Alibaba Group
TMT
Mirae Asset leads $150-mn investment round in BigBasket
SuperMarket Grocery Supplies Pvt. Ltd, which owns online grocer BigBasket, is raising $150 million (about Rs 1,040 crore) in a ......
General
Zomato looks to sell UAE biz; Multiples PE, ICICI Venture eye Torrent brands
Online food delivery and restaurant discovery company Zomato Media Pvt. Ltd is seeking to sell its business unit in the ......
General
ArcelorMittal sweetens offer for Essar Steel; SoftBank eyes stake in FirstCry
ArcelorMittal, the world's largest steelmaker, has increased its offer to acquire debt-laden Essar Steel Ltd, media reports said on Wednesday. The ......
TMT
Alibaba's payment affiliate invests $210 mn more in Zomato
Online restaurant discovery and food delivery company Zomato Media Pvt. Ltd is raising $210 million (Rs 1,500 crore) from Chinese ......
Finance
In Charts: Singapore surpasses Mauritius for FDI inflows into India
Singapore has trumped Mauritius as the most favoured route for foreign direct investment (FDI) into India for three quarters in ......
People
Alibaba CEO Daniel Zhang to replace Jack Ma as chairman in 2019
Jack Ma, the charismatic co-founder of China’s largest e-commerce firm Alibaba Group Holding Ltd, will step down as chairman in ......
Infrastructure
Samara Capital, Ajay Relan's Xponentia acquire Spoton Logistics
A consortium of investors led by mid-market private equity firm Samara Capital has bought Spoton Logistics Pvt. Ltd from its ......
TMT
Paytm acquires Rainmatter-backed fintech startup Balance
One97 Communications Ltd has acquired the operator of fintech application Balance, as the parent of digital payments company Paytm looks ......
Finance
China's Ganesh Ventures gets investment from Jack Ma-backed fund for India foray
Chinese venture capital firm Ganesh Ventures has floated a fund to invest in Indian startups and has received the backing ......
TMT
Paytm to buy LetsVenture-backed hotel booking startup NightStay
SoftBank- and Alibaba-backed digital payments and e-commerce firm Paytm is all set to acquire NightStay Travels Pvt. Ltd, a Delhi ......
