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Elevation Capital leads Series C investment in Country Delight

Consumer

23 November, 2020

Elevation Capital leads Series C investment in Country Delight

Milk producer and distributor Country Delight has raised $25 million (Rs 185 crore) in its Series C round of funding ......

Grapevine: Tatas in talks to acquire Bigbasket; DP World-Shreyas deal in trouble

General

28 October, 2020

Grapevine: Tatas in talks to acquire Bigbasket; DP World-Shreyas deal in trouble

The Tata Group is in active talks to acquire a controlling stake in online grocery platform Bigbasket, according to several ......

Grapevine: Tatas eye up to 20% of Bigbasket; Zomato raises funds from US-based Kora

General

15 October, 2020

Grapevine: Tatas eye up to 20% of Bigbasket; Zomato raises funds from US-based Kora

Tata Group is in talks to acquire up to 20% in e-grocer unicorn Bigbasket to bolster its digital arsenal and ......

Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds

General

29 September, 2020

Grapevine: Walmart eyes large stake in Tatas super app; Bigbasket to raise funds

Walmart Inc., majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super ......

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Venture debt firm Trifecta invests in student lender

Finance

07 September, 2020

Venture debt firm Trifecta invests in student lender

Venture debt provider Trifecta Capital has placed its latest bet on a lender that caters to students, a person privy ......

Paytm backer Alibaba puts India investment plans on hold amid China tensions

TMT

27 August, 2020

Paytm backer Alibaba puts India investment plans on hold amid China tensions

China’s Alibaba Group has put on hold plans to invest in Indian companies, two sources aware of the plans told ......

Amazon, BigBasket get approval for alcohol delivery in West Bengal

TMT

22 June, 2020

Amazon, BigBasket get approval for alcohol delivery in West Bengal

Amazon.com Inc has secured clearance to deliver alcohol in India's eastern state of West Bengal, according to a document seen ......

Flipkart to re-apply for food retail licence after govt rejects proposal

TMT

01 June, 2020

Flipkart to re-apply for food retail licence after govt rejects proposal

Walmart Inc's Indian e-commerce unit Flipkart said on Monday it would re-apply for a food retail license in India after ......

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Startup stress test: Which VC-backed ventures have the shortest capital runway?

TMT

28 May, 2020

Startup stress test: Which VC-backed ventures have the shortest capital runway?

A large number of technology startups in India have laid off employees and cut salaries over the past couple of ......

Grapevine: Alfanar Group to sell India power projects; BigBasket eyes $200 mn funding

General

26 May, 2020

Grapevine: Alfanar Group to sell India power projects; BigBasket eyes $200 mn funding

Saudi Arabia-based Alfanar Group has tasked JM Financial to look for a buyer for half of its 600 megawatts (MW) ......