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How Covid-19 pushed Warburg-backed Capillary to change tack in growth drive

TMT

23 August, 2023

How Covid-19 pushed Warburg-backed Capillary to change tack in growth drive

When Covid-19 first hit businesses worldwide three years ago, software-as-a-service company Capillary Technologies India......

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Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

General

21 August, 2023

Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family......

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Grapevine: JSW eyes Teck's coal business; Peak XV may back asset manager

General

17 August, 2023

Grapevine: JSW eyes Teck's coal business; Peak XV may back asset manager

Peak XV Partners, the venture capital firm and growth equity investor rebranded from Sequoia India and Southeast ......

Offshore online gaming firms must register business in India or appoint proxy to pay tax

TMT

11 August, 2023

Offshore online gaming firms must register business in India or appoint proxy to pay tax

The Indian government has mandated offshore online gaming companies operating in the country to register the business ......

Peak XV-backed MPL to lay off 350 employees to "survive" after gaming tax

People

08 August, 2023

Peak XV-backed MPL to lay off 350 employees to "survive" after gaming tax

Indian gaming app Mobile Premier League will lay off 350 employees as it takes steps to "survive" a tax imposed ......

Peak XV to hold CEOs meet for first time after Sequoia split

Finance

31 July, 2023

Peak XV to hold CEOs meet for first time after Sequoia split

India's biggest venture capital firm Peak XV Partners has organised a meeting of its more than 200 investee ......

Tiger Global, ChrysCap, Peak XV say gaming tax puts plan to invest $4 bn at risk

TMT

21 July, 2023

Tiger Global, ChrysCap, Peak XV say gaming tax puts plan to invest $4 bn at risk

Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors that have asked India to ......

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TPG, KKR-backed Five-Star Business' CEO on growth areas, fintech competition and more

Finance

21 July, 2023

TPG, KKR-backed Five-Star Business' CEO on growth areas, fintech competition and more

Non-banking financial company (NBFC) Five-Star Business Finance Ltd counts private equity firms KKR and TPG as well as ......

PingSafe, six others secure early-stage funding

TMT

20 July, 2023

PingSafe, six others secure early-stage funding

Cybersecurity firm PingSafe, hyperlocal delivery services startup Dusminute, apparel maker Louis Stitch and virtual ......

Byju's ropes in former upGrad CEO to oversee international business

People

13 July, 2023

Byju's ropes in former upGrad CEO to oversee international business

Embattled edtech major Byju's has roped in upGrad's former chief Arjun Mohan to oversee its international ......