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Crypto's shopping hack; Centre eyes Meta child safeguardsIndians are buying groceries, fuel, food and gold via gift cards on overseas crypto platforms. This and more in today's ETtech Top 5.- India's leading high frequency trading firm turns to bonds for capitalAlphaGrep has raised two billion rupees through bond issuance. This move comes after new Reserve Bank of India regulations. Banks now face ...
- Amazon hires banks for first ever sterling bond saleAmazon has engaged banks to facilitate its inaugural sterling bond sale, targeting a range of maturities. This initiative aligns with the t...
- Bajaj Finance buys 5% stake in AI video startup TrueFanBajaj Finance has successfully secured a five percent share in TrueFan AI, significantly strengthening their existing collaboration while e...
- Whatfix appoints cofounder Vara Kumar as CEO after Khadim Batti’s deathWhatfix, the innovative enterprise software startup, has announced the appointment of Vara Kumar as its new chief executive officer followi...
- French AI company Mistral hits $24 billion valuation in funding roundMistral said that the round was jointly led by existing investor PSG Equity, along with South Korea's Samsung Electronics and the EU-backed...
- True Balance scores 100% of loan applications with AI, looks beyond credit bureaus to curb defaultsTrue Balance now uses AI for loan applications, retaining human review for some cases. This approach helps assess borrowers with limited cr...
- Nvidia-backed Firmus signs deal with OpenAI for Malaysia data centre capacityAustralia's Firmus said on Tuesday it had signed a multi-year deal with OpenAI to supply computing capacity from two Malaysian data centres...
- W Health Ventures closes second fund at Rs 700 croreThe second fund has so far incubated two companies: cancer-care platform Everhope Oncology, built in partnership with Narayana Health, and ...
- Taiwan's Wistron raises $1.5 billion in global share sale to fund raw material purchasesNvidia supplier Wistron is raising $1.47 billion through a global share sale as surging AI spending drives demand for servers and component...
- Udaan to buy Swiggy’s Lynk; India’s BRICS tech pushUdaan is set to acquire Swiggy-owned Lynk Logistics. This and more in today's ETtech Top 5.
- Voice AI startup Navana raises Rs 40 crore from Ronnie Screwvala, othersNavana successfully raised forty crore rupees in its recent funding round, aimed at broadening its presence in the banking and financial se...
- Oracle earnings: AI growth, OpenAI deal and $20 billion funding planOracle's upcoming earnings will put its AI cloud growth, massive $638 billion backlog and funding requirements under the spotlight. Investo...
- Infosys, HCLTech, TCS, other IT stocks drop up to 3% as Fed rate hike worries return. Here's whyIndian IT stocks dropped on Monday as stronger-than-expected US jobs data revived concerns over a September Federal Reserve rate hike. The ...
- India set to pitch tech synergy for cementing BRICSIndia is keen to complete three major multilateral projects under its chairmanship of the 11-country bloc. The global research advanced inf...
- Cloud infrastructure provider Nscale seeks about $3.5 billion pre-IPO fundingNscale intends to sell as much as $1.5 billion of convertible notes to a group of investors and aims to secure about $2 billion from Nvid...
- ByteDance secures $29.6 billion loan in AI push, sources sayByteDance secured a massive $29.6 billion loan from nearly thirty banks. Chinese banks provided over sixty percent of this significant loan...
- AI startup Crusoe valued at $30 billion after new fundingSeparately, the startup has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg ...
- ETtech interview: India’s semiconductor ambitions could take decades to mature — SiMa AI CEO Krishna RangasayeeSiMa AI CEO says India’s push to build a globally competitive semiconductor industry could take decades, requiring more than fabs, includin...
- AI startup Wonderful valued at $5 billion in latest funding roundThe round, led by Insight Partners, included participation from Salesforce and existing investors Index Ventures, IVP, Vine Ventures, 9Yar...
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