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CHINESE PARENT FUNDS
Meta-Reliance AI hub; SAP CEO on India's AI edgeMeta has tapped Reliance for India AI data centre. This and more in today's ETtech Top 5.- Chinese production continues despite tech transfer curbsChinese electronics companies are pushing ahead with their India expansion. Brands like Hisense, Haier, and Oppo are increasing local manuf...
- US will need years to replenish stockpiles of advanced weapons used in Iran war, analysis findsA new CSIS report has warned that the United States could take up to three years to replenish key missile stockpiles depleted during the Ir...
- Is US military running out of Tomahawk cruise missiles, Patriot, THAAD interceptors after using advanced weapons in Iran war? Analysis reveals shocking findingsWashington think tank analysis factors in the Republican Trump administration's historic defense budget proposal of $1.5 trillion for 2027.
- FirstCry, Slice’s FY26 numbers; Nilekani’s Fundamentum eyes deeptech pushFirstCry parent cut its losses in the March quarter on tightened costs. This and more in today's ETtech Top 5.
- India’s desi gaming startups tap culture and storytelling to break China’s grip on toy and board game marketIn the vibrant world of play, Indian board games and toys are experiencing a renaissance. Consumers are leaning towards locally inspired op...
- Inox Clean buys assets of US' Boviet Solar for $750 millionInox Clean Energy has secured Boviet Solar's US solar manufacturing assets for $750 million. This strategic acquisition includes solar modu...
- US nears $400 million settlement with TikTok on child-privacy violations: ABC NewsUS government is close to a $400 million deal with TikTok. This settlement addresses claims of child privacy breaches. The funds are report...
- Elon Musk vs OpenAI trial enters second weekOpenAI cofounder Greg Brockman is set to testify in a lawsuit filed by Elon Musk, who seeks to revert the AI giant to a non-profit foundati...
- China’s Meta backlash renders Manus model ‘officially dead’Beijing's order for Meta to unwind its $2 billion takeover of AI startup Manus signals a new era of regulatory scrutiny for China's tech in...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- Inox Clean Energy eyes $750M Boviet Solar buy to enter US marketIndian renewable energy firm Inox Clean Energy plans to acquire US-based Boviet Solar. This strategic move aims to expand Inox's footprint ...
- Paytm’s cap table turns Indian: What changes now?Domestic investors now own 50.3% of the digital payment firm's equity, marking a transition to majority Indian ownership and control. This ...
- Bay Capital launches digital fund, appoints Sandeep Barasia, Tej Kapoor as partnersBay Capital is launching a Digital Opportunities Fund to invest in public and private digital businesses in India. Sandeep Barasia and Tej ...
- DeepSeek's outside funding draws interest from Alibaba, Chinese state fundsChina Investment Corp and the National Social Security Fund have approached DeepSeek for investment. The company recently shocked the tech ...
- To fund expansion, Chinese electronics and auto companies like Xiaomi, SAIC and Haier in India tap reserves, loansSome like Haier and Midea Group are using a mix of cash reserves and loans including external commercial borrowings (ECBs), while financial...
- Polestar, Volvo and Geely's EV unit, raises $550 mn in external fundingThe financing is Polestar's first external funding and comes amid a year of sustained sales and share price growth for electric vehicle (EV...
- China cos’ India arms raise ECBs to scale FDI wallAny investment from countries sharing a land border with India, including the China and Hong Kong region, will need special pre-approval, t...
- View: The grey areas in India's new FDI rulesIt’s the lack of clarity that makes one wonder if the note was a knee-jerk reaction, or a well-thought-out strategy.
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