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Flashback 2024: Top technology deals of the year

TMT

27 December, 2024

Flashback 2024: Top technology deals of the year

India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity investments favoring consumer tech, while IT services ......

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Grapevine: GIC plans to offload stake in Greenko; PhysicsWallah hires i-banks for IPO

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09 October, 2024

Grapevine: GIC plans to offload stake in Greenko; PhysicsWallah hires i-banks for IPO

Singapore's sovereign wealth fund GIC is evaluating the sale of its 50% stake in Indian renewables player Greenko Energy Holdings, ......

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Grapevine: PhysicsWallah eyes fresh funding; Zepto, HDB Financial plan IPOs

General

09 September, 2024

Grapevine: PhysicsWallah eyes fresh funding; Zepto, HDB Financial plan IPOs

PhysicsWallah is close to finalising a $150 million (nearly Rs 1,260 crore) funding round, led by Asian hedge fund Hornbill Orchid, ......

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Grapevine: Blackstone-Haldiram's talks move forward; Medikabazaar CEO steps down

General

09 July, 2024

Grapevine: Blackstone-Haldiram's talks move forward; Medikabazaar CEO steps down

Blackstone Inc is in advanced negotiations with the Agrawal family, who run India's largest savouries and snacks business, Haldiram's, for a ......

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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club after raising $80 million from late-stage ......

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How Byju's stacked up against Unacademy and other edtech unicorns in FY22

TMT

06 November, 2023

How Byju's stacked up against Unacademy and other edtech unicorns in FY22

Edtech giant Byju’s remained far ahead of its local peers in terms of revenue during the financial year through March ......

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Deals Digest: PE/VC funding value doubles due to HDFC Credila deal

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23 June, 2023

Deals Digest: PE/VC funding value doubles due to HDFC Credila deal

This week’s overall funding doubled in value terms, aided by the big-ticket private equity buyout of HDFC’s education lending arm ......

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Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding

General

19 June, 2023

Grapevine: PMI Electro Mobility, IndiQube, Oro Money seek fresh funding

Electric bus maker PMI Electro Mobility is in discussions for a funding round as it looks to scale up its ......

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WestBridge bets around $250 mn on another IT firm

TMT

17 May, 2023

WestBridge bets around $250 mn on another IT firm

WestBridge Capital, which appears to be retuning its investment strategy with bigger and bolder bets against its historical stance of ......

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Acquisition by Physicswallah will help us accelerate growth: Knowledge Planet co-founder

TMT

03 April, 2023

Acquisition by Physicswallah will help us accelerate growth: Knowledge Planet co-founder

UAE-based test prep startup Knowledge Planet was recently acquired by Indian unicorn Physicswallah, which aims to expand into the Middle ......