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Will raise more capital if an interesting acquisition comes up: Physics Wallah

Mumbai, Feb. 28 -- The drubbing that the edtech sector has received coupled with the funding winter has thrown open a fire sale of assets. A development that has got Westbridge-backed edtech unicorn P... Read More


Temasek-backed ABC Impact bolsters India investment with second fund

Mumbai, Feb. 28 -- Temasek-backed impact investment firm ABC Impact is ramping up investments in India with its second fund. The fund, with a target corpus of $650-750 million, marked the first close ... Read More


Shadowfax raises $100 million Series E round led by TPG New Quest

Mumbai, Feb. 27 -- New-age logistics services provider Shadowfax on Tuesday said it has raised $100 million in a mix of primary and secondary funding towards its Series E round, led by TPG NewQuest. ... Read More


Founder and family of Byju's to not attend EGM, call it invalid

Mumbai, Feb. 22 -- Describing an extraordinary general meeting called by the investors as "procedurally invalid", the founder family of Think & Learn, the parent company of Byju's, said founder and CE... Read More


India a top priority market for KKR's Asia infra play

Mumbai, Feb. 22 -- Global investing firm KKR plans to channel a substantial portion of its newly raised $6.4 billion pan-Asian infrastructure fund into India, according to Hardik Shah, partner and hea... Read More


Byju's rights issue fully subscribed: Raveendran in note to shareholders

Mumbai, Feb. 21 -- Edtech firm Byju's parent Think & Learn's rights issue has been fully subscribed, the founder and chief executive Byju Raveendran said in a letter to shareholders on Wednesday. "Ou... Read More


Byju's rights issue fully subscribed: CEO Raveendran in note to shareholders

Mumbai, Feb. 21 -- Edtech firm Byju's parent Think & Learn's rights issue has been fully subscribed, the founder and chief executive Byju Raveendran said in a letter to shareholders on Wednesday. "Ou... Read More


Byju's secures stay on EGM resolutions from Karnataka HC

Mumbai, Feb. 21 -- Think & Learn Pvt. Ltd, the parent of edtech firm Byju's, said it has secured an order from the Karnataka High Court stating that any resolutions proposed in an emergency meeting ca... Read More


Byju's says Karnataka HC has stayed upcoming EGM outcome; investors to go ahead

Mumbai, Feb. 21 -- Think & Learn Pvt. Ltd, the parent of edtech firm Byju's, said it has secured an order from the Karnataka High Court stating that any resolutions proposed in an emergency meeting ca... Read More


Good companies always on the right side of regulations: Lightspeed MD

New Delhi, Feb. 12 -- Mumbai: Fintech has always been a heavily regulated industry, but given that the Reserve Bank of India (RBI) has been an extremely involved regulator, thinking long term, Lightsp... Read More