Think and Learn Pvt. Ltd, which operates unicorn edtech service Byju's, has launched a fundraising effort to finance the acquisition of US-based edtech company 2U for USD 2.4 billion. It has already approved an INR…
The Mauritius Revenue Authority (MRA) has clarified that any income which is distributed by a foreign "fiscally transparent entity" will retain its initial character in Mauritius. Thus, capital gains booked by a PE…
General Motors (GM) has called off the sale of its shuttered Indian plant to China's Great Wall Motor after failing to obtain regulatory approvals, amid a tougher stance by New Delhi towards investments from Beijing…
Noto, a Mumbai-based packaged food brand for the health-conscious millennial Indian, has raised funding led by Venture Catalysts. The funds will be used to scale up its operations and venture into new product…
The Singapore government's sovereign wealth fund GIC has made an additional equity investment of INR 400 crore across three subsidiaries of publicly listed retail mall development firm, The Phoenix Mills. GIC has…
CVC Capital Partners has bought an additional 1.26% stake in publicly listed cancer care chain HealthCare Global Enterprises Ltd. (HCG) via the public markets, for INR 50 crore. Post the purchase on Jun 30, 2022 - from…
Omni-channel eyewear brand Lenskart has closed a USD 200 million funding round led by Alpha Wave Global at a valuation of USD 4.5 Billion. Existing investors including Temasek, Epiq Capital, Avendus Future Leaders Fund…
Private Equity-Venture Capital (PE-VC) investments in India during the quarter ended June 2022 (Q2'22), at $11.3 Billion across 315 deals, registered an over 25% decrease compared to the same period in 2021 (which saw…
Multiplex chain Carnival Cinemas is in talks with Yes Bank as well as private equity funds for raising INR 400 crore in equity. It has over 450 screens across the country. Carnival plans to use the equity raised to…
Delhi-based gardening-focused hyperlocal marketplace Urvann has raised INR 3 crore in a seed funding round led by angel investment platform Inflection Point Ventures (IPV). Founded in 2021, Urvann is a hyperlocal…