private equity
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Stocks research firm MarketsMojo plans to raise $20-50 mn
MarketsMojo, a stocks research and analysis firm, is planning to raise $20-50 million in Series A funding, with 10-15 per cent equity dilution as it ramps up its business, in the 21 countries where it provides its services, in the next 1-2 years.
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PE investments look up, but tax uncertainty persists
The pace of transactions has picked up in India, with deal volumes in the first quarter of calendar 2024 rising by a fourth sequentially and by a third in value. There were 455 deals worth $25.6 billion, of which over 75 per cent was due to mergers and acquisitions, according to PricewaterhouseCoopers.