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FOIP: Fractional ownership platform FOIP raises Rs 23 crore for Gurgaon commercial project

Fractional Ownership Investment Platform (FOIP), a tech start-up in fractional real-estate has raised Rs 23 crore for office space in NEO Square, Gurgaon. The fund raised is a last mile investment from block investors. NEO Square is a commercial project in Sector 109, Gurgaon.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIIT DelhiIITD Certificate Programme in Data Science & Machine LearningVisitMITMIT…

zomato block deal: SoftBank offloads 1.1% stake in Zomato for Rs 1,125 cr; Goldman Sachs, Fidelity among buyers

SoftBank sold 1.08% stake in food delivery company Zomato through block deals on Friday. Through the sale, the Japanese investor bagged Rs 1,125 crore.According to exchange data, SoftBank has offloaded 9.35 crore shares in the company at Rs 120.5 apiece. Through the deal, prominent investors, including Citigroup, Fidelity Investment, Goldman Sachs, Invesco MF, ICICI Pru Life, Morgan Stanley and others picked up shares in the company.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian…

honasa consumer share price: VC fund Fireside Ventures to sell 1.9% stake in Mamaearth parent via block deal: Report

MUMBAI - Venture capital fund Fireside Ventures Investment Fund plans to sell its partial stake in Mamaearth parent Honasa Consumer through block deals on Tuesday, according to reports. The VC firm is offering 61 lakh shares or 1.9% stake in the personal care products maker. The deal is expected to be worth Rs 230 crore.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitNorthwestern UniversityKellogg Post…

SoftBank, Ant may sell Paytm shares; Zomato asks for higher commissions but restaurants are upset

China’s Ant group and Masayoshi Son-led SoftBank, two of the largest investors in Paytm’s parent One97 Communications, are looking at reducing their holding in the fintech major. Paytm founder and chief executive Vijay Shekhar Sharma, however, is not in favour of a strategic investor coming in via secondary share sale. This and more in Monday’s edition of the ETtech Morning Dispatch.Also in this letter:■ Zomato seeks higher commissions from restaurants■ India asks IMF, FSB to prepare technical paper on crypto assets■…

SoftBank to sell $215 million stake in India’s Paytm: Report

SoftBank Group Corp will sell shares worth $215 million in Indian e-payments giant Paytm's parent through a block deal, Indian broadcaster CNBC-TV18 reported, citing sources. The deal's base price of 555 rupees per share is at a 7.7% discount to One 97 Communications Ltd's last close, the report said.Read Also The news comes a day after the lock-in period for investors in Paytm's November 2021 initial public offering closed. Shares of the company settled 4% lower on Wednesday, after touching a five-month low. SoftBank had…