M & A Deals:
- IFC to invest up to $25M in Lenskart
- Matrix Partners sells over 10% stake in pre-school chain Tree House
- Lightspeed invests $3M in hyperlocal discovery platform Magicpin
- Parenting app BabyBerry raises $1M in angel funding
- News website Newslaundry gets funding from existing investor Omidyar, others
- Fashion app Styledotme raises ‘Small Ticket Funding’ from IAN
- GSPL raises stake in Sabarmati Gas to 27.5%
- Taskbob raises $4.5M Series A funding from IvyCap Ventures, others
- Food-tech startup First Eat raises $200K in seed investment
- Government eyes $730M from 5% stake sale in NTPC
Today’s Wealth Mantra !
“Unless you can watch your stock holding decline by 50% without becoming panic stricken, you should not be in the stock market.”
-Warren Buffett