Wednesday, August 28, 2019

PEs exit Micromax via buyback, valuation crashes 93% in 4 years

PE players are selling 6.9% in the company for Rs 93.65 crore to the promoters, whose holding will increase to more than 85%, Micromax said in its latest regulatory filings. https://ift.tt/2MIxofE https://ift.tt/eA8V8J

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Dream, co-founded by ex-NSO Group CEO Shalev Hulio with a focus on protecting critical infrastructure, raised $260M at a $3B valuation, up from $1B in 2025 (Galit Altstein/Bloomberg)

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