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ICICI Bank to pick up minority stake in ed-tech firm Myclassboard

Finance

29 December, 2020

ICICI Bank to pick up minority stake in ed-tech firm Myclassboard

ICICI Bank said Tuesday it has signed an agreement to acquire a 9.09% stake in ed-tech company Myclassboard Educational Solutions...

Reliance to buy out IMG from sports management JV

TMT

24 December, 2020

Reliance to buy out IMG from sports management JV

Billionaire Mukesh Ambani-led Reliance Industries Ltd said Thursday it has agreed to buy out IMG Worldwide LLC from their sports...

Wipro to take over Metro's IT units for under $50 mn

TMT

23 December, 2020

Wipro to take over Metro's IT units for under $50 mn

Wipro Ltd, India’s third-largest software services exporter, said Wednesday it will take over the information technology...

Tata Communications takes control of French technology firm Oasis

TMT

23 December, 2020

Tata Communications takes control of French technology firm Oasis

Tata Communications Ltd said Wednesday it has acquired a 58.1% stake in Oasis Smart SIM Europe SAS, a French company ......

Stellaris gets IFC on board as limited partner for second VC fund

Finance

22 December, 2020

Stellaris gets IFC on board as limited partner for second VC fund

International Finance Corporation, the World Bank’s private-sector investment arm, is coming in as a limited partner for...

Google leads $145 mn funding in InMobi's Glance and Roposo

TMT

22 December, 2020

Google leads $145 mn funding in InMobi's Glance and Roposo

Glance, part of mobile-advertising company InMobi and owner of short-video platform Roposo, has raised $145 million (about Rs...

Antony Waste IPO fully covered on first day on retail investors' demand

Infrastructure

21 December, 2020

Antony Waste IPO fully covered on first day on retail investors' demand

The initial share sale of Antony Waste Handling Cell Ltd, India’s first waste management services company to go public,...

Zomato completes $660 mn funding round; valued at $3.9 bn

TMT

19 December, 2020

Zomato completes $660 mn funding round; valued at $3.9 bn

Food delivery company Zomato Media Pvt. Ltd has completed a staggered fundraise that added $660 million (Rs 4,851 crore) to ......

Premium
Warburg Pincus scores its biggest multi-bagger exit from India

Finance

18 December, 2020

Warburg Pincus scores its biggest multi-bagger exit from India

Private equity giant Warburg Pincus, which has had a string of successes in India, has struck its biggest multi-bagger in ......

Premium
Apple supplier Wistron to sell stake in India phone JV

Manufacturing

18 December, 2020

Apple supplier Wistron to sell stake in India phone JV

Wistron Corp, the Taiwanese electronics giant that makes Apple Inc.’s iPhone and which saw violence break out at a factory...