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James Murdoch's Bodhi Tree slashes planned investment in Reliance's Viacom18

TMT

14 April, 2023

James Murdoch's Bodhi Tree slashes planned investment in Reliance's Viacom18

Reliance Industries Ltd's Viacom18 will receive an investment of 43.06 billion rupees ($527.84 million) from Bodhi Tree, about 70% less ......

Now PhonePe allows users for cross-border transactions via UPI

Finance

07 February, 2023

Now PhonePe allows users for cross-border transactions via UPI

Digital payments platform PhonePe on Tuesday said it has launched support for cross-border payments through unified payments interface (UPI), allowing ......

Rebel Foods' losses widen 55% with sharp rise in costs

Finance

22 November, 2022

Rebel Foods' losses widen 55% with sharp rise in costs

Sequoia-backed cloud kitchen brand Rebel Foods Pvt. Ltd widened its net loss by 55% in the last financial year as ......

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Walmart will boost Flipkart with $3 bn to challenge rivals

TMT

26 October, 2022

Walmart will boost Flipkart with $3 bn to challenge rivals

Flipkart, the e-commerce platform operated by Walmart Inc., is considering raising $2-3 billion at a valuation of more than $40 ......

James Murdoch, Uday Shankar to lead Rs 13,500 cr investment in Reliance-owned Viacom18

TMT

28 April, 2022

James Murdoch, Uday Shankar to lead Rs 13,500 cr investment in Reliance-owned Viacom18

Reliance Industries and Viacom18 have entered into a strategic partnership with Bodhi Tree Systems, an investment platform owned by Rupert ......

Byju's inks deal with QIA to build MENA focused subsidiary in Doha

TMT

28 March, 2022

Byju's inks deal with QIA to build MENA focused subsidiary in Doha

Edtech firm Byju’s on Monday said it has entered into a pact with sovereign wealth fund Qatar Investment Authority (QIA) ......

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, ......

Rebel Foods net loss narrows as expenses dip over 25% in FY21

Consumer

14 January, 2022

Rebel Foods net loss narrows as expenses dip over 25% in FY21

Quick service restaurant (QSR) company Rebel Foods Pvt Ltd’s net loss narrowed in 2020-21 (FY21) from a year earlier, as the company, which owns brands ......

Faasos parent Rebel Foods picks up minority stake in Hyderabad momo brand Zomoz

Consumer

02 November, 2021

Faasos parent Rebel Foods picks up minority stake in Hyderabad momo brand Zomoz

Recently-turned unicorn, Rebel Foods Pvt Ltd, which owns brands like Faasos and Behrouz Biryani has picked up a minority stake ......

State investors step up unicorn hunt as valuations swell

TMT

14 October, 2021

State investors step up unicorn hunt as valuations swell

Sovereign wealth and public pension funds are piling into venture capital mega-deals beyond Silicon Valley even as frothy valuations raise ......