Ishita Russell
Senior Writer & Content Specialist, India Email: ishita@dealstreetasia.com
Stories by Ishita Russell
UK’s CDC hires former StanChart exec as new MD to focus on South Asia, Africa
Priestly was earlier the regional head of global banking for Africa, West Asia, and Pakistan at Standard Chartered bank.
SIS India eyes SEA foray, to acquire 60% stake in Singapore’s Henderson
Under the terms of the deal, which is expected to close by February-end, SIS would acquire the remaining 40% stake each in the firms between October 2
India’s bike taxi startup Rapido raises $10m round led by HK’s Integrated Capital
The fresh round of funding was joined by existing investors Skycatchr, AdvantEdge and Astrac Ventures.
India Digest: Ola cuts Foodpanda budget; IDFC’s road assets sale; SMILE Microfin owners eye exit
Indian ride-hailing major Ola has reportedly more than halved its budget for Foodpanda in an attempt to focus on private label brands to boost growt
DSG Consumer Partners seeks to raise $50m for third fund
The VC firm had achieved a final close of $50 million for its second fund DSGCP II in August 2017.
Sequoia launches accelerator programme for India & ASEAN startups
This comes almost six months after Sequoia closed its $695-million fund targeting early and growth stage investments across the region.
India Dealbook: Kapiva Ayurveda, Rooter Sports, MoneyOnClick raise funds
Kapiva Ayurveda's round also saw participation from 3One4 Capital, Madhu Kela of Reliance Capital and GITS Foods.
Mega deals propelled SEA tech investments to cross $11b in 2018
SE Asia will sustain growth momentum in 2019 as Grab, Go-Jek and Tokopedia continue to attract capital, per a Cento Ventures report.
India: Automobile marketplace Truebil raises $14m Series B round
With this latest round of funding, the company has so far raised a total of Rs 160 crore ($22.5 million).
India Dealbook: Zenar, Cyient, Sheroes in M&A; M1xchange, FreshMenu, Liquiloans raise funds
Zensar is selling some of its non-core businesses to Lorhan IT Services- a unit of US-based firm First Tek Inc for up to $4 million.
