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Fashinza ropes in WestBridge Capital, Prosus as new investors to raise $100 mn; valn at $400 mn

Consumer

17 May

Fashinza ropes in WestBridge Capital, Prosus as new investors to raise $100 mn; valn at $400 mn

Business-to-business (B2B) marketplace, Fashinza has raised nearly $100 million (Rs 775 crore) in a mix of equity and debt in...

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TMT

17 May

Brace for more layoffs, recruiters say

The startup sector could let go of about 5,000 employees over the next couple of quarters as they face pressure ......

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Hospital investors line up over $2 bn in exits

Several private equity firms are preparing to exit hospital investments to capitalize on abatement of the pandemic and a rebound...

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TMT

13 May

Don't see anything concrete to invest in Web3 yet: Mumbai Angels Network

Investment platform Mumbai Angels Network is not seeing differentiating business models in companies focused around Web3, a top...

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Finance

13 May

Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma

Companies raised $2.04 billion in venture capital (VC) and private equity (PE) funding this week, over 3 times higher than ......

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People

13 May

AMP Capital India head quits, floats venture to manage infra investors

Sharat Goyal, the India head of AMP Capital, has left the global investment management firm to start his own venture ......

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TMT

12 May

Chargebee aims for greater India revenue ahead of IPO

Chargebee, a software-as-a-service (SaaS)-based subscription management unicorn, sees its dependence on North America and Europe...

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UltraTech bids for Holcim's India assets

UltraTech Cement Ltd, India’s largest cement maker, has submitted a non-binding bid for Holcim Ltd’s India assets...

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Finance

11 May

Kotak's investment arm to raise its new "strategic" fund by October

Kotak Investment Advisors Ltd (KIAL), the alternative investment arm of Kotak Group, is set to mark the first close of ......

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People

11 May

Aakash Chaudhry makes splash as angel investor, aims to build deep tech startup portfolio

Flush with cash from the sale of his company to Byju's last year, Aakash Educational Services' founder Aakash Chaudhry...