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PRIVATE FUNDRAISING AND PARTNERSHIP
Sarvam gets state backing; Andy Jassy’s India visitHappy Thursday! The Indian government may soon end up taking a stake in Sarvam AI. This and more in today’s ETtech Morning Dispatch.- L’Oréal adds Innovist to cart; HealthQuad's new fundHappy Friday! Personal care giant L’Oreal has acquired a majority stake in Innovist in India’s biggest D2C deal. This and more in today’s E...
- Stocks in news: HCL Tech, Bharti Airtel, SBI, Adani Enterprises, GMR AirportsIndian equities opened the week strong, with the Sensex and Nifty gaining nearly 1% each on positive global sentiment. Key stocks in focus ...
- OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
- ASK Property Fund to raise Rs 3,500 crore for housing-focused debt strategyASK Property Fund is launching a new Rs 3,500 crore debt fund. This fund will finance residential projects in key Indian cities like Mumbai...
- Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- OpenAI IPO: ChatGPT maker files for US Stock Market initial public offering after Anthropic, SpaceXOpenAI would set the stage for a trio of trillion-dollar-valuation companies debuting rapidly, which together are seen as the most conseque...
- Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
- Kotak Alts raises $1 billion through 14th real estate fundKotak Alts has successfully raised one billion dollars for its fourteenth real estate fund. The Abu Dhabi Investment Authority anchored the...
- Avammune’s big bet: Why the future of cancer treatment may come in a pillAs global oncology races toward next-generation therapies, Avammune Therapeutics is betting on affordable, orally administered immunotherap...
- Anthropic nears $1 trillion valuation, zooms past OpenAI after latest funding roundThe company’s valuation has more than doubled from $380 billion in February, reflecting its swift rise as a leading competitor in the AI ra...
- Peak XV, Activate in talks to invest in Silicon Valley AI dictation startup Wispr FlowFounded by Stanford graduates Tanay Kothari and Sahaj Garg, Wispr Flow develops a voice dictation tool that allows users to speak into apps...
- Deloitte India could lead professional services space soon: Romal ShettyDeloitte India’s leadership believes that the future of professional services will extend beyond traditional offerings to solutions, platfo...
- Anthropic hits $1.2 trillion implied valuation after 20% surge in 7 days – here's why the AI startup is overtaking OpenAI in pre-IPO marketAnthropic pre-IPO valuation explained: AI startup Anthropic's implied pre-IPO valuation has surged to a record $1.2 trillion, a 20% increas...
- Bain Capital to sell stake in Bridge Data Centres at $5 billion valuationBain Capital is reportedly seeking to offload at least 40% of Bridge Data Centres, valuing the Singapore-based firm at $5 billion. This mov...
- AION-Tech Solutions elevates Chanakya Bellam to whole-time director, strengthening leadership for next growth phaseThis strategic move aims to bolster the company's leadership, drive accelerated growth, and enhance long-term value creation as AION-Tech s...
- BlackRock pauses fundraising for latest Asia private credit fundBlackRock paused fundraising for its third Asia-Pacific private credit fund following its merger with HPS Investment Partners, adding uncer...
- UNICEF Day, December 11, 2022: History, Significance, and objectives of this dayIn 1946, the World was slowly recovering from the impact of the Second World War. The United Nations felt the need to care for the children...
- NSE Knowledge Hub ties up with LetsVenture to enrich learning experience in private markets spaceLetsVenture enables startups looking to raise seed or angel capital and connect to accredited investors. It has facilitated fundraising of ...
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