Indium Finance, a Mumbai-based business-to-business (B2B) fintech platform for distributors, wholesalers and retailers, has raised INR 4.5 from Indian Angel Network (IAN). The investment round was led by IAN members…
Temasek has sold shares of publicly listed QSR restaurants operator Devyani International worth INR 482.12 crore. Post the sale, Temasek would hold 71,670,484 equity shares (5.95% stake) in the company.
Beco, a Mumbai-based direct to consumer (D2C) brand in home and personal care segment, is to raise INR 11 crore in a fresh financing round led by Rukum Capital which led the round with INR 3.75 crore. Koenig Solutions…
Winuall, a Bengaluru-based social commerce platform that allows educators to share a wide range of curated courses for their students, has raised INR 17 crore from Dream Incubator, Inflection Point Ventures, and…
E-commerce player Amazon has invested in Gurugram-based Cashify, a re-commerce marketplace for electronic devices such as mobile phones and laptops. The startup had recently announced a USD 90 million Series E round…
Vishvapradhan Commercial Pvt Ltd (VCPL), a wholly owned subsidiary of AMG Media Networks Ltd (or AMNL, which in turn is a 100% subsidiary of Adani Enterprises Ltd or AEL), has acquired 99.5% of the equity shares of…
Private Equity firms Bain Capital and Advent International are looking to exit Quest Global Services, six years after investing in the engineering outsourcing firm. The two funds together own about 33% of the company…
Logistics tech unicorn Rivigo, which has struggled to raise fresh funds, is in talks to merge its operations with Flipkart's logistics arm e-Kart or FirstCry's e-commerce focussed logistics Xpressbees. Backed by…
Private equity firms General Atlantic and TPG are in talks to invest USD 100 million in Bengaluru-based media technology firm Amagi, valuing the company at around USD 1.4 Billion. Some existing employees and…
The competition watchdog is keeping watch on private equity funds taking up board seats in rival companies in the same sector, saying such arrangements could adversely impact the competition landscape. While the…