Premji eyes Emergent bet; Krutrim plans unravelHappy Wednesday! Premji Invest is circling Emergent, looking to join its latest fundraise at a $1.5 billion valuation. This and more in tod...
06 May, 2026, 07.37 AM IST
Monish Darda steps back from Icertis operations to launch AI firmHe will continue to serve as the chief mentor at Icertis while also remaining on its board, Darda said. With AI becoming more mainstream, m...
04 Apr, 2026, 09.27 AM IST
Post-listing, SoftBank’s holdings in Ola Electric, FirstCry, Unicommerce worth $2 billionThe Japanese technology investor has already raked in $400 million from secondary stake sales in these three companies. SoftBank had invest...
14 Aug, 2024, 07.11 AM IST
FirstCry plans secondary offer to sovereign funds at $ 3 billion valuationInitial talks on for around $100m transaction; SoftBank to sell small stake.
14 Apr, 2023, 06.01 AM IST
TPG-backed FirstCry nears $700 million IPO filingThe online baby product marketplace is seeking a valuation of at least $6 billion, said the people, who asked not to be identified as the i...
13 Apr, 2022, 10.06 PM IST
FirstCry’s NIIF deal falls through; Premji Invest to buy the stakeThe development comes at a time when FirstCry has also begun work to go public later this year. It appointed Kotak Mahindra Capital and Mor...
02 Apr, 2022, 12.39 AM IST
India's sovereign wealth fund invests in FirstCry; SoftBank, others offload stake in secondary dealChiratae Ventures and Newquest Capital Partners have also sold parts of their holding in the company. SoftBank will still have around 30% i...
03 Feb, 2022, 01.03 PM IST
GlobalBees enters unicorn club with $110 million funding led by Premji InvestPost the investment, GlobalBees said its valuation has risen to $1.1 billion.
28 Dec, 2021, 11.29 PM IST
PolicyBazaar raises over $238 million in SoftBank-led roundExisting investors including Info Edge (India) Ltd also participated in the Series F round, ETechAces, which owns PolicyBazaar and online l...
26 Jun, 2018, 08.12 AM IST
Premji’s success Myntra fetches 420% returnsPremjiInvest will make more than $130 million on its $25 million (Rs 155 crore) investment in Myntra in early 2014.
18 May, 2018, 08.28 AM IST
Snapdeal board rejects $800-$900 million buyout offer from FlipkartThe development comes days after Flipkart, the country’s largest online retailer, completed its commercial and legal due diligence of Snapd...
05 Jul, 2017, 09.05 AM IST
PremjiInvest writes to Snapdeal again for sale clarityThis is the second query, in as many months, from the investment firm asking how the rights of minority shareholders will be protected.
23 Jun, 2017, 09.16 AM IST
A Snapdeal board meet could end with a Flipkart dealPrimary stakeholders Snapdeal to meet today to thrash out the final details of its sale to rival ecomm firm Flipkart
02 May, 2017, 08.01 AM IST
Wipro Chairman Azim Premji calls on PM Narendra ModiPM Narendra Modi has been meeting business leaders regarding initiatives such as 'Digital India' and 'Make in India'.
30 Oct, 2014, 07.26 PM IST
Snapdeal co-founders Kunal Bahl and Rohit Bansal too contribute in recent funding roundHe declined to disclose the amount invested by the two cofounders or their exact stakeholding in the company, citing confidentiality.
30 Oct, 2014, 08.44 AM IST
SoftBank buys $627 million stake in online retailer SnapdealSnapdeal will use the investments in expanding its chain of fulfilment centres and make acquisitions specifically in the area of mobile tec...
28 Oct, 2014, 01.30 PM IST
Softbank's $650 million investment to value Snapdeal at $2 billionMultiple sources familiar with the transaction said that the fund-raising will leave Snapdeal with a valuation of around $2 billion.
16 Oct, 2014, 08.47 AM IST