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Swiggy beats Zomato in food delivery race but lags in quick commerce

New Delhi, Sept. 4 -- IPO-bound Swiggy's consolidated revenue from operations increased nearly 36% to Rs 11,247 crore in the financial year ending March 2024, up from Rs 8,265 crore in the fiscal befo... Read More


This VC firm just hit nearly 2,000x returns on seven-year-old India investment

New Delhi, Sept. 4 -- Silicon Valley venture capital firm Bessemer Venture Partners, which joined the ranks of global peers Sequoia Capital, Accel and Lightspeed Venture Partners to roll out a fund fo... Read More


Caspian Debt to merge with BlackSoil Capital via share swap

New Delhi, Sept. 4 -- Alternative credit providers BlackSoil Capital and Caspian Impact Investments (Debt) have received an approval from their boards of directors to merge in a share swap deal. Casp... Read More


WestBridge signs off with around $300 mn in portfolio exit

New Delhi, Sept. 4 -- Private equity firm WestBridge Capital, which bets on unlisted companies and also makes private investments in public equities (PIPE), has likely made the second full exit of the... Read More


Multiples PE-backed I-bank set to hit bourses; but what valuation is it seeking?

New Delhi, Sept. 4 -- A prominent investment bank backed by Renuka Ramnath's Multiples Private Equity and philanthropist Narotam Sekhsaria's family office, which has managed the IPOs of companies like... Read More


Multiples PE, Narotam Sekhsaria FO set for a multi-bagger as Dam Capital eyes IPO

New Delhi, Sept. 4 -- DAM Capital Advisors, which was created when Axis Capital veteran Dharmesh Mehta acquired IDFC Securities with the backing of private equity firm Multiples and Narotam Sekhsaria'... Read More


Yatra acquires corporate travel player Globe Travels for $15 mn

New Delhi, Sept. 3 -- Nasdaq-listed travel agency Yatra Online has agreed to acquire corporate travel services provider Globe Travels from forging company Ramkrishna Forgings Ltd for a cash considerat... Read More


LP commitments to Indian PE, VC and private credit funds cross $120 bn

New Delhi, Sept. 3 -- Limited partners (LPs), who had tightened their purse strings in the first quarter of 2024 after fresh commitments to India-focused private equity, private credit and venture cap... Read More


CarDekho backs fleet management services company Carrum

New Delhi, Sept. 3 -- Automobile marketplace CarDekho has invested an undisclosed amount in fleet management services company Carrum, founded by Revv's former co-founder Karan Jain, it said in a state... Read More


Fashion startup Theater, clothing brand Plan B, cleantech platform ReCircle bag funding

New Delhi, Sept. 3 -- Women fashion brand Theater, kids innerwear company Plan B and cleantech startup ReCircle have bagged early-stage funding, the companies announced on Tuesday. Theater Theater, ... Read More