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Consumer
Alibaba sells 3% stake in Zomato
Alipay Singapore, an arm of Alibaba Group Holding Ltd, sold 3.07% stake in online food delivery giant Zomato for ₹1,......
People
Nazara founder Nitish Mittersain takes over as CEO
Listed gaming startup Nazara Technologies Ltd’s founder Nitish Mittersain has taken charge as the chief executive ......
Finance
Adani Green arm raises $200 million to refinance debt
Adani Green Energy Ltd. on Thursday said it has raised nearly $200 million through its subsidiary, Adani Solar Energy AP......
People
Lightspeed-backed Teachmint lays off 5% of its workforce
The edtech sector continues to witness further upheaval as Bengaluru-based Teachmint has laid off 45 employees, around 5......
TMT
Innoviti Technologies concludes secondary ESOP sale
Bessemer Venture Partners-backed fintech firm Innoviti Technologies said on Wednesday it has concluded its second ......
Finance
Novo raises additional $35 mn to support India operations
Florida-based fintech firm Novo Platform Inc raised an additional $35 million from GGV Capital, taking the total ......
Consumer
Online marketplaces' GMV to hit $350 bn by 2027: Report
India’s online marketplaces will record a combined gross merchandise value (GMV) of over $350 billion by 2027, a joint......
Finance
Goldman Sachs hires Brookfield exec for buyout deals in India
Goldman Sachs Asset Management has hired Aman Gupta for the firm’s buyout investments team in India, two people familiar with ......
Finance
Finance minister sees capital spending fueling growth
India plans to sustain its high growth rate through more government capital spending but will also focus on health and ......
Finance
India's Q2 GDP comes in at 6.3%
The Indian economy has grown by 6.3% in the July to September quarter, down from explosive growth of 13.5% in ......
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