Big Bull Rakesh Jhunjhunwala, whose net worth has jumped forty five per considering the fact that March lows at the rebound in stocks, raised his stake in as a minimum 8 corporations at some stage in the September quarter.
Data confirmed the ace investor lapped up beaten-down auto company Tata Motors for the primary time. His call was now no longer among the key shareholders of the business…
Mumbai-primarily based cosmetics start-up Sugar has raised USD 2 million (approx Rs 14.68 crore) in a Series C investment spherical led through Stride Ventures.
Series C financing (additionally called Series C spherical) is one of the levels in the capital-elevating method with the aid of using a start-up.
“Stride Ventures… led a debt spherical of USD 2 million in Sugar Cosmetics … The fund…
Venture capital and growth-equity funding corporation SAIF Partners, which backs corporations along with Paytm, Swiggy and ShareChat, stated Tuesday it has marked the final close of its new fund.
Elevation Capital made the final close of its new fund – SAIF Partners India VII Ltd – on the targeted $four hundred million (Rs 2930 crore), it stated in a blog post.
The funding corporation had…
Sales and marketing intelligence platform Slintel, primarily based out of California, US, has raised $4.2 million investment led through Accel Partners. The spherical noticed participation from Sequoia Capital India and its current investor, Stellaris Venture Partners.
The assertion comes much less than a yr after the employer secured investment from Stellaris Venture Partners and Powerhouse…
Reliance Jio and US-primarily based Qualcomm will join hands to fast-track the deployment of 5G mobile net primarily based on homegrown technology, placing India in an different membership of countries with the functionality to provide superfast speeds of one gigabyte consistent with second (Gbps) to users.
The partnership builds at the dedication via way of means of Reliance Industries Chairman…
Foodtech platform Zomato has began out testing a brand new function in which customers can publish opinions of eating places and upload snap shots in their favorite meals objects as a way to be displayed on pinnacle of the app’s feed.
The function, that is presently to be had for pick customers, permits customers to feature a evaluate, publish snap shots and quick testimonies and connect to…
Beardo has became out to be one of the most successful direct to consumer brands in the men’s grooming area. The enterprise changed into obtained through Marico in a deal really well worth over Rs 350 crore in July this yr. It’s additionally one of the uncommon D2C manufacturers which provided an go out to its backers withinside the variety of 6 t0 10X, and that too inside a duration of 4…
The 2020 festive season sale is subsequently directly to assist ecommerce giants Amazon, Flipkart and Snapdeal make-up for the pandemic-induced slump. But in a primary this yr, the sale emerged as a boon for the Tier II and Tier III dealers, who’ve exceeded their Tier I opposite numbers in phrases of orders.
During the preliminary months of the pandemic and the consequent restrictions, similar…
A consortium comprising of Florian Fritsch of Kalrock Capital and Murari Lal Jalan has emerged because the prevailing bidder for the beleaguered Jet Airways. Their bid secured over ninety nine percentage votes from the creditor’s committee of Jet Airways, and could now be submitted to the National Company Law Tribunal (NCLT) for the very last nod. If the courtroom docket offers its nod to the…
Realty organization Prestige Estates Projects Ltd on Saturday stated it has agreed to sell certain workplace, retail and lodge houses to international funding organization Blackstone — in a large ticket real estate deal anticipated at round Rs 12,000 crore.
Prestige institution did not reveal the deal size, however reassets stated that the Bengaluru-primarily based organization has signed time…
