Reliance Retail Ventures Ltd (RRVL) will acquire 66.95% in Just Dial Ltd for ₹3,497 crore, giving the retail arm of India’s most valuable company access to a database of millions of merchants and other users. Reliance...
KKR completes $625 mn majority stake acquisition in Fogg deo maker Vini Cosmetics
American private equity firm KKR on Thursday said that it has completed the acquisition of a majority stake in Darshan Patel promoted Vini Cosmetics, a leading branded personal care and beauty products company in India...
Inshorts raises $60 mn from Vy Capital, others
News content aggregator Inshorts on Thursday said it has raised $60 million in a funding round led by global technology investor Vy Capital. With this, Inshorts Pte Ltd has raised $140 million over the past one year...
Trentar Pvt acquires controlling stake in drone service provider GarudaUAV
Trentar Pvt Ltd, a subsidiary of Dorf Ketal Chemicals, has acquired controlling stake in drone-based service provider and artificial intelligence (AI) powered platform GarudaUAV, the company said in a statement. This...
NSE arm buys majority stake in Cloudxchange
NSEIT, a wholly-owned subsidiary of the National Stock Exchange, has acquired a majority stake in cloud-based services provider Cloudxchange.io for an undisclosed amount. “Cloudxchange.io augments NSEIT’s vision...
AdmitKard raises ₹10 cr from group of investors
Edtech platform AdmitKard has raised ₹10 crore in pre-series A Round from a group of angel investors comprising founders and senior officials of education technology firms. The round witnessed participation from the...
Bikry App raises $1.3 million in funding led by YCombinator
Business platform for small enterprises Bikry, owned by Bizrise Technologies Ltd, on Tuesday said that it has raised $1.3 million in funding with participation from YCombinator, along with the founders of Twitch.TV...
Pankhuri raises $3.2 million in funding led by Sequoia India’s Surge
Social community platform for women, Pankhuri, on Tuesday announced that it has raised $3.2 million (about ₹23 crore) as part of fresh funding led by Sequoia Capital India’s accelerator program, Surge. Other investors...
Microsoft to acquire cybersecurity company RiskIQ
Microsoft Corp. said it has agreed to acquire RiskIQ, a security software maker, as the tech giant tries to expand its products and better protect customers amid a rising tide of global cyberattacks. The company...
Top steelmakers shortlisted for acquiring Neelachal Ispat
ArcelorMittal, the world’s largest steel company, Sajjan Jindal-led JSW Steel, Hyderabad-based Megha Engineering and Infrastructure Ltd (Meil) and Tata Steel are among firms that have been shortlisted for buying...
Ahead of share sale, Paytm in talks to raise $268 million
Paytm’s parent One97 Communications Ltd (OCL) is in talks with several investors to raise $268 million ahead of its planned public listing on the domestic exchanges by November, said three people aware of the...
Virgin Galactic says may sell shares worth up to $500 million
Virgin Galactic said on Monday it may sell up to $500 million worth of shares, a day after the company completed its first fully crewed test flight into space with billionaire founder Richard Branson on board. Shares in...
