Two promoter entities of mall developer The Phoenix Mills Ltd, on Tuesday, sold shares worth Rs833 crore, representing around 8.14% stake in the company, through block deals, data from stock exchanges show. Senior...
Redis Labs raises $100 mn from Bain Capital Ventures, TCV at $1 bn valuation
Redis Labs, a database software startup, known for its open source database and the provider of Redis Enterprise, has raised $100 million in Series F financing, at a valuation of more than $1 billion, thus becoming a...
Cognizant to acquire Tin Roof Software to expand digital engineering services
Cognizant Technology Solutions Corp. has entered into an agreement to acquire Tin Roof Software, Atlanta-based custom software and digital product development services company, to expand its digital engineering services...
Verloop.io raises $5 million in Series A funding led by Alpha Wave Incubation
Customer support automation platform Verloop.io has raised $5 million as a part of its Series A funding led by Alpha Wave Incubation, managed by Falcon Edge Capital, along with existing investors IDFC Parampara and...
General Atlantic, Sequoia Capital are key drivers in Oracle bid for TikTok
General Atlantic and Sequoia Capital, two major investors in TikTok’s Chinese parent company, are maneuvering to be part of a deal to acquire the U.S. operations of the popular video-sharing app as it seeks to avoid a...
Education-focused lender ISFC raises $30 mn
ISFC, a non-bank lender focused on lending to educational institutions and entrepreneurs managing such institutions, has tied up equity and debt commitments worth $30 million from existing investor Gray Matters Capital...
Kalyan Jewellers files for ₹1,750 crore share sale
Kalyan Jewellers India Ltd, one of the biggest gold retailers in the country, on Monday filed the draft prospectus for its initial public offering, which will see the company and its shareholders sell shares...
PEs look to exit ACT as WFH boosts valuations
The owners of Atria Convergence Technologies Ltd (ACT) are in talks to sell a controlling stake in India’s largest non-telco internet service provider amid a surge in demand for home internet services, two people aware...
Takeda to sell Japan consumer health unit valued at $2.3 billion to Blackstone
Takeda Pharmaceutical Co said on Monday it would sell its Japanese consumer healthcare business to US buyout fund Blackstone Group, as it aims to focus on developing drugs for unmet medical needs and rare diseases...
Adani in talks to buy GVK’s 50.5% stake in Mumbai airport
The Adani Group is in talks to acquire the GVK group’s stake in Mumbai International Airport Ltd (MIAL), PTI reported on Monday. The group controlled by billionaire Gautam Adani plans to acquire the 50.5 % stake held by...
Axis Bank proposes to acquire 17% of equity share capital of Max Life
Private lender Axis Bank on Monday said it proposes to acquire 17% of the equity share capital of Max Life Insurance. This will result in total ownership of 18% post the transaction, the lender told stock exchanges in a...
ShareChat acquires hyperlocal information platform Circle Internet
Homegrown social media platform ShareChat has acquired hyperlocal information platform Circle Internet. The app provides local information to Indian language internet users in tier-II and tier-III cities, with presence...
