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Bajaj Finserv lines up Rs 2,000 crore for AI, cybersecurity and quantum technologiesBajaj Finserv is launching Finserv Intelligence, a ₹1,500-2,000 crore, five-year initiative to build scalable technology solutions for Indi...- Rs 199 for a diet coke: How Q-commerce is capitalizing on India's canned drink deficitImported cans of Diet Coke, Coke Zero, 7 Up Zero Sugar and other soft drinks are being sold on quick commerce platforms at nearly five time...
- ETtech Explainer: Did OpenAI's new AI deployment venture just kill Indian IT stocks?Indian IT stocks plummeted to three-year lows following OpenAI's launch of a new venture focused on direct AI implementation for enterprise...
- OpenAI creates new unit with $4 billion investment to aid corporate AI pushOpenAI is launching a new venture with over four billion dollars. This new company will help businesses build and use artificial intelligen...
- Skyroot Aerospace, KreditBee among latest startups to enter unicorn clubIndia's startup scene is experiencing significant growth. Several new companies have achieved unicorn status, valued at over $1 billion. Sk...
- OpenAI finalises $10 billion joint venture with PE firms to deploy AIOpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on hel...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- Autonomous shipmaker Saronic valued at $9.25 billion in latest funding roundThe defense company has drawn big-name investors as governments ramp up spending and seek to secure supply chains and maritime trade rout...
- OpenAI sweetens private equity pitch amid enterprise turf war with Anthropic, sources sayChatGPT maker OpenAI is offering private equity firms a guaranteed 17.5% return. This move aims to form joint ventures and boost enterprise...
- OpenAI sweetens private equity pitch amid enterprise turf war with AnthropicOpenAI is offering private-equity firms a guaranteed minimum return of 17.5%, significantly higher than typical preferred instruments, sour...
- OpenAI courts private equity to join enterprise AI venture: ReportOpenAI is in advanced talks with major private equity firms for a joint venture. This deal aims to boost corporate adoption of its AI produ...
- Yes Bank insider trading case: 16 of 19 executives likely to settle with SebiWith the spotlight on Yes Bank's insider trading scandal, many of the involved executives are leaning towards settlements with Sebi, while ...
- ETtech Deals Digest: Indian startups enter 2023 as funding winter still loomsHere is a list of startups that got funded this week.
- KreditBee raises $120 million funding in new tranche from Advent International, othersAfter closing the $200 million funding round in total, KreditBee will be valued at close to $700 million
- ETtech Deals Digest: startups score two big deals amid funding winterHere are all the startups that raised funds this week.
- Tekion turns unicorn with $150 million funding led by Advent InternationalThe Series C round is expected to help Tekion expand into newer markets outside the United States and provide capital for investments in In...
- Advent International picks up minority shares of unlisted financial services group ASK FinancialsAdvent International has pipped other buyout funds such as KKR, Apax and Blackstone to enter exclusivity, said the third person with direct...
- Why PE funds in India are making fundamental changes in their functioningPrivate equity funds in India are making four fundamental changes in their functioning to adapt to new market realities.
- Sutherland close to buying out AdventitySutherland Global Services, a multi-national BPO provider with significant offshore operations in Chennai, Kochi and Mumbai is close to acq...
- Norwest invests $20 m in BPO firm AdventityNorwest Venture Partners (NVP) has invested $20 million in Indian BPO firm, Adventity.
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