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Beena Parmar

Kunal Shah's Cred launches Scan and Pay to expand payments biz

Finance

01 October, 2022

Kunal Shah's Cred launches Scan and Pay to expand payments biz

Kunal Shal-led fintech startup Cred has launched ‘Scan and Pay’ under the Unified Payments Interface (UPI) platform foraying into the ......

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Weak rupee keeps investors on the edge

Finance

30 September, 2022

Weak rupee keeps investors on the edge

The weakening rupee has eroded the value of many startup investments made in dollars, unnerving investment funds waiting to return ......

Torrent Pharma to acquire PE-backed Curatio Healthcare

Healthcare

27 September, 2022

Torrent Pharma to acquire PE-backed Curatio Healthcare

Torrent Pharmaceuticals Ltd has agreed to acquire 100% stake in Sequoia-backed skincare products manufacturer Curatio Healthcare (I) Pvt Ltd (Curatio) ......

PAG-led consortium completes $260 mn deal with Optimus

Healthcare

26 September, 2022

PAG-led consortium completes $260 mn deal with Optimus

Asia Pacific-focused investment firm PAG, along with consortium partners CX Partners and Samara Capital, has completed the acquisition of a ......

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Investors press for formalizing tax on PE profits

TMT

21 September, 2022

Investors press for formalizing tax on PE profits

Private investors will lobby the recently empanelled private equity and venture capital expert committee to formalize a tax code on ......

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Singapore-based Leo Capital likely to mark first close of 3rd fund

Finance

20 September, 2022

Singapore-based Leo Capital likely to mark first close of 3rd fund

Singapore-based early-stage VC, Leo Capital, is looking to mark the first close of its third fund by September end to ......

KKR leads $450 mn investment in Hero Group's renewable energy arm

Finance

20 September, 2022

KKR leads $450 mn investment in Hero Group's renewable energy arm

Global private equity (PE) major KKR has agreed to invest $450 million (around Rs 3,585 crore) in Hero Future Energies ......

Sebi puts Fairfax-backed Go Digit's IPO in "abeyance"

Finance

19 September, 2022

Sebi puts Fairfax-backed Go Digit's IPO in "abeyance"

Capital markets regulator Sebi has kept in “abeyance” the proposed initial public offering (IPO) of Go Digit General Insurance Ltd, ......

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Fairfax India to exit Fairchem Organics

Manufacturing

16 September, 2022

Fairfax India to exit Fairchem Organics

Billionaire Prem Watsa-backed Fairfax India Holdings Corp. is looking to sell its majority stake in speciality chemicals manufacturer Fairchem Organics ......

Amazon trims India losses as units' revenue rises 30%

TMT

12 September, 2022

Amazon trims India losses as units' revenue rises 30%

E-commerce giant Amazon India reported a 30% increase in revenue at its five units—marketplace, transportation, internet, data and payments—for the ......