India braces to see its first AI-related unicorn go public with a dual listing on the Bombay Stock Exchange and National Stock Exchange. Fractal Analytics was founded in 2000 by five graduates from the Indian Institute of Management Ahmedabad. Its rise has been meteoric, given its set of competencies and […]
Continue readingCategory: Company Valuation
Allocating funds to an investment opportunity usually means taking a closer look at valuation readings to better understand the premium or discount on a deal. Real estate, venture capital, and direct investments, among other asset classes, are subject to this scrutiny. Particularly in the case of illiquid investments, valuation is an art. Finalizing guidance on price commonly generates conflicting opinions between buyer and seller. One truism: a seller will often contend that a deal is worth more than it probably is.
Saudi Arabia Mints Grocery-Delivery Unicorn
Riyadh-based Ninja achieves unicorn status with a new funding round, led by Riyad Capital. The three-year-old venture taps into demand for quick-delivery consumer goods across the Kingdom, as well as neighboring Qatar, Bahrain, and Kuwait. Its at-hand products include potato chips and blueberries, as well as milk and laundry detergent, […]
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American Consumers Brace for Tough Road Ahead
The humble egg becomes a beacon for the US economy. Of course, egg shortages can be explained by looking at the impact of the avian flu. Purchase restrictions at some grocery stores, though, trigger memories of pandemic frustrations, helping to undermine consumer confidence. Egg surcharges at Waffle House and Denny’s […]
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