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Grapevine: AIIB may back Mahindra-OTPP InvIT; WestBridge, Norwest eye Meesho stake

General

02 January, 2024

Grapevine: AIIB may back Mahindra-OTPP InvIT; WestBridge, Norwest eye Meesho stake

Sustainable Energy Infra Trust, a renewable energy infrastructure investment trust (InvIT) formed by Indian conglomerate Mahindra Group and Canadian fund ......

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Grapevine: Ratan Tata-floated fund strikes two bets; Petronas, others may buy Fourth Partner

General

17 October, 2023

Grapevine: Ratan Tata-floated fund strikes two bets; Petronas, others may buy Fourth Partner

Ratan Tata Endowment Foundation, a fund set up by the Tata Trusts chairman Ratan Tata last year, has picked up ......

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Grapevine: JSW, Tatas weigh M&As; Venture Highway may part-exit Meesho

General

03 October, 2023

Grapevine: JSW, Tatas weigh M&As; Venture Highway may part-exit Meesho

Indian tycoon Sajjan Jindal-led JSW Group’s cement arm is in early talks to acquire the Indian subsidiary of a German ......

SoftBank, Prosus-backed Meesho gets a valuation markup

TMT

31 August, 2023

SoftBank, Prosus-backed Meesho gets a valuation markup

Fidelity Investments, an asset management company that has invested in several publicly listed as well as privately held Indian companies, ......

SoftBank-backed Meesho posts first-ever profit, plans IPO in 12-18 months

TMT

07 August, 2023

SoftBank-backed Meesho posts first-ever profit, plans IPO in 12-18 months

Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 ......

Peak XV to hold CEOs meet for first time after Sequoia split

Finance

31 July, 2023

Peak XV to hold CEOs meet for first time after Sequoia split

India's biggest venture capital firm Peak XV Partners has organised a meeting of its more than 200 investee companies next ......

Meesho backer Good Capital floats second fund, to sign bigger cheques

Finance

30 June, 2023

Meesho backer Good Capital floats second fund, to sign bigger cheques

Good Capital, an early-stage investor in unicorns such as Meesho and Lead school, has launched its second fund worth $50 ......

SoftBank-backed Meesho trims 15% workforce

TMT

05 May, 2023

SoftBank-backed Meesho trims 15% workforce

SoftBank-backed e-commerce platform Meesho has sacked 15% of its total workforce or nearly 251 employees, joining a long list of ......

Elevation Capital, others bet $4 mn on Mesa School of Business

TMT

20 April, 2023

Elevation Capital, others bet $4 mn on Mesa School of Business

Mesa School of Business, a business school focused on creating startup leaders, has raised Rs 34 crore ($4 million) in ......

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Elevation, Accel co-lead investment in social commerce firm FreeUp

TMT

20 January, 2023

Elevation, Accel co-lead investment in social commerce firm FreeUp

Multi-stage investors Elevation Capital and Accel have come together to back social commerce platform Free Up in a Series A ......