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Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

TMT

09 May

Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

An Ola investor, which had slashed its estimate of the ride-hailing company’s valuation by more than half over a 15-......

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Finance

09 May

Exclusive: Carlyle tops up bet on Indian firm with over $100-mn cheque

Global private equity firm Carlyle Group has made an additional investment of over $100 million in an Indian company ......

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TMT

09 May

Eruditus' Damera on scrapping $350 mn funding, breaking even and more

The past few months have seen edtech companies shift focus towards profitability, rationalization of spending, slowing ......

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General

09 May

Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

Allianz Real Estate and Shapoorji Pallonji Group, which had bought Hyderabad office complex WaveRock for $250 million in......

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Finance

09 May

Avendus ropes in Citigroup exec to lead healthcare banking biz

Financial services firm Avendus on Tuesday said it has appointed Anshul Gupta as managing director and head of its ......

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TMT

09 May

Decoding Infinity Learn's M&A thesis after three edtech acquisitions

Infinity Learn, part of the Hyderabad-based group Sri Chaitanya Educational Institutions, is looking to acquire ......

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TMT

08 May

Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......

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TPG set for multi-bagger exit from manufacturing firm

TPG Capital, which counts companies such as Dream11, FirstCry, BookMyShow, Manipal Hospitals and Reliance Retail in its ......

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General

08 May

Exclusive: NIIF plans second fund-of-funds to raise nearly $1 bn

The Indian government-backed alternative investor National Investment and Infrastructure Fund Ltd (NIIF) is in initial ......

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TMT

08 May

Spotlight: How funding delay, legal woes and layoffs are hampering UpScalio's growth story

Sooner or later, every business faces a day of reckoning. For many consumer-focused startups, that day is now coming ......