Indian edtech unicorn, BYJU’s, is now doubling down on the competitive exam preparations segment, as it acquired online test preparation platform, Gradeup on Tuesday. The company which already had a presence in Joint...
Deals! Deals! Deals! Banks feast on merger bonanza
Corporations world-wide embarked on an unprecedented deal spree this year, emerging from the depths of the pandemic looking to bulk up and address the vulnerabilities it exposed. Simultaneously, buyout firms and blank...
Zoho invests $5 mn in MRI tech startup Voxelgrids
Zoho Corp. has invested $5 million (about ₹35 crore) for a 25% stake in Voxelgrids, a Bengaluru-based startup that builds magnetic resonance imaging (MRI) scanners. The investment, which will be made in two tranches...
TARC sells part of warehousing asset to Blackstone for ₹295 crore
New Delhi-based leading real estate development company TARC Ltd on Monday said it has completed the sale of its warehousing asset in North Delhi to BREP Asia II EIP Holding (NQ) Pte. Ltd, an affiliate of Blackstone for...
Dukaan raises $11 million in pre Series A funding
Online retail platform Dukaan, on Monday, said it has raised $11 million as part of its pre-Series A round of funding, led by 640 Oxford Ventures. The round also saw participation from existing investors Snow Leopard...
RIL prepares a $5.7 billion bid for a telco in the Netherlands
Reliance Industries Ltd (RIL) is set to make a $5.7 billion non-binding offer to acquire a controlling stake in T-Mobile Netherlands BV, the country’s largest telecom operator, two people aware of the development said...
Carlyle to raise $1 billion debt to acquire Hexaware
The Carlyle Group has reached an agreement with a group of banks to raise over $1 billion to support its planned acquisition of Mumbai-based Hexaware Technologies, three people aware of the discussions said. Carlyle has...
Lenders fail to receive bids for Videocon group’s energy business
Lenders to Videocon group’s energy business have extended the deadline for submitting the resolution plan till 30 September after it failed to receive any bids from potential applicants, according to two bankers aware...
Healthium acquires CareNow, strengthens R&D capabilities and portfolio
Healthium Medtech, a global player in medical devices, on Wednesday announced the acquisition of CareNow Medical Private Limited, strengthening its product portfolio with patented and differentiated products in the...
YC-backed Codingal raises $1.2 Mn in seed round
Codingal, a coding platform for students, on Wednesday said it has raised $1.2 million as a part of its seed funding round, led by Y Combinator, Summer Capital, Day One Syndicate, and Rebright Partners. Prominent angel...
Shoppers Stop sells Crossword stores for ₹41.6 cr to ABH
Shoppers Stop Ltd, which runs a chain of departmental stores, is selling its controlling stake in Crossword Bookstores to the owners of Agarwal Business House (ABH) for approximately ₹41.6 crore, as it seeks to focus on...
GlobalBees acquires home care brand The Better Home
GlobalBees, an aggregator of digital brands, on Tuesday said it has acquired The Better Home, a home care products company, as it builds its portfolio of digital-first brands and helps them scale. The deal amount was...
