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New Deal


Announced

Completed

SoftBank Group, Prosus Ventures and Goldman Sachs led a $300m funding round in ElasticRun.

Financials

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Transaction Value£221m
Consideration TypeCash
Capital Owned-
Capital Bid For20%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Venture Capital

Minority

Single Bidder

Friendly

Cross Border

Private

Completed

commerce platform

E-commerce

India

Private Equity

Acquisition

e-commerce

Synopsis

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SoftBank Group, a Japanese multinational conglomerate holding company, Prosus Ventures, a venture investing arm of Prosus, and Goldman Sachs, a global investment banking, securities and investment management firm, led a $300m funding round in ElasticRun, an India and Southeast Asia-focused e-commerce logistics startup. With this, the Pune-based startup hase become the sixth company to enter to the unicorn club this club.

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