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Axis Bank again tweaks pact to acquire Max Life Insurance stake

Finance

30 October, 2020

Axis Bank again tweaks pact to acquire Max Life Insurance stake

Private-sector lender Axis Bank has changed for a second time its plan to acquire a stake in Max Life Insurance ......

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VC-backed parent of PropTiger, Housing, Makaan sold at well below peak valuation

TMT

29 October, 2020

VC-backed parent of PropTiger, Housing, Makaan sold at well below peak valuation

Elara Technologies Pte Ltd, the holding company for Indian digital real estate ventures PropTiger, Housing and Makaan that was...

Pidilite to acquire Araldite maker Huntsman's India unit for $284 mn

Manufacturing

29 October, 2020

Pidilite to acquire Araldite maker Huntsman's India unit for $284 mn

Pidilite Industries Ltd said Thursday it has agreed to acquire the India unit of US-based Huntsman Group that makes adhesives...

Wipro to take over Encore Theme in fourth acquisition within four months

TMT

28 October, 2020

Wipro to take over Encore Theme in fourth acquisition within four months

Wipro Ltd said Wednesday it has signed a definitive agreement to acquire Encore Theme Technologies Pvt. Ltd, which provides software-as-a-service...

Sequoia, Tiger Global back video editing startup InVideo

TMT

27 October, 2020

Sequoia, Tiger Global back video editing startup InVideo

InVideo, a video creation and editing platform, has raised $15 million (Rs 110 crore) in a Series A funding round ......

Tech Mahindra picks up stake in US startup VitalTech

TMT

22 October, 2020

Tech Mahindra picks up stake in US startup VitalTech

Tech Mahindra Ltd said Thursday it has agreed to acquire a minority stake in Texas, US-based health-tech startup VitalTech Holdings...

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Sequoia-backed BankBazaar sells mutual fund distribution biz

TMT

15 October, 2020

Sequoia-backed BankBazaar sells mutual fund distribution biz

A & A Dukaan Financial Services Pvt. Ltd, which operates online financial services marketplace BankBazaar, has sold a part...

Grapevine: KKR, Tiger, GGV Capital may invest in Vedantu

General

08 October, 2020

Grapevine: KKR, Tiger, GGV Capital may invest in Vedantu

Edtech startup Vedantu is in talks with KKR along with existing investors Tiger Global Management and GGV Capital to raise ......

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

Consumer

06 October, 2020

Reliance continues fundraising spree for retail unit, gets $751 mn from ADIA

The Abu Dhabi Investment Authority (ADIA) will invest Rs 5,512.50 crore ($751.35 million at current exchange rates) in Reliance...

Silicon Valley's MARL 5G Accelerator invests in cohort startup SpotKwik

TMT

05 October, 2020

Silicon Valley's MARL 5G Accelerator invests in cohort startup SpotKwik

SpotKwik Inc., a shopping platform focussed on providing a social experience, has raised funding from a Silicon Valley-based accelerator. Bengaluru-based...