Byju’s
TMT
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 ......
General
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 ......
General
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 ......
General
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 ......
Infrastructure
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 ......
General
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 ......
General
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 ......
TMT
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 ......
Consumer
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 ......
General
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 ......