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Uber hires ex-Facebook exec Namit Jain to lead core platform in India

People

24 May, 2022

Uber hires ex-Facebook exec Namit Jain to lead core platform in India

Ride-hailing company Uber has announced that it has hired Namit Jain, as a new Senior Director, Engineering, to lead its ......

PE-backed Pristine Logistics files for IPO worth Rs 250 cr, BII to exit partially

Infrastructure

11 May, 2022

PE-backed Pristine Logistics files for IPO worth Rs 250 cr, BII to exit partially

Delhi-based Pristine Logistics & Infraprojects Ltd (Pristine), has filed its draft papers with markets regulator Securities and Exchange Board of ......

M&M may demerge auto business into 3 units – report

Manufacturing

06 May, 2022

M&M may demerge auto business into 3 units – report

In a major restructuring move, auto-to-tech conglomerate Mahindra & Mahindra is likely to separate its automotive business into 3 parts, ......

Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions

TMT

04 May, 2022

Delhivery reduces IPO issue size by 30%; Softbank, Carlyle cut OFS portions

Logistics unicorn Delhivery has pruned its initial public offering (IPO) by around 30% to Rs 5,235 crore ($686 million) from ......

Coinbase takes loan from Goldman Sachs using Bitcoin as collateral, report

Finance

04 May, 2022

Coinbase takes loan from Goldman Sachs using Bitcoin as collateral, report

Leading crypto exchange Coinbase, which started trading services in India last month, has taken out a loan from Goldman Sachs ......

HDFC Capital invests Rs 400 cr in realty developer Signature Global

Infrastructure

04 May, 2022

HDFC Capital invests Rs 400 cr in realty developer Signature Global

Affordable housing developer Signature Global has raised Rs 400 crore from existing investor HDFC Capital Affordable Real Estate Fund 3 ......

Adani Ports acquires 100% stake in marine services company Ocean Sparkle

Infrastructure

22 April, 2022

Adani Ports acquires 100% stake in marine services company Ocean Sparkle

Adani Ports and Special Economic Zone Ltd (APSEZ) through its subsidiary, The Adani Harbour Services Ltd (TAHSL), has entered into ......

BigBasket expands quick commerce to scale up 10-20 minutes delivery

Consumer

21 April, 2022

BigBasket expands quick commerce to scale up 10-20 minutes delivery

Joining the competition with the likes of Swiggy, Dunzo, Blinkit & Zepto, Tata Group-owned BigBasket is rapidly scaling up the quick commerce ......

KuCoin-backed firms launch $100 mn fund for early-stage NFT projects

TMT

19 April, 2022

KuCoin-backed firms launch $100 mn fund for early-stage NFT projects

KuCoin, a crypto trading platform, on Tuesday announced that its venture capital arm KuCoin Ventures and its NFT marketplace, Windvane, ......

Fintech, crypto boom drive hiring in BFSI sector: Report

People

19 April, 2022

Fintech, crypto boom drive hiring in BFSI sector: Report

The rapid adoption of digital payments and the use of emerging technologies like blockchain, AI and ML have to a ......