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Grapevine: True North plans an exit; Edelweiss Alts, CarDekho, Afcons in IPO news

General

03 October, 2024

Grapevine: True North plans an exit; Edelweiss Alts, CarDekho, Afcons in IPO news

Private equity firm True North is considering a complete exit from Shree Digvijay Cement Company, where it holds a 54.83% ......

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

General

09 December, 2019

Grapevine: RIL in talks with banks for Alok Industries; Temasek may invest in Licious

Reliance Industries Ltd (RIL) is in negotiations with State Bank of India (SBI), HDFC Bank and ICICI Bank to fund ......

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Danish investor buys into Aye Finance as Accion Venture Lab exits

Finance

10 January, 2019

Danish investor buys into Aye Finance as Accion Venture Lab exits

Seed-stage impact investor Accion Venture Lab has exited its four-year-old investment in non-banking financial company (NBFC) Aye Finance by selling ......

CapitalG's Kaushik Anand to join VC fund floated by former Sequoia execs

Finance

19 November, 2018

CapitalG's Kaushik Anand to join VC fund floated by former Sequoia execs

Kaushik Anand, the India head of CapitalG, will step down from the growth equity fund floated by Google parent Alphabet ......

Aye Finance raises Series C round from CapitalG, others

Finance

11 June, 2018

Aye Finance raises Series C round from CapitalG, others

Non-banking financial company Aye Finance Pvt. Ltd has raised Rs 147 crore ($21.5 million) in a Series C round of ......

SaaS firm Freshworks' new chatbot brings contextual messaging to engage users

TMT

19 September, 2017

SaaS firm Freshworks' new chatbot brings contextual messaging to engage users

Chennai-based Freshworks Technologies Pvt. Ltd., the Indian subsidiary of cloud-based customer engagement platform Freshworks Inc, has launched a consumer messaging ......

Tencent may lead $40 mn Series C round in CarDekho

TMT

06 September, 2017

Tencent may lead $40 mn Series C round in CarDekho

Chinese Internet giant Tencent is reportedly in early-stage discussions to invest in Jaipur-based Girnar Software Pvt. Ltd, which owns auto ......

FreshWorks' India arm saw profit, revenue more than double in FY16

TMT

29 August, 2017

FreshWorks' India arm saw profit, revenue more than double in FY16

Freshworks Technologies Pvt. Ltd, the wholly-owned Indian subsidiary of cloud-based customer engagement platform Freshworks Inc, more than doubled its revenue ......

Tiger Global may be part-exiting Flipkart with 3x return

TMT

21 March, 2017

Tiger Global may be part-exiting Flipkart with 3x return

One of the world's largest hedge funds Tiger Global, which is also the largest investor in Flipkart, may have struck ......

Flipkart may raise $1.5 bn from Tencent and eBay

TMT

16 March, 2017

Flipkart may raise $1.5 bn from Tencent and eBay

Homegrown e-commerce major Flipkart is in talks to raise $1.5 billion (Rs 10,000 crore) from Chinese Internet giant Tencent and ......