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Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

General

30 March, 2023

Grapevine: PhonePe shelves plan to buy ZestMoney; Viatris' API biz for sale

Walmart-owned digital payments company PhonePe has decided to call off the deal to acquire buy-now-pay-later (BNPL) ......

Grapevine: Piramal, TPG set to exit Shriram General Insurance

General

29 March, 2023

Grapevine: Piramal, TPG set to exit Shriram General Insurance

Private equity firm TPG and Ajay Piramal-led Piramal Group are on the verge of selling their combined stake of about ......

Kotak Investment collects 75% of target corpus for second strategic situations fund

General

28 March, 2023

Kotak Investment collects 75% of target corpus for second strategic situations fund

Kotak Group's alternative assets unit Kotak Investment Advisors Ltd has announced the first close of its second ......

Grapevine: Arcil highest bidder for Xrbia; Coca-Cola's bottling divestment resumes

General

28 March, 2023

Grapevine: Arcil highest bidder for Xrbia; Coca-Cola's bottling divestment resumes

Avenue Capital-backed Asset Reconstruction Company of India (Arcil) has emerged as the highest bidder for L&T Finance’......

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Climatetech shrugs 2022 funding woes, leads impact investment scenario

General

27 March, 2023

Climatetech shrugs 2022 funding woes, leads impact investment scenario

Investment in homegrown climatetech companies surged to a record level in 2022 as investors accelerated their interests ......

Grapevine: Adani, RIL opt out of SKS Power race; Oyo to trim planned IPO

General

27 March, 2023

Grapevine: Adani, RIL opt out of SKS Power race; Oyo to trim planned IPO

Adani Group and Reliance Industries have not submitted revised bids for SKS Power Generation, making it a five-way ......

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TPG strikes over $200 mn exit with multi-bagger from India

General

24 March, 2023

TPG strikes over $200 mn exit with multi-bagger from India

TPG Growth, a backer of companies like Dream11, FirstCry, BookMyShow, Fourth Partner, Manipal Hospitals and Reliance ......

'The new internet': Global VCs scramble for investments in interactive AI products

General

24 March, 2023

'The new internet': Global VCs scramble for investments in interactive AI products

In December and January, several venture capitalists from the US and Britain raced to Paris to vie for a stake ......

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Impact investing values dipped in 2022 as investors hit brakes on late-stage funding

General

24 March, 2023

Impact investing values dipped in 2022 as investors hit brakes on late-stage funding

The last year was one of the most difficult ones for the Indian startup ecosystem - the third biggest in ......

Grapevine: Vedanta approaches SWFs for stake sale; Phoenix ARC to buy Bandhan's bad loans

General

24 March, 2023

Grapevine: Vedanta approaches SWFs for stake sale; Phoenix ARC to buy Bandhan's bad loans

With debt repayments up to $2 billion maturing by June, billionaire Anil Agarwal-led Vedanta Resources Ltd (VRL) has ......

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