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Two PE firms emerge as frontrunners for Dream11 stake

TMT

04 September, 2020

Two PE firms emerge as frontrunners for Dream11 stake

Two US-based institutional investors have emerged as frontrunners to invest in fantasy sports platform Dream11, two people privy to the ......

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

General

24 August, 2020

Grapevine: Piramal eyes debt from Apollo; GVK in talks with Adani, others for MIAL

Piramal Capital & Housing Finance (PCHF) is looking to raise a loan of up to $500 million (Rs 3,743 crore) ......

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Fund Scan: Well begun but only half done – why Multiples PE must lift its game

Finance

27 July, 2020

Fund Scan: Well begun but only half done – why Multiples PE must lift its game

On the evening of Monday, October 30, 2017, Multiples Alternate Asset Management Pvt. Ltd did something unusual – it invited ......

Grapevine: Kedaara to join Dream11 funding; 100% FDI likely in finished housing projects

General

20 July, 2020

Grapevine: Kedaara to join Dream11 funding; 100% FDI likely in finished housing projects

Homegrown Kedaara Capital is vying for a spot in the $200 million (about Rs 1,500 crore) fundraising exercise of fantasy ......

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Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn

TMT

11 March, 2020

Top-funded Indian startups' ad & marketing spends more than doubled to $1.35 bn

Backed with venture money, India’s best-funded startups went aggressive in attracting and retaining customers -- so much so that a ......

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Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%

Finance

03 March, 2020

Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%

Indian technology startups generated a neat treasury income, or income from investment of surplus cash pumped in by investors, with ......

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India's 50 best-funded startups clocked $5 bn revenue with $2.8 bn loss in FY19

TMT

02 March, 2020

India's 50 best-funded startups clocked $5 bn revenue with $2.8 bn loss in FY19

Indian tech startups, which had put a brake on cash burn in 2017-18 as investors started asking about visibility on ......

Grapevine: Investors may double Dream11 valuation; IL&FS likely to set up InvIT

General

19 February, 2020

Grapevine: Investors may double Dream11 valuation; IL&FS likely to set up InvIT

Several investors in fantasy sports platform Dream11 are in talks to undertake a secondary transaction that may value it at ......

Grapevine: Tiger Global closes mega fund, likely to lead Dream11 funding

General

27 January, 2020

Grapevine: Tiger Global closes mega fund, likely to lead Dream11 funding

New York-based Tiger Global Management has closed a $3.75 billion (about Rs 26,800 crore at current exchange rate) global private ......

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Ola investor Steadview Capital hires adviser for Indian tech deals

Finance

08 August, 2019

Ola investor Steadview Capital hires adviser for Indian tech deals

London-based hedge fund Steadview Capital has appointed an Indian investment professional to advise on its local technology-related deals, two persons ......