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Consumer lending misses festive cheer; Nexus’ new $700m fundHappy Friday! Buyers’ festive fervour failed to boost consumer durables lending this year. This is and more in today’s ETtech Morning Dispa...- InMobi founders buy back $250 million stake from SoftBank; company valued at around $1 billionSoftBank which had invested around $200-220 million in the company is expected to get $250 million via this deal, people in the know said. ...
- Nexus raises $700m fund; OpenAI-Tata partnershipNexus Venture Partners closed its eighth fund to widen its AI and software portfolio across India and the US. This and more in today's ETte...
- IPO-bound InMobi gets $350 million from Varde, Elham, SeatownFirm raises new financing to fund a share buyback from SoftBank and PE investors
- Vedanta Resources seeks investor nod to prepay $550-million debtVedanta Resources aims to prepay a $550 million private credit facility by raising $700 million from banks like Barclays and Standard Chart...
- Vedanta Resources seeks $550 million refinancingVedanta Resources is in talks with lenders from the Middle East, Europe, and Japan to refinance a $550 million credit facility maturing in ...
- Indian energy firm Greenko founders get private loan commitmentsFounders of Greenko Energy Holdings have secured commitments from multiple lenders for an $800 million private credit loan to acquire a 20%...
- Temasek-backed SeaTown and Lim form enterprise tech services firm SkyformSeaTown Holdings and tech investor Lim Yuan En launched Skyform. Skyform is an enterprise technology services company. The company will ope...
- Asia hedge funds scoop up Alibaba, Sea after stock routThe number of Alibaba shares held by the Asia-focused funds increased 311% during the period, while that of Sea jumped by 110%.
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