Hyundai, KIA Motors seek CCI nod to invest in Ola EV arm, parent

Vijayakumar Pitchiah

South Korean automotive major Hyundai Motor and its sister company Kia Motors, have sought the approval of the Competition Commission ....

16 September, 2019

Ola primes for 3X growth in two-wheeler mobility business

Tanmay Tiwary

Ride hailing platform Ola has expanded its two-wheeler services to 150 cities across India. Ola claims it is making “inroads ....

13 September, 2019
ADVERTISEMENT

SoftBank insists WeWork postpone IPO, cites low valuation

Shweta Sharma

Japanese conglomerate SoftBank Group has asked co-working space provider WeWork to postpone its proposed initial public offering ....

10 September, 2019

CPPIB bets $115 million on logistics unicorn Delhivery

Team TC

Delhivery, the SoftBank backed logistics company, has raised $115 million from Canada Pension Plan Investment Board (CPPIB). The ....

10 September, 2019

Kedaara Capital bets on Lenskart; partial exits for PremjiInvest, Chiratae: Report

Team TC

Delhi headquartered omnichannel eyewear retailer Lenskart Solutions (earlier known as Valyoo Technologies) may be headed into ....

3 September, 2019

Gaming unicorn Dream11 in talks with SoftBank, Naspers, Tiger Global for $500 mn funding: Report

Team TC

Online fantasy gaming startup Dream11 is in discussions with a number of top technology investors including SoftBank Vision Fund, ....

30 August, 2019
ADVERTISEMENT

SoftBank plans $550 mn investment in Lenskart, DailyHunt; Alibaba halts further investments in India

Team TC

Japan-based SoftBank is likely to invest $400 million in the eye-wear retailer Lenskart and $150 million in Dailyhunt. Jack Ma-owned ....

26 August, 2019

In a first, OYO acquires Hooters Casino Hotel to launch operations in Las Vegas

Vijayakumar Pitchiah

Hospitality major OYO Hotels & Homes has acquired Las Vegas-based Hooters Casino Hotel to launch its operations in Las Vegas, ....

23 August, 2019

CCI approves Canada Pension Board’s investment in Delhivery

Vijayakumar Pitchiah

Competition Commission of India (CCI), the country’s antitrust regulator, has given the go-ahead for the investment by the ....

22 August, 2019

Goldman Sachs pumps another $3 million into content aggregator Dailyhunt

Vijayakumar Pitchiah

DailyHunt, the local language content and news aggregation platform, has raised $2.98 million (Rs 21.15 crore at current exchange ....

8 August, 2019
ADVERTISEMENT

OYO promotes north region operations head as India, South Asia COO

Vijayakumar Pitchiah

Gurugram-based OYO Hotels and Homes has promoted Gaurav Ajmera, head of its northern region operations, as the new chief operating ....

6 August, 2019

Funding Roundup: Rebel Foods scores a big investor, Tiger bets on B2C as funding crosses $400 mn

Vijayakumar Pitchiah

In another busy week for dealmaking in India’s technology sector, as many startups scooped up a total of  $446.06 million ....

2 August, 2019

Ola expands Australia ops with services in Queensland’s Sunshine Coast

Team TC

Bengaluru-based ride-hailing platform Ola is expanding its presence in Australia by launching services in Queensland’s Sunshine ....

2 August, 2019

OYO not guilty of abusing dominant position: Competition Commission

Vijayakumar Pitchiah

OYO, the Gurugram-based budget hospitality and accommodation services provider, has not been found to be guilty of abusing its ....

1 August, 2019

eBay buys 5.6% of Paytm E-Commerce for $160 mn

Vijayakumar Pitchiah

The US-headquartered ecommerce firm eBay will invest $160 million (Rs 1,102.53 crore at the current exchange rate) for a 5.59% ....

31 July, 2019

SoftBank’s Son launches $108 bn Vision Fund 2 to drive AI revolution

Binu Paul

Japanese conglomerate SoftBank Group has launched a  $108 billion (Rs 7.4 lakh crore at the current exchange rate) Vision ....

26 July, 2019

SoftBank Vision Fund to expand India arm; Amazon India’s big sellers demand higher margins

Team TC

Investment giant SoftBank likely to add a dozen executives in India. Amazon India’s biggest sellers now want higher margins ....

23 July, 2019

Japanese consortium funds Ritesh Aggarwal’s $2 bn OYO share buyback

Binu Paul

A three-member Japanese consortium, including investment banking firms Nomura Holdings and Mizuho, financed Ritesh Aggarwal’s ....

23 July, 2019

Ritesh Aggarwal to buy shares worth $2 bn in OYO; partial exits for Lightspeed, Sequoia

Binu Paul

Ritesh Aggarwal will buy shares worth $2 billion in Oravel Stays Private Limited, owner of budget hotels chain OYO, in a primary ....

19 July, 2019

Funding Roundup: Investments cross $400 million on the back of growth deals

Vijayakumar Pitchiah

Growth stage funding took center-stage again this week which saw a total of 21 deals worth more than $400 million being concluded. ....

19 July, 2019

eBay picks up 5.5% stake in Paytm Mall

Vijayakumar Pitchiah

US-headquartered ecommerce firm eBay Inc has picked up a 5.5% stake in ecommerce marketplace Paytm Mall for an undisclosed amount ....

18 July, 2019