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Ankit Agarwal

Grapevine: InMobi in talks to buy Roposo; NIIF may invest in Saudi Aramco IPO

General

20 November, 2019

Grapevine: InMobi in talks to buy Roposo; NIIF may invest in Saudi Aramco IPO

Mobile marketing and advertising firm InMobi is in talks to acquire video-sharing platform Roposo, a media report said. Citing four sources ......

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Company watch: Peepul Capital-owned Unibic boosts sales, struggles with profitability

Consumer

19 November, 2019

Company watch: Peepul Capital-owned Unibic boosts sales, struggles with profitability

Unibic Foods India Pvt. Ltd clocked healthy revenue growth for the year ended March 2019 as it expanded its biscuit-making ......

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Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

Consumer

18 November, 2019

Demand sinks: Q2 sales drop at one in four large Indian consumer-facing companies

The slowdown in Indian consumer demand that was initially rebuffed as a behavioural change by car buyers has spread faster ......

Grapevine: ChrysCapital may return to RBL Bank; PE firms eye stake in Café Coffee Day

General

15 November, 2019

Grapevine: ChrysCapital may return to RBL Bank; PE firms eye stake in Café Coffee Day

Private equity firm ChrysCapital is considering investing around Rs 500 crore ($69.6 million at current exchange rate) in RBL Bank, ......

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

General

14 November, 2019

Grapevine: Investec eyes SBI Caps stake; SoftBank sets 5-year IPO deadline for Paytm

The local unit of South African financial services group Investec is leading the race to buy a stake in State ......

Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets

General

13 November, 2019

Grapevine: Munjal, DSP Group founder eye Yes Bank stake; Bharti bids for R-Com assets

Sunil Munjal, chairman of Hero Corporate Services Ltd, and Hemendra Kothari, veteran investment banker and founder of DSP Group, have ......

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Company watch: GSK Velu's Trivitron ramps up revenue, faces working-capital challenges

Healthcare

12 November, 2019

Company watch: GSK Velu's Trivitron ramps up revenue, faces working-capital challenges

Trivitron Healthcare Pvt. Ltd, the medical equipment maker founded by serial entrepreneur GSK Velu, doubled the pace of growth in ......

Grapevine: Snapdeal may raise $100 mn in funding round joined by SoftBank

General

12 November, 2019

Grapevine: Snapdeal may raise $100 mn in funding round joined by SoftBank

Online marketplace Snapdeal is in talks to raise close to $100 million (Rs 716 crore at current exchange rate) from ......

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

General

11 November, 2019

Grapevine: Hero Corp may buy into Max Financial; Tencent picks up Policybazaar stake

Sunil Kant Munjal’s Hero Corp is looking to buy a significant minority stake from Analjit Singh in Max Financial Services ......

Grapevine: Baring PE Asia sole bidder for Can Fin; TPG leads funding in Jana Bank

General

08 November, 2019

Grapevine: Baring PE Asia sole bidder for Can Fin; TPG leads funding in Jana Bank

Hong Kong-based Baring Private Equity Asia has emerged as the sole bidder for a controlling stake in Can Fin Homes ......