Debjyoti Roy

App-based bus commute startup Cityflo has raised Rs 57 crore ($7.7 million) in its Series A round of funding led ......

Lightbox Ventures leads Series A funding in bus aggregator Cityflo

Ankit Agarwal

General

A private equity fund managed by Morgan Stanley is in advanced talks with Centrum Group to pick up a 20% ......

Grapevine: Morgan Stanley may buy into Centrum unit; Lightbox may invest in Cityflo

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Reuters

Consumer

India&#39;s Godrej family has decided to restructure its shareholding in the conglomerate to operate as two entities, Godrej Enterprises and ......

Godrej family to split conglomerate into two parts

South Africa&#39;s largest cryptocurrency exchange VALR will now offer crypto asset services in Poland and is eyeing other jurisdictions across ......

South African crypto firm VALR looking at international expansion, forays into Poland

Economy

Egypt&#39;s net foreign assets (NFAs) deficit shrank $17.8 billion in March, its second month of decline, central bank data showed, ......

Egypt's net foreign assets deficit declines for second month in a row

Aman Rawat

People

Homegrown mid-market private equity firm Xponentia Capital, which is an investor in companies including Barbeque Nation, The Souled Store and ......

The Souled Store, Traya backer Xponentia Capital promotes executives to MD

Sreeja Biswas

Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is ......

Bharti Airtel's Africa unit set to bag a big cheque from offshore investor

UAE sovereign fund Mubadala Investment Company is in discussions to team up with Warburg Pincus as a potential co-investor in acquiring a controlling stake ......

Grapevine: Mubadala may join hands with Warburg for Shriram Housing; Brookfield eyes Leela Palaces Listing

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