Deals
TPG divested its stake in Shadowfax for about Rs 300 crore through an open-market transaction.
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Singapore banks ride Asia's wealth boom to weather rates headwind
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Meat packer JBS to form JV with Danantara unit
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Japan's top pension fund posts record gain amid push for more flexible investment
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China's Guotai Haitong proposes to take offshore unit private in $3.6b deal
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Alibaba plans to charge big users for next open-source AI model
More Stories
KV Asia said to be weighing exit from Indo personal care firm
Indosat launches AI infra venture with Ooredoo, NVIDIA and Nokia
AI startup Acrab raises $130m in Vertex-backed Series B funding
ADIA eyes Canadian pension’s $1.5b sale of China fund stakes
GIC explores sale of private fund portfolio worth $1b in secondaries market
Medicover India operates a network of 24 multi-specialty hospitals with about 4,800 beds.
Pinegap has raised $8 million in a Series A funding round led by Stellaris Venture Partners.
Venture Capital
The fresh capital will help the startup expand into new markets and invest in supply chain and technology.
Piper Serica has achieved the first close for its Bharat Tech Fund.
Analysis
The state’s top court asked the government to defend against allegations levelled by activist group.
Its IPO opens on Aug. 10 and closes on Aug. 12.
Earnings and Results
It expects Instamart’s GOV to more than quintuple to 1.5tr rupees by fiscal 2031.
IPOs & Markets
It reduced the total offer size to 16.17bn rupees from 23.42bn rupees.
Fazz has raised the funding through issuance of preference shares to NTT Docomo.
