Tag: Hands

  • Zomato’s 1.1% Stake Changes Hands Amid Reports Of SoftBank Selling Shares

    Every move matters in the business world, and the most recent development concerns SoftBank’s venture capital fund, SVF Growth, which is considering buying a 1.1% share in Zomato, the dominant Indian meal delivery service. The deal was for an astounding 10.24 billion rupees, or about $123.24 million. This move’s timing is interesting, since in August…

  • Davidson Kempner hands Aakash stake to Manipal’s Pai at 75% profit

    The transfer of US hedge fund Davidson Kempner’s stake in test-prep company Aakash to hospital chain Manipal Group chairman Ranjan Pai is a significant move in the EdTech space. This calculated action is a component of a larger deal with Byju’s, the well-known EdTech company that controls Aakash. The transaction has significance for the parties…