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Grapevine: Adani may exit Wilmar JV; Blackstone looks to sell realty assets

General

09 August, 2023

Grapevine: Adani may exit Wilmar JV; Blackstone looks to sell realty assets

Billionaire Gautam Adani-led Adani Enterprises Ltd is looking to sell its stake in its joint venture with Singapore’s Wilmar International, a media report said.   Adani Enterprises has ......

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Bottomline: CarDekho grows FY23 revenue even as dependence on used-car business wanes

TMT

06 July, 2023

Bottomline: CarDekho grows FY23 revenue even as dependence on used-car business wanes

Girnar Software Pvt. Ltd, the holding company for automobile e-marketplace CarDekho, insurtech platform InsuranceDekho and lendingtech platform Rupyy, among others, ......

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Need review systems after task delegation, say panellists at VCCircle Founders' Forum

People

15 June, 2023

Need review systems after task delegation, say panellists at VCCircle Founders' Forum

Startup founders often choose delegation as a method to manage tasks more efficiently, however, it is key to maintain a ......

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PE firm TVS Capital hires McKinsey exec as managing partner

People

08 June, 2023

PE firm TVS Capital hires McKinsey exec as managing partner

Domestic private equity player TVS Capital Funds, a backer of companies like PhonePe, InsuranceDekho, Digit Insurance, Five Star Business Finance ......

Goldman Sachs-backed InsuranceDekho makes second bet in two weeks

TMT

19 April, 2023

Goldman Sachs-backed InsuranceDekho makes second bet in two weeks

InsuranceDekho, the insurance arm of used-car platform CarDekho, has made its second acquisition in less than two weeks. InsuranceDekho, operated by ......

InsuranceDekho acquires Sequoia-backed SME insurance firm Verak

General

04 April, 2023

InsuranceDekho acquires Sequoia-backed SME insurance firm Verak

Investcorp-backed InsuranceDekho, which raised $150 million in one of the largest Series A rounds across the country, on Tuesday said ......

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Deals Digest: Deal volume halves as funding slumps this week

TMT

17 February, 2023

Deals Digest: Deal volume halves as funding slumps this week

Deal volume nearly halved as venture capital and private equity funding activity saw a slight dip this week. Besides, mergers ......

Goldman, TVS lead $150 million round in InsuranceDekho

Finance

14 February, 2023

Goldman, TVS lead $150 million round in InsuranceDekho

New York-based Goldman Sachs Asset Management and homegrown mid-market private-equity firm TVS Capital Funds led a $150 million (about ₹1,240 ......

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CarDekho bets on lending, insurance biz ahead of IPO

TMT

21 December, 2022

CarDekho bets on lending, insurance biz ahead of IPO

CarDekho, run by Girnar Software Pvt. Ltd, is sharpening focus on its insurance platform InsuranceDekho even as it scales down ......

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CarDekho unit InsuranceDekho eyes first external funding at nearly $750 mn valn

TMT

19 April, 2022

CarDekho unit InsuranceDekho eyes first external funding at nearly $750 mn valn

InsuranceDekho, a unit of automotive portal CarDekho, is all set to raise at least $100 million (₹762 crore) in its ......