Reliance Retail, Jio IPO unlikely to be announced in RIL AGM: JPMorgan

Reliance Industries Ltd (RIL) is unlikely to announce the initial public offerings (IPOs) of Jio and Retail in this year’s annual general meeting (AGM), as per global brokerage JPMorgan, as RIL AGM’s expectations continue to center on the potential de-merger of the retail and telecom businesses. Know more

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Ronnie Screwvala’s upGrad Raises $225 Mn, Valuation Soars To $2.25 Bn

Ronnie Screwvala’s upGrad raised $225 Mn in a fresh round of funding from James Murdoch’s Lupa Systems LLC and Educational Testing Service (ETS), a US-based testing and assessment company which develops standardised tests such as Test of English as a Foreign Language (TOEFL) and Graduate Record Examination (GRE). Know more

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Singapore’s GIC pumps $48 Mn in Wow Skin Science

Personal care brand Wow Skin Science has raised Rs 375 crore or $48 million from Singapore-based GIC (Waverly Pte Ltd). Last month, the ChrysCapital-backed company had announced its fundraising without disclosing the amount. Know more

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