Gati, Peepul Capital and TVS Logistics are looking to acquire beleaguered ecomm co Snapdeal's logistics arm, which may provide a much-needed capital relief to its cash-starved owner
FreeCharge was acquired by Jasper in 2015 in a deal estimated at $400-450 mn in what was then the largest acquisition in the Indian startup landscape.
Wellington Management is one of the two new investors that ETechAces Marketing and Consulting is in talks with for raising fresh funds.
The Bengaluru-based company, which is valued at over $1 billion, has been acquiring smaller startups since late 2015 in deals that have been mostly stock-based.
This is the second query, in as many months, from the investment firm asking how the rights of minority shareholders will be protected.
Investors are increasingly becoming more involved in steering the fortunes of domestic Internet companies after pouring in millions of dollars into them in 2014 and 2015.
Eight of the dozen founders of Housing.com have written to the board of the combined entity complaining about not being offered equal share terms.
The duo are currently on a gardening leave till July end and are expected to launch their own venture debt fund later this year.
As managing partner at SAIF Partners, Adusumalli has often struck gold. The VC firm’s total $70 mn investment in Paytm is now estimated to be worth about $1.5 bn.
Share sale in India’s internet companies like Flipkart, Paytm to new investors provides breather to VC firms
The investment exits this year are being crafted mostly through secondary share transactions, with new investors acquiring equity in a company from earlier investors.
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