Saritha Rai
Stories by Saritha Rai
Freshworks clocks 40% rise in revenue ahead of potential listing
Options down the road include an IPO, a deal with a SPAC, a direct listing, or raising more private capital.
India’s e-learning unicorn Byju’s nears $150m acquisition of Toppr
Founded in Bangalore in 2011, Byju’s has emerged as India’s leader in online learning.
Indian edtech unicorn Byju’s to buy Blackstone-backed offline tutor Aakash Institute for $1b
Aakash’s founders, the Chaudhry family, will exit completely.
Temasek fund leads Series C round in CropIn, an Indian startup bringing AI to farms
Kris Gopalakrishnan’s family office and CDC Group also invested.
Mukesh Ambani raised $27b selling his tech dream to investors. Now he must deliver
The tycoon has a handful of priorities, including a 5G network roll-out in 2021.
India’s TCS acquires Pramerica Services unit from insurance major Prudential
No cash will change hands.
Mukesh Ambani elbows his way into Indian retail with big festival discounts
Reliance Retail has secured over $6b recently from the likes of KKR and Silver Lake.
Indian IT major TCS in talks to buy Deutsche Bank’s technology unit
Discussions about Postbank Systems may result in a deal by the year-end.
Blackstone nears $2b India property deal with Prestige
Blackstone is the largest owner of commercial real estate in India with a total investment of $7.8 billion as of March 2020.
Happiest Minds IPO was Indian entrepreneur Ashok Soota’s second jackpot
The IPO was one of the most successful first-time share sales of this decade in India.
