Walmart eyes large stake in Tata’s super app Walmart Inc., the majority stakeholder in online retailer Flipkart, is looking to take up a large stake in the proposed super app of the Tata group. Read More Mubadala picks up 1.4% stake in Reliance Retail for Rs 6,247.5 Cr Abu Dhabi-based sovereign wealth fund Mubadala Investment will invest…
MR Infrastructure to sell stake in Kakinada SEZ for $354 Mn GMR Infrastructure is selling its entire stake in a company that is building a port-based special economic zone in Andhra Pradesh for $354 Mn as part of efforts to cut debt. Read More HCL Technologies to acquire Australian IT firm DWS Noida-based software services major HCL…
Dream11 parent raises $225 Mn from Tiger Global, TPG, ChrysCapital, others Dream11’s parent company Dream Sports on Monday announced it raised $225 Mn in a primary and secondary investment, led by Tiger Global Management, TPG Tech Adjacencies (TTAD), ChrysCapital, and Footpath Ventures. Read More EverSource Capital plans to buyout Azure Power’ entire solar rooftop portfolio…
Silver Lake to pick up 1.75% stake in Reliance Retail for Rs 7,500 Cr Private equity company Silver Lake Partners will invest Rs 7,500 crore in Reliance Retail for a 1.75 percent stake. Read More Japan’s Orix Corp to invest $980 Mn in Greenko Energy at $5.75 Bn valuation NYSE-listed Japanese conglomerate Orix Corporation has agreed…
Silver Lake to invest in Reliance Retail Private equity firm Silver Lake is looking to invest close to $1 Bn in Mukesh Ambani’s Reliance Retail for about 1.8% stake. Read More Norway’s Orkla to take control of Eastern Condiments, merge with MTR Foods Norwegian consumer goods maker Orkla has decided to acquire a majority stake in Eastern Condiments…
PAG to acquire 51% in wealth management, investment banking biz of Edelweiss for Rs 2,244 cr PAG has agreed to buy a controlling stake in the wealth management and capital markets business of Edelweiss Financial Services that also includes investment banking, its first large deal in the country after setting up a local base in 2019….
Lightspeed raises $275 million in funds for India Lightspeed India Partners on Tuesday announced it has closed $275 Mn from LPs for its third fund as the top American venture firm looks to ramp up its investments in the world’s second-largest internet market. Read More Baring PE Asia betting $133 Mn on RBL Bank; Gaja to return,…
Shell eyes stake in Nayara’s $9 bn petrochemical project Oil major Royal Dutch Shell plans to buy a 50% stake in Indian-based Nayara Energy’s up to $9 billion planned petrochemical project Read More E-health cos Medlife and PharmEasy in talks for $200 million merger deal E-health companies Medlife and PharmEasy are in talks for a…
DST Global to pump money in Byju’s DST Global, the investment firm headed by Russian-Israeli billionaire Yuri Milner, may invest up to $400 million (Rs 3,005 crore) in Indian ed-tech unicorn Byju’s at a valuation of about $10.5 billion Read More Byju’s has acquired edtech startup WhiteHat Jr. for $300 million Byju’s has acquired edtech…
Brookfield eyes stake in RMZ’s office projects to add heft in proposed REIT Canada’s Brookfield Asset Management is in talks to strike a deal for the office projects of Bengaluru-based developer RMZ Corp. Read More SaaS Unicorn Freshworks Bags $85 Mn From Steadview Capital Indian SaaS unicorn Freshworks has raised $85 Mn in Series H…
