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Delhivery raises Rs 2,347 cr from anchor investors Tiger Global, Bay Capital, others in IPO

TMT

11 May, 2022

Delhivery raises Rs 2,347 cr from anchor investors Tiger Global, Bay Capital, others in IPO

Ahead of the Initial Public Offering (IPO) subscription opening, unicorn logistics platform Delhivery on Tuesday raised Rs 2,347 crore from ......

BharatPe acts against former founder Ashneer Grover, claws back restricted shares

Finance

10 May, 2022

BharatPe acts against former founder Ashneer Grover, claws back restricted shares

Fintech unicorn BharatPe Tuesday said it has initiated necessary action against former co-founder Ashneer Grover to claw back his restricted ......

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Senior McKinsey exec Hrishikesh Parandekar joins Mumbai-based asset manager

Finance

09 May, 2022

Senior McKinsey exec Hrishikesh Parandekar joins Mumbai-based asset manager

Senior McKinsey consultant and former Ambit Holdings CEO, Hrishikesh Parandekar has joined Mumbai-based alternate asset manager Alpha Alternatives as senior ......

Mahindra Retail to sell partial stake in FirstCry parent's IPO

Consumer

06 May, 2022

Mahindra Retail to sell partial stake in FirstCry parent's IPO

Mahindra & Mahindra Ltd’s subsidiary Mahindra Retail will divest around 2% of its shareholding in BrainBees Solutions Pvt Ltd (BrainBees), ......

Delhivery IPO worth Rs 5,235 cr opens on May 11

TMT

05 May, 2022

Delhivery IPO worth Rs 5,235 cr opens on May 11

Delhivery, the SoftBank-backed logistics unicorn, plans to raise ₹5,235 crore next week through an initial public offering, a sign of ......

Bain Capital infuses $175 mn in Delhi realty company TARC

Infrastructure

05 May, 2022

Bain Capital infuses $175 mn in Delhi realty company TARC

Global private equity company Bain Capital has infused Rs 1,330 crore (around $175 million), along with other investors in Delhi-based ......

Apollo Global makes $750 mn debt investment in Adani-owned Mumbai airport

Infrastructure

04 May, 2022

Apollo Global makes $750 mn debt investment in Adani-owned Mumbai airport

Mumbai International Airport Ltd (MIAL) Wednesday said that it has raised $750 million of debt in a private placement from ......

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GEF Capital marks first exit from its two-year old bet

Manufacturing

02 May, 2022

GEF Capital marks first exit from its two-year old bet

India clean energy-focused private equity (PE) fund manager GEF Capital Partners has marked its first exit from an investment made ......

Actis sells India renewable energy platform to Shell for $1.55 bn

Infrastructure

29 April, 2022

Actis sells India renewable energy platform to Shell for $1.55 bn

Global infrastructure investor Actis has agreed to sell Solenergi Power Private Limited, the flagship company for its Sprng Energy platforms ......

Temasek Holdings commits $162.5 mn in Zomato-backer Info Edge's three funds

TMT

28 April, 2022

Temasek Holdings commits $162.5 mn in Zomato-backer Info Edge's three funds

Singapore state investment firm Temasek Holdings has announced an investment of $162.5 million (Rs 1,245 crore) in three funds owned ......