Vibhuti Sharma
Stories by Vibhuti Sharma
India: Bain buys 25% in IIFL Wealth from General Atlantic, Fairfax Holdings
IIFL Wealth had around $44b in assets as on Dec 31, 2021.
Indian agritech VC firm Omnivore sets up new $130m fund
The fund expects to make 25-30 new investments over the next four years.
India: General Atlantic-backed KFin Technologies files draft papers for $320m IPO
General Atlantic Singapore Fund Pte Ltd holds 74.94% stake in the company.
India: HDFC to be merged with HDFC Bank to create financial giant
The move will pave the way for HDFC Bank to build its housing loan portfolio and enhance its existing customer base.
Tiger Global leads $36m funding in Indian supply chain startup Wiz Freight
Axilor Ventures, Fundamental, Arali Ventures, Stride Ventures & Alteria Capital joined the round.
India Digest: Stanza Living buys IoT firm; AgroStar acquires INI Farms
Stanza Living has acquired enterprise IoT platform Singularity Automation.
Lyft says losses to drop next year, sees path to profitability in ride-sharing
Lyft also announced a partnership with Alphabet Inc's Waymo as part of which it will deploy 10 self-driving vehicles around the Arizona city of Phoe
Saudi sovereign wealth fund PIF slashes exposure to Tesla
Public Investment Fund (PIF), with help from JPMorgan Chase, hedged most of its 4.9 percent stake in Tesla after the market closed on January 17.
IBM to sell some of its software products to HCL for $1.8b
The software products in scope represent a total addressable market of more than $50 billion, IBM said .
Tencent-backed Epic Games raises $1.25b from KKR, others
Epic Games is valued at almost $15 billion as part of the new investment round.
