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Edtech startup Byju’s is acquiring Blackstone Group-backed Aakash Educational Services in an estimated USD 800- million cash-and-stock deal. According to a report by Economic Times, after the transaction, Blackstone Group and Aakash Institute’s founders will hold a minority stake in Read more
FDI equity inflows into the country during April-January 2020-21 grew by 28 per cent to USD 54.18 billion, according to the Commerce and Industry Ministry data released on Monday. Foreign direct investment (FDI) inflows during April-January 2019-20 stood at USD Read more
Swiggy, an online food delivery brand, has approximately raised a sum of $800 million from its investors including Goldman Sachs, Amansa Capital, Think Investments, Falcon Edge and Carmignac. This information was shared by brand’s founder Sriharsha Majety in an internal Read more