article thumbnail

India SME Lender Capital Float Tops Up Funding

PYMNTS

After having notched more than $110 million in equity funding in the past, India’s Capital Float has received a top-off of $4.8 Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013. It aids small manufacturers, business-to-business (B2B) service providers and online retailers.

Capital 230
article thumbnail

Central Retail Group Eyes $2.7B IPO

PYMNTS

In what would be Thailand’s biggest initial public offering (IPO), Central Retail Corporation, the country’s largest retailer, is looking to raise up to 81.1 Central Retail’s plans to go public would overtake the biggest listing in the country, BTS Rail Mass Transit Growth Fund, which in 2013 notched 62 billion baht.

Groups 131
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Jeans Maker True Religion Files For Chapter 11 Bankruptcy

PYMNTS

True Religion was acquired for $824 million in 2013 by London-based capital investment firm TowerBrook Investment Partners, and ended up filing for bankruptcy in 2017. Due to the pandemic forcing stores to close, around a million employees of various brands and retailers have been furloughed.

Delaware 160
article thumbnail

Toy Discounts On The Decline For Holiday Shoppers

PYMNTS

Although retailers kicked off an earlier shopping timetable, toy discounts have plummeted this holiday season, Bloomberg reported on Thursday (Dec. The shopping time between Thanksgiving and Christmas is six fewer days this year, the shortest since 2013. Barbie from Mattel is still the most popular holiday toy for girls.

New York 131
article thumbnail

Online Wholesaler Boxed Looks For Buyers

PYMNTS

online wholesale retailer sometimes called “Costco for millennials,” is seeking a buyer, Reuters reported. Boxed, formed in 2013, has raised $240 million from investors, including American Express and GGV Capital. Boxed , the U.S. Boxed, based in New York, offers sales of fresh groceries, office supplies and more.

Online 205
article thumbnail

Startup Riskified Seeks $200M To Fight eCommerce Fraud

PYMNTS

Riskified , which was founded in 2013 and is based in Tel Aviv, is potentially considering going public, possibly by 2020. At Riskified, our goal is to turn fraud management into a growth engine for online retailers,” the company said on its website. “We

Fraud 181
article thumbnail

Robinhood Surpasses 10M Subscribers

PYMNTS

The company, which launched in 2013, attracts millennials interested in trading stocks and cryptocurrency. Robinhood disrupted the brokerage industry by offering free stock trading, which caused major retail brokers to drop commission fees. “We Participating investors included Ribbit Capital, NEA, Sequoia and Thrive Capital.