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Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

Consumer

27 November, 2020

Battle of the billionaires: Bezos, Ambani gun for India retail supremacy

Jeff Bezos and Mukesh Ambani, two of the world's richest men, face a turning point in a battle for preeminence ......

NSE warned Future Retail of action over disclosures on Amazon dispute

Consumer

25 November, 2020

NSE warned Future Retail of action over disclosures on Amazon dispute

National Stock Exchange (NSE) privately warned Future Retail it risked regulatory action for not making timely market disclosures about efforts ......

Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival

General

11 November, 2020

Grapevine: Kedaara to raise $1 bn; Google, others eye local tie-ups to set up NPCI rival

Poised to become the largest homegrown private equity brand, Kedaara Capital is looking to raise a billion dollars (about Rs ......

Grapevine: Apis Partners to bet on Cashfree; e-tailers eye Aditya Birla Fashion stake

General

22 October, 2020

Grapevine: Apis Partners to bet on Cashfree; e-tailers eye Aditya Birla Fashion stake

Payment gateway startup Cashfree is in advanced talks to raise up to $25 million (about Rs 184 crore) from new ......

Munich Re's VC arm backs online insurer Acko in first India bet

TMT

16 September, 2020

Munich Re's VC arm backs online insurer Acko in first India bet

Insurance startup Acko Technology & Services Pvt Ltd said on Wednesday it has raised $60 million (Rs 441.4 crore). The round ......

Sensex, Nifty rise on trade-deal hopes; Reliance Industries jumps

Markets

23 July, 2020

Sensex, Nifty rise on trade-deal hopes; Reliance Industries jumps

Indian shares climbed on Thursday as signs of New Delhi and Washington getting closer to agreeing to a trade deal ......

Grapevine: M&M eyes PE cash for EV biz; Amazon, others circle Future Group logistics biz

General

19 June, 2020

Grapevine: M&M eyes PE cash for EV biz; Amazon, others circle Future Group logistics biz

Mahindra & Mahindra (M&M) is looking to attract private equity funding for its decade-old electric vehicle business, which marks a ......

Amazon-backed BankBazaar gets new investor in extended Series D round

TMT

02 June, 2020

Amazon-backed BankBazaar gets new investor in extended Series D round

A & A Dukaan Financial Services Pvt. Ltd, which operates online financial services marketplace BankBazaar, has raised Rs 45 crore ......

Grapevine: Munich Re to lead funding in Acko

General

02 June, 2020

Grapevine: Munich Re to lead funding in Acko

Munich Re Ventures is in the final stages of leading an up to $70 million financing round in Acko Technology ......

Grapevine: Biyani to sell more stake in Future Retail to Amazon

General

07 May, 2020

Grapevine: Biyani to sell more stake in Future Retail to Amazon

Cash-strapped Kishore Biyani is offering to sell a significant stake in Future Retail to Amazon to pare debt levels. Future Group ......