NestAway raises $51 million from Goldman Sachs, others

by Akash Shah  Comments (0)
Home rental network NestAway Technologies has raised $51 million (about Rs 330 crore) from investors including Goldman Sachs and a joint venture firm of noted industrialist Ratan Tata. UC-RNT Fund, a joint venture between Tata Son’s...

Citi Ventures, PNC invest $6 million in HighRadius

by Akash Shah  Comments (0)
The fresh funding would be used for technology development, according to senior executives from Highradius on the condition of anonymity. The United States-based company had earlier secured a $50 million funding from Susquehanna Growth Equity...

Rs11,400 crore fraud at Punjab National Bank

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State-run Punjab National Bank (PNB) said it has unearthed fraudulent transactions of around Rs11,400 crore in one of its branches in Mumbai and filed a complaint with the Central Bureau of Investigation (CBI) on the...

Ola to shut down bus unit Shuttle

by Akash Shah  Comments (0)
Indian ride-hailing company Ola is completely shutting bus unit Ola Shuttle after scaling it down in several cities in recent weeks. The development comes as a surprise as it comes on the heels of Ola raising...

Capgemini to acquire ChrysCapital-backed LiquidHub

by Akash Shah  Comments (0)
French software services company Capgemini acquire LiquidHub, a digital customer engagement firm based in the US that counts Indian private equity firm ChrysCapital as an investor. Capgemini will pay about 400 million euros (Rs 3,184 crore),...

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