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Grapevine: Zomato to invest in Grofers; Buyers shortlisted for govt stake in SCI

General

07 May, 2021

Grapevine: Zomato to invest in Grofers; Buyers shortlisted for govt stake in SCI

Food delivery unicorn Zomato is looking to invest about $100 million (Rs 736 crore) in Grofers as the online grocery ......

Grapevine: Frontrunners emerge for HGS unit; Nirma Group company to file for IPO

General

06 May, 2021

Grapevine: Frontrunners emerge for HGS unit; Nirma Group company to file for IPO

Baring Private Equity Asia and Everstone Capital have emerged as frontrunners to buy a controlling stake in the healthcare vertical...

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

General

03 May, 2021

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

Auto classifieds platform CarTrade is set to file draft papers for an initial public offering (IPO), two people told Mint.  “CarTrade...

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

General

30 April, 2021

Grapevine: Tata group pulls ahead of SpiceJet promoter in race for Air India; Hexaware on block

Tata Sons has quoted a price higher than SpiceJet promoter Ajay Singh for Air India in a preliminary bidding round, ......

Grapevine: FirstCry venture to hunt sellers on ecommerce marketplaces; upGrad to raise funds

General

29 April, 2021

Grapevine: FirstCry venture to hunt sellers on ecommerce marketplaces; upGrad to raise funds

Omnichannel children’s retailer FirstCry has received a $75 million commitment from Japan’s SoftBank, TPG, ChrysCapital...

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

General

27 April, 2021

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

Wellness Forever, an omnichannel retail pharmacy chain, is looking to raise up to Rs 1,200 crore in an initial public ......

Australia's AMP ends talks with Ares, opts for spin-off

General

23 April, 2021

Australia's AMP ends talks with Ares, opts for spin-off

Embattled Australian wealth manager AMP Ltd has ended protracted talks to sell its asset management arm's private markets...

Grapevine: Citi mulls selling credit card vertical; PEs eye stake in Strides Pharma

General

23 April, 2021

Grapevine: Citi mulls selling credit card vertical; PEs eye stake in Strides Pharma

Citibank is exploring the option of selling the credit card vertical of its Indian consumer banking business separately at a ......

Grapevine: Unacademy to raise funding; Mobile Premier League may turn unicorn

General

21 April, 2021

Grapevine: Unacademy to raise funding; Mobile Premier League may turn unicorn

Edtech unicorn Unacademy is looking to raise a fresh round of funding that will raise its valuation by almost half, ......

Grapevine: Tiger Global to invest in GoMechanic; SoftBank to lead Whatfix funding

General

20 April, 2021

Grapevine: Tiger Global to invest in GoMechanic; SoftBank to lead Whatfix funding

US-based Tiger Global Management is planning to invest up to $100 million (Rs 747 crore) in vehicle service and repair ......

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