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From dairy machines to AI factory: L&T is future-proofing its empireLarsen & Toubro is entering a new phase of diversification, using its engineering, infrastructure and financial strength to build technolog...
ET Analysis: RBI’s FCNR U-turn dents policy certaintyThe RBI’s early closure of its special FCNR(B) deposit swap window has raised concerns over policy certainty. Banks had mobilised $52.3 bil...
ETtech Deals Digest: Yulu, Centricity lead weekly funding at $109 million, down 50% on-yearIndian startups raised $109.4 million across 11 funding rounds during the week ended August 14, led by electric mobility startup Yulu and w...
Singapore-based Hillhouse plans to double India investments with real estate, data centres in focusHillhouse Investments plans to significantly increase its India real estate and data center investments. The firm aims to double its curren...
Accel raises $3.5 billion to invest in emerging global AI startupsThe firm, which has backed artificial intelligence companies including Anthropic, Cursor and Perplexity, has raised four separate funds ded...
IN-SPACe has granted 113 authorisations to 52 NGEs to conduct space activities: Jitendra SinghIndia's space regulator IN-SPACe has authorised 113 activities for 52 non-government entities. Around 440 space technology startups are cur...
Silicon Valley’s South Park Commons bullish on India's deeptech spaceAditya Agarwal, managing partner at SPC, and Prateek Mehta, general partner-India, told ET in an exclusive interaction that the firm is see...
Accel raises $550 million for India, keeps early-stage focus as AI reshapes deal flowThe Silicon Valley-headquartered VC firm is betting on India’s IPO-led liquidity opportunity. Accel aims to invest early and help companies...
Accel’s $550 million India fund; South Park Commons bets on deeptechHappy Wednesday! Venture capital firm Accel has raised its ninth India fund. This and more in today’s ETtech Morning Dispatch.
PayU India CEO on MDR; Qcomm’s festive hiringPayU India CEO Anirban Mukherjee has backed a simple pricing model for UPI charges. This and more in today's ETtech Top 5.
Vecton AI raises Rs 6 crore in pre-seed funding led by Zeropearl VC to help financial institutions with AI transformationThe investment will strengthen Vecton's transformation model, enabling financial institutions to accelerate enterprise AI adoption and unlo...
These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of more than 23%Market breadth (always a better indicator of the underlying sentiment) has remained positive for a few trading sessions in a row. This is w...
High AI stakes push Indian VCs to rejig funding playbooksAverage investments in AI startups have increased to $3-5 million at the seed level and upwards of $10 million in Series A rounds, said inv...
Aum Ventures marks first close of Rs 750 crore deeptech fund at Rs 225 croreAum Ventures has closed its second India Innovation Fund at Rs 225 crore. This new fund targets early-stage companies in advanced technolog...
Jungle Ventures lifts India allocation to 70%, directs new bets to AI, manufacturingFounded by Amit Anand and Anurag Srivastava in 2012 with a $10-million debut fund, Jungle typically prefers main funds of about $400 millio...
ETtech Deals Digest: River, Sarvam rounds lift startup funding to $314 million this weekEarly-stage deals accounted for 58.4% of the capital raised during the week, while late-stage rounds made up 37%. Seed stage startups compr...
Ex-Elevation Capital partner Mayank Khanduja in talks to join Silicon Valley VC fund BessemerMayank Khanduja is in advanced discussions to join Bessemer Venture Partners. He is expected to join the firm over the next three to four w...