Shubhobrota Dev Roy
General
Grapevine: Swiggy shortlists bankers for IPO; Tata weighs sale of Voltas home appliance biz
SoftBank-backed food delivery platform Swiggy has likely shortlisted seven investment banks to prepare for its initial public offering that it may float next year, ......
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Grapevine: Binny Bansal to roll out AI startup; Capella, Zepto gets funding
Flipkart co-founder Binny Bansal is gearing up to launch an AI-as-a-service startup that will target global customers, a media report ......
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Grapevine: Mankind in fray for Ayurveda firm; Adani may sell stake in consumer arm
Mankind Pharma and Baidyanath Ayurveda have entered the race with other companies to buy out a government-owned Ayurveda firm, a ......
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Grapevine: Matter Group to raise funds; Vedanta parent seeks $500 mn in private credit
Electric mobility startup Matter Group is looking to raise fresh funding over the next two years, a media report has ......
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Grapevine: Coca-Cola India to sell some facilities; Elevation may back Wakefit
The India bottling arm of Coca-Cola is in the advanced stage of discussions to sell some of its units, a ......
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Grapevine: NIIF, Macquarie may back EV charging firm; A91 Partners plans new bet
The National Investment and Infrastructure Fund (NIIF), India's quasi-sovereign fund, and Australian asset manager Macquarie Group are in early talks to pick up a minority ......
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Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids
Business-to-business manufacturing and automation startup Groyyo is likely to wind down its trading vertical in coming months, a media report said. Groyyo’s venture capital backers ......
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Grapevine: Lone Star exits India JV; Peak XV-backed Neo seeks funding
Rajiv Rattan, who co-founded Indiabulls, has bought the 50% stake it didn't already own in RattanIndia Finance from its joint ......
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Grapevine: Blackstone-backed firm, JSW Infra mull buyouts; Wow! Momo gets funding
Quality Care India Ltd, which operates Care Hospitals and is controlled by private equity firm Blackstone, has signed a pact to take over a Kerala-based hospital chain, a media report said. The company will ......
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Grapevine: GIC, Sterlite Power mull JV; KKR, Cube Highways eye road assets
Singapore sovereign wealth fund GIC plans to set up a $1-billion joint venture platform with power transmission developer Sterlite Power, ......