investing Embassy Group receives ₹725 cr from KKR for Bengaluru project Over the past decade or so, KKR has invested over $8 billion in Indian companies, one of the largest capital exposures by a global PE investor in India. By Deepti Chaudhary
people Fortis Healthcare appoints former Narayana Hrudayalaya executive as CEO Ashutosh Raghuvanshi has been with the Bengaluru-headquartered Narayana Hrudayalaya for 18 years. By Deepti Chaudhary
macro Flipkart dismisses Morgan Stanley report; reiterates Walmart’s commitment to India In an internal email to employees, Kalyan Krishnamurthy, chief executive of Walmart-backed Flipkart, says Walmart is unfazed by any short-term hurdles. By Deepti Chaudhary
macro Target: The new Indian shopper Walmart paid a staggering $16 billion to take control of Flipkart, as it bet on the country’s growing consumption boom. By Debabrata Das AND Deepti Chaudhary
bengaluru-buzz Will Fireside Ventures’ consumer bet pay off? The Bengaluru-based company has deployed ₹204 crore across 18 investments so far. By Deepti Chaudhary