Flipkart
General
Grapevine: Zepto set to raise fresh funds; Flipkart-backed Shadowfax mulls IPO
Zepto is set to raise $310 million (about Rs 2500 crore), boosting its valuation to $5 billion—a 40% increase from its ......
TMT
ByteXL, Honestly, two others raise early-stage funding
AI-powered beauty platform Honestly, edtech platform byteXL, urban transit services provider Mypickup and deeptech startup Protonas were among the four ......
General
Grapevine: Platinum Equity makes first India bet; Flipkart ropes in former SoftBank exec
US-based buyout fund Platinum Equity Advisors has struck its maiden bet in India as it acquired a stake in a Mumbai-based pharmaceutical ......
General
Grapevine: Everstone to merge two portfolio firms; Carraro Group's India unit mulls IPO
Everstone Capital is set to merge two of its healthcare portfolio companies, Translumina Therapeutics and Everlife Holdings, in preparation for an ......
Consumer
TMRW invests in Accel-backed Wrogn to expand house of brands
Aditya Birla Group's house of apparel brands TMRW has said it is investing Rs 125 crore (around $15 million as per ......
TMT
Google to invest $350 mn in Flipkart at $37 bn valuation
Alphabet's Google will pick up a minority stake worth $350 million in Walmart-backed Flipkart, valuing the Indian e-commerce firm at ......
TMT
Deals Digest: KKR, Google ink key transactions but total volumes fall this week
The number of Indian companies that raised funding from private equity and venture capital investors declined this week although tech ......
Finance
Former Tiger Global, 3one4 executives float asset management firm
A former executive of Tiger Global has teamed up with another from 3one4 Capital to set up an investment firm ......
General
Grapevine: Reliance Retail mulls entry into diagnostics; TPG, OTPP compete for Altimetrik
Reliance Retail Ventures, owned by Mukesh Ambani, is gearing up for a foray into the lucrative $150 billion (Rs 12.5 ......
People
VC-backed Rozana onboards former xto10x partner as co-founder
Rural commerce startup Rozana, which counts Bertelssman India Investments and Fireside Ventures as investors, has onboarded a former executive from ......