Peak XV Partners
TMT
How Covid-19 pushed Warburg-backed Capillary to change tack in growth drive
When Covid-19 first hit businesses worldwide three years ago, software-as-a-service company Capillary Technologies India Ltd counted Asia as its main ......
General
Grapevine: SoftBank sells stake in IPO-bound firm; Byju's fires more staff
Japan’s SoftBank Group has sold its stake in an IPO-bound e-commerce firm, a media report said. Three Indian family investment offices ......
General
Grapevine: JSW eyes Teck's coal business; Peak XV may back asset manager
Billionaire Sajjan Jindal-led JSW Steel Ltd is considering buying a 75% interest in Elk Valley Resources, the steelmaking coal business ......
TMT
Offshore online gaming firms must register business in India or appoint proxy to pay tax
The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint ......
People
Peak XV-backed MPL to lay off 350 employees to "survive" after gaming tax
Indian gaming app Mobile Premier League will lay off 350 employees as it takes steps to "survive" a tax imposed ......
Finance
Peak XV to hold CEOs meet for first time after Sequoia split
India's biggest venture capital firm Peak XV Partners has organised a meeting of its more than 200 investee companies next ......
TMT
Tiger Global, ChrysCap, Peak XV say gaming tax puts plan to invest $4 bn at risk
Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi ......
Finance
TPG, KKR-backed Five-Star Business' CEO on growth areas, fintech competition and more
Non-banking financial company (NBFC) Five-Star Business Finance Ltd counts private equity firms KKR and TPG as well as venture capital ......
TMT
PingSafe, six others secure early-stage funding
Cybersecurity startup PingSafe, artificial intelligence (AI)-based platform Gushworks.ai, hyperlocal delivery services startup Dusminute, apparel maker Louis Stitch, AI startup Vodex, ......
People
Byju's ropes in former upGrad CEO to oversee international business
Embattled edtech major Byju's has roped in upGrad's former chief Arjun Mohan to oversee its international business, as it continues ......
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