Forwarded from Finshots | Financial news made simple
An explainer on why private equity firms are investing in the IPL bit.ly/2ZsERXI
Finshots
Private equity wants to play the IPL
An explainer on why private equity firms are investing in the IPL
Forwarded from YourStory - Daily Updates
[Weekly funding roundup] October ends on a high with over $1B fund flow
https://yourstory.com/2021/10/weekly-funding-report-october-month-ends-on-a-high
https://yourstory.com/2021/10/weekly-funding-report-october-month-ends-on-a-high
YourStory.com
[Weekly funding roundup] October ends on a high with over $1B fund flow
The month of October saw Indian startups raising over $3 billion and this sets the stage for a strong finish for the year.
Forwarded from Moneycontrol
#MCExclusive: More M&A in the red-hot infra segment with Vineet Mittal promoted Avaada Energy emerging as front-runner to buy 340 MWs of solar power assets of Essel Group, reports Ashwin Mohan.
Deal proceeds to pay back bondholders Piramal & APG Asset Mgmt.
Read:
https://www.moneycontrol.com/news/business/companies/avaada-energy-emerges-lead-suitor-to-acquire-340-mw-solar-power-assets-of-essel-group-7663051.html?utm_source=telegram&utm_medium=social
Deal proceeds to pay back bondholders Piramal & APG Asset Mgmt.
Read:
https://www.moneycontrol.com/news/business/companies/avaada-energy-emerges-lead-suitor-to-acquire-340-mw-solar-power-assets-of-essel-group-7663051.html?utm_source=telegram&utm_medium=social
Moneycontrol
Avaada Energy Emerges Lead Suitor To Acquire 340 MW Solar Power Assets Of Essel Group
Avaada Energy is owned by Vineet Mittal, the former promoter of Welspun Energy. He left the Welspun Group after selling the entire 1.1 GW renewable energy portfolio of Welspun Energy To Tata Power for $1.4 billion.
Forwarded from CNBCTV18.com
In the run up to going public, the company hopes to raise between Rs 800 and 1,000 crore in its next round of funding over the next 24 months, CEO Karthik Jayaraman said.
https://www.cnbctv18.com/startup/chennai-agro-tech-start-up-waycool-to-target-ipo-by-2025-11324662.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/startup/chennai-agro-tech-start-up-waycool-to-target-ipo-by-2025-11324662.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
Chennai agro-tech start-up Waycool to target IPO by 2025
In the run up to going public, the company hopes to raise between Rs 800 and 1,000 crore in its next round of funding over the next 24 months, co-founder and CEO Karthik Jayaraman said.
Forwarded from YourStory - Daily Updates
Here’s what founders need to keep in mind while launching a US startup from India
https://yourstory.com/2021/11/techsparks-2021-founders-launching-us-startup-india
https://yourstory.com/2021/11/techsparks-2021-founders-launching-us-startup-india
YourStory.com
Here’s what founders need to keep in mind while launching a US startup from India
At a masterclass at TechSparks 2021, Stefan Nagey, Co-founder and CTO, Capbase, answered specific questions on how to incorporate in Delaware from India, raise funds in the US, hiring legalities, and much more.
Forwarded from YourStory - Daily Updates
[Startup Bharat] How Bhuj-based MissCallPay is enabling digital transactions on feature phones
https://yourstory.com/2021/11/startup-bharat-bhuj-fintech-misscallpay-financial-inclusion-feature-phones
https://yourstory.com/2021/11/startup-bharat-bhuj-fintech-misscallpay-financial-inclusion-feature-phones
YourStory.com
[Startup Bharat] How Bhuj-based MissCallPay is enabling digital transactions on feature phones
Founded in 2017, Bhuj-based startup MissCallPay aims to make P2P and ecommerce transactions easier on feature phones and in areas without good internet infrastructure.
