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1 min read
Shadowfax secures $100 mn in Series E funding led by TPG NewQuest
Logistics service provider Shadowfax on Tuesday announced the closing of its Series E funding round…
1 min read
Jana Small Finance Bank IPO subscribed 88% on first day of bidding
The Initial Public Offering (IPO) of Jana Small Finance Bank was subscribed 88 per cent on the firs…
PTI
10 mins read
PE and VC investors make a killing in the 2023 bull market
Indian stock markets have appreciated by over 7% in the last one year. The benchmark indices have a…
1 min read
TPG surges 14% in public debut after first major IPO of the year values the private equity giant at $10 billion
The firm priced its IPO at $29.50 per share, selling 33.9 million shares to raise about $1 billion …
Matthew Fox
1 min read
Home decor company Livspace lays off 100 employees
Home interiors and renovation platform Livspace has laid off at least 100 employees as part of cost…
1 min read
TPG makes a billion dollar bet on Tata Motors’ EV dreams
Tata Motors will form a new subsidiary for its electric vehicle business that will hold the inve…
2 mins read
TPG to acquire Adar Poonawalla-led group’s housing finance arm at ₹3,900 crore valuation
US-based private equity major TPG has agreed to acquire the housing finance arm of Adar Poonawalla-…
4 mins read
Mumbai gets its first public electric vehicle charging station at Kohinoor Mills
The charging infrastructure has been set up by Power Bank, the EV charging solutions brand from …
PTI
2 mins read
Former TPG Capital executive Bill McGlashan will plead guilty in the US college admissions scandal
McGlashan paid Rick Singer - the scandal's "ringleader" - $50,000 to have his son's ACT exam answer…
Brittany Chang
2 mins read
Livspace earmarks $100 mn to invest in D2C brands in home segment
Home interiors and renovation platform Livspace on Monday said it has earmarked $100 million to inv…
3 mins read
Reliance Jio lands its 9th and 10th investment – ₹4,546.80 crore from TPG and ₹1,894.50 crore from LVMH-backed L Catterton
It also announced its 10th deal ₹ 1894.50 crore by L Catterton, one of the world’s largest consu…
2 mins read
Etihad makes dramatic U-turn with intention to raise stake in ailing Jet Airways
As the deadline for bids to purchase a stake in Jet Airways has been extended till April 12th, th…
2 mins read
AI startup Fractal is now a unicorn after raising $360 million funding from TPG
Mumbai and San Francisco-based Fractal has raised $360 million in funding from private equity inves…
2 mins read
Jet Airways’ desperate search for a new investor takes it to the US, Singapore and UAE
Under the airline’s resolution plan, a consortium of banks, led by SBI, will conver…
2 mins read
Personal loans fintech platform KreditBee raises $80 million in Series-D investment round
KreditBee, one of India’s leading fintech platforms, has secured $80 million as a part of its ongoi…
1 min read
Dream11's parent firm gets $225 million in fresh funds – valuation could hit $2.5 billion for the gaming unicorn
Dream11’s long time investor Chinese tech giant Tencent’s stake (10.9/%) was set to come down wi…
3 mins read
Former Ford CEO Mark Fields will join private-equity group TPG Capital
TPG is a private-equity and alternative asset giant with over $73 billion in assets under managemen…
Matthew DeBord
1 min read
Shriram Capital Chairman Arun Duggal Resigns
“ We are not aware of the reason behind his resignation. However, we know that he has resigned,” a …
1 min read
Lenskart Raises Rs 135 Crore As Fresh Capital
“In TPG, we found strategic partners and advisors with proven capability to build a large consumer-…
1 min read
Former Infosys consulting chief hired for IBM’s Watson project
He has been designated as a global leader of Watson for IBM's global business services division. "…