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BharatPe's losses narrow as revenue rises, cash burn drops

TMT

16 October, 2024

BharatPe's losses narrow as revenue rises, cash burn drops

Fintech unicorn BharatPe's consolidated loss before tax narrowed to Rs 474 crore in the financial year ended 2024 from Rs ......

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Grapevine: Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments

General

21 May, 2024

Grapevine: Haldiram promoters resist PE offers; Stripe may buy stake in SBI Payments

Promoters of Haldiram Snacks Foods are reluctant to sell their stakes to private equity (PE) firms and have dismissed reports ......

Former BharatPe COO's venture capital firm rolls out maiden fund

Finance

02 May, 2024

Former BharatPe COO's venture capital firm rolls out maiden fund

Dhruv Dhanraj Bahl, former chief operating officer of fintech unicorn BharatPe, has set up a venture capital firm and floated ......

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Former BharatPe CEO Suhail Sameer floats VC fund

Finance

23 April, 2024

Former BharatPe CEO Suhail Sameer floats VC fund

Suhail Sameer, former chief executive of fintech unicorn BharatPe, has launched his maiden venture capital fund along with entrepreneurs Kunal ......

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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, ......