Forwarded from YourStory - Daily Updates
Kushal Bagia talks about how First Cheque is investing in startups by leveraging founder-angel network
https://yourstory.com/2021/11/kushal-bagia-first-cheque-early-stage-deals-100x-entrepreneur-podcast
https://yourstory.com/2021/11/kushal-bagia-first-cheque-early-stage-deals-100x-entrepreneur-podcast
YourStory.com
Kushal Bagia talks about how First Cheque is investing in startups by leveraging founder-angel network
In this episode of 100X Entrepreneur Podcast, Kushal Bagia, talks about First Cheque and investment in early-stage startups
Forwarded from Moneycontrol
Sequoia India's Rajan Anandan on listing of Indian startups and SaaS companies in India.
Read the interview here 👇
moneycontrol.com/news/business/reform-overseas-listing-norms-in-union-budget-to-aid-indian-start-ups-sequoia-indias-rajan-anandan-7678541.html?utm_source=telegram&utm_medium=social
Read the interview here 👇
moneycontrol.com/news/business/reform-overseas-listing-norms-in-union-budget-to-aid-indian-start-ups-sequoia-indias-rajan-anandan-7678541.html?utm_source=telegram&utm_medium=social
Forwarded from YourStory - Daily Updates
Zomato invests in magicpin, Shiprocket, and Curefit; looks to pump additional $1B in Indian startups
https://yourstory.com/2021/11/zomato-invest-funding-indian-startups-two-years-magicpin-shiprocket-curefit
https://yourstory.com/2021/11/zomato-invest-funding-indian-startups-two-years-magicpin-shiprocket-curefit
YourStory.com
Zomato invests in magicpin, Shiprocket, and Curefit; looks to pump additional $1B in Indian startups
Having already pumped in $275 million in Indian startups, foodtech major Zomato is now looking at deploying an additional $1 billion within the next two years.
Forwarded from YourStory - Daily Updates
[Funding alert] Unnati raises Rs 60 crore from Incofin, NabVentures and Orios
https://yourstory.com/2021/11/funding-alert-unnati-raises-rs-60-crore
https://yourstory.com/2021/11/funding-alert-unnati-raises-rs-60-crore
YourStory.com
[Funding alert] Unnati raises Rs 60 crore from Incofin, NabVentures and Orios
Unnati aims to utilise this fresh round of capital to strengthen its tech platform and expand its network.
Forwarded from CNBCTV18.com
#Storyboard18 | In this episode of #BuildToLast, Raja Rajamannar talks to #Mamaearth’s Varun Alagh to decode the new realities & power of #brand in building enduring Indian companies
https://www.cnbctv18.com/storyboard18/storyboard18-build-to-last-raja-rajamannar-talks-to-mamaearths-varun-alagh-about-creating-iconic-brands-with-purpose-11615122.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/storyboard18/storyboard18-build-to-last-raja-rajamannar-talks-to-mamaearths-varun-alagh-about-creating-iconic-brands-with-purpose-11615122.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
cnbctv18.com
Storyboard18 | Build To Last: Raja Rajamannar talks to Mamaearth’s Varun Alagh about creating iconic brands with purpose
Watch the full third episode of the special series Build To Last that delves into how to build lasting and legendary Indian brands in an increasingly complex environment.
Forwarded from YourStory - Daily Updates
The Tata deal widens the circle of trust for 1mg: Gaurav Agarwal
https://yourstory.com/2021/11/tata-1mg-deal-widens-circle-trust-gaurav-agarwal
https://yourstory.com/2021/11/tata-1mg-deal-widens-circle-trust-gaurav-agarwal
YourStory.com
The Tata deal widens the circle of trust for 1mg: Gaurav Agarwal
Speaking on the acquisition for the first time, Tata 1mg CTO Gaurav Agarwal says there is no other brand in India that is more synonymous with trust than the Tatas.
Forwarded from YourStory - Daily Updates
[The Turning Point] Why three serial entrepreneurs decided to help people prepare for their first jobs
https://yourstory.com/2021/11/the-turning-point-able-jobs-entry-level-jobs
https://yourstory.com/2021/11/the-turning-point-able-jobs-entry-level-jobs
YourStory.com
[The Turning Point] Why three serial entrepreneurs decided to help people prepare for their first jobs
The Turning Point is a series of short articles that focuses on the moment when an entrepreneur hits upon their winning idea. Today, we look at Bengaluru-based Able Jobs, which helps people get entry-level jobs.
