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CoinSwitch appoints former Flipkart exec Sudheer Tumuluru as head of crypto engineering

People

CoinSwitch appoints former Flipkart exec Sudheer Tumuluru as head of crypto engineering

Indian crypto unicorn CoinSwitch said that it is appointing Sudheer Tumuluru as the head of crypto ...

Space Matrix ​acquires Pursuit​e, onboards Koovs exec as global CTO

TMT

Space Matrix ​acquires Pursuit​e, onboards Koovs exec as global CTO

Singapore-headquartered international design firm Space Matrix has acquired Pursuite, a B2B e-...

Adani Group to invest $50 bn in hydrogen over 10 years, partners TotalEnergies

Infrastructure

Adani Group to invest $50 bn in hydrogen over 10 years, partners TotalEnergies

As part of a new strategic alliance to develop green hydrogen ecosystem, TotalEnergies will acquire ...

Tencent buys stake worth $264 mn in Flipkart from Binny Bansal

Consumer

Tencent buys stake worth $264 mn in Flipkart from Binny Bansal

Chinese technology conglomerate Tencent has bought stake worth $264 million (about Rs 2,060 crore) ...

Affle picks up 13% stake in Indus OS at $90mn valuation

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Affle picks up 13% stake in Indus OS at $90mn valuation

Singapore-based technology firm, Affle said on Friday, June 10 that it has acquired a 13% stake in ...

India's AIF industry doubles to $72 bn in 5 years: report

Finance

India's AIF industry doubles to $72 bn in 5 years: report

India’s alternative investment fund (AIF) industry has doubled to $72 billion as of September 2021...

Uber hires ex-Facebook exec Namit Jain to lead core platform in India

People

Uber hires ex-Facebook exec Namit Jain to lead core platform in India

Ride-hailing company Uber has announced that it has hired Namit Jain, as a new Senior Director, ...

PE-backed Pristine Logistics files for IPO worth Rs 250 cr, BII to exit partially

Infrastructure

PE-backed Pristine Logistics files for IPO worth Rs 250 cr, BII to exit partially

Delhi-based Pristine Logistics & Infraprojects Ltd (Pristine), has filed its draft papers with ...

M&M may demerge auto business into 3 units – report

Manufacturing

M&M may demerge auto business into 3 units – report

In a major restructuring move, auto-to-tech conglomerate Mahindra & Mahindra is likely to separate ...

Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions

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Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions

Logistics unicorn Delhivery has pruned its initial public offering (IPO) by around 30% to Rs 5,235 ...