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ETtech Deals Digest: Cred’s mega round lifts startup funding to $1.09 billion this week, up 290% on-yearIndian startups secured a significant $1.09 billion in funding across 14 deals, with fintech giant Cred leading the charge with a massive $...- Strong bet! SBI Mutual Fund investors already sitting on 3x returns ahead of IPO launchSBI Mutual Fund’s unlisted shares have delivered nearly 3.8x returns over the past three years, helped by sharp price appreciation and a 3:...
- AI startup General Intuition raises $320 million from Khosla Ventures, General Catalyst, Jeff BezosGeneral Intuition describes itself as a "frontier lab for acting in space and time.” It focuses on the development of large action foundati...
- Om Malik, Silicon Valley tech journalist, GigaOm founder, diesOm Malik founded GigaOm in 2001, a technology news and analysis publication that became one of the most influential voices in tech media be...
- Delhivery investors cash out as stock nears IPO priceIn an exchange filing on Thursday, SoftBank disclosed that it sold around 14.6 million shares, or about a 2% stake, between September 2024 ...
- Global Market: China's 'future industries' investment boom sparks valuation bubble concernsChina is witnessing a massive surge in venture capital, pouring billions into futuristic sectors like space, quantum computing, and AI. Thi...
- RBI finalises NBFC-UL norm that may see Tata Sons listIndia's central bank has redefined systemically important NBFCs, setting a new asset threshold of ₹1 lakh crore for upper-layer companies. ...
- Agility Robotics heads to Wall Street in a $2.5 billion bet on staffing warehouses with humanoidsAgility Robotics, an AI-driven humanoid robotics for warehouse operations, plans to go public with a remarkable $2.5 billion valuation. Thi...
- Vishal Sikka’s AI startup Hang Ten Systems raises $32 million led by MayfieldFormer Infosys CEO Vishal Sikka has launched Hang Ten Systems, an AI startup focused on enterprise solutions, securing $32 million in seed ...
- Beauty's back-end gets investor attention; Naturis in talks to raise Rs 100 croreInvestors are increasingly backing India's beauty and personal care manufacturing sector, moving beyond consumer brands. Companies like Nat...
- Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
- RIL's call to list Jio Platforms could unlock up to 35% valueReliance Industries shares surged as investors anticipate significant value from the upcoming Jio Platforms IPO, alongside advancements in ...
- Young, loss-making startups keep OFS portion lean as investor scrutiny growsNew-age, loss-making startups are prioritising large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. I...
- US stocks: SpaceX launches debt sale to raise capital, reports $100.8 billion in cashSpaceX is making waves with a new notes offering, and they've revealed a massive $100.8 billion cash balance. This significant financial po...
- OnFinance AI founder criticises All In Capital for not investing, apologisesBengaluru fintech founder Anuj Srivastava apologised after publicly criticising venture firm All In Capital for not investing in his startu...
- SBI Funds Management gets Sebi nod for IPOSBI Funds Management, India's largest mutual fund house, has secured SEBI's nod for its upcoming Initial Public Offering, expected to launc...
- Chennai Petroleum Corporation gets Navratna status, becomes 28th such CPSEChennai Petroleum Corporation Ltd (CPCL) has achieved Navratna status, a significant upgrade granting it greater financial and operational ...
- Bernie Sanders pushes 50%t public stake in AI giants, $1,000 dividend payout to every AmericanSenator Bernie Sanders has introduced legislation proposing a 50% public ownership stake in major US AI companies through a one-time stock ...
- Peak XV, Nexus set for 7-9x returns from Turtlemint IPO share saleTurtlemint has set a price band of Rs 144-152 per share for its Rs 883 crore IPO, which opens on June 19. The IPO comprises a fresh issue o...
- BRND.ME converts into public company, eyes IPO in 12-18 monthsBRND.ME, formerly Mensa Brands, has converted into a public company after shifting its corporate base to India. The consumer brands platfor...
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