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Turtlemint aims to achieve profitability in 18-24 months before IPO: Co-founder

TMT

02 May, 2022

Turtlemint aims to achieve profitability in 18-24 months before IPO: Co-founder

Last week, Turtlemint Insurance Services Pvt Ltd, which runs insurtech platform Turtlemint, raised $120 million in a Series E funding ......

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Deals Digest: Only 1 new unicorn in April 2022 versus 8 during last April

TMT

29 April, 2022

Deals Digest: Only 1 new unicorn in April 2022 versus 8 during last April

Indian startups raised $766 million from VC and PE entities this week compared to $634 million in the preceding week, ......

Temasek Holdings commits $162.5 mn in Zomato-backer Info Edge's three funds

TMT

28 April, 2022

Temasek Holdings commits $162.5 mn in Zomato-backer Info Edge's three funds

Singapore state investment firm Temasek Holdings has announced an investment of $162.5 million (Rs 1,245 crore) in three funds owned ......

JPMorgan, Avendus Capital top M&A financial advisers in APAC for Jan-Mar quarter: Report

TMT

28 April, 2022

JPMorgan, Avendus Capital top M&A financial advisers in APAC for Jan-Mar quarter: Report

JPMorgan and Avendus Capital have topped the list of financial advisers for mergers and acquisitions (M&A) in the Asia-Pacific region ......

Softbank-backed Whatfix buys Leap.is to expand mobile capabilities

TMT

26 April, 2022

Softbank-backed Whatfix buys Leap.is to expand mobile capabilities

Whatfix, a Bengaluru-based digital adoption solution provider, has acquired a mobile-first onboarding and assistance platform Leap.is, a statement said on ......

Kalpathi Group's Veranda acquires test prep institute T.I.M.E. for Rs 287 cr

General

25 April, 2022

Kalpathi Group's Veranda acquires test prep institute T.I.M.E. for Rs 287 cr

Veranda Learning Solutions Pvt. Ltd, the edtech venture of Chennai-based Kalpathi Group, has acquired test prep institute T.I.M.E. for Rs ......

Cyient to acquire product engineering firm Citec for over $100 mn

TMT

25 April, 2022

Cyient to acquire product engineering firm Citec for over $100 mn

Cyient Ltd said on Monday it has signed definitive agreements to acquire Citec, an international plant and product engineering services ......

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PE investors can play major role in new-age emerging themes: JM Financial PE

Finance

25 April, 2022

PE investors can play major role in new-age emerging themes: JM Financial PE

In the post-pandemic world, increasing digitalization of traditional businesses, new-age supply chain solutions and emergence of new-age investment themes will ......

Amazon buys Accel-backed social commerce startup GlowRoad

TMT

22 April, 2022

Amazon buys Accel-backed social commerce startup GlowRoad

E-commerce giant Amazon has acquired social commerce platform GlowRoad, which is backed by venture capital firms such as Accel and ......

Adani Ports acquires 100% stake in marine services company Ocean Sparkle

Infrastructure

22 April, 2022

Adani Ports acquires 100% stake in marine services company Ocean Sparkle

Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into ......