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Aakash Chaudhry makes a comeback in education sector with Meritnation founders

TMT

10 October, 2024

Aakash Chaudhry makes a comeback in education sector with Meritnation founders

Aakash Chaudhry, the co-founder and former CEO of offline coaching institute Aakash Educational Services Ltd, has floated a new venture ......

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Grapevine: Adani eyes another cement maker; SP Group firm raising funding

General

20 September, 2024

Grapevine: Adani eyes another cement maker; SP Group firm raising funding

Adani Group is close to acquiring a 46.64% stake in ITD Cementation India for Rs 5,889 crore ($700 million), including ......

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Grapevine: Kreditbee closer to shifting base to India; Stable Money raises funds

General

23 July, 2024

Grapevine: Kreditbee closer to shifting base to India; Stable Money raises funds

Lending startup Kreditbee, backed by Premji Invest and Advent International, has taken a significant step towards relocating its domicile from Singapore to India, a ......

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Barring Byju's write-off, how Prosus' India portfolio fared in FY24

General

26 June, 2024

Barring Byju's write-off, how Prosus' India portfolio fared in FY24

Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a ......

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VC firm B Capital infuses more funds into Indian EV company

Infrastructure

16 April, 2024

VC firm B Capital infuses more funds into Indian EV company

US-based multi-stage venture capital firm B Capital has re-invested in an Indian company as part of the latter's Series E fundraising ......

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Grapevine: Morgan Stanley PE, Multiples eye RG Stone stake; EDF to sell India assets

General

01 April, 2024

Grapevine: Morgan Stanley PE, Multiples eye RG Stone stake; EDF to sell India assets

RG Stone, a chain of urology and laparoscopy hospitals in India, has initiated discussions with several private equity (PE) firms ......

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Grapevine: Aakash founder unlikely to return as CEO; Bajaj Housing Finance, Lava mull IPOs

General

28 March, 2024

Grapevine: Aakash founder unlikely to return as CEO; Bajaj Housing Finance, Lava mull IPOs

Aakash Institute, owned by Byju's and with a 40% stake held by Ranjan Pai of the Manipal group, has abandoned ......

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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

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GSV Ventures' Quazzo on the sentiment in Indian edtech, fallout at Byju's and more

Consumer

04 March, 2024

GSV Ventures' Quazzo on the sentiment in Indian edtech, fallout at Byju's and more

US-based multi-stage investor GSV Ventures, which primarily backs digitised education players and upskilling companies, is set to strike a fresh ......

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Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects

General

26 February, 2024

Grapevine: Brookfield, GIC eye Blackstone's PGP Glass; Cube Highways may sell road projects

Global investment firms, including Brookfield, GIC of Singapore, and Alpha Wave, are in contention for a minimum 50% stake in ......