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Finance
Weekly Deals Wrap: Companies raise $986.4 mn this week; unicorns PharmEasy, Cred top chart
Companies raised $986.4 million in venture capital and private equity funding this week that saw two unicorns PharmEasy and Cred...
Finance
Blackstone reports a 3.9x MOIC for first Asia fund; collects $10 bn for two new Asia funds
Blackstone Group Inc. has reported a multiple on invested capital (MOIC) of 3.9x for its first Asia fund BCP Asia ......
TMT
Mumbai-based mobile wallet firm becomes second fintech to go insolvent
At a time when the fintech sector is flush with funds, and firms like Paytm, PhonePe and Mobikwik are in ......
TMT
India's edtech is poised to grow at a CAGR of 15% till 2030
With over 9,000 edtech startups, of which 750 have raised about $8.5 billion to date, India is the third-largest economy ......
TMT
Reliance Jio in talks to invest up to $250 mn in hyperlocal delivery startup Dunzo
Reliance Jio is in talks with hyperlocal delivery startup Dunzo to participate in the startup's latest fundraising round of...
TMT
Credit card bill payments platform Cred to buy HipBar, enter wallet pay
Cred, a credit card bill payments platform, is set to enter the wallet payments business by acquiring liquor delivery startup...
TMT
Furniture marketplace Pepperfry plans to file for IPO by next June
Furniture marketplace Pepperfry is planning to file for an initial public offering (IPO) in the first half of 2022 and ......
Finance
PE firm founded by former Goldman, GE Capital execs hits first close of second fund
Nepean Capital LLP, a public market-focused private equity fund floated by former executives of Goldman Sachs and GE Capital,...
TMT
Global University Systems buys online certification courses firm Edvancer
Amsterdam-based Global University Systems has acquired 100% stake in Indian education firm Edvancer Eduventures Ltd that offers...
Finance
Mumbai Angels Network plans to launch up to $200 mn angel fund
Mumbai Angels Network has initiated the process to launch an angel fund that seeks to raise Rs 1,000-1,500 crore (up ......
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