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20 Nov 2020

Reliance Retail raises Rs. 47,265cr from sale of 10% stake

Billionaire Mukesh Ambani-led Reliance Industries announced that it has completed the sale of Rs. 47,265cr worth of stake in its retail arm, Reliance Retail Ventures Limited (RRVL), to a group of foreign investors.

30 Sep 2020

Reliance Retail scores Rs. 3,675cr from General Atlantic: Details here

The retail venture of Mukesh Ambani's Reliance Industries is going all guns blazing to take on Amazon and Walmart in India.

14 Sep 2020

Oracle wins TikTok US bid, but not for 'full sale'

After months of discussions and complications, Chinese giant ByteDance is finalizing a deal for the US business of TikTok.

02 Sep 2020

Ed-tech start-up Unacademy raises $150 million, joins elite unicorn club

Bengaluru-based ed-tech start-up Unacademy has joined the elite unicorn club of India.

27 Aug 2020

Ed-tech unicorn BYJU's secures $122 million from Russian billionaire's fund

Homegrown ed-tech unicorn BYJU's has raised $122 million (Rs. 909 crore) from DST Global, the investment fund started by Russian tech billionaire Yuri Milner.

22 Jul 2020

NewsBytes Briefing: Snap's revenue grows; Moderna's vaccine won't be cheap

The big story in the technology world is: Snap reported its earnings for Q2 2020 with notable gains - 9 million new users and 17% YoY growth in revenue.

03 Jul 2020

Jio Platforms scores Rs. 1,894 crore investment from Intel

Jio Platforms, the entity that holds the telecom and digital businesses of Mukesh Ambani's Reliance Industries Limited (RIL), has scored another big investment.

18 Jun 2020

Jio Platforms scores another investment: $1.5bn from Saudi Arabia's PIF

Mukesh Ambani's Jio Platforms has scored yet another multi-billion-dollar investment.

05 Jun 2020

Ambani's Jio Platforms scores another investment: $1.2 billion from Mubadala

In another multi-billion-dollar deal, Jio Platforms, the company holding the telecom and digital businesses of Reliance Industries Limited (RIL), has agreed to raise Rs. 9,093.6 crore from Mubadala, an Abu Dhabi-based sovereign investor.

22 May 2020

Jio Platforms raises Rs. 11,367 crore from KKR: Details here

Jio Platforms, the company holding the telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 11,367 crore ($1.5 billion) from US-based equity firm KKR.

17 May 2020

Jio Platforms raises Rs. 6,598 crore from General Atlantic

Jio Platforms, the entity holding telecom and digital businesses of Reliance Industries Limited (RIL), has raised Rs. 6,598 crore ($869.8 million) from US-based private equity firm General Atlantic.

19 Feb 2020

Indian ed-tech start-up Unacademy raises $110M from Facebook, others

Unacademy, one of the fastest-growing ed-tech start-ups in India, has now been backed by the biggest social media company in the world - Facebook.

08 Aug 2018

Workplace messaging service Slack is raising $400mn in new round

On the back of acquiring its rivals just a couple of weeks back, workplace messaging service Slack is reportedly raising more funding, this time around $400mn.

16 Aug 2017

Uber's $12bn investor deal hinges on Benchmark/Kalanick lawsuit

The troubled ride-hailing company Uber is reportedly looking to raise $12bn-worth funds from four investors, Japan's SoftBank Group, China's Didi Chuxing, and American equity firms Dragoneer Investment Group and General Atlantic.