The deal has been signed for an enterprise value of close to $1 billion.
Advent invested in Manjushree Technopack in 2018. The US-based PE fund was looking for an exit from the company.
Binny will be missed!" He said Sabharwal has an incredible depth of understanding of India's macro economy. "Coupled with his leadership in shaping India's policies for education, employment, and employability will be invaluable as PhonePe continues to work ahead towards our shared vision of a Viksit Bharat by 2047," he added.
Diese Geschichte stammt aus der November 23, 2024-Ausgabe von The Morning Standard.
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Diese Geschichte stammt aus der November 23, 2024-Ausgabe von The Morning Standard.
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Air Travels From 'Poor' To 'Severe'
After brief respite, it deteriorates to 'severe' levels by night with AQI above 400-mark
UNPACKING A SHIFTING IDENTITY
Historian Manu S Pillai breaks new ground with his latest book, Gods, Guns and Missionaries: The Making of the Modern Hindu Identity, interlacing a diverse cast of maharajahs, poets, revolutionaries, philosophers and missionaries to explore the political, cultural, and colonial forces that shaped the modern Hindu identity
Gukesh loses as Ding pulls off a classic
After four hours and change in the humble, unglamorous everyday office chair, Ding Liren finally got up. He left the playing hall for a break.
Biggest and brightest: India script 'special' win
Bumrah & Co register 295-run victory, take 1-0 lead against Oz
From almost being MI net bowler to ₹4.8 crore signing: Allah's journey
LESS than a year ago, Allah Mohammad Ghazanfar was excited to be a net bowler for Mumbai Indians for the 2024 edition.
Odisha FC hit six past listless Hyderabad FC
ODISHA FC produced a splendid performance to overcome Hyderabad FC 6-0 in the ongoing Indian Super League here on Monday.
Have enough cash to service debt, says Adani Group
Amid brewing troubles after the US Department of Justice (DoJ) indictment in a bribery case, the Adani Group has reassured investors that all its listed companies have sufficient liquidity to cover all debt servicing requirements for at least the next 12 months.
Amazon India plans quick commerce service 'Tez' by early next year
AMAZON India mulls foraying into the quick commerce space early next year with Tez, and a separate team is working on the project currently to understand its feasibility, and also to enhance its supply chain, according to sources.
More investors look to review ties with Adanis
Developments could have ramifications not only for group's global expansion but also funding of domestic projects
IndiGo's mkt share reaches to 63.3% in Oct
THE market share of IndiGo surged to a high of 63.3% in October 2024 as the country's largest airline carried 86.40 lakh passengers during the reported month, according to monthly data released by the aviation regulator DGCA.
