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Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets

General

25 August, 2020

Grapevine: PE firms to exit ISP Atria; Blackstone to consolidate office assets

Private equity firms True North and TA Associates, which own more than 90% in India’s largest non-telco internet service provider ......

Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank

General

20 August, 2020

Grapevine: Adani eyes coal-fired plant; Carlyle to invest in Axis Bank

Adani Power is looking to acquire a 414 megawatt (MW) coal-fired plant near Chennai from OPG Power Ventures for up ......

Sequoia, Matrix-backed fintech startup FPL gets new investor in Series A round

TMT

18 August, 2020

Sequoia, Matrix-backed fintech startup FPL gets new investor in Series A round

Fintech startup FPL Technologies Pvt. Ltd, founded by three former ICICI Bank executives last year, said on Tuesday it has ......

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

General

17 August, 2020

Grapevine: Practo raises down round; RIL hardnosed on Amazon in Future Retail

Online healthcare portal Practo has raised $32 million (Rs 240 crore) in a new round of funding led by Chinese ......

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Park+ founder Amit Lakhotia on building revenue streams, using VC money and more

TMT

14 August, 2020

Park+ founder Amit Lakhotia on building revenue streams, using VC money and more

Amit Lakhotia, a former Paytm and Tokopedia executive, founded Park+ in July last year seeking to create a business opportunity ......

Digital lender ZipLoan secures debt funding from Strides Ventures

TMT

12 August, 2020

Digital lender ZipLoan secures debt funding from Strides Ventures

Online lending platform ZipLoan has raised Rs 15 crore (about $2 million) in debt funding from Strides Ventures. This is Strides ......

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Falcon Edge in talks to invest in another fintech firm

TMT

07 August, 2020

Falcon Edge in talks to invest in another fintech firm

Falcon Edge Capital, a New York-based hedge fund and venture-stage fund that has invested in cab-hailing company Ola and online ......

Matrix Partners, SAIF invest in seed funding round of fintech firm Jodo

TMT

24 July, 2020

Matrix Partners, SAIF invest in seed funding round of fintech firm Jodo

Bharosepe Technology Services Pvt. Ltd, which operates financial-technology firm Jodo, has raised Rs 28.5 crore ($3.8 million) in seed funding, ......

Sequoia, Matrix write Series A cheques to B2B marketplace Bijnis

TMT

21 July, 2020

Sequoia, Matrix write Series A cheques to B2B marketplace Bijnis

Bijnis, an online business-to-business (B2B) marketplace for fashion and lifestyle, has raised $10 million (about Rs 75 crore at current ......

Matrix Partners leads seed funding in fintech startup goDutch

TMT

14 July, 2020

Matrix Partners leads seed funding in fintech startup goDutch

GoDutch Technologies Pvt. Ltd, which operates an eponymous financial technology startup focussed on group payments, has raised $1.7 million (Rs ......