investment
TMT
India jumps to third spot in terms of global tech VC investments in 2021, says report
The technology-focussed global venture capital (VC) investment has grown three times over between 2020 and 2021, with Bengaluru...
Consumer
TPG's investment in Campus Activewear grows over six-fold within four years
Private equity firm TPG Capital’s mid-market buyout arm TPG Growth is poised to rake in stellar returns from its investment...
Manufacturing
Malabar India Fund to invest $17 mn in Xpro India, a Birla group firm
Xpro India Ltd has entered into a securities subscription agreement with Malabar India Fund limited, a hedge fund run by...
Finance
Kotak Securities picks up minority stake in fintech firm FlipItNews
Entroq Technologies Pvt Ltd, which owns and operates the brand FlipItNews, has raised Rs 3 crore in an equity round ......
Consumer
ICICI Venture makes 6-fold gain on part exit from Go Fashion India
India Advantage Fund (IAF), managed by ICICI Venture, has made another part-exit from its recently-listed portfolio company,...
Finance
Convergent Finance exits SeQuent Scientific with 2.2X returns
Convergent Finance, a private equity firm floated by former Fairfax India executive Harsha Raghavan, has completely exited its...
Infrastructure
IKEA malls business to invest around $1.2 billion in India - executive
The malls division of Swedish furniture giant IKEA will invest around 90 billion Indian rupees ($1.19 billion) in two centres...
Markets
Qualcomm Ventures, PhonePe, reward Mapmyindia co-founder with discounted shares ahead of IPO
Qualcomm Ventures, Flipkart unit PhonePe, and Japanese mapmaker Zenrin, have sold a portion of their shares in Mapmyindia to a...
Finance
India's law enforcement agency summons Amazon, Future Group officials over 2019 deal
India's economic crime-fighting agency summoned officials of Amazon.com Inc and its warring partner Future Group in a case...
Consumer
Zomato shelves consumer e-grocery plans; relies on investment in Grofers
Food delivery major, Zomato Ltd., said on Sunday it has shelved plans to operate in the consumer grocery delivery segment ......
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