LIGHTSPEED VENTURE PARTNERS
Adani partners UAE's Adnoc, Germany's BASF for $4 billion chemical venture
The total investment for establishment of the chemical complex in Gujarat's Mundra is estimated to be up to $4 billion (about Rs 28,400 crore), the companies said in a statement, but did not state which firm will hold how much stake.
Jungle Ventures makes undisclosed investment in BookMyShow’s Southeast Asia business
With this investment, BookMyShow SEA aims to expand its ...
Hiranandani inks JV with Blackstone; to invest Rs 2,500 crore for industrial, warehousing space
GreenBase, a fully-owned subsidiary of Niranj...
Digital-first brands took just three years to hit Rs 100 crore
eBrands achieved traction quickly with etailers putting in place exclusive programmes to launch and test, thereby raising consumer intent to purchase differentiated products online. In the past two years, venture capitalists have invested more than $300 million in 70 such consumer brands.
Micro venture fund Fluid eyes Rs 80 crore
As per Amit Singal, co-founder of Startup Buddy, the investment vehicle will look to invest in both B2B and B2C ventures.
AMJ Ventures invests $2 million in StyleCracker
This is AMJ’s third and largest investment in India since starting the family business earlier this year. The office was started after a partial exit from Brillio which received investment from Brain Capital this January. Before StyleCracker, AMJ made investments in Avail Finance, a Bangalore-based loan financing service and Propelld, a lender for higher education courses.
Reliance Industries sets up Jiomart to sell grocery online soon
Reliance Industries will enter into online food and grocery shopping by early next year through Jiomart.
Stocks in the news: ONGC, IIFL Securities, YES Bank, Aurobindo Pharma and RIL
Sterlite Technologies bagged a Rs 1,800 crore project from Telangana Fiber Grid Corp
Despite IPO flameouts, 2019 sets record for US unicorn births
So far this year 66 venture capital-backed unicorns were minted in US versus 58 in 2018.
Bombay Shaving Company cuts a Rs 45cr funding deal
The brand aims to achieve annualised turnover of Rs 100 crore by next year, and use the cash raised to invest in brand building, product development, and expansion.
FMCG veteran CK Ranganathan announces animal health venture
The hospital is 7200-sq. ft facility, equipped with an emergency critical care unit monitored by senior consultants, digital X-Ray and ECG machines. The total investment in the hospital was Rs 3 crore. Ranganathan predicted the venture will draw a total investment of Rs 300-400 in five years to expand to 100 such hospitals.
Questions for 2020: Jio does mega IPO?
A capital structure similar to that of global technology peers provides Reliance the flexibility to monetise either the consolidated ecosystem or individual platforms — telco, fibre, digital, payments etc. A private fundraising ahead of a public one seems likelier than that of both.
Jungle Ventures closes Fund-III at $240 million
Jungle Ventures’ latest fund is backed by Cisco Investments, German development finance institution DEG, and Singapore government-backed investment firm Temasek, among others.
M&M unit SsangYong on the lookout for a strategic investor
The development comes in the wake of calls from financial institutions to Mahindra to inject more funds into the South Korean firm, given its deteriorating bottom line. SsangYong’s net losses had more than tripled year on year to about $160 million (185.5 billion won) during the first nine months of 2019.
India, Oman sign maritime pact; foreign ministers of India-Oman-Iran meet in Muscat
Additionally, in a significant development that will have a far-reaching impact on stability in the Persian Gulf, Strait of Hormuz and India’s interests in the region, the Jaishankar met his counterparts from Oman and Iran for lunch in Muscat on Tuesday for what can be described as the first trilateral of sorts.
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