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Grapevine: Barclays shuffles India team; Ex-Blackstone exec bets on drone startup

General

01 August, 2023

Grapevine: Barclays shuffles India team; Ex-Blackstone exec bets on drone startup

British bank Barclays Plc is reshuffling its India and Hong Kong teams after the departure of two senior executives, a ......

LenDenClub appoints new chief business officer

People

13 July, 2022

LenDenClub appoints new chief business officer

LenDenClub, a peer-to-peer (P2P) lending platform, has appointed Ashish Jain as its new chief business officer- investments, the company said ......

Flipkart raises fresh funds for $37.6 bn valuation ahead of IPO

TMT

12 July, 2021

Flipkart raises fresh funds for $37.6 bn valuation ahead of IPO

Ecommerce marketplace Flipkart has raised a $3.6 billion (about Rs 26,842 crore) funding round from a bunch of global investors ......

Meet the Kudvas, the power couple in SEBI's firing line for unfair trade practices

Finance

09 June, 2021

Meet the Kudvas, the power couple in SEBI's firing line for unfair trade practices

When Omidyar India chief Roopa Kudva was an independent director on the Infosys board back in 2017, she came under ......

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Risk pricing has been appropriate over last 18 months: o3 Capital credit chief

Finance

11 May, 2020

Risk pricing has been appropriate over last 18 months: o3 Capital credit chief

With Franklin Templeton winding down six of its debt schemes and BOI AXA Mutual Fund marking down various debt securities, ......

Mark Mobius-backed Equanimity Ventures invests in online parenting platform BabyChakra

TMT

10 September, 2018

Mark Mobius-backed Equanimity Ventures invests in online parenting platform BabyChakra

BabyChakra, an online portal which connects parents to services and products for babies, has raised an undisclosed amount of funding ......

Franklin Templeton eyes up to $100M in second India-focused PE fund

General

03 April, 2014

Franklin Templeton eyes up to $100M in second India-focused PE fund

Franklin Templeton Private Equity Strategy (FTPES), the PE arm of global financial services firm Franklin Templeton, is eying its second ......

OnMobile exits incubatee Ver Se with 14x returns; Q3 revenues up 4.3%, PAT up 15.7%

TMT

04 February, 2013

OnMobile exits incubatee Ver Se with 14x returns; Q3 revenues up 4.3%, PAT up 15.7%

Bangalore-based VAS company OnMobile Global Ltd’s consolidated revenues for the quarter ended Dec 31 increased by a modest 4.3 per ......

Kimaya Fashions aims to have 3-4% of every woman's wardrobe, says founder Pradeep Hirani

Others

01 October, 2012

Kimaya Fashions aims to have 3-4% of every woman's wardrobe, says founder Pradeep Hirani

Kimaya Fashion completes a decade in business this year. The Mumbai-based firm is a retail aggregator of fashion designer wear, ......

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ChrysCap sells over 9% stake in Balkrishna Industries for $38M

Manufacturing

28 June, 2012

ChrysCap sells over 9% stake in Balkrishna Industries for $38M

Private equity firm ChrysCapital has sold off most of its 9.59 per cent stake in the public-listed Balkrishna Industries Ltd, ......