Publicly-listed travel company Thomas Cook (India) has announced that Fairbridge Capital (Mauritius), its promoter entity and unit of Canadian private equity investor Fairfax Holdings, has increased its shareholding in…
Bengaluru-based sales and marketing automation software maker Leadsquared has raised USD 153 million in a funding round led by WestBridge Capital. The funding values the company at USD 1 Billion, making it the latest…
Singapore-headquartered, India-focused neo-banking platform Stashfin has raised USD 270 million in its Series C round led by Uncorrelated Ventures, Fasanara Capital and Abstract Ventures. Existing investors in the…
Publicly listed Jain Irrigation System plans to merge its international irrigation equipment business with Temasek-owned Rivulis Pte Singapore and reduce its debt by about INR 2,700 crore, besides bringing back INR 200…
Beauty-products marketplace Nykaa is in late-stage talks to acquire local discovery and e-commerce platform Little Black Book (LBB). The deal would strengthen Nykaa's content game and complement its lifestyle and home…
Noida-based electric motorcycle maker One Electric is looking to raise USD 5 million to fund its expansion plans, including setting up an assembly plant in Nairobi, Kenya. The company is looking to raise the funds as…
Digital insurance company Acko is in late-stage talks to raise funds from new and existing investors with over 2X premium in its valuation. The company is expected to be valued in the range of USD 2-2.3 Billion. Prosus…
​​US-based private equity firm Apollo Global Management is rethinking its asset reconstruction company (ARC) joint venture with ICICI Bank. Apollo owns more than 90% stake in the ARC and has already been approached…
Kotak Investment Advisors (KIA) has achieved closure of its 12th real estate fund via a USD 590 million (INR 4,600 crore) vehicle which has a tie up with Abu Dhabi Investment Authority (ADIA). The fund, which will be…
DBS Bank India Ltd, a unit of Singapore's DBS Bank, has acquired a 9.9% stake in Mumbai-headquartered Svakarma Finance, a non-banking financial company (NBFC), for delivering financial solutions to micro-enterprises…