Transaction: Zomato has raised $660 million in an investment round at the valuation of $3.9 billion. Tiger Global Management, Baillie Gifford, Luxor Capital, Kora Capital, Steadview, D1 Capital and Mirae Asset were the investors who participated in this round. On top...
Reliance Retail Ventures Limited (RRVL) completes fund raise Rs. 47,265 Crore for 10.09% stake in the company. RRVL replicated the speed with which it raised funds for JIO platform earlier in the year. Reliance Retail Ventures Limited is a subsidiary of Reliance...
Biocon Ltd., a bio-pharmaceutical company, announced that the Board of its subsidiary Biocon Biologics Ltd (Biocon Biologics) has approved a Rs.1,125 Crore (approx. USD 150 million) fund raise from Goldman Sachs. As per the proposed terms, Goldman Sachs will be issued...
RBI announced a draft scheme for amalgamation of Lakshmi Vilas Bank (LVB) and DBS India Ltd (DBIL), wholly owned subsidiary of DBS Singapore in November. DBS will infuse Rs. 2500 Crore into DBIL as and when the scheme is approved. DBS is a major Singapore based bank....
Read about fund raising by private banks through Qualified Institutional Placements (QIP), contraction in GDP and continued gains of stock markets in Capital Market updates published in September 2020 in Ahmedabad C.A. Journal. In Mergers & Acquisitions and...
