Godrej Group has launched its housing finance business and aims to build a loan book of ₹10,000 crore and a customer base of 40,000 borrowers in the next three years. The new entity Godrej Housing Finance (GHF) plans to...
PE firms Advent International, Temasek sell 8.77% in CG Consumer for ₹1,631 cr
PE firms Advent International Corp’s Amalfiaco and Temasek’s MacRitchie Investments Pte Ltd sold 8.77% in CG Consumer for ₹1631 crore in an open market transaction on Tuesday. According to bulk deal data on NSE...
RIL deal: Delhi HC issues summons to Amazon on Future Retail’s suit
The Delhi High Court Tuesday sought Amazon’s response on a plea by Kishore Biyani-led Future Retail Ltd (FRL) alleging that the e-commerce major was interfering in its deal with Reliance Retail on the basis of an...
CityMall raises $3 million led by Elevation Capital
CityMall, a social e-commerce venture has raised $3 million in its seed funding round led by Elevation Capital. The round also saw participation from Waterbridge ventures, Arun Tadanki’s private syndicate on LetsVenture...
Reliance’s stake sale talks with Saudi Aramco gaining momentum: Report
Reliance Industries Ltd and Saudi Aramco are resuming talks over a 20% stake sale by the Indian conglomerate in its oil-to-chemical business after a brief pause due to COVID-19 pandemic, ET Now reported on Monday...
Berkshire buys back $9 billion more of stock in record year
Warren Buffett has gone from shunning stock buybacks to one of the world’s biggest repurchasers. The famed investor’s Berkshire Hathaway Inc. spent the third quarter buying back about $9 billion of its own stock, more...
Ather Energy raises $35 million in funding round led by Sachin Bansal
Hero MotoCorp-backed electric two-wheeler maker Ather Energy on Saturday said it has raised funds to the tune of USD 35 million in a funding round led by Flipkart co-founder Sachin Bansal’s investment of USD 23 million...
Routematic raises $2 million from Bosch
Routematic (Nivaata Systems Pvt Ltd), an urban mobility startup that helps augment corporate transportation, has raised a fresh round of funding from Bosch Ltd, the German auto-parts maker. Bosch decided on the...
Jet submits revival plan to NCLT
The resolution professional of Jet Airways has submitted the revival plan approved by the committee of creditors to the National Company Law Tribunal (NCLT), according to a stock exchange notification on Thursday. Once...
TikTok parent ByteDance seeks to raise cash at $180 billion valuation
ByteDance Ltd. is in discussions over a $2 billion financing round before listing some of its businesses in Hong Kong, people familiar with the matter said, as talks over a sale of TikTok to Oracle Corp. and Walmart Inc...
English learning platform Freadom raises $2.5 mn, to help more students read
Edtech startup Stones2Milestones has raised $2.5 million in a bridge funding round. The round was led by US-based Unreasonable Capital and its LP Goldhirsh Foundation. A leading investment banker from Singapore, along...
Tomorrow Capital to invest ₹100 crore in startups, exits ZenoHealth
Tomorrow Capital, a Mumbai based $100 million venture capital fund, has exited from further investments in ZenoHealth (a generic medicine startup earlier known as Generico) to focus on other early stage investment...
