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Grapevine: Ola Electric to cut jobs; Softbank may offload more stake in Paytm

General

03 June, 2024

Grapevine: Ola Electric to cut jobs; Softbank may offload more stake in Paytm

Ola Electric is set to lay off 400-500 employees in the coming weeks as founder Bhavish Aggarwal intensifies efforts to ......

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Grapevine: Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

General

08 May, 2024

Grapevine: Blackstone, Temasek, Bain eye Haldiram; SoftBank may double down on Icertis

Private equity giants Blackstone, Temasek Holdings, and Bain Capital are weighing the acquisition of a controlling stake in Haldiram Snacks Food Pvt Ltd (HSFPL), a media ......

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Grapevine: CX Partners starts Veeda Clinical sale process; Ola CEO departs amid job cuts

General

30 April, 2024

Grapevine: CX Partners starts Veeda Clinical sale process; Ola CEO departs amid job cuts

CX Partners, a mid-market private equity firm, has started the process to divest its majority stake in Veeda Clinical Research, an ......

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Grapevine: Meesho may upsize funding round; Dorf Ketal plans IPO

General

16 April, 2024

Grapevine: Meesho may upsize funding round; Dorf Ketal plans IPO

Several VC firms are showing interest in Meesho's latest funding round, which is now expected to raise $500-$650 million (Rs 4,175-5,428 crore), ......

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Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

General

04 April, 2024

Grapevine: Lenskart, Purplle eye fresh funds; Blackstone changes tack for PGP Glass sale

are engaged in early discussions for fresh funding, indicating a resurgence in big-ticket deals exceeding $100 million, a media report said.   Lenskart ......

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Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware

General

26 March, 2024

Grapevine: Meesho set to snap up $300 mn; Carlyle weighs options for Hexaware

E-commerce platform Meesho is set to secure a $300-million (Rs 2,500 crore) investment from Tiger Global, SoftBank and others, a ......

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SoftBank's biggest India bet turning out to be its worst nightmare

TMT

29 February, 2024

SoftBank's biggest India bet turning out to be its worst nightmare

Japanese tech investment goliath SoftBank, known for its big-ticket private equity investments in Indian internet companies and who was on ......

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PremjiInvest sets course for nearly $200 mn exit with a multi-bagger

TMT

05 February, 2024

PremjiInvest sets course for nearly $200 mn exit with a multi-bagger

PremjiInvest, the family office of Wipro’s Azim Premji, has pressed the sell button on one of its most profitable bets, ......

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SoftBank headed for a big haircut from one of its showcase India bets

TMT

24 January, 2024

SoftBank headed for a big haircut from one of its showcase India bets

Japan’s SoftBank, known for its big-ticket private equity investments in new age tech companies in the country and who was on ......

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How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag

TMT

08 January, 2024

How one of SoftBank's smallest India bets is faring as Unicommerce gets $80 mn pre-IPO tag

Japanese technology investment goliath SoftBank, which has either exited or is in the process of exiting several of its portfolio ......