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PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

Finance

31 March, 2022

PayU, CMS Info Systems in race to pick majority stake in payment solutions firm

European technology company Prosus-owned PayU, and the country’s leading cash management firm CMS Info Systems, are in race to acquire ......

SoftBank-backed Eruditus secures $350 mn debt funding for M&As

Consumer

08 March, 2022

SoftBank-backed Eruditus secures $350 mn debt funding for M&As

Edtech unicorn Eruditus Education Pvt Ltd on Tuesday said it has raised  $350 million (about Rs 2,696 crore) in debt ......

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Prosus-owned PayU eyes Indian gig-economy fintechs

Finance

27 January, 2022

Prosus-owned PayU eyes Indian gig-economy fintechs

Prosus-owned PayU, which made the most expensive acquisition in the Indian fintech landscape last year, is now aiming to snap ......

Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation

TMT

24 January, 2022

Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation

Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has raised $700 million in a funding round led by Invesco, ......

Swiggy nears $700 mn raise at over $10 bn valuation

Consumer

01 December, 2021

Swiggy nears $700 mn raise at over $10 bn valuation

Foodtech major Swiggy is nearing close of its $700 million fresh fundraise, which could potentially value the startup between $10 ......

Prosus' India biz sees uptick as Swiggy stages strong recovery, PayU India drives global growth

Finance

22 November, 2021

Prosus' India biz sees uptick as Swiggy stages strong recovery, PayU India drives global growth

Consumer internet group Prosus India’s business staged a "strong recovery" in its food delivery segment, while its payments and fintech ......

PharmEasy parent API Holdings files for Rs 6,250 crore  IPO

Healthcare

10 November, 2021

PharmEasy parent API Holdings files for Rs 6,250 crore IPO

PharmEasy parent API Holdings has filed a draft red herring prospectus (DRHP) with the Securities Exchange Board of India (SEBI) ......

Agritech startup DeHaat raises $115 mn Series D funding led by Sofina, Lightrock India

TMT

26 October, 2021

Agritech startup DeHaat raises $115 mn Series D funding led by Sofina, Lightrock India

Agritech platform DeHaat has raised $115 million as a part of its Series D funding round led by Belgium-based investment ......

Meesho raises $570 mn; valuation more than doubles to $4.9 bn

Consumer

30 September, 2021

Meesho raises $570 mn; valuation more than doubles to $4.9 bn

Social commerce platform Meesho on Thursday said it has raised $570 million led by Fidelity Management & Research  and Facebook ......

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Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

Finance

10 September, 2021

Weekly Deals Wrap: Cars24 tops chart with massive funding but deal value sees sharp drop on muted M&As

The overall deal value saw an over seven-fold steep fall this week from the preceding one, despite deep-pocketed edtech giant ......