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Flashback 2018: M&As lead $100-bn plus record dealmaking spree; PE-VC funding flat

Finance

24 December, 2018

Flashback 2018: M&As lead $100-bn plus record dealmaking spree; PE-VC funding flat

Dealmaking in India hit a record high this year, crossing the milestone of $100 billion for the first time ever, ......

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Fund Scan: Can Lightspeed retain knack for trendspotting as it doubles down on India?

Finance

06 December, 2018

Fund Scan: Can Lightspeed retain knack for trendspotting as it doubles down on India?

Global venture capital firms started testing the waters of India’s startup ecosystem in the early years of the new millennium. ......

Singapore-based technology firm Grab invests $100 mn in OYO

TMT

05 December, 2018

Singapore-based technology firm Grab invests $100 mn in OYO

Budget hospitality chain OYO has raised Rs 732 crore ($104 million at current exchange rates) from Singapore-based ride-hailing company Grab ......

Tata Sons rejects plan to buy Prabhat Dairy; Go-Jek may back Mobile Premier League

General

03 December, 2018

Tata Sons rejects plan to buy Prabhat Dairy; Go-Jek may back Mobile Premier League

Tata Global Beverages’ proposal to purchase Prabhat Dairy Ltd for about Rs 400 crore has been rejected by Tata Sons ......

SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain

Finance

05 November, 2018

SoftBank Q2 profit soars 78% on Flipkart stake sale, Oyo valuation gain

SoftBank Group Corp’s profit for the quarter through September jumped 78%, helped by gains from the sale of its stake ......

KKR eyes stake in Aadhar Housing; OMERS among suitors for IL&FS road projects

General

18 October, 2018

KKR eyes stake in Aadhar Housing; OMERS among suitors for IL&FS road projects

Private equity firm KKR is in preliminary discussions to acquire a controlling stake in Aadhar Housing Finance Ltd, Mint reported. Citing ......

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Why OYO's billion-dollar fundraise can't hide sustained slowdown in startup funding

TMT

04 October, 2018

Why OYO's billion-dollar fundraise can't hide sustained slowdown in startup funding

Walmart acquired Flipkart, Paytm became Warren Buffett-led Berkshire Hathaway’s first bet in India, and SoftBank-backed OYO is now valued more ......

OYO, PharmEasy among top tech firms to get VC funding this week

TMT

28 September, 2018

OYO, PharmEasy among top tech firms to get VC funding this week

Budget hospitality chain OYO stormed into the prized unicorn club after it raised $1 billion in a fresh funding round ......

SoftBank fund, Sequoia & others to pump $1 bn into OYO

TMT

25 September, 2018

SoftBank fund, Sequoia & others to pump $1 bn into OYO

Budget hospitality chain OYO said on Tuesday it will raise $1 billion (around Rs 7,300 crore at current exchange rates) ......

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

General

03 September, 2018

Didi Chuxing, WeWork may back OYO; General Atlantic, Temasek eye stake in Byju's

Budget hospitality chain OYO is looking to raise money from Chinese ride-hailing firm Didi Chuxing and shared workspace provider WeWork, ......