Mobility and smart parking startup Get My Parking (GMP) has made a partial secondary sale for the vested ESOPs of current as well as former employees as part of the recently completed fundraise of USD 6 million led by…
Bank of India has announced the closure of its QIP issue. It has raised INR 2,550 crore by issuing more than 40.5 crore shares. The allotment of 40,54,71,866 equity shares to eligible qualified institutional buyers…
Food delivery startup Swiggy has pledged to assist its restaurant partners in the recovery and revival of their business by offering benefits worth INR 63 crore under its Jumpstart 2.0 program. The Jumpstart initiative…
The Cabinet Committee on Economic Affairs (CCEA) has approved the FDI proposal for investment of up to INR 15,000 crore in Anchorage Infrastructure Investment Holding Ltd. The investment includes transfer of shares of…
The Union government would be redeveloping two national stadiums, including the marque Jawaharlal Nehru Stadium in New Delhi and two regional sports centres at Bengaluru and Zirakpur on a public-private partnership…
Bengaluru-based agri-startup Agdhi has bagged a Biotechnology Ignition Grant of USD 70,000 (around INR 52 lakh) for its flagship product 'SeedVision',an Artificial Intelligence (AI)-based seed phenotyping method that…
Hanwha Systems of South Korea is investing USD 300 million (INR 2,228 crore) for an 8.8 % share in OneWeb, the Low Earth Orbit (LEO) satellite communications company backed by the Bharti group. The investment, expected…
The Burman family is set to pare its stake and give up control of a life insurance joint venture with UK's Aviva Plc as part of its strategy to raise capital for the core consumer goods business. The deal will see the…
Gujarat State Petroleum Corp. Ltd (GSPC) has resumed the process of selling its hydrocarbon blocks to pare debt. GSPC is the flagship company of the group which is involved in exploration and production (E&P) of oil…
Airtel Africa has inked a deal to sell roughly a 7.5% stake in its mobile money unit to Qatar Holding LLC, an affiliate of Qatar Investment Authority (QIA), for around USD 200 million. Infusion by Qatar's sovereign…