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Exclusive: ARC emerges as front runner to take over debt-ridden Aircel

TMT

01 March, 2019

Exclusive: ARC emerges as front runner to take over debt-ridden Aircel

An asset reconstruction company is on track to take over debt-laden telecom firm Aircel, a person familiar with the development...

IFC plans to invest in online pharmacy 1mg's $70-mn round

TMT

01 March, 2019

IFC plans to invest in online pharmacy 1mg's $70-mn round

The International Finance Corporation (IFC), the private-sector investment arm of the World Bank, plans to invest an undisclosed...

Naspers-backed Delivery Hero leads Zomato's new funding round

TMT

28 February, 2019

Naspers-backed Delivery Hero leads Zomato's new funding round

Online restaurant discovery and food delivery platform Zomato is raising around $62.25 million (Rs 440.86 crore) in a fresh funding...

SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery

TMT

28 February, 2019

SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery

The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics...

Xseed Partners, others back ed-tech startup Bulbul

TMT

27 February, 2019

Xseed Partners, others back ed-tech startup Bulbul

Xseed Partners, others back pre-schooler ed-tech firm Bulbul Hyderabad- and US-based Bulbul Inc., which develops learning apps...

Wipro to sell two cloud businesses to Alight for $110 mn

TMT

27 February, 2019

Wipro to sell two cloud businesses to Alight for $110 mn

Wipro Ltd, India's third-largest software services exporter, has agreed to sell two of its cloud-based businesses to US-based...

Astarc Ventures invests in former Milestone Capital exec's startup

TMT

27 February, 2019

Astarc Ventures invests in former Milestone Capital exec's startup

HomeCapital, a fintech startup which helps first-time home buyers make down payments, has raised an undisclosed amount in a pre-Series...

Visa leads funding round in online payment solutions firm BillDesk

TMT

26 February, 2019

Visa leads funding round in online payment solutions firm BillDesk

Mumbai-based IndiaIdeas.com Ltd, which operates online payment solutions firm BillDesk, has raised $84.85 million (Rs 602.6 crore...

HomeLane secures bridge capital from JSW Ventures, Accel and Sequoia

TMT

26 February, 2019

HomeLane secures bridge capital from JSW Ventures, Accel and Sequoia

Interior design solutions marketplace HomeLane has raised Rs 33 crore ($4.6 million at current exchange rates) in a bridge round...

IDFC Parampara backs cybersecurity firm CloudSEK

TMT

26 February, 2019

IDFC Parampara backs cybersecurity firm CloudSEK

CloudSEK Info Security Pvt. Ltd, which develops software-as-a-service (SaaS) information security risk management solutions, said...

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