Anulekha Ray
Stories by Anulekha Ray
India: Moneyboxx Finance raises funding from NBFCs, others
Started in 2019, Moneyboxx has over 20 branches in north and central India.
Airtel to acquire Warburg’s 20% stake in its DTH arm for $429m
The move is part of Airtel’s plan to align shareholding in customer-facing businesses.
India: YES BANK’s board okays fundraising up to $1.33b
The bank had floated follow-on public offer (FPO) of ₹15,000 crore in July 2020.
Nazara Technologies becomes first Indian gaming firm to file IPO
Nazara is one of the largest interactive gaming and sports media companies in India.
India: Nithia Capital, CarVal complete $273m acquisition of Uttam Group firms
The purchase is done through Wardha Steel Holdings Pte Ltd, Nithia Capital's Singapore-based joint venture holding company.
Indian edtechs received over $2.2b funding in 2020, shows PE-VC Association report
Byju's, Unacademy and Vedantu accumulate highest share of funding.
Future-Reliance deal gets Indian competition commission’s nod in setback for Amazon
Reliance Retail will now have access to 1,800 Future Group stores.
Burger King India files for $73m IPO, promoter QSR Asia to partially exit
Proceeds will be used to roll out new restaurants in the country.
India: ADIA to invest $750m for 1.2% stake in Reliance Retail
The investment values Reliance Retail at a pre-money equity value of Rs4.285 lakh crore.
India: InsuranceDekho snags $20m from GirnarSoft to boost digital footprint
InsuranceDekho recently announced plans to onboard 1 lakh advisors across the country.