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 Rs 6,247.5 crores for a 1.4 percent stake in Reliance Retail.
Read More
Startup News Snippets
M&A News
Market Pulse
- Bengaluru-based online grocer Bigbasket will raise $400 Mn from Temasek, Tybourne Capital and Generation Investment Management
- Gurugram-based academic group Sunstone Eduversity has raised $3 Mn in Series A funding led by Saama Capital
- Bangalore-based cleantech startup GPS Renewables has raised $3 Mn in Series A funding led by Netherlands-based Hivos-Triodos Fund and Hyderabad-based Caspian
- Ahmedabad-based retail chain Osia Hyper Retail has acquired 51% stake in Ahmedabad-based Infibeam Logistics for $3 Mn
- Japan-based construction equipment manufacturer Kyokuto Kaihatsu Kogyo has acquired Bengaluru-based manufacturer of special-purpose vehicles Satrac Engineering for an undisclosed amount
- Gurugram-based online marketplace for new and used vehicles Droom Technology has acquired Delhi-based augmented reality (AR) startup Visiolab Ideas for an undisclosed amount