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Flipkart Valuation Downgraded By Morgan Stanley Third Time In 6 Months
Morgan Stanley values its Flipkart holdings at $84.3 a share as of 30 June, some 4% lower from the preceding quarter, according to a filing with the US Securities and Exchange Commission. Morgan Stanley valued Flipkart shares at $142.2 a share as of June 2015, filing show. Flipkart had last raised a financing round in the middle of last year when it bagged a valuation of $15 billion. Full investment news article
Cloud Radiotherapy Start-Up Allcure Raises $27M Series A From Two RMB Funds
Chinese precision cloud radiotherapy start-up Beijing Allcure Medical Technology has raised a RMB180 million (US$27 million) series A funding round from two RMB investment funds, Zhengheci Capital and Lian Fund, Chinese media reported. Full investment news article