Other Deals
Ride-hailing firm Uber has exited publicly listed food delivery company Zomato with a 2x return on its indirect investment. Uber sold 61.2 crore shares via a bulk deal on the stock exchange, fetching INR 3,095 crore…
Other Deals
Piramal Capital and Housing has sold distressed loan portfolios aggregating to INR 4,451 crore to finance company VSJ Investments at a steep discount. The portfolio was sold in two tranches - INR 2,748 crore for INR…
Other Deals
Poonawalla Housing Finance is set to roll out an INR 1,000 crore preferential issue. Poonawalla Housing (erstwhile Magma Housing Finance) is a subsidiary of Poonawalla Fincorp. The Poonawalla group has been preparing…
Other Deals
US-headquartered Spotnana, a cloud-based travel technology platform, has raised USD 75 million in a Series B funding round led by Durable Capital Partners LP, with participation from existing investors Madrona Venture…
Other Deals
Cricket South Africa confirmed that the owners of six Indian Premier League teams were the successful bidders for franchises in the country's planned Twenty20 tournament. Mukesh Ambani-owned Reliance Industries will…
Other Deals
AppViewX, a Seattle, USA- and India-based automation and orchestration platform, has raised USD 20 million in a Series B round led by existing investor Brighton Park Capital. The startup has also inaugurated its…
Other Deals
Swadesh, a cross-border fintech firm for Indian expats, has raised USD 2.25 million in pre- seed funding from US-based investors including Khosla Ventures, 8VC, Y Combinator, and Section32. The funding will be used to…
Other Deals
LIC's plan to sell its exposure in bonds worth INR 3,400 crore issued by Reliance Capital (RCap) did not find any takers among asset reconstruction companies (ARCs), as the deadline to submit expressions of interest…
Other Deals
Kotak Mahindra Bank has acquired the agri and healthcare equipment financing portfolio of De Lage Landen Financial Services India (DLL India), a subsidiary of Rabobank-owned De Lage Landen International. The…
Other Deals
Indian Overseas Bank (IOB) is seeking buyers for its distressed loan portfolio that includes advances to Aban Holdings, Rotomac Global, Essar Group companies and subsidiaries of GVK and Lanco groups. The bank has…
