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Business
In Swiggy’s Rs 10,000 crore QIP, mutual funds emerge the largest investors
ICICI Prudential, SBI MF and Aditya Birla Sun Life MF account for 37% of the delivery giant’s fundraise.
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Business
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.
Business
Sunil Munjal invokes shares in Bira-linked entity
In another blow, founder Ankur Jain stands to lose further control over his troubled beer brand.
Internet
Alaan investment signals Peak XV’s Middle East fintech ambition
A big Series A funding round in the Gulf, real estate’s luxury updates and other headlines from the week.