Just a month after acquiring WhiteHat Jr, Indian edtech decacorn, BYJU’s on Thursday acquired lab-like virtual simulation platform, LabInApp for an undisclosed amount. BYJU’s will use this investment to bolster its...
Blackstone to sell Essel Propack shares worth $251 mn
The world’s biggest alternative asset manager Blackstone is looking to sell a large chunk of its shareholding in packaging firm Essel Propack Ltd through block trades, which could fetch the investor as much as $251...
Shapoorji Pallonji group slaps notice on Tata Sons board for blocking fund raising
The Shapoorji Pallonji (SP) Group which is struggling to service its debt has slapped a notice for damages against the board members of Tata Sons, for blocking Mistry family’s fundraising against the shares of Tata...
Acko raises $60 million led by Munich Re Ventures
Bengaluru-based insurtech start-up Acko has raised $60 million in its Series D funding led by Germany-based Munich Re Ventures, with participation from existing investors Amazon, RPS Ventures and Intact Ventures Inc...
BPCL may buy Oman Oil’s share in Bina refinery
State-run Bharat Petroleum Corporation Ltd may acquire its partner Oman Oil Company Ltd’s stake in Bharat Oman Refineries Ltd (BORL), a joint venture between the companies, said two officials from BORL. “We...
Blackstone, Partners Group in race to buy Piramal Glass
Blackstone Group Inc. and Partners Group Holding AG are the two remaining bidders vying for a controlling stake in Piramal Enterprises Ltd.’s glass unit, people familiar with the matter said. The investment firms have...
LIC to pare IDBI Bank holding in tranches
Life Insurance Corporation of India (LIC) is planning a gradual sale of its stake in IDBI Bank, three people aware of the matter said, nearly two years after it rescued the lender at the Centre’s instance. In January...
Lakshmi Vilas Bank says due diligence for Clix Group deal complete
Private sector lender Lakshmi Vilas Bank on Tuesday said that the mutual due diligence for its deal with Clix Group is “substantially complete”. “We wish to inform that the mutual due diligence is substantially...
Deutsche Boerse AG exits BSE; sells remaining shares for ₹44 crore
Frankfurt-based Deutsche Boerse AG on Tuesday sold its remaining 1.75% stake in BSE Ltd for ₹44 crore through an open market transaction. As per the bulk deal data on the NSE, Deutsche Boerse AG sold the remaining...
Health monitoring startup Dozee raises ₹12.5 crore in funding
Remote health monitoring startup, Dozee has raised ₹12.5 crore in its new round of funding from Prime Venture Partners, YourNest Venture Capital and 3one4 Capital. The company will be utilising the funds to expand into...
The Moms Co. raises $8 million in funding, plans to go global
Wellness brand, The Moms Co. on Tuesday said it has raised $8 million as part of its Series B funding, led by existing investors DSG Partners and Saama Capital. The round also saw participation from other angel...
Airmeet raises $12 mn led by Sequoia Capital, to accelerate global expansion
Virtual events platform Airmeet has raised $12 million in Series A funding led by new investors Sequoia Capital India and Redpoint Ventures. Existing investors Accel India, Venture Highway and Global Founders Capital...
