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Grapevine: Tesla, RIL in talks for EV plant; PremjiInvest may bet on Canva

General

10 April, 2024

Grapevine: Tesla, RIL in talks for EV plant; PremjiInvest may bet on Canva

Billionaire Elon Musk-led Tesla is in talks with Reliance Industries Ltd (RIL) to establish a joint venture for manufacturing electric ......

IndusInd Bank promoters to acquire 60% of Invesco's India arm

Finance

09 April, 2024

IndusInd Bank promoters to acquire 60% of Invesco's India arm

Promoters of private lender IndusInd Bank will buy a 60% stake in the Indian arm of global asset manager Invesco, ......

Premium
Grapevine: RIL eyes stake in Tata Play; Warburg, Bain compete for Shriram Housing

General

15 February, 2024

Grapevine: RIL eyes stake in Tata Play; Warburg, Bain compete for Shriram Housing

Reliance Industries (RIL) is in talks to acquire a 29.8% stake in Tata Play from the Walt Disney Company, marking ......

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Swiggy back in decacorn club with latest valuation mark-up

TMT

17 January, 2024

Swiggy back in decacorn club with latest valuation mark-up

Food delivery venture unicorn Swiggy, which has begun preparations for its potential public listing, has re-entered the decacorn club of ......

Invesco raises SoftBank-backed Swiggy's valuation to $8.3 bn

TMT

05 January, 2024

Invesco raises SoftBank-backed Swiggy's valuation to $8.3 bn

U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion ......

Pro
Swiggy gets a valuation jump, still way below its peak

TMT

16 October, 2023

Swiggy gets a valuation jump, still way below its peak

Food delivery unicorn Swiggy finally has good news in its corner, after facing a series of valuation cuts through the ......

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

TMT

18 May, 2023

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

Foodtech unicorn Swiggy on Thursday said its food delivery business, which accounts for the majority of its revenue, has turned ......

Premium
Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

TMT

08 May, 2023

Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......

Invesco drops plan to shake up India's Zee, citing Sony merger plan

TMT

24 March, 2022

Invesco drops plan to shake up India's Zee, citing Sony merger plan

U.S. investment firm Invesco decided on Thursday against pushing India's Zee Entertainment to shake up its top management, citing its ......

Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation

TMT

24 January, 2022

Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation

Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has raised $700 million in a funding round led by Invesco, ......