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Explained: How will a recent tax ruling on IPO-bound Oyo affect other startups?

New Delhi, June 17 -- A recent ruling by the income tax appellate authority in favour of hospitality company Oyo, which is preparing to go public, could help a number of startups battling tax demands ... Read More


Jupiter Capital-backed Himalia acquires eco resort near Bengaluru

New Delhi, June 17 -- Himalia Prime Assets, an asset development and management platform backed by private equity firm Jupiter Capital, has acquired an eco-resort Our Native Village on the outskirts o... Read More


PE-backed OmniActive in parallel talks with two global investors for stake sale

New Delhi, June 17 -- Local nutraceuticals ingredients maker OmniActive Health Technologies is engaged in an advanced stage of discussion with two global investors over stake-sale transactions, each o... Read More


CPPIB bets $740 mn on Indian data centre operator CtrlS

New Delhi, June 17 -- Canada Pension Plan Investment Board, one of the biggest foreign institutional investors into the Indian infrastructure sector, is set to enter the country's growing data centre ... Read More


I Squared, US DFC to form $3-bn energy infrastructure platform for Indo-Pacific

New Delhi, June 17 -- Infrastructure-focused private equity firm I Squared Capital and the US International Development Finance Corporation (DFC) plan to establish a $3 billion investment platform to ... Read More


Brookfield logs another exit move from India platform as total harvest tops $1.6 bn

New Delhi, June 17 -- Canadian alternative investment firm Brookfield Asset Management has harvested more money from its India telecom tower platform, pushing its cumulative cash-out over the last thr... Read More


Atom XVII eyes $8 mn for debut consumer-focussed fund

New Delhi, June 17 -- Atom XVII, a newly launched venture capital fund focussed on consumer startups, is targeting a corpus of Rs 75 crore (nearly $8 million) and aims to make its first close by July-... Read More


Affirma-backed Prime Focus gets clean chit from SEBI in accounting case

New Delhi, June 17 -- The Securities and Exchange Board of India (SEBI) has dismissed allegations against Prime Focus Ltd, a media services company backed by private equity firm Affirma Capital, about... Read More


Grapevine: Jio, TPG Capital, Lighthouse Funds, Cloudnine, Karam, Sodexo in news

New Delhi, June 17 -- Reliance Jio Infocomm, Mukesh Ambani's telecom company, is set to file its draft papers for a stock market debut, after a delay, according to a media report. A group of private e... Read More


The Most Valuable Layer in Fintech Has No Consumer Brand

New Delhi, June 17 -- Ask someone to name a fintech company, and you will hear the same short list. A payments app. A neo-bank. A lending platform with a clean interface and a well-funded marketing bu... Read More