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Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

General

27 February, 2024

Grapevine: Vodafone Idea explores equity raise; Cult.fit raises fresh capital

Vodafone Idea is considering an equity raise from new investors, potentially diluting stakes of existing shareholders such as Vodafone Group ......

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Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan

General

25 January, 2024

Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan

Edelweiss Alternatives has raised over Rs 8,000 crore (almost $1 billion) for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield ......

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Deals Digest: Momentum slows even further than last week's lows

General

05 January, 2024

Deals Digest: Momentum slows even further than last week's lows

Private equity and venture capital deal flow started 2024 on a snail-like pace as momentum in terms of value remained ......

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Cult.fit takes full control of American fitness chain's India business

Consumer

02 January, 2024

Cult.fit takes full control of American fitness chain's India business

Tata Digital-backed health and fitness platform Cult.fit has completed the acquisition of remaining stake it didn’t already own, in a ......

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Cult.fit's fitness services business turns cash-flow positive, eyes 50% growth in FY24

TMT

16 November, 2023

Cult.fit's fitness services business turns cash-flow positive, eyes 50% growth in FY24

Tata Digital-backed health and wellness platform Cult.fit’s fitness services business, under which it operates its own gym centres and runs ......