Pine Labs gets nod from Singapore court to shift base to India
New Delhi: Leading merchant commerce platform Pine Labs has received approval from a Singapore court to amalgamate its local entity with its Indian unit
Source: siasat.com
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Temasek-backed Pine Labs joins PhonePe, Meesho in shifting base to India
Pine Labs is valued at over $5 billion and backed by investors such as Invesco, Temasek, Peak XV, and Alpha Wave.
Source: dealstreetasia.com
veera: Internet browser Veera says it has crossed 1 million users
Veera, India's browser, achieves 1 million users in a year with tailored content and ad blocking. Founder Arjun Ghose drives continuous innovation and user experience enhancement to revolutionize the internet browsing experience.
Source: indiatimes.com
Biryani bonanza: Eid stirs a surge in orders for India's favourite dish
People across India ordered about 6 million plates of biryani during Ramzan, which is a 15% increase over regular months, according to an analysis by food delivery platform Swiggy
Source: livemint.com
PGP Glass acquisition: Brookfield, Platinum slug it out to acquire PGP Glass; PE firms seek controlling stake now at $1.4-1.6 bn value
Brookfield's private equity division is in discussions with Blackstone, the world's largest alternative asset manager, to buy into PGP Glass, formerly Piramal Glass. The Canadian asset management giant is competing with US firm Platinum Equity Partners, a relatively unknown entity in India so far. The deal contours have changed as negotiations progress, with the PE suitors now seeking a stake of 65-75% with Blackstone owning the rest.
Source: indiatimes.com