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Gopal Vittal, Airtel

Bharti Airtel (Airtel) and Warburg Pincus announced that an affiliate of Warburg Pincus will acquire up to a 20% equity stake in Bharti Telemedia Limited, the DTH arm of Airtel, for approximately U.S. $350 million. Of this, 15% stake will be sold by Bharti Airtel and the balance by another Bharti entity which holds 5% […]

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foodcloud

FoodCloud, India’s digital marketplace for home chefs has been accepted into Food-X, the #1 Global Food Innovation Accelerator. Food-X invests and partners with companies from across the food supply chain and helps them grow rapidly by deploying investment and some of the best mentors in the food industry. Food-X’s parent company, SOSV is a global […]

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Alphabet, Google, Investment, Uber, CapitalG, Lyft

Uber’s rival Lyft has raised $1 billion led by CapitalG, Google’s investment fund. The latest funding round values the ride-hailing company at $11 billion, the company announced. As part of the deal, CapitalG Partner David Lawee will be joining Lyft’s board. The ride-hailing company said that the money will not only help its business, but the ride-sharing industry […]

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Ashwin Bhandari, iVOOMi

This investment will be utilized in strengthening its niche in the Entry level Smartphones segment in the Indian market. iVOOMi focuses on making a strong foothold in the market through strategic alliances with technology and retail giants.

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