Zomato
TMT
After signing off from Paytm, Alibaba affiliate inks near 5x exit move in India
China’s Alibaba Group, which sold its stake in Paytm parent One97 Communications Ltd earlier this year after virtually writing off ......
Infrastructure
SoftBank logs another sub-par exit move in India
Japanese technology investment giant SoftBank, which has been on a harvest spree in India having divested shares of Paytm, FirstCry, ......
TMT
Temasek clocks partial exit from India portfolio amid hectic dealmaking
Singapore state investment firm Temasek has made a partial exit from an Indian company, marking at least its second liquidity move ......
TMT
SoftBank nears more than $350 mn India exit
Japanese technology investment goliath SoftBank, which has been on a harvest spree in India having offloaded shares of Paytm, FirstCry ......
TMT
Tiger Global wraps up fourth full exit in India this year pocketing over $310 mn
Tiger Global, one of the most celebrated and prolific international venture capital investors in the Indian startup ecosystem and credited with spawning ......
General
Grapevine: RIL may sell more stake in retail arm; Ather Energy defers funding plan
Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to sell more stake in its retail arm to fund expansion, retire debt and ......
TMT
Swiggy valuation cut again, now less than half its peak $10.7 bn tag
A US-based public markets investor has again cut its estimate of Indian food delivery unicorn Swiggy's valuation even as the ......
Finance
CPPIB's India exposure tops C$20 bn, doubles in three years
Canada Pension Investment Plan Board (CPPIB) increased its net assets in India by 11% in the fiscal year through March 2023, ......
Finance
Private equity exit deals reverse course, slump to five-year low in FY23
The number of private equity exit transactions fell to their lowest level in at least five years during the 12 months through ......
TMT
Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn
US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......