Greenjoules Pvt. Ltd., a Pune-based green energy technology company, has raised $4.5 million (about Rs33 crore) in its Series A funding round from Blue Ashva Capital through its Blue Ashva Sampada Fund. The funds raised...
Tata Digital in talks for stake in hyperlocal delivery firm Dunzo
Tata Digital, a unit of Tata Sons Ltd, has begun talks to buy close to a controlling stake in hyperlocal delivery startup Dunzo, said three people aware of the matter. The potential deal may value the six-year-old...
Whatfix raises $90 mn funds from SoftBank
Software-as-a-service (SaaS) startup Whatfix has raised $90 million as a part of its Series D funding round led by SoftBank Vision Fund 2, it said on Tuesday. The round also saw participation from existing investors...
63 Moons to challenge Piramal’s DHFL buy
Mumbai-based financial services firm 63 Moons Technologies Ltd on Tuesday said it will challenge the National Company Law Tribunal’s (NCLT’s), order permitting Piramal Group to take over Dewan Housing Finance Corp. Ltd...
SoundPoint to buy CVC lending unit
Alternative asset manager SoundPoint Capital Management LP has struck a deal to buy the U.S. direct lending arm of CVC Capital Partners, according to a person familiar with the matter. The expected purchase would triple...
Tata Digital to invest up to $75 million in CureFit
Tata Digital Ltd, a subsidiary of Tata Sons Ltd, on Monday said it has agreed to invest up to $75 million in fitness startup CureFit. Mukesh Bansal, co-founder and chief executive officer (CEO) of CureFit Healthcare Pvt...
SoftBank-backed Katerra files for chapter 11
SoftBank Group Corp.-backed construction company Katerra Inc., which ran into problems trying to shake up the building industry, has filed for chapter 11 bankruptcy protection in the U.S. In the filing made Sunday...
Blackstone to buy data-center operator QTS Realty Trust for $6.7 billion
Blackstone Group Inc. has struck a roughly $6.7 billion deal to buy QTS Realty Trust Inc. and take the data-center operator private. The investment giant’s infrastructure unit, Blackstone Infrastructure Partners...
Flipkart in talks to raise $3 billion, targets valuation of $40 billion
Flipkart, the Indian e-commerce giant controlled by Walmart Inc., is in talks to raise at least $3 billion from investors including SoftBank Group Corp. and several sovereign wealth funds, according to people familiar...
DHFL resolution case: NCLT to pass order today
The National Company Law Tribunal is expected to pronounce the order on Monday on the resolution plan submitted by Piramal Capital & Housing for the stressed Dewan Housing finance Ltd. According to the court...
Private-equity group reaches deal to buy Medline for over $30 billion
A group of private-equity firms reached a deal to acquire Medline Industries Inc. that would value the medical-supply company at more than $30 billion, in one of the largest leveraged buyouts since the financial crisis...
RoundGlass acquires Gympik Health Solutions
Personal wellbeing platform, RoundGlass, has acquired fitness discovery platform, Gympik Health Solutions, for an undisclosed amount, as it looks to increase its suite of products for its customers. The acquisition will...
