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Sachin Bansal's Navi eyes two insurers as talks for another hit a wall

Finance

27 October, 2020

Sachin Bansal's Navi eyes two insurers as talks for another hit a wall

Navi Technologies Pvt. Ltd, the financial services company set up by Flipkart co-founder Sachin Bansal, has set sights on two ......

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

General

28 August, 2020

Grapevine: Merger proposal for Lakshmi Vilas Bank hits rocks; Sachin Bansal to buy insurer

The proposed majority stake acquisition of cash-starved Lakshmi Vilas Bank by AION Capital-backed SME lender Clix Capital may be called ......

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

General

19 August, 2020

Grapevine: Times Group to sell minority stake in web arm; T Rowe to up UTI Trustee holding

Bennett Coleman & Co. Ltd (BCCL), also known as Times Group, is looking to sell around 10% stake in its ......

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SAIF-backed Bobble AI bounces back after down round; Xiaomi, angels big gainers

TMT

14 August, 2020

SAIF-backed Bobble AI bounces back after down round; Xiaomi, angels big gainers

Software and application developer Bobble AI, operated by Talent Unlimited Online Services Pvt. Ltd, has secured funding from a new ......

Electric scooter maker Ather Energy snags fresh funding from Hero MotoCorp

TMT

24 July, 2020

Electric scooter maker Ather Energy snags fresh funding from Hero MotoCorp

Electric scooter maker Ather Energy Pvt. Ltd has raised Rs 84 crore ($11.21 million) from existing backer Hero MotoCorp Ltd ......

Gaja Capital, former HDFC Bank honcho back Sachin Bansal; value Navi Tech at $558 mn

Finance

14 April, 2020

Gaja Capital, former HDFC Bank honcho back Sachin Bansal; value Navi Tech at $558 mn

Navi Technologies Pvt. Ltd, the financial services company set up by Flipkart co-founder Sachin Bansal, has raised funding from mid-market ......

Paragon Partners, others invest in lending startup SMEcorner

Finance

02 March, 2020

Paragon Partners, others invest in lending startup SMEcorner

Homegrown mid-market private equity firm Paragon Partners has led a new round of funding in SMEcorner, a microlending platform for ......

Sachin Bansal quits Ujjivan Small Finance Bank board as he awaits bank licence

Finance

28 January, 2020

Sachin Bansal quits Ujjivan Small Finance Bank board as he awaits bank licence

Flipkart co-founder Sachin Bansal has resigned from the board of Ujjivan Small Finance Bank after a company he owns sought ......

Grapevine: Oberoi Realty joins Lavasa race; Sachin Bansal firming up banking plan

General

21 January, 2020

Grapevine: Oberoi Realty joins Lavasa race; Sachin Bansal firming up banking plan

Mumbai real estate company Oberoi Realty Ltd and US-based financial services firm Interups Inc. have joined the race to acquire ......

Sachin Bansal's Navi buys insurer, seeks bank licence; IFC values firm at $660 mn

Finance

10 January, 2020

Sachin Bansal's Navi buys insurer, seeks bank licence; IFC values firm at $660 mn

Flipkart co-founder Sachin Bansal has acquired a general insurance company and applied for a bank licence, as he takes rapid ......