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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

Xpressbees snags $80 mn from Ontario Teachers' arm

TMT

07 November, 2023

Xpressbees snags $80 mn from Ontario Teachers' arm

Logistics unicorn Xpressbees on Tuesday said it has raised $80 million (around Rs 665 crore) from Teachers’ Venture Growth (TVG), ......

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Canadian pension fund OTPP investing in Indian logistics company

Infrastructure

27 October, 2023

Canadian pension fund OTPP investing in Indian logistics company

Canadian pension fund manager Ontario Teachers’ Pension Plan (OTPP), which has rapidly stepped up its investments into Indian companies in ......

Khazanah-backed Xpressbees snaps up Trackon

Infrastructure

14 August, 2023

Khazanah-backed Xpressbees snaps up Trackon

BusyBees Logistics Solutions Pvt. Ltd, which runs logistics services startup Xpressbees, said on Monday that it has acquired logistics company ......

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Grapevine: Kotak fund gets quick exit; Freshworks losing two top execs

General

07 August, 2023

Grapevine: Kotak fund gets quick exit; Freshworks losing two top execs

Kotak Special Situations Fund, part of Kotak Mahindra Group’s alternative asset management arm, is set to clock a quick exit ......

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Grapevine: Zypp, OneCard eye fresh rounds; XpressBees eyes M&A

General

13 July, 2023

Grapevine: Zypp, OneCard eye fresh rounds; XpressBees eyes M&A

Electric vehicle delivery app Zypp, which includes Taiwanese ride-sharing company Gogoro, Goodyear Ventures, 9Unicorns, WFC, Venture Catalysts and LetsVenture as ......

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Deals Digest: Big-ticket transactions missing but total value edges up

TMT

28 April, 2023

Deals Digest: Big-ticket transactions missing but total value edges up

The total value of private equity and venture capital deals saw a slight jump this week from the previous five-day ......

Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees

Infrastructure

28 April, 2023

Malaysian sovereign fund Khazanah bets on logistics firm Xpressbees

Malaysian sovereign wealth fund Khazanah Nasional Berhad has bet $40 million (around Rs 320 crore) on Pune-based logistics company Xpressbees.  Khazanah ......

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TPG strikes over $200 mn exit with multi-bagger from India

General

24 March, 2023

TPG strikes over $200 mn exit with multi-bagger from India

TPG Growth, a backer of companies like Dream11, FirstCry, BookMyShow, Fourth Partner, Manipal Hospitals and Reliance Retail, has struck a ......

Temasek-Kuenhe + Nagel JV invests in logistics startup Locad

TMT

16 January, 2023

Temasek-Kuenhe + Nagel JV invests in logistics startup Locad

Logistech Solutions Pte Ltd, which runs logistics startup Locad, on Monday said it has raised $11 million (Rs 90 crore) ......