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Abu Dhabi's Mubadala to invest $853 mn in RIL's retail unit

Consumer

01 October, 2020

Abu Dhabi's Mubadala to invest $853 mn in RIL's retail unit

Reliance Industries Ltd said Thursday Mubadala Investment Company will invest Rs 6,247.5 crore ($853 million) in Reliance Retail Ventures Ltd, ......

General Atlantic to invest almost $500 mn in Reliance's retail arm

Consumer

30 September, 2020

General Atlantic to invest almost $500 mn in Reliance's retail arm

General Atlantic has become the third US-based private equity investor, after KKR & Co. Inc and Silver Lake Partners, to ......

Silver Lake backs Byju's in second India bet this year

TMT

08 September, 2020

Silver Lake backs Byju's in second India bet this year

US-based private equity firm Silver Lake has led a new round of funding in education-technology company Byju’s, as investor interest ......

Unacademy gets SoftBank backing, joins unicorn league

TMT

02 September, 2020

Unacademy gets SoftBank backing, joins unicorn league

Unacademy has raised a whopping $150 million (Rs 1,094 crore) in a new funding round led by SoftBank, catapulting the ......

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Carlyle-backed PNB Housing taps another SBI veteran to be CEO

Finance

06 August, 2020

Carlyle-backed PNB Housing taps another SBI veteran to be CEO

PNB Housing Finance Ltd, which is part-owned by private equity firm Carlyle, has appointed a former head of SBI Cards ......

Sequoia, other ByteDance investors value TikTok at $50 bn in takeover bid

TMT

29 July, 2020

Sequoia, other ByteDance investors value TikTok at $50 bn in takeover bid

Some investors of TikTok’s parent company ByteDance seeking to take over the popular social media app are valuing it at ......

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

TMT

15 July, 2020

Google picks up 7.7% stake in Reliance's Jio for $4.5 bn

Reliance Industries Ltd said on Wednesday Alphabet Inc.’s Google will invest Rs 33,737 crore ($4.5 billion) in Jio Platforms Ltd, ......

Unacademy strikes third acquisition of 2020, buys majority stake in Mastree

TMT

15 July, 2020

Unacademy strikes third acquisition of 2020, buys majority stake in Mastree

Unacademy, the education-technology company backed by Facebook Inc., has struck its third reported acquisition of the year by picking up ......

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

TMT

13 July, 2020

Reliance's Jio gets $97 mn from Qualcomm Ventures for 5G push

Qualcomm Ventures has agreed to invest up to Rs 730 crore ($97 million) in Reliance Industries Ltd’s digital unit, Jio ......

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PE volumes touch new low in January-June as coronavirus worsens sentiment

Finance

07 July, 2020

PE volumes touch new low in January-June as coronavirus worsens sentiment

Private equity deal-making volumes in India fell sequentially further in the first half of 2020 to hit the lowest level ......