Apollo Global Management Inc. is leading a group of investors aiming to buy a roughly $10 billion stake in Saudi Aramco’s oil pipelines, people familiar with the matter said. The buyout firm’s consortium will include US...
Learning aid startup Playshifu raises $17 million
Learning aid startup Playshifu has raised $17 million from a group of venture funds, including Inventus Capital, in its series B round of funding. While Inventus Capital India led the round, Inflexor Ventures joined as a...
Adani Ports to acquire remaining 25% stake in Krishnapatnam Port
Adani Ports y has signed an agreement with Vishwa Samudra Holdings Pvt. Ltd., to acquire 25% stake of Adani Krishnapatnam Port Limited (Krishnapatnam Port) for consideration of ₹2,800 crore, the company said in an...
Piramal and CDPQ look to invest in Coca Cola bottler
Caisse de dépôt et placement du Québec (CDPQ) and Piramal Asset Management are close to investing $15-20 million private credit in Sri Sarvaraya Sugars Ltd, a Chennai-based bottler of Coca-Cola India, two people aware...
Neo banking startup StashFin raises $40 mn in Series B extension round
Singapore-based neo-banking startup, Morus Technologies Pte. Ltd, which operates the brand StashFin on Saturday said that it has raised $40 million as a part of its Series B extension round from a clutch of global...
Pinterest in talks to acquire photo app maker Visual Supply Company: report
Pinterest Inc. has held talks to buy Visual Supply Company, New York Times reported, citing two people with knowledge of the matter. Discussions are ongoing and a deal price couldn’t be learned, the paper said. VSCO...
Eunimart raises pre-Series A funding from LetsVenture, others
Online seller enablement startup, Eunimart, on Friday said it has raised $700,000 as part of its pre-Series A funding round from LetsVenture, 9Unicorns, Loyal VC, and Supply Chain Labs. This takes the total funding...
Social media analytics startup Circus Social raises $1 million in funding
Social media analytics startup, Circus Social, on Friday said that the company has raised $1 million as a part of its pre-Series A round led by Inflection Point Ventures. Other marquee investors including—Ganesh Mohan...
NIIFL to invest ₹2,100 cr in Manipal Hospitals
The National Investment & Infrastructure Fund Ltd (NIIFL) on Thursday announced an investment of ₹2,100 crore in Manipal Hospitals, through its direct private equity fund, Strategic Opportunities Fund, as the...
Appellate tribunal lifts stay on RBI action against Srei
The National Company Law Appellate Tribunal (NCLAT) has ordered an interim stay on a specific section of the Kolkata National Company Law Tribunal (NCLT) order that had restricted any action by the Reserve Bank of India...
US-based picks up 49% stake in TruJet airline
New York-based investor Interups Inc. has purchased a 49% stake in regional airline TruJet, operated by Turbo Megha Airways Pvt. Ltd. Financial details of the transaction were not disclosed. The company, part of...
Reliance Infra sells Santacruz HQ to YES Bank for ₹1,200 crore
Anil Ambani-backed Reliance Infrastructure on Thursday announced a sale transaction of Reliance Centre, Santacruz, Mumbai to YES Bank. “Reliance Infrastructure and YES Bank Limited (YES Bank) announced a sale...
