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BENGALURU AUTO DRIVER FUNDRAISING
SBI, Axis Bank among lenders set for $2 billion ECB fundraising via RBI swapMajor Indian banks, including SBI, Axis Bank, and Bank of Baroda, alongside Power Finance Corporation, are set to raise over $2 billion fro...- Mumbai auto, taxi drivers to face action if found without Marathi language proficiency certificate after Aug 15; here's how to obtain it for freeNon-Marathi auto and taxi drivers in Maharashtra must obtain a Marathi language proficiency certificate by August 15, 2026, or face action....
- Myntra EORS sees 30% rise in new shoppers; D2C brands log strong demand growthMyntra said its latest End of Reason Sale (EORS) recorded a 30% year-on-year increase in first-time shoppers, with non-metro cities contrib...
- India eyes return of Formula 1 by 2030: FMSCI presidentIndia is aiming to host Formula 1 by 2030. The country also plans to bring MotoGP and a World Rally Championship round by 2028. The Federat...
- SBI’s board clears record Rs 60,000 cr fundraise in FY27State Bank of India's central board has approved raising up to Rs 60,000 crore this fiscal through rupee and dollar bonds. This move aims t...
- JBM Ecolife raises Rs 900 crore from Motilal Oswal Fund for biz expansionJBM Ecolife Mobility, JBM Auto's electric mobility arm, secured ₹900 crore from Motilal Oswal Private Credit via debt and equity. This fund...
- Rapido's early backers look to sell shares worth Rs 100 croreAngel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, ...
- India key to Mercedes’ technology stack, autonomous-driving ambitions: CTO Jörg BurzerMercedes-Benz is significantly leveraging its Indian R&D center in Bengaluru for its biggest software transformation to date, MB.OS, which ...
- No billion dollar startup or fame. Hyderabad man shares his one ‘passion’ which caused him to leave high-paying Amazon job in viral video : 'I wanted to explore...'An Instagram influencer shared a viral video of a former Amazon employee who left his tech job in 2014 to become a full-time Uber driver. T...
- Govt fundraising drive hits high gearThe government's push for non-tax revenue is off to a strong start, with public asset monetisation nearing 30% of last fiscal year's total ...
- 12 years of govt: Share of services sector in total exports jumps to 49% in FY26India's services exports saw a substantial rise, increasing their share in total exports. This growth was fueled by the IT sector and digit...
- Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.
- Purplle pauses fundraising talks as founders bag Rs 90-100 crore stakeBeauty retailer Purplle has paused fundraising talks due to valuation disagreements, while founders are buying back shares at a valuation o...
- Sarvam raises $234 million led by HCLTech at $1.5 billion valuationIndia's Sarvam AI has secured $234 million in a funding round led by HCLTech, valuing the homegrown AI startup at $1.5 billion. This invest...
- SP Group seeks more time to repay bonds nearing maturityShapoorji Pallonji Group has reduced its ₹28,500 crore refinancing by ₹3,500 crore and is seeking a two-month extension on ₹14,300 crore of...
- Ather Energy board approves Rs 2,500-crore fundraising planAther Energy's board has greenlit a substantial fundraising plan, aiming to secure up to Rs 2,500 crore. This significant capital infusion ...
- Karnataka CM Shivakumar points to migration pressure on Bengaluru, seeks Centre’s supportBengaluru's Chief Minister DK Shivakumar has requested additional infrastructure funding from the Centre. The city's status as India's tech...
- Ather board to consider fresh fundraise on June 12The fundraising could be undertaken through routes including a qualified institutional placement (QIP), a rights issue or other permissible...
- Bengaluru professional says Mumbai's biggest surprise wasn't its weather or traffic, but this everyday experienceA talent acquisition manager's viral LinkedIn post highlights Mumbai's auto-rickshaw drivers' unexpected courtesy. After a driver went out ...
- Mumbai auto driver receives Rs 15,682 instead of Rs 156 from a CEO. Here's what happened nextMumbai auto driver Altaf receives Rs 15,682 that was accidentally transferred to him by a CEO rushing to a client meeting. What he did with...
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