Softbank
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Alok Sama to step down from SoftBank; KKR, GIC to pare stake in HDFC
SoftBank Group International’s Alok Sama is stepping down from his position as the firm’s president and chief financial...
General
Zomato sets sights on Google-backed Dunzo; MT Educare seeks funding from Gaja, WestBridge
MT Educare Ltd is in initial talks with private equity firms Gaja Capital and WestBridge Capital Partners and venture capital...
TMT
Uber to acquire Middle East ride-hailing rival Careem in $3.1 bn deal
Global ride-hailing firm Uber Technologies Inc will spend $3.1 billion to acquire Middle East rival Careem, buying dominance in...
TMT
Binny Bansal, others invest $65 mn in digital insurance startup Acko
Mumbai-based online startup Acko General Insurance Co. Ltd has raised $65 million (Rs 452.3 crore) in a Series C round ......
TMT
SoftBank, Carlyle invest $395 mn as Delhivery joins unicorn club
Logistics-tech firm Delhivery Pvt. Ltd has become the newest member of India’s unicorn club after raising $395 million (around...
TMT
SoftBank and Carlyle get anti-trust nod to acquire stakes in Delhivery
The Competition Commission of India (CCI) has given the go-ahead to Japan's SoftBank Corp to acquire 22.44% stake in logistics...
TMT
OYO raises money from Didi Chuxing to close $1 bn funding round
Budget hospitality chain OYO has raised $100 million (Rs 709.4 crore at current exchange rate) from Chinese ride-hailing firm...
TMT
New US-based investors infuse fresh capital into Ola
ANI Technologies Pvt. Ltd, which operates cab-hailing app Ola, has raised Rs 112 crore ($15.6 million) from a clutch of ......
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SBI may convert some Jet debt into equity; OYO eyes co-working firm Innov8
Central government-owned State Bank of India is in negotiations to convert a part of its loans to cash-strapped Jet Airways ......
TMT
SoftBank invests $150 mn in FirstCry as part of larger round
Pune-based Brainbees Solutions Pvt. Ltd, which operates online-first baby products retailer FirstCry, has raised $149.36 million...
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