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Grapevine: Aakash founder unlikely to return as CEO; Bajaj Housing Finance, Lava mull IPOs

General

28 March, 2024

Grapevine: Aakash founder unlikely to return as CEO; Bajaj Housing Finance, Lava mull IPOs

Aakash Institute, owned by Byju's and with a 40% stake held by Ranjan Pai of the Manipal group, has abandoned ......

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Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

General

09 May, 2023

Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

Allianz Real Estate and Shapoorji Pallonji Group, which had bought Hyderabad office complex WaveRock for $250 million in 2019, is ......

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Razorpay starts forex service for startups

TMT

30 January, 2023

Razorpay starts forex service for startups

RazorpayX, the business banking platform of fintech unicorn Razorpay Software Pvt. Ltd, has begun offering foreign exchange service to startups, ......

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La Renon Healthcare eyeing IPO in 3-5 years after revenue doubles

Healthcare

31 August, 2022

La Renon Healthcare eyeing IPO in 3-5 years after revenue doubles

La Renon Healthcare Pvt. Ltd aims to launch its initial public offering (IPO) in the next three to five years ......

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Koye Pharma hires banker for fresh fundraise; draws interest from domestic firm

Healthcare

22 August, 2022

Koye Pharma hires banker for fresh fundraise; draws interest from domestic firm

Koye Pharmaceuticals Pvt. Ltd has hired investment bank o3 Capital for a fresh fundraise, two people close to the development ......

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Fintech Bright Money lays off 100 employees

Finance

22 July, 2022

Fintech Bright Money lays off 100 employees

Sequoia-backed fintech startup Bright Money has laid off close to 100 people or 50% of its workforce, according to a ......

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Marquee VCs double down on new deals in 2022 despite 'winter'

Finance

04 July, 2022

Marquee VCs double down on new deals in 2022 despite 'winter'

Marquee Indian and global venture capital firms including Sequoia Capital India, Tiger Global, Accel, Alpha Wave Global and Blume Ventures ......

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Foundation-backed ASG Hospital presses pedal on acquisitions

Healthcare

26 May, 2022

Foundation-backed ASG Hospital presses pedal on acquisitions

Eye care chain ASG Hospital Pvt. Ltd is ramping up its inorganic growth strategy as it is in different stages ......

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Companies raise $677 mn this week; neobank Open turns unicorn

Finance

06 May, 2022

Companies raise $677 mn this week; neobank Open turns unicorn

Indian startups raised $677 million (Rs 5,205 crore) from venture capital and private equity entities this week compared to $766 ......

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Deals Digest: Companies rack up $634 mn this week; CoinDCX, Rario fetch over $100 mn

Finance

22 April, 2022

Deals Digest: Companies rack up $634 mn this week; CoinDCX, Rario fetch over $100 mn

Indian startups raised $634 million from VC and PE entities this week compared to $823 million in the preceding week, ......