Ecosystem Weekly | 22nd Nov ’20
Blackstone, Embassy Group to sell office park to REIT for $1.3 Bn
Private equity giant Blackstone and Bengaluru developer Embassy Group will sell an office park they own in Bengaluru to a real estate investment trust they have jointly sponsored for $1.3 Bn
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JSW Infrastructure acquires Chettinad Group’s ports business
JSW Infrastructure Ltd, an arm of the publicly listed JSW Steel Ltd, has acquired the ports business of the Chennai-based Chettinad Group
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Startup News Snippets
M&A News
Market Pulse
- Mumbai-based fashion brand DaMENSCH has raised $7 Mn in funding led by Matrix Partners India, Saama Capital, Whiteboard Venture Partners, and Alteria Capital
- Bengaluru-based online platform for buying and selling dairy and cattle Animal Technologies has raised $6 Mn in Series A funding led by Sequoia Capital India Seed Investment
- Thane-based fantasy gaming platform PlayerzPot has raised $3 Mn in Series A funding from unknown investors
- Bengaluru-based AI-driven deep-tech content startup Instoried has raised $1 million in pre-Series A funding led by 9Unicorns and Mumbai Angels
- New Delhi-based personal care startup Arata has raised $1 Mn in pre-Series A funding led by Nikhil Vora and Rohan Vaziralli. Existing investor DSG Consumer Partners, along with promoters also participated in this round
- Mumbai-based professional services MNC EY India has acquired Gurugram-based end-to-end skilling platform Spotmentor Technologies
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