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Consumer
How mattress e-tailer Wakefit's founders tasted success after three failures
It isn’t usually easy for entrepreneurs to get investors to back their business ideas. It’s even harder if the entrepreneurs...
Manufacturing
Hedge fund Abakkus picks up stake in PE-backed engineering equipment maker
A hedge fund set up by a former top executive at Reliance Capital Ltd has bought a minority stake in ......
Consumer
Why VC-backed meat and fish e-tailer Licious is going offline
Online meat and fish ordering platform Licious, operated by Delightful Gourmet Pvt. Ltd, raised $50 million in its Series C ......
Finance
Fairfax sells half its stake in ICICI Lombard, earns modest returns
Canadian firm Fairfax Financial Holdings Ltd has sold half its stake in ICICI Lombard General Insurance Company Ltd, as it ......
Finance
Company watch: Warburg-backed CAMS hits headwinds as it weighs IPO
Computer Age Management Services Pvt. Ltd (CAMS), a back-end processor for mutual funds that counts Warburg Pincus as an investor,...
Finance
Omkara Assets Reconstruction gears up for a second round of equity capital
One year after its first round of equity capital infusion, Omkara Asset Reconstruction Pvt. Ltd is looking to go for ......
Healthcare
Modern Family Doctor founder buys back PE stake to gain control
The founder of Modern Family Doctor Pvt. Ltd, which runs a chain of primary healthcare clinics and pharmacies, has bought ......
Consumer
Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels
Gurugram-headquartered company SAMHI Hotels Ltd, which owns the largest number of hotels chains of Marriot, IHG and Hyatt in India,...
TMT
Online ticketing giant IRCTC seeks $721 mn valuation via IPO
State-run Indian Railway Catering and Tourism Corp. (IRCTC), which provides online ticketing service for the world’s fourth-biggest...
Consumer
Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump
Sunshine Teahouse Pvt. Ltd, which runs tea café chain Chaayos, has raised fresh capital at a higher valuation, a person...