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Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

General

10 September, 2024

Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......

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Tiger Global-backed Captain Fresh on the prowl for more acquisition opportunities

TMT

29 August, 2024

Tiger Global-backed Captain Fresh on the prowl for more acquisition opportunities

Seafood provider Captain Fresh is eyeing more inorganic growth opportunities, in line with its plans to expand its international business, ......

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

TMT

27 August, 2024

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

Foreign investors in Indian education technology company Byju's, including General Atlantic, have urged the country's Supreme Court to hear their concerns ......

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Deals Digest: Large BFSI deal propels funding momentum this week

General

23 August, 2024

Deals Digest: Large BFSI deal propels funding momentum this week

Private equity and venture capital investments saw a significant uptick this week, driven by a few large-ticket deals, according to ......

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Grapevine: Premji, Pai family offices eye Akasa; Temasek weighs India JV exit

General

22 August, 2024

Grapevine: Premji, Pai family offices eye Akasa; Temasek weighs India JV exit

Premji Invest and Claypond Capital, the family offices of Wipro's Azim Premji and Manipal Group's Ranjan Pai, respectively, are in advanced talks to invest $125 ......

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Prosus India's Ashutosh Sharma on early-stage bets and potential in edtech despite Byju's

Finance

05 August, 2024

Prosus India's Ashutosh Sharma on early-stage bets and potential in edtech despite Byju's

The Netherlands-based Prosus has invested in several Indian unicorns such as Swiggy, Meesho, Urban Company, Eruditus and The Good Glamm ......

Byju's founder Raveendran faces reckoning as startup implodes

TMT

22 July, 2024

Byju's founder Raveendran faces reckoning as startup implodes

Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, ......

NCLT admits Byju's into insolvency proceedings on BCCI's plea

TMT

16 July, 2024

NCLT admits Byju's into insolvency proceedings on BCCI's plea

Edtech company Byju's, once India's biggest startup valued at $22 billion, will face insolvency proceedings for failure to pay $19 ......

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Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions

General

08 July, 2024

Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions

Boutique Indian dealmaker DAM Capital Advisors is considering a public float, a media report said. Veteran investment banker Dharmesh Mehta's DAM Capital, which ......

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Barring Byju's write-off, how Prosus' India portfolio fared in FY24

General

26 June, 2024

Barring Byju's write-off, how Prosus' India portfolio fared in FY24

Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a ......