Madhurima Nandy
Stories by Madhurima Nandy
Steadview Capital invests $25m in IPO-bound Indian logistics unicorn Delhivery
Delhivery became a unicorn in 2019 when it raised $413m led by SoftBank Vision Fund.
India: COVID-19 hit OYO lays off around 300 more staff
Though the layoff exercise was pan-India, most employees who lost jobs were in places where business remains affected.
India: CCI okays acquisition of Prestige’s commercial assets by Blackstone
Last month, Prestige had signed a term sheet with Blackstone to sell five office parks, nine shopping malls, two hotels and four under-construction of
India: HDFC Bank acquires minority stake in smallcase Technologies
Existing investors such as DSP Group, Sequoia Capital India, Blume Ventures also participated in the round.
India: Shapoorji Pallonji realty arm to foray into co-living business
The Shapoorji Pallonji group firm will build the co-living projects in Pune and Mumbai Metropolitan Region starting next year.
Uber India eyes bigger slice of electric vehicle space
Uber plans to continue to partner with OEMs, EV infra firms and financiers to make green-powered automobiles accessible and affordable.
India: Fewer new overseas investors fund startups this year
The number of new global investors fell to 24 from 71 last year.
Boston-based Fidelity invests in Indian online beauty retailer Nykaa
Nykaa raised funding from Steadview Capital in March at a valuation of $1.2 billion.
Indian edtech firm Byju’s in talks to raise $200m at $12b valuation
The Bengaluru-based firm last raised $500 million in September from a group of investors.
Singapore’s CapitaLand raises $230m green loans for India business parks
DBS Bank India and HSBC are the lenders.
