At this rate, Fintech will slaughter India’s banks


The hefty checks that SoftBank and GIC wrote last week send a clear signal

India: Ummeed Housing raises $5.6m from Lok Capital, Duane Park

Ummeed will also use the funds to add new hubs

India: Gokaldas invests in Yepme UK; Amazon Wholesale gets $15m fund infusion

Garment exporter Gokaldas Exports has invested in fashion-etailer Yepme UK, while Amazon Wholesale (India) received a $15 million fund infusion. Gokaldas Exports invests in Yepme UK VAS Data Services Pvt. Ltd, which runs fashion e-commerce firm, has raised funding of an undisclosed amount from garment exporter Gokaldas Exports Ltd (GEX)…. Read more »

India Digest: AION eyes stake in Future Group holding co; Flexiloans buys CreditPeriod

The AION-Future Group deal could be worth $125-150 million.

India: Manyavar parent may sell 15% stake to L Catterton, Kedaara Capital

The company is valued at Rs3,000 crore

Sotheby’s Indian arm RealPro Realty raises $7m from BCCL, HNIs

Sotheby’s International Realty has presence in over 70 countries.

India: Jaypee, UltraTech Cement looking to seal $2.5b deal by July

This is one of the largest deals in the cement sector in India.

Can Practo take the next big leap forward?

Unlike many cash-guzzling start-ups, Practo took almost two years to raise any venture capital.

India: 10 promising tech startups tapping AI to disrupt industries

Using AI, machine learning to transform healthcare, education, auto & retail.

India Grid Trust IPO fully subscribed on last day of sale

India Grid is the second Indian infrastructure investment trust to go public