General Atlantic pumps in more capital into Byju’s
Byju’s, which was valued at $8 billion after Tiger Global’s investment, did not reveal the exact amount invested by General Atlantic, but sources briefed on the matter indicated that the marquee private equity firm had pumped in a similar amount to that of the New York-based investor.
Eight Roads Ventures leads $25m round in MoEngage
MoEngage says it works with customers in over 35 countries and connects with over 400 milli...
China’s startups on the ropes after virus freezes funding
A backlash against China’s tech champions in 2019 had begun damping a decade or mor...
Yap mops up Rs 10 crore in angel funding
Among others who participated in the startup’s maiden funding round are Vikram Chachra, founding partner of early-stage venture capital firm 8i Ventures, Abhishant Pant, founder of The FinTech MeetUp and Peifu Hsieh, cofounder of fintech startup Karbon.
Competition Commission of India gives nod to Ford-Mahindra joint venture
Competition Commission of India has given nod for a joint venture between Ford Motor and Mahindra and Mahindra.
Business Growth Summit to share real-life experiences and tools to grow your venture
BGS is a one-day intensive seminar designed to inspire, motivate and help you take necessary steps that will give you a leg up over competitors.
Have reservations about cost escalation of Zojila Tunnel: Nitin Gadkari
The 14.2 km long tunnel which has been languishing for a few years now, has seen cost escalation to the tune of around Rs 1,600 crore after it was stranded by IL&FS Transportation Network, the road development arm of crisis-hit Infrastructure Leasing & Financial Services (IL&FS).
Realty fund of Rs 12,500 crore may be fully deployed in two years
The fund has already given its final approval for 2 projects — one each from Mumbai and Bengaluru — for disbursement. These projects comprising 1,800 houses stuck in various stages of completion which will provide homes to around 9,000 people.
Indo-Russian joint venture for light military helicopters moves to next stage
Defence acquisition council to examine bid that promises 62 percent technology transfer on platform; production line being readied. The joint venture – the supply 200 of the Kamov Ka 226T choppers to the army and air force – was the first government level defence deal finalised by Prime Minister Narendra Modi after he came to power.
Indo-Russian joint venture for Amethi rifles factory hits hurdle
The JV could not agree on a competitive offer price to the Army that would also meet requirements of indigenisation, said people aware of the matter. The lack of agreement could push back the project as commercial offers are essential before the formal contract is filed.
Govt pushing for demerger of NMDC's Chhattisgarh steel venture
The central government’s disinvestment arm is pushing for a demerger of NMDC’s steel venture in Chhattisgarh and a strategic stake sale of the unit despite objections from the steel ministry, people in the know of the development said.
Tata-PepsiCo joint venture to be revised
In May last year, Tata Group had announced the consolidation of all its consumer products business with all branded food businesses of Tata Chemicals that included packaged spices, pulses and salt being merged into Tata Global Beverages in an all-stock deal.
These seven consumer brand startups have made it to Anthill Ventures' ‘Urban-i’ programme
The programme will invest between $50 – 100K at the beginning of the programme and provide an opportunity to raise up to $1M upon completion of the programme.
JSW Energy Q3 net profit jumps more than twofold to Rs 394 crore
The firm's total expenses also dropped to Rs 1,864 cr against Rs 2,271 cr in Q3 FY18-19.
JJV and BDL sign MoU to explore co-production of Javelin anti-tank missile system
Javelin is an anti-tank guided missile system that can be carried and launched by a single person. The agreement was signed between JJV and BDL on Thursday here at DefExpo, India's biennial defence exhibition.
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