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Grapevine: Mizuho, NBD Emirates eye Avendus; Zepto turns to PEs after Flipkart stalemate

General

19 April, 2024

Grapevine: Mizuho, NBD Emirates eye Avendus; Zepto turns to PEs after Flipkart stalemate

Japan’s Mizuho Bank and Dubai’s NBD Emirates are in advanced talks to acquire KKR’s stake in Avendus Capital, with bids expected in 2-3 weeks, a ......

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Grapevine: Dunzo seeks more funding; Delhivery may enter new vertical

General

18 July, 2023

Grapevine: Dunzo seeks more funding; Delhivery may enter new vertical

Hyperlocal delivery startup Dunzo Digital Pvt Ltd, backed by the likes of Reliance Retail Ventures and Google, is looking to raise more funding ......

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Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Finance

22 February, 2023

Sequoia-backed fintech ProgCap adding another lending layer; hits breakeven

Digital lending platform ProgCap, which counts among its backers Sequoia Capital, Tiger Global and Google and has been operating a ......

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Google-backed Adda247 gears up for inorganic push

TMT

20 January, 2023

Google-backed Adda247 gears up for inorganic push

Google-backed government job preparation platform, Adda247 will spend $20 million (Rs 162.2 crore) for acquisitions in the coming year. The ......

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Deals Digest: Companies raise $632 mn this week; ShareChat parent valued at $5 bn after closing $520 mn round

TMT

17 June, 2022

Deals Digest: Companies raise $632 mn this week; ShareChat parent valued at $5 bn after closing $520 mn round

Companies raised $632 million in venture capital (VC) and private equity (PE) funding this week, lower than last week’s $785 ......

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Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

Finance

10 September, 2021

Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......

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Tata Digital in talks to pick up majority stake in VC-backed delivery platform

TMT

08 June, 2021

Tata Digital in talks to pick up majority stake in VC-backed delivery platform

Tata Digital, on an acquisition spree of late, is in early discussions to snap up another heavily funded startup, at ......

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Beenext backs seed stage startup founded by former Google employee

TMT

13 January, 2021

Beenext backs seed stage startup founded by former Google employee

Singapore-based venture capital firm Beenext has invested in a Bengaluru-headquartered startup that helps companies to create customised search engines for ......

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Dealmaking in 2020: Reliance, Reliance and Reliance (and a few others)

Finance

16 December, 2020

Dealmaking in 2020: Reliance, Reliance and Reliance (and a few others)

It’s a year we would like to forget. But we won’t. Mukesh Ambani won’t either. But for entirely different reasons. This ......

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RIL is on a shopping spree but how does its M&A report card look like?

Consumer

31 August, 2020

RIL is on a shopping spree but how does its M&A report card look like?

For almost three decades after Reliance Industries Ltd went public in 1977, the Ambanis largely built their business organically—barring a ......