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Munich Re's VC arm backs online insurer Acko in first India bet

TMT

16 September, 2020

Munich Re's VC arm backs online insurer Acko in first India bet

Insurance startup Acko Technology & Services Pvt Ltd said on Wednesday it has raised $60 million (Rs 441.4 crore). The...

Sensex, Nifty rise on trade-deal hopes; Reliance Industries jumps

Markets

23 July, 2020

Sensex, Nifty rise on trade-deal hopes; Reliance Industries jumps

Indian shares climbed on Thursday as signs of New Delhi and Washington getting closer to agreeing to a trade deal ......

Grapevine: M&M eyes PE cash for EV biz; Amazon, others circle Future Group logistics biz

General

19 June, 2020

Grapevine: M&M eyes PE cash for EV biz; Amazon, others circle Future Group logistics biz

Mahindra & Mahindra (M&M) is looking to attract private equity funding for its decade-old electric vehicle business, which...

Amazon-backed BankBazaar gets new investor in extended Series D round

TMT

02 June, 2020

Amazon-backed BankBazaar gets new investor in extended Series D round

A & A Dukaan Financial Services Pvt. Ltd, which operates online financial services marketplace BankBazaar, has raised Rs 45...

Grapevine: Munich Re to lead funding in Acko

General

02 June, 2020

Grapevine: Munich Re to lead funding in Acko

Munich Re Ventures is in the final stages of leading an up to $70 million financing round in Acko Technology ......

Grapevine: Biyani to sell more stake in Future Retail to Amazon

General

07 May, 2020

Grapevine: Biyani to sell more stake in Future Retail to Amazon

Private equity firm CVC Capital Partners is expected to buy a large stake in HealthCare Global Enterprises Ltd (HCG), which ......

Lending platform Capital Float bags fresh funding from existing investors

TMT

13 April, 2020

Lending platform Capital Float bags fresh funding from existing investors

Bengaluru-based digital lender Capital Float has raised $15 million (approximately Rs 114.33 crore at current exchange rates)...

Samara Capital ropes in FMCG veteran as MD of More Retail

Consumer

01 April, 2020

Samara Capital ropes in FMCG veteran as MD of More Retail

Private equity firm Samara Capital has appointed a former top executive at Colgate-Palmolive, Vinod Nambiar, as managing director...

Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund

General

20 March, 2020

Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund

Online grocery major Bigbasket is in talks to acquire micro-delivery startup Milkbasket and hyperlocal delivery startup DailyNinja,...

Explained: How anti-monopoly body CCI's guidelines may affect e-commerce sector

TMT

09 January, 2020

Explained: How anti-monopoly body CCI's guidelines may affect e-commerce sector

Foreign investors looking to pump money into online retailers in India may have to brace for new rules, as the ......

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