PAG to acquire 51% in wealth management, investment banking biz of Edelweiss for Rs 2,244 cr PAG has agreed to buy a controlling stake in the wealth management and capital markets business of Edelweiss Financial Services that also includes investment banking, its first large deal in the country after setting up a local base in 2019….

Lightspeed raises $275 million in funds for India Lightspeed India Partners on Tuesday announced it has closed $275 Mn from LPs for its third fund as the top American venture firm looks to ramp up its investments in the world’s second-largest internet market. Read More Baring PE Asia betting $133 Mn on RBL Bank; Gaja to return,…

Shell eyes stake in Nayara’s $9 bn petrochemical project Oil major Royal Dutch Shell plans to buy a 50% stake in Indian-based Nayara Energy’s up to $9 billion planned petrochemical project Read More E-health cos Medlife and PharmEasy in talks for $200 million merger deal E-health companies Medlife and PharmEasy are in talks for a…

DST Global to pump money in Byju’s DST Global, the investment firm headed by Russian-Israeli billionaire Yuri Milner, may invest up to $400 million (Rs 3,005 crore) in Indian ed-tech unicorn Byju’s at a valuation of about $10.5 billion Read More Byju’s has acquired edtech startup WhiteHat Jr. for $300 million Byju’s has acquired edtech…

Brookfield eyes stake in RMZ’s office projects to add heft in proposed REIT Canada’s Brookfield Asset Management is in talks to strike a deal for the office projects of Bengaluru-based developer RMZ Corp. Read More SaaS Unicorn Freshworks Bags $85 Mn From Steadview Capital Indian SaaS unicorn Freshworks has raised $85 Mn in Series H…