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Weekly Deals Wrap: Total value plunges even as tech startups continue to grab headlines

Finance

20 August, 2021

Weekly Deals Wrap: Total value plunges even as tech startups continue to grab headlines

Deal value across private equity, venture capital and mergers and acquisitions declined about 70% sequentially this week to $920 million ......

Shell Ventures, Yamaha India, others invest $52 mn Series C funding in Rapido

Consumer

16 August, 2021

Shell Ventures, Yamaha India, others invest $52 mn Series C funding in Rapido

Bengaluru-based bike taxi platform Rapido suffered losses from the Covid-19 lockdowns but investor focus has returned to the mobility space ......

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

General

27 April, 2021

Grapevine: Wellness Forever to float this year; Rapido looking to raise funding

Wellness Forever, an omnichannel retail pharmacy chain, is looking to raise up to Rs 1,200 crore in an initial public ......

Lightrock, Kalaari, others pump more money in scooter rental startup Vogo

Consumer

18 February, 2021

Lightrock, Kalaari, others pump more money in scooter rental startup Vogo

Vogo Automotive Pvt Ltd, a shared scooter rental startup, has raised $11.5 million (Rs 83 crore) in an extended Series ......

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

General

29 November, 2019

Grapevine: Xiaomi may invest in Rapido; American PE firms eye Syska LED stake

Smartphone maker Xiaomi is looking to invest in a $75 million (Rs 538 crore at current exchange rate) round of ......

WestBridge leads $55 mn Series B round in Rapido

Consumer

27 August, 2019

WestBridge leads $55 mn Series B round in Rapido

Roppen Transportation Services Pvt. Ltd, which runs bike pooling and taxi startup Rapido, has raised Rs 391 crore ($54.6 million ......

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

General

20 August, 2019

Grapevine: DHFL parent to sell loan distribution unit; Rapido buys analytics startup

Dewan Housing Finance Corp. Ltd (DHFL)’s parent Wadhawan Global Capital (WGC) is selling its loan distribution business to a London-based ......

Grapevine: Amazon likely to buy into Future Retail; WestBridge may invest in Rapido

General

13 August, 2019

Grapevine: Amazon likely to buy into Future Retail; WestBridge may invest in Rapido

In a move to boost its bricks-and-mortar footprint in India, Amazon.com, Inc. is in advanced discussions to buy up to ......

Grapevine: Brookfield, RIL set to ink tower deal; WestBridge may bet on Rapido

General

12 June, 2019

Grapevine: Brookfield, RIL set to ink tower deal; WestBridge may bet on Rapido

Canadian investment firm Brookfield Asset Management and billionaire Mukesh Ambani-led Reliance Industries Ltd are likely to sign a term sheet ......

Nexus Venture Partners leads Series A round in bike pooling startup Rapido

TMT

24 April, 2019

Nexus Venture Partners leads Series A round in bike pooling startup Rapido

Hyderabad-registered Roppen Transportation Services Pvt. Ltd, which runs bike pooling and taxi startup Rapido, has raised about $11.2 million (Rs ......