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DeepNewz, mobile.
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Eruditus, an Indian edtech startup, is in advanced discussions to raise $150 million in a new funding round led by TPG. The funding round values Eruditus at approximately $2.3 billion, a decrease from its previous valuation of $3.2 billion in 2021. The valuation is contingent on specific performance targets and could potentially fall further to at least $1.8 billion. The company plans to complete the funding round before transitioning its headquarters back from Singapore to India.
🚨 Monday morning scoop by @nainasood & @Goenka_Tushar1 Rebel Foods in talks to raise $120 million in fresh funding led by Temasek at a blended valuation of $1 billion https://t.co/bK9GjWnzA3.
Exclusive Monday morning newsbreak @ETtech Singapore sovereign wealth fund Temasek is in talks to lead $100-150M deal in multi-brand cloud kitchen brand Rebel Foods. Lot more here on who is selling, and how much at what price? Rebel CEO Jaydeep Barman declined to comment. https://t.co/7CfNgPOEOG
Rebel Foods in talks to raise $120 million in fresh round led by Temasek @nainasood & @Goenka_Tushar1 ✍️ https://t.co/mM2v14keDQ
