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Grapevine: KKR explores exit from Avendus; Flipkart eyes Dunzo

General

21 February, 2024

Grapevine: KKR explores exit from Avendus; Flipkart eyes Dunzo

US private equity firm KKR is considering an exit from Avendus Capital, a leading Indian financial services firm, more than ......

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Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out

General

11 December, 2023

Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out

Mumbai-based JB Chemicals & Pharmaceuticals Ltd, which is majority-owned by private equity firm KKR, is looking to acquire the Indian ......

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Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

General

04 October, 2023

Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

ICICI Venture, the alternative investment arm of ICICI Bank, is in discussions to invest in a New Delhi-based ethnic wear ......

Reliance-backed Dunzo to restructure, co-founder quits

People

03 October, 2023

Reliance-backed Dunzo to restructure, co-founder quits

Indian on-demand delivery platform Dunzo said on Monday that one of its four co-founders, Dalvir Suri, would leave and the ......

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Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

General

21 August, 2023

Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family investment offices ......

Grapevine: SP Group set to raise $1.75 bn; Dunzo fires staff after fundraise

General

06 April, 2023

Grapevine: SP Group set to raise $1.75 bn; Dunzo fires staff after fundraise

The Shapoorji Pallonji (SP) Group, the single largest shareholder of Tata Sons, is in talks to raise $1.75 billion by ......

How the digitised Indian consumer is luring global investors for a piece of cake

TMT

03 April, 2023

How the digitised Indian consumer is luring global investors for a piece of cake

Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) ......

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Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits

Finance

13 March, 2023

Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits

Lightbox, the backer of startups such as Rebel Foods, Dunzo and Paymate, aims to go slow on launching its fourth ......

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The rise and rise of quick commerce, but where's the profitability?

Finance

15 February, 2023

The rise and rise of quick commerce, but where's the profitability?

Addicted to laziness. That’s how Vidhi Maheshwari describes herself. It’s easy to see why. Recently, the digital media professional from ......

Google-backed Dunzo fires 3% staff

Consumer

16 January, 2023

Google-backed Dunzo fires 3% staff

Google-backed delivery platform Dunzo has laid off 3% of its workforce last week citing restructuring, joining the long list of ......