Embassy Office Parks REIT has completed the acquisition of Embassy TechVillage (ETV) assets from the Embassy Sponsor, members of the Blackstone group and other selling shareholders for an enterprise value of $1.3...
Firstsource Solutions gains 5% on acquisition of PatientMatters
Shares of Firstsource Solutions traded 5 per cent higher at Rs 79 on the BSE on Wednesday after the company announced that the firm has acquired PatientMatters, a healthcare Revenue Cycle Management (RCM) solutions...
Reall and Tree Line Asia Master Fund invest Rs 77 crore in Bengaluru-based developer Janaadhar India
UK-based impact investor Reall and Singapore-based hedge fund Tree Line Asia Master Fund have invested Rs 77 crore in a combination of equity and external commercial borrowing (ECB) in Bengaluru-based affordable housing...
Steadview Capital invests in Delhivery ahead of proposed IPO
Investment firm Steadview Capital has bought shares worth $25 million from an early investor in logistics startup Delhivery through secondary transaction. The seller’s details were not disclosed. Steadview Capital’s...
Walmart could join other tech giants in picking up stake in one of the NUEs
US-based retail giant Walmart could join Facebook, Google and Amazon in securing a part ownership in one of the upcoming new umbrella entities (NUEs) vying to become the country’s next big retail payment network. People...
Pandemic-hit Uber sells its self-driving unit to Aurora
Uber is selling off its autonomous vehicles development arm as the ride-hailing company slims down after its revenues were pummeled by the coronavirus pandemic. Self-driving vehicle technology company Aurora will...
Uber in advanced talks to sell air taxi unit: Axios
Uber Technologies is in advanced talks to sell its air taxi business, “Uber Elevate”, to aerospace firm Joby Aviation, news website Axios reported on Wednesday, citing sources. Uber did not immediately...
Tata nears deal to buy BigBasket for $1.3 bn
The Tata group is in advanced talks to buy around 80% in BigBasket for around $1.3 billion, valuing India’s largest online grocer at around $1.6 billion, three people with direct knowledge of the development said. After...
Let’s Dive raises $1.7 million from Sequoia India’s Surge
Let’s Dive, a Software as a Service (SaaS) platform providing remote employee engagement, announced today it has raised $1.7 million from Sequoia India’s Surge. Currently being used by Facebook, Swiggy and...
App-based bus service provider Cityflo raises $8 mn led by Lightbox Ventures
Cityflo, an app-based bus service provider, has raised ₹57 crore ($8 million) in Series A funding led by Lightbox Ventures along with existing investors India Quotient among others. The Mumbai-based company said it will...
Varde Partners to acquire two commercial assets in NCR at over Rs 1,000 crore
US-based Varde Partners is in talks with New Vernon Capital to acquire two commercial buildings in Gurugram and Noida, three persons with direct knowledge of the deal said. The deal is expected to be worth more than Rs...
Uber in talks to sell its ATG self-driving unit to Aurora – Report
Uber Technologies Inc is in talks to sell its autonomous driving unit, Uber Advanced Technologies 8(ATG), to self-driving car startup Aurora, a source familiar with the matter told Reuters. The talks are still ongoing...
