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GQG Partners invests $1.87 bn in four Adani group firms

Infrastructure

02 March, 2023

GQG Partners invests $1.87 bn in four Adani group firms

US-based investment firm GQG Partners invested Rs 15,446 crore ($1.87 billion) in four Adani Group companies on Thursday, the billionaire ......

Meesho hires ex-Google director as VP of engineering

People

24 November, 2022

Meesho hires ex-Google director as VP of engineering

Homegrown ecommerce company Meesho announced the appointment of Divyesh Shah, who has joined as the company’s vice president, engineering.   Shah ......

Zomato rekindles hope of profitability in 6 months

Consumer

30 August, 2022

Zomato rekindles hope of profitability in 6 months

Zomato management reiterated that the food delivery company is expected to hit profitability over the next six months in its ......

Bizongo names Ex-Freshworks' product head as its Vice President of Product

People

23 August, 2022

Bizongo names Ex-Freshworks' product head as its Vice President of Product

Bizongo, a tech-enabled B2B platform, has appointed former Freshworks Director, Deepanjan Chattopadhyay as the Vice President of Product. The company ......

CoinSwitch appoints former Flipkart exec Sudheer Tumuluru as head of crypto engineering

People

08 July, 2022

CoinSwitch appoints former Flipkart exec Sudheer Tumuluru as head of crypto engineering

Indian crypto unicorn CoinSwitch said that it is appointing Sudheer Tumuluru as the head of crypto engineering. Tumuluru will lead ......

Space Matrix ​acquires Pursuit​e, onboards Koovs exec as global CTO

TMT

15 June, 2022

Space Matrix ​acquires Pursuit​e, onboards Koovs exec as global CTO

Singapore-headquartered international design firm Space Matrix has acquired Pursuite, a B2B e-commerce platform in the hospitality sector. Pursuite provides online ......

Adani Group to invest $50 bn in hydrogen over 10 years, partners TotalEnergies

Infrastructure

14 June, 2022

Adani Group to invest $50 bn in hydrogen over 10 years, partners TotalEnergies

As part of a new strategic alliance to develop green hydrogen ecosystem, TotalEnergies will acquire 25% minority interest in Adani ......

Tencent buys stake worth $264 mn in Flipkart from Binny Bansal

Consumer

13 June, 2022

Tencent buys stake worth $264 mn in Flipkart from Binny Bansal

Chinese technology conglomerate Tencent has bought stake worth $264 million (about Rs 2,060 crore) in Flipkart from its co-founder Binny ......

Affle picks up 13% stake in Indus OS at $90mn valuation

TMT

12 June, 2022

Affle picks up 13% stake in Indus OS at $90mn valuation

Singapore-based technology firm, Affle said on Friday, June 10 that it has acquired a 13% stake in OSlabs, the Indian ......

India's AIF industry doubles to $72 bn in 5 years: report

Finance

25 May, 2022

India's AIF industry doubles to $72 bn in 5 years: report

India’s alternative investment fund (AIF) industry has doubled to $72 billion as of September 2021 from $36 billion in 2016 ......