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How mattress e-tailer Wakefit's founders tasted success after three failures

Consumer

27 September

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...

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Hedge fund Abakkus picks up stake in PE-backed engineering equipment maker

Manufacturing

27 September

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 ......

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Why VC-backed meat and fish e-tailer Licious is going offline

Consumer

27 September

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 ......

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Fairfax sells half its stake in ICICI Lombard, earns modest returns

Finance

26 September

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 ......

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Company watch: Warburg-backed CAMS hits headwinds as it weighs IPO

Finance

26 September

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,...

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Omkara Assets Reconstruction gears up for a second round of equity capital

Finance

26 September

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 ......

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Modern Family Doctor founder buys back PE stake to gain control

Healthcare

26 September

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 ......

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Sam Zell's Equity International, others to sell stake in India operator of Marriott, Hyatt hotels

Consumer

25 September

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,...

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Online ticketing giant IRCTC seeks $721 mn valuation via IPO

TMT

25 September

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...

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Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Consumer

25 September

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...