Reliance Capital looking to sell its 1% stake in Paytm for $50-60 mn

Sell_think_feAnil Ambani-controlled Reliance Capital Ltd is reportedly in talks to sell its 1% stake in digital payments firm Paytm as it looks to trim its proprietary investment portfolio and monetise non-core assets. Press Trust of India reported, citing some people in the know of things, that the company was planning to raise Rs 335-402 crore […]

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Exclusive: Sixth Sense Ventures backs hyperlocal logistics startup Grab

Consumer centric venture fund Sixth Sense Ventures, floated by former IDFC Securities’ managing director and its co-head of research Nikhil Vora, has invested in Grab, the Mumbai-based hyperlocal logistics service provider, adding it as the fourth portfolio firm for its maiden fund. The company, which is run by Grab a Grub Services Pvt Ltd, had […]

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