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Business News > Mint Authors > Joseph Rai

Joseph Rai

Joseph Rai reports on the venture capital industry and deals in healthcare and tech startups for VCCircle and Mint. He has spent over 11 years in business journalism, having previously worked with Reuters and a startup, Contify.

ARTICLES BY JOSEPH RAI

OKCredit connects small business owners, suppliers and customers, and enables them to record their transactions. Photo: Mint

OkCredit is looking for a buyer

3 min read . 31 Aug 2022

Sequoia Capital India has pared its stake in Zomato Ltd by selling shares in the open market, joining Tiger Global, Uber and Moore Strategic Ventures among investors who have either fully or partially sold their holdings in the online food delivery aggregator in recent weeks (REUTERS)

Sequoia Capital pares stake in Zomato

1 min read . 26 Aug 2022

Several private equity firms are preparing to exit hospital investments to capitalise on the easing of the coronavirus pandemic and a rebound in businesses in their portfolios. (File Photo: Mint)

Ontario Teachers’ to pick up stake in Sahyadri Hospitals from Everstone

1 min read . 17 Aug 2022

Paytm said its loan disbursals in July grew fourfold to 2.9 million. However, the total loan value grew more than sixfold to ₹2,090 crore. (Photo: HT)

Call for CEO change hits Paytm

3 min read . 13 Aug 2022

In June, Zomato agreed to acquire Blinkit for ₹4,447 crore. (Mint)

Zomato rejects EY’s new valuation that lowers its share price for Blinkit deal

1 min read . 05 Aug 2022

Consolidated revenue from operations rose 16% to ₹1,413.9 crore from ₹1,211.8 crore in the March quarter and 67% from ₹844.4 crore a year ago (MINT_PRINT)

Zomato’s net loss nearly halves to ₹186 cr in Q1

3 min read . 02 Aug 2022

Deepinder Goyal CEO zomato, (Mint)

Zomato to move to multiple CEO structure under larger organisation Eternal

2 min read . 01 Aug 2022

Vaidya’s resignation comes just weeks after Zilingo co-founder Ankiti Bose said in late June she had resigned from the company’s board citing “opacity of information” shared with her by other shareholdersPhotographer: Ore Huiying/Bloomberg

COO Aadi Vaidya resigns in new setback to Zilingo

1 min read . 29 Jul 2022

Prior to thsi funding round, Jai Kisan raised $30 million in debt and equity in its Series A investment led by Mirae Asset in May last year. (iStock)

Fintech Jai Kisan raises $50 million in Series B

1 min read . 29 Jul 2022

Troubles for Zilingo began after a whistleblower alerted the company’s investors about irregularities earlier this year, after which Bose was first suspended and then asked to leave by the board. Photographer: Ore Huiying/Bloomberg

Zilingo chief operating officer Aadi Vaidya resigns

1 min read . 29 Jul 2022

Care Hospitals did not disclose the value of the transaction but a person close to the development pegged the deal size at ₹300-400 crore.. istock

Care Hospitals buys significant majority stake in United Ciigma

3 min read . 29 Jul 2022

Byju Raveendran, founder of edtech firm Byju’s. (Photo: Mint)

Lawmaker Karti P Chidambaram asks fraud regulator to investigate BYJU's finances

2 min read . 21 Jul 2022

The number of M&A deals during the period also rose to 53 from 47 each in the first and second half of last year. Mint

M&A deal value in healthcare, pharma hits record high in first half of 2022

2 min read . 12 Jul 2022

Sebi is also discussing raising the cap with the Reserve Bank of India. mint

Indian funds’ overseas investment plans run into RBI barrier

2 min read . 08 Jul 2022

MarketWolf, operated by FnO India Securities Pvt. Ltd, will use the fresh capital to strengthen its product and hire across product, marketing and engineering teams, it added. (REUTERS)

Jungle Ventures, Dream Capital lead Series A round in MarketWolf

2 min read . 05 Jul 2022

With Sequoia having raised a record $2.85 billion new fund focused on India and Southeast Asia just last month, the venture capital firm will likely surpass the 100 deal mark this year as well. (REUTERS)

In ‘funding winter’, Sequoia remains leading VC firm

2 min read . 05 Jul 2022

Deepinder Goyal, founder and chief executive of Zomato. mint

Zomato to acquire Blinkit for ₹4,447 crore in all-stock deal

3 min read . 25 Jun 2022

Surge will increase its seed funding round ticket size from the current $1-2 million. (Photo: iStock)

Sequoia's Surge to increase seed round ticket size to $3 million

2 min read . 23 Jun 2022

A file photo of Biocon chief Kiran Mazumdar-Shaw. Photo: Hindustan Times

Kiran Mazumdar-Shaw co-founded biotech startup raises $15 mn in Series A funding

3 min read . 21 Jun 2022

Umang Bedi, co-founder, VerSe Innovation.

Dailyhunt marks overseas foray with Middle East launch

3 min read . 21 Jun 2022