TEAM VCC
Infrastructure
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 ......
People
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 ......
Consumer
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 ......
People
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 ......
People
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 ......
TMT
Space Matrix acquires Pursuite, 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 ......
Infrastructure
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 ......
Consumer
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 ......
TMT
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 ......
Finance
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 ......