Bengaluru-based ocean farming startup Sea6 Energy on Wednesday said that it has raised $9 million as a part of its Series B funding round led by Netherlands-based aquaculture fund Aqua-Spark. Singapore-based...
Sanjeev Kapoor’s Tinychef acquires meal planning app Zelish
Recipe discovery, meal prepping, and grocery ordering app Tinychef on Wednesday announced that it is set to acquire meal-planning app Zelish for an undisclosed sum. Tinychef helps convert recipe content into branded...
Tata Motors among big firms shortlisted to bid for BEML
Ashok Leyland Ltd, Bharat Forge Ltd, Tata Motors Ltd and Hyderabad-based Megha Engineering and Infrastructure Ltd (MEIL) are among potential bidders shortlisted to buy a 26% stake in state-run defence equipment maker...
D2C brand Bella Vita Organic raises $10 mn in Series A funding
Direct-to-consumer personal care brand Bella Vita Organic on Tuesday said it has raised $10 million Series A funding from Ananta Capital, a private equity platform backed by Mumbai-based Taparia family of Famy Care...
Tree Line Asia Master Fund sells Just Dial shares worth Rs94 crore
Hedge fund Tree Line Asia Master Fund (Singapore) on Monday sold over nine lakh shares worth ₹94.20 crore in local search engine Just Dial through open market transactions. According to data available through stock...
Reliance Infrastructure raises ₹550.56 cr via preferential allotment of securities
Reliance Infrastructure has raised ₹550.56 crore through issuance of securities on preferential basis, the company said in a regulatory filing on Monday. In this issue, the Anil Ambani-led company allotted 8.88 crore...
Bill Ackman drops SPAC plan for Universal Music deal
Hedge-fund billionaire William Ackman is dropping plans to use his SPAC to invest in Universal Music Group, saying the Securities and Exchange Commission wasn’t convinced the deal met the rules for such vehicles. Mr...
Blackstone to acquire majority stake in Simplilearn
Global private equity firm Blackstone has invested $250 million (over ₹1,870 crore) in Indian edtech company Simplilearn Solutions Pvt. Ltd for a controlling stake, the PE firm said on Monday. Blackstone will pick up...
Spinny raises $108 mn from investors led by Tiger
Used car retailing startup Spinny has raised $108 million in primary and secondary fund infusion as part of its Series D round led by New York-based Tiger Global Management, the company said on Monday. New investor...
Capital India to invest $25 million in education loan firm Credenc
Capital India, a company that offers finance to SME and retail customers, will invest $25 million in education loan startup Credenc. Credenc is a Delhi-based technology-led education loans platform set up in 2017 and...
Lenskart raises $220 million as India’s tech industry is having a breakout year
India’s Lenskart, an online retailer for eyewear, raised $220 million from investors including Temasek Holdings Pte and Falcon Edge Capital, in another sign of booming interest in the country’s technology startups...
LVMH-backed fund to buy 60% of Italian fashion label Etro: Report
L Catterton, a private equity firm backed by French luxury giant LVMH, has agreed to buy a 60% stake in Italian fashion company Etro, two sources familiar with the matter said on Sunday. The deal values Etro at about...
