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IndiGo co-founder Gangwal's family to offload stake

Consumer

12 June, 2023

IndiGo co-founder Gangwal's family to offload stake

The family of IndiGo's co-founder Rakesh Gangwal was likely to sell between 5%-8% stake in the Indian airline's parent InterGlobe ......

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Amazon set to pick up stake in second VC-backed apparel brand in a fortnight

Consumer

24 May, 2023

Amazon set to pick up stake in second VC-backed apparel brand in a fortnight

E-commerce giant Amazon India is in advanced stages of discussion to pick up a significant minority stake in a children-focused ......

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Wakefit's M&A playbook, breakeven target and road to IPO

Consumer

18 May, 2023

Wakefit's M&A playbook, breakeven target and road to IPO

Wakefit Innovations Pvt. Ltd, which has already become a household name in the sleeping solutions industry and counts Verlinvest, Investcorp, ......

Beleaguered Future Retail gets six bids under resolution process

Consumer

17 May, 2023

Beleaguered Future Retail gets six bids under resolution process

Debt-ridden Future Retail Ltd said on Wednesday it had received bids from six applicants in its insolvency resolution process. The company ......

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Amazon picks up stake in VC-backed men's apparel brand

Consumer

15 May, 2023

Amazon picks up stake in VC-backed men's apparel brand

E-commerce giant Amazon India has picked up a significant minority stake in a local men's innerwear brand that is already ......

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How Godrej's deal for Kamasutra, Park Avenue differs from KKR's Fogg buyout

Consumer

27 April, 2023

How Godrej's deal for Kamasutra, Park Avenue differs from KKR's Fogg buyout

Godrej Consumer Products Ltd’s decision to buy the consumer goods business of Raymond Ltd not only boosts its portfolio with ......

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Edelweiss fund makes 3.5x returns on its 4-year old bet in KFC operator

Consumer

28 July, 2022

Edelweiss fund makes 3.5x returns on its 4-year old bet in KFC operator

Homegrown private equity fund Edelweiss has clocked around 3.5 times returns on an around four-year old bet by selling partial ......

Rakesh Jhunjhunwala-backed Arrivae raises $7 mn in Series B funding round led by Havells Group

Consumer

14 December, 2021

Rakesh Jhunjhunwala-backed Arrivae raises $7 mn in Series B funding round led by Havells Group

Arrivae, a made-to-order furniture manufacturer and home improvement company, has raised Rs 50 crore (around $7 million) in a Series ......

SEBI provides incentive for high net worth tech startup founders to list in India

TMT

28 September, 2021

SEBI provides incentive for high net worth tech startup founders to list in India

IPO-bound technology startup founders with a personal net worth of up to Rs 1000 crore can now get superior voting ......

Reliance inks $3.4 bn deal to buy Future Group's retail, other biz

Consumer

29 August, 2020

Reliance inks $3.4 bn deal to buy Future Group's retail, other biz

Energy-to-telecoms giant Reliance Industries Ltd has agreed to acquire Kishore Biyani-led Future Group’s retail, wholesale, logistics and warehousing businesses for ......