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Short drama boom sends new wave of startups knocking on VC doors

New Delhi, May 12 -- MUMBAI: Indian micro-drama startups are attracting a new wave of venture capital (VC), as short-form episodic entertainment gains traction, powered by rapid user growth, improving... Read More


Early investors in Groww set to reap up to $498 million in block deal

New Delhi, May 11 -- Early investors in Billionbrains Garage Ventures Ltd, the parent company of Groww, are set to offload shares worth up to Rs.4,750 crore ($498 million) through a block deal on Tues... Read More


Resonance eyes growth revival in offline coaching after debt clean-up

New Delhi, May 10 -- Kota-based test preparation company Resonance Eduventures is preparing for a fresh growth phase after completing the bulk of its long-running debt resolution exercise, the top exe... Read More


Aditya Birla Sun Life AMC joins Category III AIF rush with Rs.2,000 crore fund

New Delhi, May 7 -- Aditya Birla Sun Life Asset Management Co. is raising a Rs.2,000 crore alternative investment fund (AIF) that will target the stocks of mid- and small-cap companies, joining a grow... Read More


Premji-backed Shubham Housing Finance begins talks for Rs.2,000-crore IPO

New Delhi, May 5 -- Affordable-housing lender Shubham Housing Finance, backed by Multiples Private Equity and Premji Invest, has initiated early discussions with investment bankers for a potential Rs.... Read More


Shubham Housing Fin in talks for Rs.2,000-cr IPO

mumbai, May 5 -- Affordable-housing lender Shubham Housing Finance, backed by Multiples Private Equity and Premji Invest, has initiated early discussions with investment bankers for a potential Rs.2,0... Read More


White Whale bets on Blue Tokai, Atomberg via secondaries fund

New Delhi, May 4 -- White Whale Ventures has invested in Blue Tokai Coffee Roasters and consumer appliances firm Atomberg Technologies through its newly-launched secondaries fund, a top company execut... Read More


Mittal family, Poonawalla to buy Rajasthan Royals for $1.65 Billion

mumbai, May 4 -- After falling short in previous attempts to acquire the Royal Challengers Bengaluru and losing the initial bidding war for the Rajasthan Royals, the Mittal family has finally secured ... Read More


Mittal family to acquire Rajasthan Royals for $1.65 billion with Adar Poonawalla

Mumbai, May 3 -- The family of steel magnate Lakshmi N. Mittal has signed a definitive agreement to acquire Rajasthan Royals in partnership with Adar Poonawalla, in a transaction valuing the cricket f... Read More


Sahi raises $33 million at over 3x valuation

New Delhi, April 29 -- Broking firm Sahi has raised about $33 million in a funding round led by venture capital firm Accel Global, more than tripling its valuation to about $200 million, the company's... Read More