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Citymall lays off 191 employees

TMT

19 June, 2022

Citymall lays off 191 employees

Cmunity Innovations Pvt Ltd, which runs online retail platform Citymall, has laid off a section of its employees, a person ......

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OfBusiness eyes acquisitions ahead of IPO: Co-founder

Manufacturing

23 March, 2022

OfBusiness eyes acquisitions ahead of IPO: Co-founder

OfBusiness, a raw material procurement and business financing platform, is eyeing acquisitions in the run-up to launching an initial public ......

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PE backed Five Star Business Finance prepares for $400mn IPO; appoints bankers

Finance

08 September, 2021

PE backed Five Star Business Finance prepares for $400mn IPO; appoints bankers

Private equity majors Sequoia Capital and KKR-backed non-banking finance company (NBFC) Five Star Business Finance Ltd is set to file ......

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Norwest scores benchmark returns from seven-year investment in private lender

Finance

04 February, 2021

Norwest scores benchmark returns from seven-year investment in private lender

Norwest Venture Partners has exited its nearly seven-year investment in a listed financial services firm with benchmark returns, a person ......

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Warburg Pincus-backed Capillary Technologies starts plotting its IPO

TMT

04 December, 2020

Warburg Pincus-backed Capillary Technologies starts plotting its IPO

Capillary Technologies, a software-as-a-service (SaaS) customer engagement firm, has started discussions for an initial public offering (IPO), two people familiar ......

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Norwest takes a rare haircut in partial exit from road developer

Infrastructure

25 August, 2020

Norwest takes a rare haircut in partial exit from road developer

Silicon Valley investment firm Norwest Venture Partners has marked its first liquidity event in nearly a year by partially exiting ......

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Sarva Capital scores multi-bagger exit from non-bank lender

Finance

15 May, 2020

Sarva Capital scores multi-bagger exit from non-bank lender

Venture capital fund Sarva Capital has made a multi-bagger exit from its five-year-old investment in a non-banking finance company that ......

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Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Finance

28 April, 2020

Fund Scan: How Norwest scored $1 bn in India exits as it readies new game plan

Last year, Norwest Venture Partners sealed a rare deal in India’s venture capital industry. The six-decade-old venture and growth-stage investor ......

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Norwest executive, others back gin producer in angel round

Consumer

19 March, 2020

Norwest executive, others back gin producer in angel round

A top executive at Norwest Venture Partners, which has backed a slew of Indian startups such as Swiggy as well ......

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Valuations of B2B SaaS startups have become frothy: Avataar Venture's Mohan Kumar

Finance

29 October, 2019

Valuations of B2B SaaS startups have become frothy: Avataar Venture's Mohan Kumar

Avataar Venture Partners, floated by former executives of Norwest Venture Partners and Freshworks Inc., has launched its debut $300 million ......