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Udaan

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Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation

Finance

30 January, 2024

Bottomline: Udaan's NBFC arm takes a hit in revenue as group goes through optimisation

Hiveloop Capital, the NBFC subsidiary of business-to-business e-commerce unicorn Udaan recorded a decline in its revenue for FY23, even as ......

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Grapevine: Former Mahindra Partners chief rolls out new venture; Niva Bupa plans IPO

General

16 January, 2024

Grapevine: Former Mahindra Partners chief rolls out new venture; Niva Bupa plans IPO

Parag Shah, the former head of Mahindra & Mahindra's private equity unit who quit the conglomerate in August last year, ......

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Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

TMT

27 December, 2023

Flashback 2023: Flipkart, PhonePe lead tech deal value; AI-powered startups new flavour in town

This year may have been sluggish when it came to overall deal momentum of the tech sector in Indian startup ......

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Grapevine: Aditya Birla Group to grow green portfolio; Tatas lead race for consumer deal

General

19 December, 2023

Grapevine: Aditya Birla Group to grow green portfolio; Tatas lead race for consumer deal

Kumar Mangalam Birla-led Aditya Birla Group is in advanced negotiations with a Middle Eastern firm for a joint venture under ......

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Deals Digest: Momentum accelerates as small deals take backseat this week

General

15 December, 2023

Deals Digest: Momentum accelerates as small deals take backseat this week

Private equity and venture capital deal momentum made a considerable leap in terms of value for the week-ended 15 December, ......

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WaterBridge appoints former Udaan exec to head early-stage deals

People

15 December, 2023

WaterBridge appoints former Udaan exec to head early-stage deals

Homegrown venture capital firm WaterBridge Ventures, which has backed startups such as Unacademy, Atlan, Magicpin, Bijnis and CityMall, has onboarded ......

Lightspeed-backed Udaan converts debt into equity, pushes back listing plan

TMT

14 December, 2023

Lightspeed-backed Udaan converts debt into equity, pushes back listing plan

Business-to-business unicorn Udaan has converted some debt into equity as part of its Series E funding round and pushed back ......

Third Wave Coffee rakes in $35 mn from Creaegis, others

TMT

28 September, 2023

Third Wave Coffee rakes in $35 mn from Creaegis, others

Quick service restaurant chain Third Wave Coffee, operated by Heisetasse Beverages Pvt Ltd, on Thursday said it has secured $35 ......

Udaan rejigs business team amid key departures

People

04 September, 2023

Udaan rejigs business team amid key departures

Business-to-business unicorn Udaan on Monday said it has rejigged its organisational team and structure, amid transitions from a few senior ......

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Grapevine: Global investors eye Mahindra InvIT; Bodhi Tree ups Viacom18 stake

General

22 August, 2023

Grapevine: Global investors eye Mahindra InvIT; Bodhi Tree ups Viacom18 stake

Multiple global investors have joined the race to invest in Mahindra & Mahindra’s renewables infrastructure investment trust (InvIT), a media ......