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Medical devices maker Tynor Orthotics seeks new investors at Rs.3,500-4,000 crore valuation

Mumbai, Aug. 25 -- Promoters of Tynor Orthotics, a Mohali, Punjab-based medical equipment maker, have reinitiated talks for a majority stake sale that will value the company at about Rs.3,500-4,000 cr... Read More


Dream11, Games 24x7, MPL hit as parliament clears real-money gaming ban

Mumbai, Aug. 21 -- Startups such as Dream11, Probo, Zupee, Nazara-backed Moonshine Technologies that runs PokerBaazi, Games 24x7, and Mobile Premier League (MPL) are shutting down their main business ... Read More


Dream11, Games 24x7, MPL hit as parliament clears bill to ban real-money gaming

Mumbai, Aug. 21 -- Startups such as Dream11, Probo, Zupee, Nazara-backed Moonshine Technologies that runs PokerBaazi, Games 24x7, and Mobile Premier League (MPL) are shutting down their main business ... Read More


Temasek-backed Haldiram plans southward push through acquisitions

MUMBAI, Aug. 19 -- Temasek-backed Haldiram Snacks Food Pvt. Ltd is scouting for acquisitions to expand its pan-India presence, particularly in the South, according to two people familiar with the matt... Read More


⁠Country Delight's backers look to dilute Orios Venture Partners' stake amid larger fundraise

New Delhi, Aug. 4 -- Country Delight's existing investors are looking to buy a part of Orios Venture Partners' eight-year-old stake in the company as the direct-to-consumer fresh food brand prepares f... Read More


Accion Labs sale kicks off; TA Associates, True North eye $1 billion valuation

Mumbai, July 29 -- Private equity investors TA Associates and True North are looking to exit their stakes in Pittsburgh, US-based digital engineering firm Accion Labs Holdings Inc. The two investors h... Read More


Fi Money shuts down some features, trims workforce to stay afloat

Mumbai, July 10 -- Neobanking startup Fi Money, backed by investors such as Temasek and Peak XV Partners, has laid off people and shut down some features to stay afloat, three people close to the deve... Read More


Z47 to raise $300-400 million maiden fund, its first since Matrix split

Mumbai, July 8 -- Z47, formerly Matrix Partners India, is in early discussions to raise its first fund, multiple people aware of the matter told Mint. The fund is likely to target a corpus of $300-400... Read More


Private equity giants circle Axis Finance in potential $1 billion deal

Mumbai, July 7 -- Global and domestic private equity firms including Blackstone, Kedaara Capital, Advent International, and Warburg Pincus are in talks to acquire a 40-100% stake in Axis Finance, the ... Read More


With multiple startups IPO-ready, Tenacity Ventures now plans a bigger second fund

Mumbai, July 3 -- Tenacity Ventures, backed by founders of Dream11, is gearing up to launch a $150 million second fund even as several companies from its debut portfolio move closer to public market l... Read More