By Pramugdha Mamgain
Info Edge India is acquiring a 15.5 per cent stake in Shop Kirana E Trading Private Ltd for Rs 13.40 crore.
Sansan raised $26.43 million in Series E funding from Japan Post Capital, T. Rowe Price, SBI Investment and DCM Ventures.
InterGlobe Tech is the IT & back office arm of travel major InterGlobe Enterprises, also the parent of IndiGo Airlines.
While Zomato has announced purchase of drone startup TechEagle, Swiggy is in early talks with several companies for possible acquisitions.
Siddhartha and Coffee Day Enterprises Ltd and Coffee Day Trading Ltd hold around 21% stake in Mindtree, along with another 26% through other entities.
Singh’s appointment as Lone Star India MD comes at a time when the PE firm is planning to commit at least $1 billion in India.
Uber plans to begin driving “a handful” of cars on a mile loop between two company offices in Pittsburgh, where Uber first debuted its autonomous vehicles in 2016.
Abu Dhabi-based Etihad is also considering raising its stake above the 24 percent it has held since 2013.
Equirus is actively looking to acquire niche or boutique banks to gain sector-specific expertise.
While financial terms were not disclosed, a The Times of India report has pegged it at $140 million.