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Grapevine: PTT Group eyes Avaada stake; Dream11 in fundraising talks

General

22 February, 2021

Grapevine: PTT Group eyes Avaada stake; Dream11 in fundraising talks

Thailand’s PTT Group, among others, has shown interest in buying around 22% stake in renewable energy producer Avaada Energy...

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Flashback 2020: Coronavirus drags M&A, private deal volumes to five-year lows

Finance

31 December, 2020

Flashback 2020: Coronavirus drags M&A, private deal volumes to five-year lows

The number of private investments and mergers and acquisitions dropped to the lowest in at least five years during 2020 ......

US trading firm Susquehanna, RTP Global lead funding for Mobile Premier League

TMT

21 September, 2020

US trading firm Susquehanna, RTP Global lead funding for Mobile Premier League

Digital gaming startup Mobile Premier League (MPL) has raised $90 million (about Rs 661 crore) in its Series C round ......

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PE-backed gaming firm looks to buy Delta's online poker platform Adda52

TMT

17 September, 2020

PE-backed gaming firm looks to buy Delta's online poker platform Adda52

Gaming and hospitality company Delta Corp is in talks with potential suitors including a private equity-backed game developer...

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

General

16 September, 2020

Grapevine: LIC to sell stake in IDBI Bank; two left in race for Piramal's glass unit

Life Insurance Corporation of India (LIC) is planning to gradually sell its stake in IDBI Bank nearly two years after ......

Tiger Global, TPG lead $225 mn funding in Dream11 parent

TMT

14 September, 2020

Tiger Global, TPG lead $225 mn funding in Dream11 parent

Sports-technology firm Dream11 has raised fresh capital from a bunch of investment firms including US-based Tiger Global Management...

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Real-money gaming firms take a chance on growth despite legal ambiguity

TMT

10 September, 2020

Real-money gaming firms take a chance on growth despite legal ambiguity

The stay-at-home restrictions in the wake of the coronavirus pandemic have led to a surge in online gaming in India ......

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Two PE firms emerge as frontrunners for Dream11 stake

TMT

04 September, 2020

Two PE firms emerge as frontrunners for Dream11 stake

Two US-based institutional investors have emerged as frontrunners to invest in fantasy sports platform Dream11, two people privy...

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

General

24 August, 2020

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

Piramal Capital & Housing Finance (PCHF) is looking to raise a loan of up to $500 million (Rs 3,743 crore) ......

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Fund Scan: Well begun but only half done – why Multiples PE must lift its game

Finance

27 July, 2020

Fund Scan: Well begun but only half done – why Multiples PE must lift its game

On the evening of Monday, October 30, 2017, Multiples Alternate Asset Management Pvt. Ltd did something unusual – it invited...