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Grapevine: Udaan in talks to sell NBFC stake; NIIF weighs IntelliSmart exit
B2B e-commerce platform Udaan has begun talks to sell a minority stake in its non-banking finance unit, Hiveloop Capital Pvt ......
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Grapevine: Macquarie, SoftBank, InMobi, Manipal Hospitals in news
Macquarie Asset Management is set to buy a significant minority stake in Maple Infrastructure Trust while advertising technology company InMobi ......
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Grapevine: Torrent Gas hires IPO bankers; Ambak, Chhota Bheem creator seek funding
Torrent Gas, the city gas distribution arm of Torrent Group, has appointed Axis Bank, Kotak Mahindra Capital, and Citigroup’s local ......
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Grapevine: Temasek, Jungle Ventures, Inflexor Fund, Carlyle Group, others in news
Consumer appliances maker Atomberg has secured fresh funding, while drone technology startup Garuda Aerospace converted into a public company, signaling ......
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SucSEED, Silverneedle founders team up to form new VC fund
A former general partner and co-founder of one of the funds operated by Hyderabad-based angel network platform SucSEED Ventures has ......
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Grapevine: Temasek, EQT, TPG, Quest Global, Limelight, ASG Hospital, others in news
Private-equity firm Temasek is in advanced talks to acquire a stake in engineering services company Quest Global, while pharmaceutical major ......
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Grapevine: Kauvery promoters plan stake buyback; Wakefit raising pre-IPO round
The promoters of Kauvery Hospitals are in advanced talks to buy back about a 5% stake from Lightrock, a London-headquartered ......
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Grapevine: Magenta Mobility, Neo, FarMart raising fresh funding
Electric vehicle-focused logistics startup Magenta Mobility has kicked off its next round of fundraise while wealth management platform Neo has ......
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Grapevine: Evonith Steel, Ayekart, Lush, Wipro Consumer Care Ventures in news
Maharashtra-based flat steel producer Evonith Steel plans to raise fresh capital from private equity investors ahead of its proposed initial ......
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Grapevine: ICICI Prudential AMC, TPG, Warburg, Adani Green Energy, others in news
UK-based insurer Prudential Plc is in talks to dilute its stake in ICICI Prudential AMC via a pre-IPO share placement, ......