Uber’s foray into food delivery in India has come to an end with the sale of the business to local peer Zomato through an all-stock deal.
Zomato's acquisition of Uber Eats comes hot on the heels of the company receiving a $150 million equity injection from China's Ant Financial. Uber will get a 9.99% stake in Zomato - valuing the business...
Swiggy, an Indian grocery delivery platform, has received $113 million in a Series I round led by Prosus Ventures, formerly known as Naspers Ventures and Food.
Sequoia Capital India has led a $32 million Series C round for Whatfix, an Indian software-as-a-service (SaaS) firm that helps enterprises increase digital adoption rates.
Suzanne Tavill, a Sydney-based managing director with StepStone Group, has been elevated to partner. It was one of four partner-level promotions made by the firm globally.
Minnesota State Board of Investment (SBI) is looking to commit $150 million to KKR’s fourth pan-Asian fund. This represents a step up from the $100 million it put into the manager’s previous vehicle.