Advertisements Sequoia India & Southeast Asia, which has faced criticism for lapses in governing its portfolio countries, has globally rebranded itself as Peak XV Partners and will operate independently, separate from its US and Chinese counterparts. On Tuesday morning, the… Read More ›
Startup
Brookfield India Likely To Launch QIP Next Month, Aims Raising Rs3,500cr
Advertisements According to the media reports, Brookfield India REIT is likely to launch its qualified institutional placement (QIP) next month to raise Rs 3,500 crore. The REIT, which is listed on the Indian bourses, has also appointed eight investment banks… Read More ›
Byju’s Defaults $40mn Loan, Sues TLB Lenders
Advertisements Byju’s, an edtech major, has filed a complaint in the New York Supreme Court to challenge the acceleration of the USD 1.2 billion Term Loan B (TLB) and to disqualify Redwood, who, contrary to the terms of TLB, purchased… Read More ›
Saama Capital Leads $1.5mn Pre Series A Round For Home, Personal Hygiene Brand Koparo
Advertisements Koparo, a sustainable home and personal hygiene D2C brand has raised USD 1.5 million in a Pre-series A round led by Saama Capital. Joining as co-investors are new institutions Fluid Ventures and M Venture Partners along with new angels… Read More ›
Deloitte Raises Concerns Over In Appropriately Approved Vendors At BharatPe: Report
Advertisements Auditor Deloitte has raised concerns about inappropriately approved vendors and excessive payments at BharatPe, where its former MD and Co-founder Ashneer Grover has been accused of fraud and embezzlement. In its most recent annual report, BharatPe presented the statutory… Read More ›
Indian Cricketer KL Rahul Joins Hyugalife As Investor, Ambassador
Advertisements Indian cricketer, KL Rahul joined Hyugalife.com as investor and ambassador. Speaking about this collaboration, KL Rahul stated, “Fitness is not just a fleeting trend but a lifestyle. It’s not just about looking good or performing well, it’s also about… Read More ›
KKR Moves India MD To Singapore To Lead Southeast Asia PE Division
Advertisements According to media reports, KKR & Co plans to move its managing director from India to Singapore to manage the firm’s Southeast Asia private equity division. Prashant Kumar, who has been with KKR in Mumbai since 2018, will relocate… Read More ›
Brookfield Invests $360mn In Renewable Energy Company CleanMax
Advertisements Mumbai-headquartered renewable energy company CleanMax Enviro Energy Solutions has bagged around USD 360 million in an equity round from Brookfield Renewable through the Brookfield Global Transition Fund. The renewable firm, said in a statement that it will utilise the… Read More ›
Good Glam Group-backed Sirona Acquires Condom Brand Bleü
Advertisements Good Glamm Group backed Sirona India on Tuesday has acquired Bleü, a condom brand in an all-cash deal. With the acquisition of Bleü, Sirona forays into the sexual wellness category with a strong product and differentiated offering. Sirona is… Read More ›
QIA Leads $250mn Series D Round For Builder.ai
Advertisements Builder.ai, the AI powered composable software platform, on Tuesday, raises USD 250 million in Series D funding. The new investment, led by Qatar Investment Authority (QIA) takes the total amount raised by the company to over USD 450 million… Read More ›