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BharatPe

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Beenext's Asia fund gets LP-style commitment from Saudi investor

Finance

28 February, 2024

Beenext's Asia fund gets LP-style commitment from Saudi investor

Beenext, an early-stage venture capital firm that backs startups in India and South East Asia, has secured a limited partner-style ......

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Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

General

19 January, 2024

Grapevine: Sony, Zee to hold board meet for India merger; Nobel Hygiene looking to sell stake

Sony Group is set to convene a board meeting on Friday to deliberate on the $10-billion merger of its India ......

Grapevine: Bain taps Dr Reddy's for Cipla bid; BharatPe seeks funding

General

05 September, 2023

Grapevine: Bain taps Dr Reddy's for Cipla bid; BharatPe seeks funding

US-based private equity firm Bain Capital has reached out to drugmaker Dr Reddy’s Laboratories for a joint bid to buy the promoter the Hamied ......

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Former BharatPe executive rolls out early-stage VC fund

People

03 August, 2023

Former BharatPe executive rolls out early-stage VC fund

Pratekk Agarwaal, former chief business officer at fintech major BharatPe, has floated a new venture capital to strike early-stage investments ......

Hitachi Payments takes over Writer Corp's cash management biz

Finance

26 July, 2023

Hitachi Payments takes over Writer Corp's cash management biz

Integrated payment solutions provider Hitachi Payment Services on Wednesday said it has entered into a pact to acquire the cash ......

FIR against Ashneer Grover, family for defrauding BharatPe

People

11 May, 2023

FIR against Ashneer Grover, family for defrauding BharatPe

The Economic Offences Wing (EOW) on Wednesday registered an FIR (first information report) against former BharatPe managing director Ashneer Grover, ......

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Deals Digest: Transaction value jumps as Serentica, BluSmart score big cheques

TMT

05 May, 2023

Deals Digest: Transaction value jumps as Serentica, BluSmart score big cheques

The total value of private equity and venture capital deals in India grew almost four-fold this week from the previous ......

BharatPe picks up 51% stake in Trillion Loans

TMT

02 May, 2023

BharatPe picks up 51% stake in Trillion Loans

Sequoia and Tiger Global-backed fintech unicorn BharatPe has completed its acquisition of 51% stake in Mumbai-based non-bank lender Trillion Loans. ......

Grapevine: Blackstone to sell stake in IBS; Former Godrej Properties CEO's new venture

General

13 April, 2023

Grapevine: Blackstone to sell stake in IBS; Former Godrej Properties CEO's new venture

Private equity groups Apax Partners, CVC Capital and Thomas H. Lee Partners (TH Lee) are vying to acquire a minority ......

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Check out India's top cash-guzzling startups

TMT

04 April, 2023

Check out India's top cash-guzzling startups

India’s top technology startups spent billions of dollars raised from alternative investment firms in the year through March 2022 in ......