FedEx Express, a subsidiary of NYSE-listed FedEx Corp, is to invest USD 100 million in Gurugram-based Delhivery, a logistics and supply chain services company. The companies have also entered into a long-term…
The founder of used car marketplace Droom, Sandeep Aggarwal, and his family office have invested over INR 25 crore in 18 startups, and they are looking at backing about 10-12 companies a year. Some of Aggarwal's…
Bengaluru-based education-technology startup Edvizo has raised USD 1 million in a pre Series A led by Inflection Point Ventures (IPV). This is IPV's second investment in Edvizo. The new funds will be used to enhance…
Ahmedabad-based Veeda Clinical Research, a contract research organisation (CRO), has acquired a controlling 50.1% stake in Bengaluru-based pre-clinical CRO, Bioneeds India. It had acquired a minority stake in the…
Zomato's initial public offering (IPO) was subscribed 40.38 times, generating demand of INR 2.13 lakh crore. The IPO set a record for anchor investors and drew the second highest ever applications. Investors bid for…
Gurugram-based Otipy, the social commerce venture of farm-to-fork agritech startup Crofarm, has raised USD 10.2 million in a Series A round led by Susquehanna International Group (SIG). The round also saw…
SpiceJet promoter Ajay Singh is putting together a USD 1 billion war chest for his Air India bid, which will be made through a special purpose vehicle (SPV) that's likely to include participation from two US-based…
Synergy Metals Investments Holding has received approval under the 'green channel notice' from the Competition Commission of India (CCI) to acquire a stake in Mumbai-based, Sajjan Jindal-led JSW Cement. Unlisted JSW…