expected as early as Wednesday. CVC is considering a 30% premium over the Japanese industrial group’s current share price, which would put the […]
Five Star Finance raises $234 M from KKR-led consortium, valued at $1.4 B
One of India’s leading lenders to small businesses, Five Star Finance, has raised US$234 million (INR17 billion) from a consortium of leading global and Indian investment firms. The round was led by existing investors Sequoia Capital India, with participation from Norwest Venture Partners, as well as new investors, led by KKR with participation from TVS […]
