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Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

General

03 September, 2019

Grapevine: Modern Foods buys 75% of Supreme Baker; Naspers may back ElasticRun

Everstone Capital-backed Modern Foods has acquired a 75% stake in Delhi-based Supreme Baker India Pvt. Ltd, two people aware of...

Grapevine: SoftBank, others may invest in Dream11; Flipkart to invest in Shadowfax

General

30 August, 2019

Grapevine: SoftBank, others may invest in Dream11; Flipkart to invest in Shadowfax

SoftBank Vision Fund, Naspers Ventures and Tiger Global Management are looking to invest up to $500 million (about Rs 3,586 ......

Grapevine: Fotowatio seeks new buyer for India solar business

General

29 August, 2019

Grapevine: Fotowatio seeks new buyer for India solar business

JM Financial Private Equity will buy a significant minority stake in nutraceutical firm Innovcare Lifesciences Pvt. Ltd for an...

Grapevine: Tiger to back MyGate, Infra.Market, UrbanPiper; TPG eyes Café Coffee Day

General

28 August, 2019

Grapevine: Tiger to back MyGate, Infra.Market, UrbanPiper; TPG eyes Café Coffee Day

New York-based Tiger Global Management is in advanced talks to invest in three new startups, which would take the total ......

Grapevine: SoftBank to invest in Lenskart, Dailyhunt; Colombia carrier parent eyes Jet

General

26 August, 2019

Grapevine: SoftBank to invest in Lenskart, Dailyhunt; Colombia carrier parent eyes Jet

SoftBank is in advanced discussions to close two investments — a $400 million (about Rs 2,881 crore at current exchange...

Grapevine: Glenmark may sell API biz stake to Premji; PE firms circle Reliance Group's HQ

General

23 August, 2019

Grapevine: Glenmark may sell API biz stake to Premji; PE firms circle Reliance Group's HQ

Glenmark Pharma is seeking to sell up to 30% stake in Glenmark Life Sciences to PremjiInvest, the family office of ......

Grapevine: Temasek, TrueNorth, CPPIB eye Biocon unit stake; PayU may buy PaySense

General

21 August, 2019

Grapevine: Temasek, TrueNorth, CPPIB eye Biocon unit stake; PayU may buy PaySense

Singapore state investor Temasek, private equity firm TrueNorth, and Canadian Pension Plan Investment Board (CPPIB) are in separate...

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

General

20 August, 2019

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

Dewan Housing Finance Corp. Ltd (DHFL)’s parent Wadhawan Global Capital (WGC) is selling its loan distribution business...

Grapevine: SoftBank may invest in Snapdeal; Everstone, ChrysCapital eye US firm

General

19 August, 2019

Grapevine: SoftBank may invest in Snapdeal; Everstone, ChrysCapital eye US firm

Homegrown private equity firms Everstone and ChrysCapital are among the entities holding separate talks for a controlling stake...

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Why venture debt firms are writing more and bigger cheques

General

16 August, 2019

Why venture debt firms are writing more and bigger cheques

India’s nascent venture debt market has seen a spurt of action in recent months as investors beef up their war ......

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