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Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

General

09 May, 2023

Grapevine: Allianz-Shapoorji may exit IT park; Byju's, Credgenics in funding talks

Allianz Real Estate and Shapoorji Pallonji Group, which had bought Hyderabad office complex WaveRock for $250 million in 2019, is ......

Grapevine: WestBridge invests in dairy brand; Blackstone to buy TPG stake in Care

General

08 May, 2023

Grapevine: WestBridge invests in dairy brand; Blackstone to buy TPG stake in Care

Homegrown private equity firm WestBridge Capital, which has made some larger bets in the past including those in names like ......

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PE firm WestBridge Capital bumps up stake in private lender

Finance

01 May, 2023

PE firm WestBridge Capital bumps up stake in private lender

WestBridge Capital, which is best known for making private investments in public equities (or PIPE deals) but has pivoted its strategy ......

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WestBridge tops up bet on consumer-facing firm to over $200 mn

Consumer

25 April, 2023

WestBridge tops up bet on consumer-facing firm to over $200 mn

Private equity firm WestBridge Capital has pumped additional capital into a consumer-facing company, taking its total exposure to more than ......

DesignCafé gets a top-up from WestBridge; Vitraya, EazyDiner, others raise funding

TMT

29 March, 2023

DesignCafé gets a top-up from WestBridge; Vitraya, EazyDiner, others raise funding

Home interior services platform DesignCafé, insurtech firm Vitraya Technologies, healthcare startup Serigen Mediproducts, restaurant table reservation startup EazyDiner and superfood ......

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Exclusive: Dental-tech startup behind Toothsi, makeO may rope in PE firm for Series D round

Healthcare

21 February, 2023

Exclusive: Dental-tech startup behind Toothsi, makeO may rope in PE firm for Series D round

AMPA Orthodontics Pvt Ltd, which operates dental care brand Toothsi and skin care services brand Skinnsi, is looking to raise ......

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PE firm WestBridge makes one of its single biggest bets

TMT

17 February, 2023

PE firm WestBridge makes one of its single biggest bets

Homegrown private equity firm WestBridge Capital has made one of its single biggest investment till date in a technology company. ......

Vedantu's losses widen on rising costs

TMT

31 January, 2023

Vedantu's losses widen on rising costs

Edtech unicorn Vedantu Innovation Pvt Ltd has widened its losses as the revenues jumped by 80%. The company’s losses increased ......

PhysicsWallah swims against layoff tide, set to hire 2,500 staff

TMT

30 January, 2023

PhysicsWallah swims against layoff tide, set to hire 2,500 staff

Westbridge Capital-backed edtech unicorn PhysicsWallah, on Monday announced plans to hire about 2,500 employees across its verticals over the next ......

Google-backed Adda247 elevates Chandan Singh to co-founder

People

09 January, 2023

Google-backed Adda247 elevates Chandan Singh to co-founder

Vernacular test preparation platform Adda247 on Monday elevated the company’s chief product officer Chandan Singh to its co-founder.  In his new ......