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Joseph Rai

Nirma inks $770-mn deal to acquire Emami Cement

Manufacturing

06 February, 2020

Nirma inks $770-mn deal to acquire Emami Cement

Nirma Group has signed a binding agreement to acquire the cement business of diversified conglomerate Emami Group for an enterprise ......

Blue-collar loan platform SuperMoney raises funding from Unitus Ventures

TMT

06 February, 2020

Blue-collar loan platform SuperMoney raises funding from Unitus Ventures

SuperMoney, a platform that facilitates loans to blue-collar and gig-economy workers, said it has raised $1 million (around Rs 7 ......

PayU, Fosun, Naukri parent's VC fund back payments startup Dot

TMT

06 February, 2020

PayU, Fosun, Naukri parent's VC fund back payments startup Dot

DotPe Pvt. Ltd, a payments company set up by PayU India co-founder Shailaz Nag last year, said on Thursday it ......

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Northern Arc Investments exceeds target returns in maiden debt fund exit

Finance

05 February, 2020

Northern Arc Investments exceeds target returns in maiden debt fund exit

Northern Arc Investments, the alternative investment arm of Northern Arc Capital, has returned the money it had raised from limited ......

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Lightspeed scores multi-bagger returns from one of its oldest bets

Finance

05 February, 2020

Lightspeed scores multi-bagger returns from one of its oldest bets

Lightspeed Venture Partners has fully exited a company in which it had come in as one of the first institutional ......

Venture debt firm Alteria Capital doubles down on Faasos parent

TMT

05 February, 2020

Venture debt firm Alteria Capital doubles down on Faasos parent

Alteria Capital has extended another Rs 35 crore ($4.9 million) in venture debt to Rebel Foods Pvt. Ltd, the owner ......

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InnoVen Capital extends venture debt to VC-backed genomics company

Healthcare

04 February, 2020

InnoVen Capital extends venture debt to VC-backed genomics company

InnoVen Capital has provided venture debt to a healthcare company that had last raised a significant round of equity funding ......

Drugmaker Granules India sells entire stake in Chinese JV

Healthcare

04 February, 2020

Drugmaker Granules India sells entire stake in Chinese JV

Hyderabad-based drugmaker Granules India Ltd has sold its stake in its Chinese joint venture to its local partner, more than ......

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ChrysCapital returns as investor in another pharma firm after taking it public

Healthcare

03 February, 2020

ChrysCapital returns as investor in another pharma firm after taking it public

Homegrown private equity firm ChrysCapital has returned to invest in a pharmaceutical company that it had helped launch on the ......

Budget 2020: Startups get a tax carrot, e-commerce firms get a TDS stick

TMT

01 February, 2020

Budget 2020: Startups get a tax carrot, e-commerce firms get a TDS stick

Finance minister Nirmala Sitharaman proposed tax reliefs and a slew of feel-good initiatives for startups, including the launch of a ......