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Byju's lenders drag more entities into bankruptcy

Bengaluru, June 6 -- A majority of edtech company Byju's lenders have filed petitions in the US to initiate involuntary Chapter 11 bankruptcy proceedings against three US-based guarantors of their $1.... Read More


Byju's lenders drag more stakeholders into bankruptcy

Bengaluru, June 6 -- A majority of edtech company Byju's lenders have filed petitions in theUS to initiate involuntaryChapter 11 bankruptcy proceedings against three US-based guarantors of their $1.2-... Read More


Bigbasket eyes quick commerce for electronics with Croma tie-up

Bengaluru, June 6 -- Tata-backed Bigbasket is in discussion with its sister company Croma to sell electronics and appliances through its quick commerce vertical. "We will hopefully strike a deal with... Read More


Byju's term-loan lenders kick off bankruptcy proceedings against its US assets

Bengaluru, June 5 -- Some holders of Byju's Alpha Inc's term loan and Glas Trust Company have filed petitions in the US to initiate involuntary Chapter 11 bankruptcy proceedings against three US-based... Read More


Byju's lenders kick off bankruptcy proceedings in the US over $1.2-billion term loan

Bengaluru, June 5 -- A majority of edtech company Byju's lenders have filed petitions in the US to initiate involuntary Chapter 11 bankruptcy proceedings against three US-based guarantors of their $1.... Read More


Infra.Market to increase focus on its B2C-retail segment to drive profits

Bengaluru, June 3 -- Tiger Global-backed Infra.Market plans to increase its focus on its loss-making business-to-consumer (B2C) and retail segment, which contributes 30% of its total revenue as the co... Read More


Temasek, Fidelity purchase Lenskart shares worth $200 mn in secondary deal

Bengaluru, June 3 -- Singapore's state-owned investment firm Temasek and Fidelity Management & Research Company have purchased Lenskart shares worth $200 million in a secondary transaction. The inves... Read More


Lighthouse Canton to launch a Rs.250 cr fund to back portfolio winners

New Delhi, June 3 -- Bengaluru: Lighthouse Canton, an investment firm that backs startups such as Dukaan, Internshala and Revfin, plans to launch a Rs.250 crore momentum fund, with a greenshoe option,... Read More


Avendus launches Rs.3,000-cr late-stage fund to invest in tech, healthcare firms

Bengaluru, May 29 -- Avendus, a financial services firm, has launched a third Future Leaders Fund for which it aims to raise about Rs.3,000 crore, including a green-shoe option to raise up to Rs.1,500... Read More


Mint Explainer: Why is India's net FDI at its lowest level since 2007?

Bengaluru, May 29 -- Foreign direct investment (FDI) in India is at its lowest level since 2007, data released earlier this month by the Reserve Bank of India showed. In FY24, net FDI fell 62.17% to ... Read More