Page 4 - Alpha Wave News Today

Cricket non-fungible token (NFT) platform Rario has announced to shut down its current product from January 29, and will launch a new product by March.The first test match between India and England will be the last game that we will host on its ...

SVF Holdings (Cayman) Ltd, a SoftBank entity, sold 12.7 million equity shares of Paytm between December 19, 2023 and January 24, according to a stock exchange filing by SoftBank.

Asia is the new Europe for private equity, with a starry lineup of fund managers vying for a piece of the action in the market.

This will be the largest fund-raising round by Bigtree Entertainment Pvt. Ltd, which operates BookMyShow. Reliance unit Network 18 is the largest shareholder with a 37% stake.

KKR is in advanced negotiations to invest ₹2,087-2,505 crore ($250-300 million) for a significant minority stake in Reliance Industries Ltd-backed BookMyShow (BMS) through a secondary share sale by existing financial investors, said people with knowledge of the matter.

India Business News: Private equity firm KKR is in advanced negotiations to invest up to $300 million in Reliance Industries-backed BookMyShow, according to a report. The investment highlights the positive turnaround of BookMyShow after facing challenges during the Covid-19 pandemic.

Global investment firm Alpha Wave has raised $45.7m so far from US investors for its latest PE fund that will likely invest in India.

Foreign institutional investors (FIIs) sold shares worth Rs 865 crore, while domestic institutional investors (DIIs) purchased Rs 1,607.08 crore worth of stocks on January 11, provisional data from the NSE showed.

As Indias second batch of unicorns go public, SoftBank’s Sumer Juneja says the countrys mutual funds are the most important cogs in the wheel of pricing IPOs.

SoftBank, which has backed players such as Swiggy and FirstCry, is gearing up to restart its investments in Indian startups after a gap of 18 months.