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KKR to pick up stake in entertainment ticketing platform BookMyShow

New Delhi, Aug. 19 -- Global private equity firm KKR will acquire a minority stake in online ticketing and event management platform BookMyShow, as the Indian company looks to scale its live entertain... Read More


Sachin Bansal-led Navi raises $100 mn from Prosus

New Delhi, Aug. 19 -- Bengaluru-based financial services company Navi Ltd has raised $100 million (about Rs 950 crore) from Dutch technology investor Prosus, as founder Sachin Bansal brings in externa... Read More


Carlyle's Africa spinoff Alterra set to buy Juven, BII-backed company

New Delhi, Aug. 19 -- Alterra Capital Partners, an Africa-focussed private equity firm that backs high-growth companies in the region, is set to make an investment through a vehicle it closed earlier ... Read More


Butterfly Learnings, First Coffee, Digidukan, AlgoFET net early-stage funding

New Delhi, Aug. 19 -- Early-stage startups Butterfly Learnings, First Coffee, Digidukan, and AlgoFET have secured funding in separate rounds, the companies said Wednesday. Butterfly Learnings Butter... Read More


Accel, Nexus, angel investor to score jackpot but Infra.Market valuation plateaus

New Delhi, Aug. 19 -- Tech-enabled building materials platform Infra.Market's early investors, including venture capital firms Accel and Nexus Venture Partners and proptech entrepreneur Dhruv Agarwal,... Read More


Y Combinator's Groww harvest hits $440 mn as stock surge lifts gains

New Delhi, Aug. 19 -- US-based startup accelerator Y Combinator (YC) has sold more stake in fintech company Groww, taking advantage of a surge in the company's share price that helped it generate mult... Read More


Can fast-track mergers be quashed if shareholders absent themselves?

New Delhi, Aug. 19 -- A merger, even one that gets the go-ahead from 99.9% of the present and voting shareholders, will not go through if it fails to secure the assent of 90% of the total shareholders... Read More


Grapevine: Actis, KKR, Blackstone, Bachatt, NexEdge, TransBnk in news

New Delhi, Aug. 19 -- Actis's bid to sell its renewable energy platform, BluPine, has attracted interest from private equity and strategic firms, meanwhile Bachatt, NexEdge and TransBnk are in various... Read More


Siguler Guff raises $500 mn for India-focussed investment strategy

New Delhi, Aug. 19 -- US-based private markets investment firm Siguler Guff & Company has closed its Global Emerging Markets Growth Opportunities Fund II (GEMGO II), securing $500 million (Rs 4,787 cr... Read More


Former EESL exec's energy service company Dhivegaa firms up game plan, eyes funding

New Delhi, Aug. 18 -- A group of former officials from some of India's key energy-efficiency and climate institutions has set up Dhivegaa Energy Pvt Ltd, a New Delhi-based energy service company (ESCO... Read More