FirstCry
General
Grapevine: FirstCry co-founder faces tax probe; Piramal to invest in PE, VC funds
The income tax department is investigating an alleged tax evasion by FirstCry co-founder Supam Maheshwari, a media report said. The department has sent notices ......
Consumer
Softbank offloads minor stake in FirstCry ahead of IPO
Japan’s SoftBank, a big-ticket private equity investor in India, has sold shares of Brainbees Solutions Pvt. Ltd, which operates kids-focussed ......
General
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 ......
General
Grapevine: Blackstone in race for hospital chain; Ranjan Pai eyes e-commerce bet
Private equity major Blackstone, which is stitching a rare healthcare services deal in India, is in the fray to snap up another hospital chain, a media report said. Blackstone is seeking ......
Consumer
Exclusive: ChrysCap eyes second consumer sector investment in less than a week
Less than a week after homegrown private equity firm ChrysCapital invested $100 million in direct-to-consumer (D2C) eyewear unicorn Lenskart in ......
General
Grapevine: KKR buys road asset; SoftBank looks to pare stake in FirstCry
Private equity firm KKR has signed agreements to acquire a toll road from Hyderabad-based Navayuga group, a media report said. The ......
TMT
‘Chiratae Ventures to bet on startups with potential to grow globally'
Chiratae Ventures India, an early backer of Lenskart, Myntra and FirstCry, aims to focus on deeptech startups and which have ......
Consumer
Mahindra Retail to sell partial stake in FirstCry parent's IPO
Mahindra & Mahindra Ltd’s subsidiary Mahindra Retail will divest around 2% of its shareholding in BrainBees Solutions Pvt Ltd (BrainBees), ......
TMT
Elevation Capital raises $670 mn for fifth India-focussed fund
Venture capital and growth-equity investment firm Elevation Capital(formerly SAIF Partners) has raised $670 million (Rs 5,080 crore) for its fifth ......
Finance
Deals Digest: Companies raise $670 mn this week, Tiger Global leads funding in 3 firms
Companies raised $670 million in venture capital (VC) and private equity (PE) funding this week primarily helped by three technology ......