Forwarded from YourStory - Daily Updates
[Weekly funding roundup] November ends on a high with over $1B inflow
https://yourstory.com/2021/11/weekly-funding-roundup-november-ends-fund-inflow-unicorns
https://yourstory.com/2021/11/weekly-funding-roundup-november-ends-fund-inflow-unicorns
YourStory.com
[Weekly funding roundup] November ends on a high with over $1B inflow
The last week of November turned out very positive for the Indian startup ecosystem with a fund inflow of $1.5 billion and the emergence of two unicorns.
Forwarded from YourStory - Daily Updates
Focus on expanding into new categories, international markets: Unacademy
https://yourstory.com/2021/12/edtech-startup-unacademy-focus-on-expanding-into-new-categories-international-expansion
https://yourstory.com/2021/12/edtech-startup-unacademy-focus-on-expanding-into-new-categories-international-expansion
YourStory.com
Focus on expanding into new categories, international markets: Unacademy
Last month, the edtech startup acquired Swiflearn, an online platform that provides live face-to-face online tuitions for school students, for an undisclosed amount.
Forwarded from CNBCTV18.com
Sequoia India kick-starts first cohort of Sequoia Spark with 15 women-led startups. The cohort has seven startups from Southeast Asia, seven from India, and one from the UAE. Here're the 15 startups that made it to Spark01:
https://www.cnbctv18.com/startup/sequoia-india-selects-first-cohort-of-women-led-startups-for-sequoia-spark-fellowship-11745052.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
https://www.cnbctv18.com/startup/sequoia-india-selects-first-cohort-of-women-led-startups-for-sequoia-spark-fellowship-11745052.htm?utm_source=telegramapp&utm_medium=social&utm_campaign=telegram
CNBCTV18
Sequoia India selects first cohort of women-led startups for Sequoia Spark Fellowship
Here are the 15 startups that made it to Spark 01 — the first cohort of the Sequoia Spark Fellowship.
Date: 27 Jan 2022
TCIL - Bharti Hexacom deal
https://economictimes.indiatimes.com/industry/telecom/telecom-news/state-run-tcils-30-pc-stake-in-bharti-hexacom-valued-at-around-rs-8900-cr/articleshow/89140561.cms
TCIL - Bharti Hexacom deal
https://economictimes.indiatimes.com/industry/telecom/telecom-news/state-run-tcils-30-pc-stake-in-bharti-hexacom-valued-at-around-rs-8900-cr/articleshow/89140561.cms
The Economic Times
State-run TCIL's 30 pc stake in Bharti Hexacom valued at around Rs 8,900 cr
Bharti Airtel holds 70 per cent stake in Bharti Hexacom, which provides telecom services in Rajasthan and Northeast. The government holds the remaining 30 per cent stake in the company through Telecommunications Consultants India Limited (TCIL) .
Date: 27 Jan 2022
Air India - Tata Group Deal
https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/air-india-likely-to-be-handed-over-to-the-tatas-today/articleshow/89145201.cms
Air India - Tata Group Deal
https://economictimes.indiatimes.com/industry/transportation/airlines-/-aviation/air-india-likely-to-be-handed-over-to-the-tatas-today/articleshow/89145201.cms
The Economic Times
Air India likely to be handed over to the Tatas today
After a competitive bidding process, the government had on October 8 last year sold Air India to Talace Private Limited, a subsidiary of the Tata Group's holding company, for ₹18,000 crore - about ₹2,700 crore will be paid to the government and the rest will…
Stamp Duty on M&A
https://www.barandbench.com/columns/stamp-duty-on-merger-orders-a-different-approach
#mergersandacquisitions #regulatory
https://www.barandbench.com/columns/stamp-duty-on-merger-orders-a-different-approach
#mergersandacquisitions #regulatory
Bar and Bench - Indian Legal news
Stamp duty on merger orders: A different approach
Stamping is a strangely innocuous term that invokes memories of a travelling daakiya or an album from a philatelist’s collection. However, for corporates and st