MILAN / MUMBAI — In a landmark cross-border transaction that reshapes the global commercial vehicle landscape, Indian automotive titan Tata Motors has successfully crossed the finish line in its takeover bid for Italy’s iconic truck and powertrain maker, Iveco Group. According to an official corporate release issued by Tata Motors, the all-cash voluntary tender offer—executed […]
Goldman Sachs Offloads ₹168.7 Cr Stake in Eternal as Institutional Shuffle Continues
In a significant move that highlights the ongoing churn among institutional investors in the Indian foodtech sector, global financial powerhouse Goldman Sachs has offloaded a substantial portion of its stake in the quick commerce and food delivery giant, Eternal. The transaction, executed via a block deal on the National Stock Exchange (NSE), saw the divestment […]
Qualcomm Scales Back Stake in Shadowfax as Logistics Giant Rides Growth Wave
Executive Summary: A Strategic Exit Amidst Market Optimism In a move that highlights the ongoing churn among early-stage investors in India’s burgeoning logistics sector, Qualcomm Ventures has offloaded 57.1 lakh shares of the listed logistics major, Shadowfax. Executed via an open-market transaction, the sale raked in ₹157.3 Cr, marking yet another significant exit for a […]
Lenskart Faces Investor Sell-Off: Alpha Wave Ventures Offloads ₹1,704 Cr Stake Amidst Stock Volatility
By Business Desk October 12, 2026 The omnichannel eyewear giant Lenskart experienced a volatile trading session today as shares dipped approximately 4.4% to close at ₹647.95 on the BSE. The downward pressure followed reports of a significant bulk deal executed by early-stage investor Alpha Wave Ventures, which moved to monetize a portion of its holding […]
Pre-IPO Momentum: Fusion CX Secures Major Backing as Institutional Investors Snap Up ₹120 Crore Stake
By Financial Desk October 11, 2026 As the Indian capital markets continue to exhibit robust appetite for technology-driven service providers, Kolkata-based customer experience (CX) solutions giant Fusion CX has set the stage for its upcoming initial public offering (IPO) with a significant pre-IPO secondary market transaction. In a move signaling strong institutional confidence, marquee investors—including […]
Peak XV Trims Stake in Awfis as Coworking Giant Faces Market Headwinds Despite Strong Financials
NEW DELHI — In a major secondary market transaction that highlights the shifting dynamics between venture capital liquidity needs and public market performance, early backer Peak XV Partners has significantly pared down its holdings in prominent coworking space provider Awfis Space Solutions. The venture capital giant offloaded 12.2 lakh shares in a bulk deal valued […]
Apollo Pipes Expands into the Building Materials Segment with a Controlling Stake in Mazzini Tiles
Mumbai: In a decisive strategic move to deepen its footprint within India’s fast-evolving building materials sector, Apollo Pipes Ltd announced that its newly incorporated subsidiary, Apollo Ceramics Ltd, has successfully acquired a 76% equity stake and profit-sharing rights in Morbi-based Mazzini Tiles LLP. Executed for a cash consideration of ₹40.42 crore, the transaction grants Apollo […]
Accel Trims Stake in Logistics Giant BlackBuck in INR 155.5 Cr Open-Market Block Deal; Abakkus Acquires Shares
NEW DELHI — In a significant secondary-market transaction highlighting the growing maturation and profitability of India’s B2B logistics tech ecosystem, venture capital major Accel has offloaded a portion of its early-backed investment in digital freight platform BlackBuck. Accel India, acting through its affiliate entity Accel India IV (Mauritius), successfully divested 27 lakh equity shares of […]