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Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions

General

08 July, 2024

Grapevine: DAM Capital eyes IPO; Vikram Pandit to exit JM Financial Credit Solutions

Boutique Indian dealmaker DAM Capital Advisors is considering a public float, a media report said. Veteran investment banker Dharmesh Mehta's DAM Capital, which ......

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Barring Byju's write-off, how Prosus' India portfolio fared in FY24

General

26 June, 2024

Barring Byju's write-off, how Prosus' India portfolio fared in FY24

Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a ......

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Grapevine: Everstone to merge two portfolio firms; Carraro Group's India unit mulls IPO

General

25 June, 2024

Grapevine: Everstone to merge two portfolio firms; Carraro Group's India unit mulls IPO

Everstone Capital is set to merge two of its healthcare portfolio companies, Translumina Therapeutics and Everlife Holdings, in preparation for an ......

Prosus writes off its 9.6% stake in Byju's

TMT

24 June, 2024

Prosus writes off its 9.6% stake in Byju's

Tech investor Prosus NV said it has written off the fair value of its 9.6% stake in Indian edtech firm Byju's ......

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Exclusive: Pine Labs looks at merger possibility with peer to brighten IPO prospects

TMT

30 May, 2024

Exclusive: Pine Labs looks at merger possibility with peer to brighten IPO prospects

Indian digital payments company Pine Labs, which is shifting its domicile back to India from Singapore, is likely looking at the ......

Prosus, parent Naspers appoint Fabricio Bloisi as new CEO

People

17 May, 2024

Prosus, parent Naspers appoint Fabricio Bloisi as new CEO

Dutch technology investor Prosus and its South African parent group Naspers on Friday named Fabricio Bloisi as the new chief executive, replacing ......

Briskpe, two others secure early-stage funding

TMT

29 April, 2024

Briskpe, two others secure early-stage funding

Fintech startup Briskpe and software-as-a-service (SaaS) startup Reelo secured early-stage funding, the companies said on Monday.   Briskpe   Briskpe has raised $5 million ......

SoftBank, Prosus-backed Swiggy gets shareholder nod for $1.25 bn IPO

TMT

25 April, 2024

SoftBank, Prosus-backed Swiggy gets shareholder nod for $1.25 bn IPO

Indian food and grocery delivery startup Swiggy has received approval from its shareholders for a $1.25 billion initial public offering, ......

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Grapevine: Sugar Cosmetics' VC backers eye exit; Azure Power may change hands

General

19 March, 2024

Grapevine: Sugar Cosmetics' VC backers eye exit; Azure Power may change hands

India-focused Malabar Investments is reportedly in discussions to acquire a stake in Mumbai-based Sugar Cosmetics through a secondary transaction worth ......

GenAI startup Ema nets $25 mn from Accel, Prosus, others

TMT

05 March, 2024

GenAI startup Ema nets $25 mn from Accel, Prosus, others

Technology startup Ema, short for Enterprise Machine Assistant, said Tuesday that it has raised $25 million (Rs 207 crore) in ......