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Grapevine: KKR explores exit from Avendus; Flipkart eyes Dunzo

General

21 February, 2024

Grapevine: KKR explores exit from Avendus; Flipkart eyes Dunzo

US private equity firm KKR is considering an exit from Avendus Capital, a leading Indian financial services firm, more than ......

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Flashback 2023: Big-ticket deals lift activity in consumer sector through sluggish year

Consumer

26 December, 2023

Flashback 2023: Big-ticket deals lift activity in consumer sector through sluggish year

The global economic slowdown may have affected deal activity in India this year, but the consumer landscape still saw some ......

ADIA to invest $598 mn more in Reliance Retail

Consumer

09 October, 2023

ADIA to invest $598 mn more in Reliance Retail

Billionaire Mukesh Ambani's Reliance Retail Ventures said on Friday it would raise 49.67 billion rupees ($598 million) from the Abu ......

Reliance Retail to acquire Superdry's South Asia IP assets for $48 mn

Consumer

04 October, 2023

Reliance Retail to acquire Superdry's South Asia IP assets for $48 mn

Reliance Retail, India's largest retailer, will buy UK-based Superdry's licenses and brand assets in three Asian countries for 40 million ......

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Deals Digest: Funding value doubles this week on two big-ticket transactions

TMT

08 September, 2023

Deals Digest: Funding value doubles this week on two big-ticket transactions

The total value of private equity and venture capital deals in India nearly doubled this week from the previous five-day ......

Reliance Retail likely to raise $2.5 bn by September end

Consumer

01 September, 2023

Reliance Retail likely to raise $2.5 bn by September end

Indian billionaire Mukesh Ambani's Reliance Retail Ventures is in advanced talks with global investors to raise around $2.5 billion by ......

RIL-backed Dunzo defers salary payment by three months

Consumer

19 July, 2023

RIL-backed Dunzo defers salary payment by three months

Indian on-demand delivery platform Dunzo on Wednesday informed employees that pending salaries since June would be delayed until September, according ......

Reliance Retail eligible to bid for debt-ridden Future Enterprises

Consumer

12 July, 2023

Reliance Retail eligible to bid for debt-ridden Future Enterprises

The retail arm of Reliance Industries is among three companies eligible to submit a plan for the debt-ridden Future Enterprises's ......

EY, BDO value Reliance Retail at minimum $92 bn

Consumer

07 July, 2023

EY, BDO value Reliance Retail at minimum $92 bn

India's Reliance Retail, run by Asia's richest man Mukesh Ambani, has been valued at $92-96 billion by two global consultants, ......

Beleaguered Future Retail gets six bids under resolution process

Consumer

17 May, 2023

Beleaguered Future Retail gets six bids under resolution process

Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution process. The company ......