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Temasek to pick up minority stake in Alibaba-backed edtech firm

TMT

18 February, 2021

Temasek to pick up minority stake in Alibaba-backed edtech firm

Singapore state investment firm Temasek Holdings is set to invest $30 million in online tutorial platform Lido Learning, possibly...

Shiprocket raises extended Series C round led by Tribe Capital, March Capital

TMT

18 February, 2021

Shiprocket raises extended Series C round led by Tribe Capital, March Capital

BigFoot Retail Solutions, which operates ecommerce focussed logistics technology firm Shiprocket, has raised $27 million (Rs 200...

VA Tech Wabag raises funding from IFC, Tata Cleantech, Eversource Capital

Finance

18 February, 2021

VA Tech Wabag raises funding from IFC, Tata Cleantech, Eversource Capital

VA Tech Wabag Ltd, a water-technology company, has raised debt and equity funding from International Finance Corporation (IFC),...

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Warburg books early returns from partial stake sale in Airtel DTH arm

TMT

17 February, 2021

Warburg books early returns from partial stake sale in Airtel DTH arm

Warburg Pincus is sitting on below-benchmark returns going by the latest deal for a quick partial exit from Bharti Airtel's...

Gibraltar Technologies acquires HCL arm for Rs 147 crore

TMT

17 February, 2021

Gibraltar Technologies acquires HCL arm for Rs 147 crore

Dubai, UAE headquartered information technology (IT) solutions provider Gibraltar Technologies has bought HCL Infotech, which...

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Early-stage investor YourNest set to launch third fund

TMT

17 February, 2021

Early-stage investor YourNest set to launch third fund

Early-stage investor YourNest Venture Capital is set to launch its third fund which could be more than double the size ......

Amazon deployed secret strategy to dodge regulators, documents show

TMT

17 February, 2021

Amazon deployed secret strategy to dodge regulators, documents show

Amazon has for years given preferential treatment to a small group of sellers on its India platform, publicly misrepresented its...

Venture Highway leads funding in tech-backed kirana chain Express Stores

TMT

17 February, 2021

Venture Highway leads funding in tech-backed kirana chain Express Stores

Express Stores, a technology-backed omni-channel branded kirana store chain, has raised Rs 8 crore (nearly $1.1 million) in a...

Cross border neobank Zolve secures $15 mn in seed round led by Accel, Lightspeed

TMT

17 February, 2021

Cross border neobank Zolve secures $15 mn in seed round led by Accel, Lightspeed

Zolve Innovations, which operates a neobank that aims to ease access to financial services for users travelling from India to...

GMM Pfaudler completes acquisition of majority stake in parent from German PE

TMT

17 February, 2021

GMM Pfaudler completes acquisition of majority stake in parent from German PE

GMM Pfaudler, the Indian unit of US-based Pfaudler Inc, today announced that it has completed the transaction to acquire a ......

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