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Grapevine: Norwest, others to pile into used car retailer Spinny

General

27 November, 2019

Grapevine: Norwest, others to pile into used car retailer Spinny

Three new investors as well as two existing investors are participating in a $50 million (Rs 357 crore at current ......

Chiratae, SAIF lead Series B funding in social commerce platform WMall

TMT

20 November, 2019

Chiratae, SAIF lead Series B funding in social commerce platform WMall

Social commerce platform WMall has raised around Rs 64 crore ($8.90 million at current exchange rates) in a Series B ......

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How ChrysCapital's partial exit from drugmaker panned out

Finance

08 November, 2019

How ChrysCapital's partial exit from drugmaker panned out

ChrysCapital has sold another chunk of its stake in a Mumbai-based drugmaker, as the homegrown private equity firm positions itself ......

Urban Ladder gets more money from existing investors

TMT

06 November, 2019

Urban Ladder gets more money from existing investors

Bengaluru-based omnichannel furniture retailer Urban Ladder Home Décor Solutions Pvt. Ltd has secured Rs 15 crore ($2.1 million) as fresh ......

ICICI Lombard to buy SAIF-backed Unbox's software, assets for about $32 mn

TMT

01 November, 2019

ICICI Lombard to buy SAIF-backed Unbox's software, assets for about $32 mn

ICICI Lombard General Insurance Company Ltd has agreed to acquire the software and assets of Unbox Technologies Pvt. Ltd, which ......

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ShareChat backers SAIF, India Quotient bet on new social networking app

TMT

17 October, 2019

ShareChat backers SAIF, India Quotient bet on new social networking app

SAIF Partners and India Quotient, which were early investors in homegrown vernacular social media platform ShareChat, have invested in a ......

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

General

30 September, 2019

Grapevine: Goldman invests in Ozone park; HDFC Capital Advisors may raise $1 bn

Global institutional investor Goldman Sachs Group has invested around Rs 500 crore ($70.8 million at current exchange rate) in Chennai ......

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Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Consumer

25 September, 2019

Tiger Global-backed Chaayos refills its cuppa, gets a valuation bump

Sunshine Teahouse Pvt. Ltd, which runs tea café chain Chaayos, has raised fresh capital at a higher valuation, a person ......

SME lender Aye Finance raises debt funding worth $11 mn

Finance

17 September, 2019

SME lender Aye Finance raises debt funding worth $11 mn

Fintech lender Aye Finance, backed by multi-stage investor SAIF Partners and Google's venture capital arm CapitalG, said it has raised ......

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SAIF Partners fully exits private-sector lender with weak returns

Finance

09 September, 2019

SAIF Partners fully exits private-sector lender with weak returns

SAIF Partners has fully exited its six-year-old investment in a private-sector bank with poor returns—a rare case of below-par performance ......