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Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

General

28 September, 2020

Grapevine: KKR, others circle Granules; frontrunners emerge for Azure Power assets

After VCCircle reported last year that promoters of Granules India Ltd are looking to sell a majority stake, three global ......

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Temasek deploys $1 bn in India as COVID-19 accelerates digital trend

Finance

25 September, 2020

Temasek deploys $1 bn in India as COVID-19 accelerates digital trend

Temasek Holdings has deployed more than $1 billion in India over the past six months, with a big chunk going ......

Zomato pockets $100-mn cheque from Tiger Global

TMT

10 September, 2020

Zomato pockets $100-mn cheque from Tiger Global

Food delivery company Zomato Media Pvt. Ltd has raised $100 million (Rs 760 crore) from US-based investment firm Tiger Global ......

Zomato secures $62 mn in fresh funding from Temasek

TMT

02 September, 2020

Zomato secures $62 mn in fresh funding from Temasek

Food delivery company Zomato Media Pvt. Ltd has raised $62 million (Rs 454.34 crore at current exchange rates) in funding ......

Alibaba's Ant Group files for record-breaking IPO

TMT

25 August, 2020

Alibaba's Ant Group files for record-breaking IPO

Ant Group, Alibaba's fintech arm and China's dominant mobile payments firm, filed for a dual listing in Hong Kong and ......

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PharmEasy makes formal move to buy Bengaluru-based peer

TMT

11 August, 2020

PharmEasy makes formal move to buy Bengaluru-based peer

PharmEasy, one of the most heavily funded online pharmacy startups, has made a formal move to acquire a Bengaluru-based peer ......

GIC bets more on Bandhan Bank as Temasek joins in

Finance

04 August, 2020

GIC bets more on Bandhan Bank as Temasek joins in

Singapore sovereign wealth fund GIC Pte Ltd has increased its stake in Bandhan Bank while its sister concern Temasek Holdings ......

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

General

30 July, 2020

Grapevine: Reliance eyes minority stake in Future Consumer; Piramal to sell glass biz

Reliance Industries Ltd (RIL) is looking to pick up a minority stake in Future Group’s consumer products business as part ......

GIC flags lower returns from weak growth, cautious on markets

Finance

28 July, 2020

GIC flags lower returns from weak growth, cautious on markets

The long-term returns of Singapore sovereign wealth fund GIC have dropped within a whisker of a record low struck during ......

Temasek-backed Pine Labs invests in Malaysian fintech firm Fave

TMT

23 July, 2020

Temasek-backed Pine Labs invests in Malaysian fintech firm Fave

Pine Labs Pvt. Ltd, a Noida-based payments solutions provider, has invested in Malaysian financial technology company Fave Asia Technologies Sdn. ......