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Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

Consumer

06 October, 2020

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

The Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore ($751.35 million at current exchange rates) in Reliance Retail ......

Reliance pockets $1 bn from GIC, TPG for retail unit

Consumer

03 October, 2020

Reliance pockets $1 bn from GIC, TPG for retail unit

Singapore sovereign wealth fund GIC Pte Ltd and US-based private equity firm TPG will invest a total of Rs 7,350 ......

Grapevine: ByteDance may back Lido Learning; Fourth Partner Energy seeks $150 mn

General

24 July, 2020

Grapevine: ByteDance may back Lido Learning; Fourth Partner Energy seeks $150 mn

China’s ByteDance, the parent of short-video app TikTok, is in talks to invest in Mumbai-based education-technology startup Lido Learning, a ......

Grapevine: Kedaara to join Dream11 funding; 100% FDI likely in finished housing projects

General

20 July, 2020

Grapevine: Kedaara to join Dream11 funding; 100% FDI likely in finished housing projects

Homegrown Kedaara Capital is vying for a spot in the $200 million (about Rs 1,500 crore) fundraising exercise of fantasy ......

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

TMT

15 July, 2020

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

Reliance Industries Ltd said on Wednesday Alphabet Inc.’s Google will invest Rs 33,737 crore ($4.5 billion) in Jio Platforms Ltd, ......

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

TMT

13 July, 2020

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......

TPG's Rise Fund joins Engie's impact arm as investor in Frontier Markets

Infrastructure

06 July, 2020

TPG's Rise Fund joins Engie's impact arm as investor in Frontier Markets

Frontier Markets Consulting Pvt. Ltd, a startup that focuses on last-mile distribution in rural areas, has raised $2.25 million (about ......

Intel chips in with $253 mn for Reliance's Jio Platforms

TMT

03 July, 2020

Intel chips in with $253 mn for Reliance's Jio Platforms

Reliance Industries Ltd said on Friday that Intel Capital will invest Rs 1,894.50 crore ($253 million) in Jio Platforms Ltd, ......

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The ties that bind: KKR's Henry Kravis, other investors hit bull's-eye with Nykaa

TMT

24 June, 2020

The ties that bind: KKR's Henry Kravis, other investors hit bull's-eye with Nykaa

Beauty products retailer Nykaa is turning out to be a goldmine for KKR & Co co-founder Henry Kravis and many ......

Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms

TMT

18 June, 2020

Saudi Arabian wealth fund to invest $1.5 bn in Reliance's Jio Platforms

Reliance Industries Ltd said on Thursday Saudi Arabia’s Public Investment Fund (PIF) will invest Rs 11,367 crore ($1.5 billion) in ......