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India's quasi sovereign fund and top LP NIIF gets interim CEO

People

11 May, 2023

India's quasi sovereign fund and top LP NIIF gets interim CEO

National Investment and Infrastructure Fund (NIIF), a quasi-sovereign fund manager backed by the Indian government that ......

Indian govt expands scope of money laundering law

General

10 May, 2023

Indian govt expands scope of money laundering law

The Indian government has expanded the scope of its money laundering law to also include individuals representing a ......

NCLT admits Go First into insolvency, places moratorium on aircraft leases

Infrastructure

10 May, 2023

NCLT admits Go First into insolvency, places moratorium on aircraft leases

An Indian tribunal on Wednesday granted bankruptcy protection to Go Airlines (India) Ltd, a move that will help the ......

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Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

TMT

09 May, 2023

Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

An Ola investor, which had slashed its estimate of the ride-hailing company’s valuation by more than half over a 15-......

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Eruditus' Damera on scrapping $350 mn funding, breaking even and more

TMT

09 May, 2023

Eruditus' Damera on scrapping $350 mn funding, breaking even and more

The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing ......

Early-stage startups Zyngo, GenWorks Health, Slick secure funding

TMT

09 May, 2023

Early-stage startups Zyngo, GenWorks Health, Slick secure funding

Electric vehicle (EV) logistics firm Zyngo, medtech startup GenWorks Health and social media platform Slick have raised ......

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Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

General

09 May, 2023

Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

Allianz Real Estate and Shapoorji Pallonji Group, which had bought Hyderabad office complex WaveRock for $250 million in......

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Avendus ropes in Citigroup exec to lead healthcare banking biz

Finance

09 May, 2023

Avendus ropes in Citigroup exec to lead healthcare banking biz

Financial services firm Avendus on Tuesday said it has appointed Anshul Gupta as managing director and head of its ......

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Decoding Infinity Learn's M&A thesis after three edtech acquisitions

TMT

09 May, 2023

Decoding Infinity Learn's M&A thesis after three edtech acquisitions

Infinity Learn, part of the Hyderabad-based group Sri Chaitanya Educational Institutions, is looking to acquire ......

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Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

TMT

08 May, 2023

Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......

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