Bike Bazaar, a two-wheeler financing firm, raised ₹170 crore in equity funding on Thursday. The fresh capital is part of its ongoing Series D fundraise, and is secured from a consortium led by Women’s World...
Captain Fresh close to buying Beaver Street
Captain Fresh, a business-to-business seafood marketplace, is close to acquiring US-based Beaver Street Fisheries at an enterprise value of $600 million, three people aware of the matter said. The farm-to-retail...
D2C brand Floryo raises $2 million in Pre-Series A funding led by 3one4 Capital
Floryo, a Bangalore based D2C brand, has raised $2 million in a Pre-Series A investment round headed by 3One4 Capital. The fundraising round was also attended by prominent investors like Vivek Gupta and Abhay Hanjura...
NDTV promoters seek Sebi clarity on conversion of warrants issued to VCPL
The promoter of New Delhi Television Ltd (NDTV), RRPR Holding Ltd, has approached markets regulator Securities and Exchange Board of India (Sebi) seeking clarity on warrants that were issued to VCPL. The company has...
Bill in the works to speed up CCI approvals for M&As
Investors could get fast-tracked clearance from the Competition Commission of India (CCI) for mergers and acquisitions within 20 days of being informed of the deal, if the watchdog does not form an adverse first...
Sequoia Capital pares stake in Zomato
Sequoia Capital India has pared its stake in Zomato Ltd by selling shares in the open market, joining Tiger Global, Uber and Moore Strategic Ventures among investors who have either fully or partially sold their...
Hitachi Energy looks at acquisitions in India
Hitachi Energy will look at acquisitions and partnerships in India to foray into newer areas such as technologies for battery storage and other emerging areas in the energy space, said Claudio Facchin, CEO, Hitachi...
Adani needs Sebi nod to buy stake, says NDTV
Promoters of New Delhi Television Ltd (NDTV) resisted the Adani Group’s takeover bid, claiming a regulatory order prevents them from transferring effective ownership of part of the company’s shares. The television...
Govt mulls at least 51% stake sale in IDBI Bank: Report
India’s government is considering selling at least 51% of state-backed IDBI Bank Ltd., according to people with knowledge of the matter. Officials in the government and the state-backed Life Insurance Corp. of India...
General Atlantic, TPG might invest $100 m in Amagi
Private equity giants General Atlantic and TPG are in talks to invest $100 million in media technology firm Amagi, valuing the company at around $1.4 billion, three people with direct knowledge of the development said...
TVS Electronics to acquire business, IP rights of GTID Solutions Development
TVS Electronics on Monday executed a business transfer agreement with GTID Solutions Development to enter into the mobile POS software solutions and authentication solutions space, offering hardware along with required...
Future Retail lenders claim ₹21,058 crore dues under insolvency resolution
Financial creditors to Future Retail Ltd have submitted loan claims to the tune of ₹21,058 crore under the ongoing insolvency resolution process, showed a document available on the company’s website. A total of 33 banks...
