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Oyo makes U-turn on IPO plans again, Ixigo gets SEBI nod to list

New Delhi, May 22 -- Softbank-backed Oyo, operated by Oravel Stays Ltd, has withdrawn its preliminary IPO documents again, causing delay in its plans to list on the bourses. Meanwhile, Peak XV-backed ... Read More


Byju Raveendran's brother Riju held in contempt by US court

New Delhi, May 22 -- A US court on Tuesday held Riju Ravindran, brother of Byju Raveendran, in contempt of court for failing to "disclose or ascertain the location of the $533 million" that he transfe... Read More


PB Fintech founders offload partial stake in the company for $130 mn

New Delhi, May 17 -- Yashish Dahiya and Alok Bansal, co-founders of listed firm PB Fintech, which runs insurtech platform Policybazaar and fintech platform Paisabazaar, have sold part of their stake w... Read More


Drone startup Dhaksha's valuation triples as Coromandel to make a top-up

New Delhi, May 13 -- Chemicals maker Coromandel International Ltd, a part of the Chennai-based multinational conglomerate Murugappa Group, Monday announced fresh investment in Dhaksha Unmanned Systems... Read More


Venturi Partners acquires stake in K12 Techno in secondary deal

New Delhi, May 9 -- Singapore-based private equity player Venturi Partners has entered a definitive agreement with Navneet Learning LLP to acquire a 5.12% stake in K12 Techno Services Pvt. Ltd for Rs ... Read More


Ventureast on the way to scoring over 100x returns in dream exit

New Delhi, May 3 -- Ventureast, one of the oldest venture capital firms operating in India that has over $400 million (Rs 3,338 crore) in assets under management, has managed yet another rich harvest ... Read More


Together Fund, BoldCap exit a year-old bet

New Delhi, May 2 -- Early-stage venture capital firms Together Fund and BoldCap VC have exited their investment in software-as-a-service startup Togai, which they backed about a year ago. Together, w... Read More


Arpwood Partners scores big returns from domestic small finance lender

New Delhi, April 30 -- Arpwood Partners, a private equity investment firm floated by former Carlyle India head Rajeev Gupta, Raj Kataria and Amol Jain, has scored a rich harvest from a seven-year-old ... Read More


IvyCap marks final close of third fund at $250 mn

New Delhi, April 30 -- Homegrown venture capital firm IvyCap Ventures, which has backed startups such as Purplle, Clovia, BlueStone among others, has marked the final close of its third fund at Rs 2,1... Read More


Oister Global floats $53-mn fund to make LP-style bets

New Delhi, April 29 -- Oister Global, an investment firm floated last year by Lumis Partners co-founders Sandeep Sinha and Rohit Bhayana, has launched a Rs 440 crore ($52.7 million) fund to invest in ... Read More