Ecosystem Weekly | 8th Nov ’20
Saudi Arabia’s PIF invests Rs 9,555 Cr in Reliance Retail
Billionaire Mukesh Ambani-run Reliance Industries’ retail arm on Thursday raised Rs 9.5K Cr from PIF of Saudi Arabia, taking the total fundraise in the last two months to Rs 47K Cr.
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TPG, Temasek-backed Manipal Hospitals to acquire Columbia Asia’s India ops
Multi-speciality healthcare provider and operator Manipal Hospitals has announced that it will fully acquire Columbia Asia Hospitals Pvt Ltd, just weeks after reports suggested that the two were in advanced acquisition talks.
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Startup News Snippets
M&A News
Market Pulse
- Bengaluru-based AI-based marketing cloud startup PyxisPM has raised $7 Mn in Series A funding led by Chiratae Ventures, Pi Ventures and Exfinity Venture Partners
- Bengaluru-based e-commerce startup Glowroad has raised $7 Mn funding from Accel and Vertex Ventures
- Gurugram-based fintech company One MobiKwik has raised $6 Mn from Hindustan Media Ventures
- Vadodara-based electric vehicle charging startup CHARGE+ZONE has raised $3 Mn in pre-Series A round led by Venture Catalysts
- Gurugram-based education technology firm Stones2milestones has raised $3 Mn in bridge funding led by existing investor Unreasonable Capital and Goldhrish Foundation
- Mumbai-based quick service restaurant startup Charcoal Eats has raised $2 Mn in funding round led by Lokmat Investments
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