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Grapevine: Azure plans to raise $700 mn; Antler sets sight on debut fund's final close

General

22 September, 2023

Grapevine: Azure plans to raise $700 mn; Antler sets sight on debut fund's final close

Solar power developer Azure Power Global is weighing multiple options for a fundraise of up to $700 million to finance ......

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Grapevine: TotalEnergies looks at JV with Adani; Peak XV may invest in luggage brand

General

20 September, 2023

Grapevine: TotalEnergies looks at JV with Adani; Peak XV may invest in luggage brand

French energy giant TotalEnergies is nearing an investment in a joint venture with billionaire Gautam Adani-controlled firm, a media report ......

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VC-backed Pristyn Care's ‘uberisation' of surgeries faces multiple questions on biz practices

Healthcare

31 August, 2023

VC-backed Pristyn Care's ‘uberisation' of surgeries faces multiple questions on biz practices

Amita Panchal, a 47-year old Mumbai-based bank employee and a single mother, navigated life with the aid of crutches. Childhood ......

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How Covid-19 pushed Warburg-backed Capillary to change tack in growth drive

TMT

23 August, 2023

How Covid-19 pushed Warburg-backed Capillary to change tack in growth drive

When Covid-19 first hit businesses worldwide three years ago, software-as-a-service company Capillary Technologies India Ltd counted Asia as its main ......

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Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

General

21 August, 2023

Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff

Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family investment offices ......

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Grapevine: JSW eyes Teck's coal business; Peak XV may back asset manager

General

17 August, 2023

Grapevine: JSW eyes Teck's coal business; Peak XV may back asset manager

Billionaire Sajjan Jindal-led JSW Steel Ltd is considering buying a 75% interest in Elk Valley Resources, the steelmaking coal business ......

Offshore online gaming firms must register business in India or appoint proxy to pay tax

TMT

11 August, 2023

Offshore online gaming firms must register business in India or appoint proxy to pay tax

The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint ......

Peak XV-backed MPL to lay off 350 employees to "survive" after gaming tax

People

08 August, 2023

Peak XV-backed MPL to lay off 350 employees to "survive" after gaming tax

Indian gaming app Mobile Premier League will lay off 350 employees as it takes steps to "survive" a tax imposed ......

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 ......

Tiger Global, ChrysCap, Peak XV say gaming tax puts plan to invest $4 bn at risk

TMT

21 July, 2023

Tiger Global, ChrysCap, Peak XV say gaming tax puts plan to invest $4 bn at risk

Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi ......