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Apax Partners strengthens India tech portfolio with first bet in over a year

TMT

05 August, 2024

Apax Partners strengthens India tech portfolio with first bet in over a year

Apax Partners, a global investment firm focused on the technology, internet, and healthcare sectors, has locked its ......

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Bottomline: PE-backed Indifi's AUM rises but asset quality worries weigh

TMT

05 August, 2024

Bottomline: PE-backed Indifi's AUM rises but asset quality worries weigh

Fintech lender Indifi, which counts private equity firm ICICI Venture and venture capital firm Accel as investors, grew ......

Infibeam acquires Rediff; Bebe Burp raises pre-Series A funding

Consumer

02 August, 2024

Infibeam acquires Rediff; Bebe Burp raises pre-Series A funding

Listed payments infra and SaaS company Infibeam Avenues has acquired a 54.10% stake in online information portal Rediff ......

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MENA Digest: Egyptian startups lead funding rounds this week

TMT

02 August, 2024

MENA Digest: Egyptian startups lead funding rounds this week

Egyptian startups propelled dealmaking activity in the Middle East and North Africa (MENA) region this week, with at ......

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Bottomline: India1 Payments shrugs UPI competition worries as FY24 revenue, profit grow

Finance

02 August, 2024

Bottomline: India1 Payments shrugs UPI competition worries as FY24 revenue, profit grow

ICICI Venture-backed India1 Payments Ltd (erstwhile BTI Payments Pvt Ltd), a leader in the white-label ATM space, ......

Appeals tribunal quashes Byju's insolvency despite challenge from lenders

TMT

02 August, 2024

Appeals tribunal quashes Byju's insolvency despite challenge from lenders

U.S.-based Glas Trust is asking anĀ Indian court to not quash insolvency proceedings for ed-tech giant Byju's as ......

SoftBank-backed Ola Electric's IPO attracts $2 bn of bids from big institutions

TMT

02 August, 2024

SoftBank-backed Ola Electric's IPO attracts $2 bn of bids from big institutions

Ola Electric's IPO drew bids worth over $2 billion from institutions ahead of its opening for retail investors, with......

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SoftBank set for benchmark returns busting exit with its smallest India bet

TMT

01 August, 2024

SoftBank set for benchmark returns busting exit with its smallest India bet

Japanese technology investment goliath SoftBank, which has been on an exit spree from over half a dozen venture capital ......

Mela Ventures, Speciale Invest, IPV back separate tech startups with early-stage funds

TMT

01 August, 2024

Mela Ventures, Speciale Invest, IPV back separate tech startups with early-stage funds

Spacetech startup GalaxEye Space, AI quantum startup Bloq Quantum and deeptech life growth platform Acculi Labs bag ......

Zomato posts higher Q1 net profit as grocery delivery business shines

TMT

01 August, 2024

Zomato posts higher Q1 net profit as grocery delivery business shines

India's Zomato reported a bigger-than-expected increase in quarterly profit on Thursday, boosted by strong demand ......

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