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Grapevine: KKR to deploy bulk of infra fund in India, Hero Future eyes pre-IPO funding

General

23 February, 2024

Grapevine: KKR to deploy bulk of infra fund in India, Hero Future eyes pre-IPO funding

Global investment giant KKR is directing a significant portion of its newly-raised $6.4 billion pan-Asian infrastructure fund towards India, a ......

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Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

General

20 February, 2024

Grapevine: Byju's gets $300 mn rights issue commitment; Sony, Zee resume merger talks

Edtech firm Think and Learn, operating under the Byju’s brand, has received commitments totaling $300 million (Rs 2,489 crore) for ......

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Grapevine: Healthium Medtech gets more suitors; race for Fourth Partner Energy heats up

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12 February, 2024

Grapevine: Healthium Medtech gets more suitors; race for Fourth Partner Energy heats up

Ontario Teachers Pension Plan (OTPP), one of the world’s largest pension funds, is teaming up with domestic private equity firm ......

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Grapevine:  ChrysCap raising continuation fund; Blackstone opposes Aakash debt conversion

General

07 February, 2024

Grapevine: ChrysCap raising continuation fund; Blackstone opposes Aakash debt conversion

Indian private equity firm ChrysCapital is in the process of raising up to $300 million for a new fund to ......

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Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

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05 February, 2024

Grapevine: Hyundai Motor India plans IPO; Temasek weighs healthcare bet

South Korean automaker Hyundai Motor is mulling an initial public offering of its Indian unit, Hyundai Motor India, to tap ......

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Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan

General

25 January, 2024

Grapevine: Edelweiss raises second infra fund; Jindal Power drops M&A plan

Edelweiss Alternatives has raised over Rs 8,000 crore (almost $1 billion) for its second infrastructure fund, Edelweiss Alternatives Infrastructure Yield ......

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Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn

TMT

12 January, 2024

Heavyweight investors' bets go underwater as Byju's valuation slumps to $1 bn

Some of the world’s biggest private equity firms, asset managers, pension funds and sovereign wealth funds are now sitting on ......

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Deals Digest: Momentum slows even further than last week's lows

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05 January, 2024

Deals Digest: Momentum slows even further than last week's lows

Private equity and venture capital deal flow started 2024 on a snail-like pace as momentum in terms of value remained ......

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No respite for Byju's as startup sees another top-level management exit

People

02 January, 2024

No respite for Byju's as startup sees another top-level management exit

The year 2024 may start on a bitter note for edtech unicorn Byju’s, with another top-level exit after multiple resignations ......

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Grapevine: Reliance, Disney ink term sheet for media merger; SoftBank cuts FirstCry stake

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26 December, 2023

Grapevine: Reliance, Disney ink term sheet for media merger; SoftBank cuts FirstCry stake

Reliance Industries Ltd and Walt Disney Co have signed a non-binding term sheet to merge their India media and entertainment ......