Madhurima Nandy
Stories by Madhurima Nandy
IPO-bound Flipkart ropes in former Bain partner as head of strategy
As it prepares for an IPO, Flipkart has been making a number of key appointments.
Indian realty firm Embassy Group joins proptech VC Pi Labs’ third fund as LP
The investment will form a gateway for Europe-based Pi Labs, and its portfolio firms, in Asia.
ASK invests $27m in Kalpataru’s budget housing project in Pune
This is ASK’s first investment in Kalpataru Group.
Xander acquires 31-acre logistics park in eastern India
The investment is part of Xander’s $250-million industrial platform.
India: Blackstone buys Embassy’s warehousing assets for $700m from Warburg Pincus
Warburg and Embassy Group had earlier signed a $250m deal to build warehousing spaces in India.
Warburg buys HDFC’s stake in Indian student housing startup Good Host
Goldman Sachs continues to be the majority shareholder in Good Host Spaces.
India: Co-working startup Simpliwork looks to expand in Singapore, Hong Kong
In India, the firm will continue to focus on the metros, from where around 80% of the demand is generated.
India’s warehousing boom creates winners in unexpected corners
The proliferation of tech-savvy storage spaces is creating new opportunities.
Co-working startup WeWork India raises $26.6m to grow biz
The funding has come into the company through a mix of debt and equity.
Indian startups to ramp up hiring in key tech and leadership roles
Sectors that are expected to see traction are edtech, e-commerce, SaaS and fintech.