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SEBI proposal to relax promoter definition and lock-ins finds favour with PEs

Markets

13 May, 2021

SEBI proposal to relax promoter definition and lock-ins finds favour with PEs

The Securities and Exchange Board of India’s proposal to review the regulatory framework for the classification of promoter groups is ......

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Are Bessemer, Investcorp poised for windfall from Medi Assist's IPO?

Finance

11 May, 2021

Are Bessemer, Investcorp poised for windfall from Medi Assist's IPO?

Bengaluru-based Medi Assist Healthcare Services Limited, which manages claims related to health insurance, has filed draft papers for an initial ......

Grapevine: Flipkart to raise funding; Gemini Edibles ropes in banks for IPO

General

11 May, 2021

Grapevine: Flipkart to raise funding; Gemini Edibles ropes in banks for IPO

Walmart-owned ecommerce firm Flipkart is looking to raise over $1 billion from a clutch of new investors before a potential ......

Grapevine: Zomato to invest in Grofers; Buyers shortlisted for govt stake in SCI

General

07 May, 2021

Grapevine: Zomato to invest in Grofers; Buyers shortlisted for govt stake in SCI

Food delivery unicorn Zomato is looking to invest about $100 million (Rs 736 crore) in Grofers as the online grocery ......

Grapevine: Frontrunners emerge for HGS unit; Nirma Group company to file for IPO

General

06 May, 2021

Grapevine: Frontrunners emerge for HGS unit; Nirma Group company to file for IPO

Baring Private Equity Asia and Everstone Capital have emerged as frontrunners to buy a controlling stake in the healthcare vertical ......

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Kerala-based Maruti dealer ropes in bankers to drive into the bourses

Consumer

05 May, 2021

Kerala-based Maruti dealer ropes in bankers to drive into the bourses

Popular Vehicles & Services Pvt Ltd, a Kochi-based dealer for Maruti Suzuki, has snapped up three banks to go public, ......

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

General

03 May, 2021

Grapevine: CarTrade to file draft papers for IPO; Mogae Media buys Rediffusion

Auto classifieds platform CarTrade is set to file draft papers for an initial public offering (IPO), two people told Mint.  “CarTrade ......

Zomato IPO: How the numbers stack up in a 13-year journey

TMT

28 April, 2021

Zomato IPO: How the numbers stack up in a 13-year journey

Zomato has filed its draft red herring prospectus (DRHP) for an initial public offering (IPO) of up to Rs 8,250 ......

Naukri parent Info Edge to sell stake worth $100 mn in Zomato's upcoming IPO

TMT

28 April, 2021

Naukri parent Info Edge to sell stake worth $100 mn in Zomato's upcoming IPO

Info Edge (India) Ltd, the operator of internet properties such as Naukri and Jeevan Sathi, said it plans to make ......

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

General

27 April, 2021

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

Wellness Forever, an omnichannel retail pharmacy chain, is looking to raise up to Rs 1,200 crore in an initial public ......