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Grapevine: KKR explores exit from Avendus; Flipkart eyes Dunzo

General

21 February, 2024

Grapevine: KKR explores exit from Avendus; Flipkart eyes Dunzo

US private equity firm KKR is considering an exit from Avendus Capital, a leading Indian financial services firm, more than ......

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Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out

General

11 December, 2023

Grapevine: KKR-controlled JB Chemicals eyes M&A; Lightrock partner on way out

Mumbai-based JB Chemicals & Pharmaceuticals Ltd, which is majority-owned by private equity firm KKR, is looking to acquire the Indian ......

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Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

General

04 October, 2023

Grapevine: ICICI Venture, Ranjan Pai tap consumer bets; Vedanta raises debt

ICICI Venture, the alternative investment arm of ICICI Bank, is in discussions to invest in a New Delhi-based ethnic wear ......

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Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

General

21 August, 2023

Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family investment offices ......

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Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits

Finance

13 March, 2023

Rebel Foods, Dunzo backer Lightbox pushes new fund launch as focus shifts to exits

Lightbox, the backer of startups such as Rebel Foods, Dunzo and Paymate, aims to go slow on launching its fourth ......

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The rise and rise of quick commerce, but where's the profitability?

Finance

15 February, 2023

The rise and rise of quick commerce, but where's the profitability?

Addicted to laziness. That’s how Vidhi Maheshwari describes herself. It’s easy to see why. Recently, the digital media professional from ......

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LeadSquared to go inorganic with expansion in sight

TMT

22 August, 2022

LeadSquared to go inorganic with expansion in sight

LeadSquared, a marketing and sales automation software-as-a-service (SaaS) platform, is eyeing inorganic opportunities to expand its domestic and overseas operations, ......

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BigBasket's hustle for buoyancy in a rapidly evolving quick commerce scenario

Consumer

26 July, 2022

BigBasket's hustle for buoyancy in a rapidly evolving quick commerce scenario

Aneesha Mathur started using the online grocery app BigBasket after she moved from Gurugram to Bengaluru in July 2021. That’s ......

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Blume Ventures set to hit final close for fourth fund

TMT

18 July, 2022

Blume Ventures set to hit final close for fourth fund

Blume Ventures, an investor in unicorns like Unacademy and Purplle, is targeting the final close of its fourth fund at ......

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Reliance Retail likely to pick up majority stake in women footwear brand

Consumer

17 May, 2022

Reliance Retail likely to pick up majority stake in women footwear brand

The retail arm of Reliance Industries is in advanced stages of discussion to pick up a controlling stake in a ......