Desi chip companies fear MNCs will dip into their DLI 2.0 treatIndia is planning the second phase of its semiconductor incentive scheme, DLI 2.0. Concerns are rising among domestic startups that allowin...
Arohan Financial Services files IPO papers with Sebi; eyes Rs 600 cr via fresh issueUS Teachers Insurance and Annuity Association, a retirement financial services firm, Michael & Susan Dell Foundation, Aavishkaar Goodwell I...
MF Tracker: After a strong 7 year run, can this international fund maintain momentum?Motilal Oswal Nasdaq 100 FOF has delivered exceptional returns, outperforming equity mutual funds over seven years, driven by US tech giant...
Bay Capital launches digital fund, appoints Sandeep Barasia, Tej Kapoor as partnersBay Capital is launching a Digital Opportunities Fund to invest in public and private digital businesses in India. Sandeep Barasia and Tej ...
IT cos slash US teams; D2C luggage brands hit turbulenceHappy Thursday! Indian IT firms have begun cutting jobs in their US teams, according to filings. This and more in today's ETtech Morning Di...
TR Capital to deploy $1 billion in India secondaries; appoints Umang Agarwal as MDTR Capital will deploy $1 billion in India over the next five years, across consumer, financial services, and healthcare, while selectively...
TR Capital bets $1 billion on India, names Umang Agarwal MDTR Capital plans to invest one billion dollars in India over the next five years. The firm has appointed Umang Agarwal as managing director...
Lenskart expected to raise Rs 430 crore in pre-IPO placement from Dmart’s Damani, SBI MF: sourcesThe Gurugram-based company’s public offering is the biggest among a number of new-age company IPOs lined up for this year. As per its draft...
Lenskart IPO: Founder Peyush Bansal buys back company shares at steep discount ahead of going publicBansal, who owns a 10.3% stake in Lenskart, is also selling 20.5 million shares in the initial public offering’s (IPO) offer-for-sale compo...
Lending startup Fibe closes $90 million financing in mix of primary and secondary transactionPune-based consumer lending startup Fibe is raining money at a time when fintech lending startups focusing on unsecured consumer lending ar...
Pizza Hut operator raises Rs 1,150 crore from PE fundsPrivate equity investors led by Creador, NewQuest Capital Partners and TR Capital have invested ₹1,150 crore ($150 million) for about 30% s...
Lenskart gets $95 million from KKR at estimated $2.5 billion valuationKKR & Co.’s Lenskart funding is part of a $250-300 million round that is likely to see participation of Falcon Edge and Singapore’s Temasek.
Lenskart losses drop sharply in FY2018, Revenue up 70% for the fiscal ended March 2017For the fiscal ended March 31, 2018, Lenskart posted loss of Rs 118.04 crore, a 55% drop from financial year 2016-17, when it posted loss o...
TR Capital, Steadview make a secondary deal in LenskartApart from Steadview Capital, the transaction, estimated at $70-75 million, has also seen the entry of late-stage technology-focused invest...
Lenskart expands offline presenceLast month, the company raised Rs 135 crore in fresh capital from new and existing investors in its largest funding till date.
Lenskart raises Rs 135 crore from consortium of investors"In TPG, we found strategic partners and advisors with proven capability to build a large consumer-centric enterprise."
TPG leads rare PE investment in e-commerce; sees Valyoo Technologies at $100 millionThe company has also received board approval for the investment, according to latest filings with the Ministry of Corporate Affairs last mo...