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SoftBank, Google's VC arm back American insurance-tech startup

TMT

11 April, 2019

SoftBank, Google's VC arm back American insurance-tech startup

Tech-driven insurance startup Lemonade Inc has signed a $300 million funding round led by Japan’s SoftBank Group Corp , the ......

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

TMT

08 April, 2019

Hospitality firm V Resorts raises Series A capital from HNIs, existing investors

New Delhi-based Bliss Inns Pvt. Ltd, which runs an asset-light resort management company under the brand name V Resorts, has ......

Alok Sama to step down from SoftBank; KKR, GIC to pare stake in HDFC

General

01 April, 2019

Alok Sama to step down from SoftBank; KKR, GIC to pare stake in HDFC

SoftBank Group International’s Alok Sama is stepping down from his position as the firm’s president and chief financial officer after ......

Zomato sets sights on Google-backed Dunzo; MT Educare seeks funding from Gaja, WestBridge

General

28 March, 2019

Zomato sets sights on Google-backed Dunzo; MT Educare seeks funding from Gaja, WestBridge

Food delivery and restaurant discovery company Zomato Media Pvt. Ltd is looking to acquire Bengaluru-based on-demand services provider Dunzo Digital ......

Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal

TMT

26 March, 2019

Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal

Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in a ......

Binny Bansal, others invest $65 mn in digital insurance startup Acko

TMT

13 March, 2019

Binny Bansal, others invest $65 mn in digital insurance startup Acko

Mumbai-based online startup Acko General Insurance Co. Ltd has raised $65 million (Rs 452.3 crore) in a Series C round ......

SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club

TMT

06 March, 2019

SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club

Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around Rs ......

SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery

TMT

28 February, 2019

SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery

The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics ......

OYO raises money from Didi Chuxing to close $1 bn funding round

TMT

14 February, 2019

OYO raises money from Didi Chuxing to close $1 bn funding round

Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm Didi ......

New US-based investors infuse fresh capital into Ola

TMT

05 February, 2019

New US-based investors infuse fresh capital into Ola

ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 112 crore ($15.6 million) from a clutch of ......