Wednesday, September 29, 2021

Meesho raises $570 million from Fidelity, B Capital, others at $4.9 billion valuation

Meesho raises $570 million from Fidelity, B Capital, others at $4.9 billion valuation Meesho#39;s valuation of $4.9 billion makes it one of India#39;s highest valued startups, succeeded by barely half a dozen other internet startups

from Moneycontrol Business News https://ift.tt/39NFPj8

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...