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Offshore online gaming firms must register business in India or appoint proxy to pay tax

TMT

11 August, 2023

Offshore online gaming firms must register business in India or appoint proxy to pay tax

The Indian government has mandated offshore online gaming companies operating in the country to register the business locally or appoint ......

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Deals Digest: M&A deals hog the limelight as funding activity slows

TMT

04 August, 2023

Deals Digest: M&A deals hog the limelight as funding activity slows

Private equity and venture capital dealmaking slowed this week compared with the week before but there was a notable increase in merger and acquisition activities.  This ......

Tiger Global buys into PE firm Apollo Global in shift from tech bets

Finance

04 August, 2023

Tiger Global buys into PE firm Apollo Global in shift from tech bets

Chase Coleman's Tiger Global has built a big stake in private equity firm Apollo Global as the hedge fund looks ......

Tiger Global-backed DealShare CEO Vineet Rao steps down

People

31 July, 2023

Tiger Global-backed DealShare CEO Vineet Rao steps down

Social commerce unicorn DealShare’s co-founder Vineet Rao has stepped down from his role as chief executive officer as the company ......

Walmart buys Tiger Global's stake in Flipkart at $35-bn valuation

TMT

31 July, 2023

Walmart buys Tiger Global's stake in Flipkart at $35-bn valuation

Walmart has paid $1.4 billion to buy out hedge fund Tiger Global's investment in e-commerce firm Flipkart, the Wall Street ......

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Spotlight: How Infra.Market intends to stay in the fast lane as sales, profit jump

TMT

26 July, 2023

Spotlight: How Infra.Market intends to stay in the fast lane as sales, profit jump

Business-to-business construction material marketplace Infra.Market plans to expand its product portfolio and lift exports as part of efforts to sustain ......

Tiger Global, ChrysCap, Peak XV say gaming tax puts plan to invest $4 bn at risk

TMT

21 July, 2023

Tiger Global, ChrysCap, Peak XV say gaming tax puts plan to invest $4 bn at risk

Tiger Global, Peak XV and Steadview Capital are among 30 foreign and domestic investors asking Indian Prime Minister Narendra Modi ......

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Lybrate founders ask for dues from Pristyn Care acquisition, get suspended

TMT

20 July, 2023

Lybrate founders ask for dues from Pristyn Care acquisition, get suspended

Healthtech platform Pristyn Care has suspended Rahul Narang and Saurabh Arora, the founders of Lybrate Inc., a day after the ......

Government levies indirect tax on online gaming companies

TMT

11 July, 2023

Government levies indirect tax on online gaming companies

India on Tuesday decided to impose a 28% indirect tax on the turnover of online gaming companies, a state minister ......

Battery Smart snags $33 mn as EIF, BII join cap table

TMT

06 July, 2023

Battery Smart snags $33 mn as EIF, BII join cap table

Battery swapping network platform for electric two and three-wheelers Battery Smart, on Thursday, said that it has raised pre-Series B ......