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Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Consumer

23 December, 2023

Who will be the real winners in Ola Electric's IPO as it eyes over $6.4 bn valuation?

Ola Electric, the electric two vehicle company started by Ola Cabs co-founder Bhavish Aggarwal with the backing of several existing venture ......

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TPG, Matrix Partners, Peak XV strike $200-mn India exit

Finance

08 December, 2023

TPG, Matrix Partners, Peak XV strike $200-mn India exit

Private equity group TPG, which has had a hectic 2023 in India having struck over half a dozen investments across its ......

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Tencent-backed Practo narrows losses in FY23, aims to accelerate revenue growth

TMT

27 October, 2023

Tencent-backed Practo narrows losses in FY23, aims to accelerate revenue growth

Tencent-backed digital healthcare platform Practo, one of the earliest entrants in the country’s health-tech sector, is looking to grow its ......

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TPG, Norwest, Matrix Partners make $220-mn India exit move

Finance

01 September, 2023

TPG, Norwest, Matrix Partners make $220-mn India exit move

Private equity firm TPG, which scored a multi-bagger partial exit from a five-year-old Indian bet recently as part of its ......

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Freshworks, EKA founders' VC firm eyes over $200 mn AUM with second fund

Finance

27 July, 2023

Freshworks, EKA founders' VC firm eyes over $200 mn AUM with second fund

Together Fund, an early-stage venture capital firm, led by founders of Freshworks, Eka Software and a former Matrix executive, has ......

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TPG, KKR-backed Five-Star Business' CEO on growth areas, fintech competition and more

Finance

21 July, 2023

TPG, KKR-backed Five-Star Business' CEO on growth areas, fintech competition and more

Non-banking financial company (NBFC) Five-Star Business Finance Ltd counts private equity firms KKR and TPG as well as venture capital ......

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Spotlight: Practo may be solving its monetisation problem despite e-pharmacy setback

TMT

05 July, 2023

Spotlight: Practo may be solving its monetisation problem despite e-pharmacy setback

Practo, one of the earliest entrants in the health-tech sector, may have fallen behind its peers in the race to ......

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Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more

Finance

24 May, 2023

Matrix Partners' Rajat Agarwal on LP sentiment, dry powder and more

Matrix Partners India, one of the most active venture capital investors in the country and a backer of unicorns like ......

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Matrix Partners upsizes fourth India fund, nears final close

Finance

23 May, 2023

Matrix Partners upsizes fourth India fund, nears final close

Matrix Partners India, which has backed unicorns like Ola, Dailyhunt, OneCard, DealShare, Razorpay and Ofbusiness, has upsized the target of ......

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Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

TMT

09 May, 2023

Exclusive: Now, Ola gets a reality check as investor knocks down valuation ahead of planned IPO

An Ola investor, which had slashed its estimate of the ride-hailing company’s valuation by more than half over a 15-month ......