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Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Consumer

08 October, 2024

Grapevine: Jupiter may pick stake in SBM Bank; BluSmart in talks for funding

Neobanking startup Jupiter is said to be pursuing talks to acquire a stake of up to 26% in SBM Bank ......

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Grapevine: KKR, GIC eye Carlyle's Nxtra stake; Reliance Retail Ventures to raise funds

General

30 May, 2024

Grapevine: KKR, GIC eye Carlyle's Nxtra stake; Reliance Retail Ventures to raise funds

Private equity firm Carlyle Group has initiated formal discussions with potential buyers to sell its 24% stake in the data center subsidiary ......

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Bharti Airtel's Africa unit set to bag a big cheque from offshore investor

TMT

01 May, 2024

Bharti Airtel's Africa unit set to bag a big cheque from offshore investor

Airtel Africa Plc, which is listed on the London Stock Exchange and is a subsidiary of India’s Bharti Airtel, is ......

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Grapevine: General Atlantic mulls Rubicon IPO; Airtel Eyes Vodafone's Indus Stake

General

24 April, 2024

Grapevine: General Atlantic mulls Rubicon IPO; Airtel Eyes Vodafone's Indus Stake

Private equity firm General Atlantic is in talks with investment banks for an initial public offering (IPO) of its majority-owned portfolio company, ......

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Grapevine: ITC eyes Prataap Snacks; GIC, KKR join race for Carlyle's stake in Airtel's data centre

General

22 February, 2024

Grapevine: ITC eyes Prataap Snacks; GIC, KKR join race for Carlyle's stake in Airtel's data centre

ITC is reportedly considering acquisition of a 47% stake held by Peak XV Partners (formerly Sequoia Capital) in Prataap Snacks, ......

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Deals Digest: Companies raise $2.75 bn this week; DealShare, Darwinbox turn unicorns

Consumer

28 January, 2022

Deals Digest: Companies raise $2.75 bn this week; DealShare, Darwinbox turn unicorns

Companies raised $2.75 billion in venture capital (VC) and private equity (PE) funding this week, helped by two massive investments ......

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Infrastructure pumps up M&A value in post-pandemic quarter

Finance

15 April, 2021

Infrastructure pumps up M&A value in post-pandemic quarter

The pandemic has been plotting a comeback in April. The January-March period, by contrast, was seen as a post-pandemic quarter ......

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Marquee PE firm in talks to buy controlling stake in internet service provider ACT

TMT

13 October, 2020

Marquee PE firm in talks to buy controlling stake in internet service provider ACT

A global private equity firm is in control-deal talks with Atria Convergence Technologies Ltd (ACT), India’s largest non-telco internet service ......

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India Inc's legal costs soar most in four years; Reliance regains top rank

Finance

19 September, 2019

India Inc's legal costs soar most in four years; Reliance regains top rank

India Inc’s legal expenses grew at the fastest pace in at least four years for the 12 months to March-end ......

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Temasek takes haircut as it trims stake in second bet on infra firm

Infrastructure

05 February, 2019

Temasek takes haircut as it trims stake in second bet on infra firm

Singapore’s Temasek Holdings appears to have taken another haircut on its investment in an Indian infrastructure company. The state-owned private-equity style ......