Blackstone

Blackstone sells IBS Software stake to Apax for $450 million

Blackstone has reached a definitive agreement to sell its stake in the Indian SaaS startup IBS Software to Apax for $450 million, the three said Monday, the latest in a series of late-stage deal activ

After GoFundMe, Rob Solomon is flying a $200M Kite in the land of commerce

Through strategic M&A, Kite will provide brand founders with capital, operations and technology to accelerate their business across “every channel,” from e-commerce to social, retail and beyond.

Cvent to go private again in $4.6B Blackstone deal

Meetings and events management software provider Cvent is to be taken private yet again, as part of a $4.6 billion transaction involving two of the biggest players in the private equity sphere. Today&

Byju’s clears $230 million payment to Blackstone for $1 billion Aakash deal

Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash, a source familiar with the matter told TechCrunch,

Connect with Google Cloud for Startups, Blackstone Launchpad and more at TechCrunch Disrupt

Mark your calendars, startup fans, because TechCrunch is returning — live and in person — to the beautiful City by the Bay to host our flagship event, TechCrunch Disrupt, on October 18–20 at the

Waysia raises €10M to deliver Asian grocery in Europe

COVID-19 has reshaped our lives in many ways and given rise to a plethora of services tailored to these newborn needs. Waysia, an Asian grocery delivery platform, is one such startup that retooled in

PayCargo, a fintech for the freight industry, raises $130M

Shipping and cargo services is one of the more fragmented and analogue verticals in the world of industry, with hundreds of thousands of businesses involved in myriad aspects of a process that is fund

Candle Media, the new media company co-backed by former Disney execs, acquires Gen Z-focused ATTN: for $100M

Candle Media, the new media company headed by former Disney execs, Kevin Mayer and Tom Staggs, has made another acquisition — this time with an eye on social storytelling and reaching a Gen Z to

Luxus wants the crown jewel of your portfolio to be an actual diamond

A much-anticipated market downturn may finally be here, and investors have been preparing for it by diversifying their portfolios away from the traditional stock and bond holdings, and into alternativ

Win the TC Sessions: Climate student pitch-off and go to Disrupt 2022 on our dime

Here’s a fantastic opportunity for all university-level, student-led climate startups determined to alter the course of climate change. Buy a student pass to TC Sessions: Climate and The Extreme Tec

Indian logistics firm Xpressbees becomes unicorn with $300 million fresh funding

Xpressbees, an Indian logistics startup that works with several e-commerce firms in the country, has more than tripled its valuation to $1.2 billion in a new financing round. The Pune-headquartered st

Hotel Engine raises $65M at a $1.3B valuation as corporate travel rebounds

With the pandemic heading into its second year, people all over the world are traveling more for work again. If you’ve flown anytime in the past few months, the packed planes are in part evidence of

InCloudCounsel raises $200M, rebrands as Ontra to expand its automation tools for contract management

A typical enterprise grapples with hundreds or thousands of agreements, contracts and other legal documents every year, and it usually engages costly legal counsel either inside or outside the company

Nomad Homes raises $20M to create a personalized house hunting platform for Europe, Middle East

The company is creating its own MLS for the regions and applies technology to the expertise provided by local customer services experts who assist from the initial search to closing on the home.

How a Vungle-owned mobile marketer sent Fontmaker to the top of the App Store

Does this sound familiar? An app goes viral on social media, often including TikTok, then immediately climbs to the top of the App Store where it gains even more new installs thanks to the heightened

Reese Witherspoon’s Hello Sunshine sold to new media firm from former Disney execs

Hello Sunshine, Reese Witherspoon’s media company that has produced content for streaming services like Hulu, Apple and HBO, among others, has been sold to a yet-unnamed new media firm run by fo

Blackstone acquires majority stake in Simplilearn for $250 million

Blackstone is acquiring a majority stake in Bangalore and San Francisco-headquartered edtech startup Simplilearn for $250 million. Simplilearn operates an eponymous online bootcamp to help people lear

Austin-based iFly.vc closes $46M second fund from legendary tech founders

To compete with the myriad venture capital firms in Silicon Valley, iFly.vc has a unique vantage point. Its founder Han Shen has straddled the United States and China for several decades. He was the f

Blackstone acquires tech publisher IDG for $1.3B, as private equity strikes again

It’s been a busy week for private equity, with Cloudera, Stack Overflow and FireEye coming off the board on Tuesday and Wednesday. Today Blackstone bought media and data company IDG for $1.3 bil

Homeward secures $371M to help people make all-cash offers on houses

Trying to buy a house in a competitive market is perhaps one of the most stressful things an adult can go through. Competing with a bunch of people all putting offers on a house that fly off the marke
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