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Google to invest $350 mn in Flipkart at $37 bn valuation

TMT

24 May, 2024

Google to invest $350 mn in Flipkart at $37 bn valuation

Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at ......

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Deals Digest: KKR, Google ink key transactions but total volumes fall this week

TMT

24 May, 2024

Deals Digest: KKR, Google ink key transactions but total volumes fall this week

The number of Indian companies that raised funding from private equity and venture capital investors declined this week although tech ......

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Former Tiger Global, 3one4 executives float asset management firm

Finance

15 May, 2024

Former Tiger Global, 3one4 executives float asset management firm

A former executive of Tiger Global has teamed up with another from 3one4 Capital to set up an investment firm ......

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Grapevine: Reliance Retail mulls entry into diagnostics; TPG, OTPP compete for Altimetrik

General

13 May, 2024

Grapevine: Reliance Retail mulls entry into diagnostics; TPG, OTPP compete for Altimetrik

Reliance Retail Ventures, owned by Mukesh Ambani, is gearing up for a foray into the lucrative $150 billion (Rs 12.5 ......

VC-backed Rozana onboards former xto10x partner as co-founder

People

25 April, 2024

VC-backed Rozana onboards former xto10x partner as co-founder

Rural commerce startup Rozana, which counts Bertelssman India Investments and Fireside Ventures as investors, has onboarded a former executive from ......

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Grapevine: Mizuho, NBD Emirates eye Avendus; Zepto turns to PEs after Flipkart stalemate

General

19 April, 2024

Grapevine: Mizuho, NBD Emirates eye Avendus; Zepto turns to PEs after Flipkart stalemate

Japan’s Mizuho Bank and Dubai’s NBD Emirates are in advanced talks to acquire KKR’s stake in Avendus Capital, with bids expected in 2-3 weeks, a ......

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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

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Grapevine: Binny Bansal ups Curefoods bet; ADIA may back Pocket FM

General

18 March, 2024

Grapevine: Binny Bansal ups Curefoods bet; ADIA may back Pocket FM

Binny Bansal, co-founder of Flipkart, is ramping up his investments in Curefoods, while concurrently doubling down on his investment activities ......

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Grapevine: Manipal Hospitals set to clinch buyout; Edelweiss raising credit fund

Consumer

12 March, 2024

Grapevine: Manipal Hospitals set to clinch buyout; Edelweiss raising credit fund

Manipal Hospitals, backed by Temasek and Ranjan Pai, is in final talks to acquire a significant majority stake in Kolkata's ......

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Grapevine: EQT, KKR eye Healthium Medtech; Nazara bids for Smaaash

General

08 March, 2024

Grapevine: EQT, KKR eye Healthium Medtech; Nazara bids for Smaaash

Top global private equity firms, including EQT, KKR, Bain Capital, and Advent International, have submitted initial bids to buy Apax Partners-backed Healthium Medtech, a media ......