China's Alipay has sold its entire stake in the food delivery company Zomato for about Rs 3336 crore through block deals on Wednesday.

Technology investor Prosus has slashed Byju’s valuation to below $3 billion from its peak of $22 billion. This and more in today’s ETtech T...

Bank of America and Morgan Stanley acted as advisers to the deal. Among the buyers in the deal were marquee funds including Goldman Sachs, ...

Tata Power's renewable energy arm gets a letter of award for development for a 200 MW firm and dispatchable renewable energy project with S...

Bank of America and Morgan Stanley are advisers on the deal, which is likely to be executed later this week on Indian exchanges, said the t...

After the changing of hands of Zomato shares, Temasek now holds a combined 4% stake in the Gurugram-based company. It bought a 2.86% stake ...

The sale will take place at an offer floor price of Rs 60 per share – a 5.59% discount to Tuesday’s closing price of Rs 63.55 on BSE.

The crown jewel of the sprawling Alibaba empire, Ant has been accelerating its evolution into an online mall for everything from loans and ...

When contacted, Paytm Mall COO Amit Sinha said the latest investment led by Softbank and Alibaba reaffirms the strength of the company's bu...

Son's comments after the Japanese investor, which has emerged as the largest backer of startups from Asia’s third-largest economy, announce...

That's more than 75 times in returns from the sale of the 0.35% stake or 1,60,000 shares of One97 Communications that Vora owned.

Meanwhile, Paytm Founder and Chief Executive Vijay Shekhar Sharma has told PTI that the payments and e-commerce platform is “as Indian as M...

Existing investors Alibaba, Alipay & SAIF Partners will provide remaining capital of Rs 2,000-cr round

Alibaba, with its affiliate payments company Alipay, has already built a significant toehold in Indian online retail with around 40% stake ...

Vijay Shekhar Sharma is planning to spin off his ecommerce division, where Alibaba will call most of the shots, and focus his energies on f...

Micromax is on the verge of signing an agreement to with Alibaba for Rs 4,200 cr, in what will be the first such purchase in an Indian phon...

The move is a big push for Micromax, valuing India’s No. 2 handset maker at around $4-5 billion (approximately Rs 24,000-30,000 crore).