Online reselling platform developer Meesho attracted corporate investors Facebook, SoftBank and Prosus Ventures for a multimillion-dollar round, valuing it at $4.9bn.
Author: Kaloyan Andonov, Jordan Williams
Analysis: Freshworks goes public
Alphabet-backed CRM software provider Freshworks went public, boasting a market cap of $13.5bn.
Analysis: Prenetics in a $1.25bn reverse merger
Alibaba and Ping An-backed Prenetics is set to complete a reverse merger at a $1.25bn valuation. Exits from the broader genetics and gene therapeutics space appear to be in the middle of a valuation spike, according to our data.
Analysis: PayPal pays $2.7bn to Paidy
PayPal is to purchase its portfolio company Paidy, a consumer finance service provider. Paidy is part of the wider payment tech space, which has seen an increasing number of exits since last year.
Analysis: Databricks lays out $1.6bn
The data analytics software producer, which counts Alphabet, Salesforce and Amazon among as backers, raised a $1.6bn series H at $38bn valuation. It is a case in point for the upward pressure in valuations of companies from this space which we have been seeing.