Cred’s angels, institutional investors score big in Meta dealThe sale is part of Meta’s $900 million investment in Cred, which valued the Kunal Shah-founded company at about $4 billion. The transactio...
03 Jul, 2026, 01.15 PM IST
PE-VCs push structural reboot; Cred backers’ Meta gainsHappy Friday! India’s PE-VC lobby is seeking a structural overhaul to woo foreign capital and fund managers. This and more in today’s ETtec...
03 Jul, 2026, 07.47 AM IST
Flipkart-backed Ninjacart raises $6 million from Accel, Nilekani, Tiger GlobalNinjacart, a Flipkart-backed agritech firm, has secured $6 million from existing investors, signaling its readiness for a public listing wi...
02 Jul, 2026, 09.26 PM IST
India's lending boom might no longer be largely bank-ledIndia's private credit market is booming, doubling in five years to $25 billion as companies seek alternatives to traditional bank loans fo...
02 Jul, 2026, 09.52 AM IST
SoftBank renews talks for $10 billion loan against OpenAI stake, adds concessionsTo make lenders more comfortable, the Japanese technology investor is offering to guarantee repayment of the loan, giving banks recourse to...
02 Jul, 2026, 07.47 AM IST
ShareChat, India’s Meta rival, plans $400 million IPO next yearSocial media giant ShareChat is gearing up for a potential $400 million IPO next year, marking a significant turnaround after a period of c...
02 Jul, 2026, 07.37 AM IST
Promoters with fraud loan A/Cs may not get to join other companies as directorsThe move follows concerns raised by banks, citing cases where such promoters continue to hold directorships elsewhere. Existing laws do not...
02 Jul, 2026, 12.24 AM IST
1st tranche of funds under Annapurna Yojana transferred to 1.1 cr women beneficiaries: Bengal CMWest Bengal Chief Minister Suvendu Adhikari announced that the first installment of the Annapurna Yojana, a financial aid scheme for women,...
01 Jul, 2026, 02.37 PM IST
BoB, Mizuho Bank forge partnership to enhance collaboration in M&A financingBank of Baroda has joined forces with Japan's Mizuho Bank to boost their capabilities in mergers and acquisitions financing. This collabora...
30 Jun, 2026, 09.11 PM IST
RBI flags emerging fault lines in private credit market, calls for close monitoringThe Reserve Bank of India has identified growing concerns within the booming private credit market. The central bank's latest report highli...
30 Jun, 2026, 08.36 PM IST
Himachal Pradesh to launch start-up bus scheme with up to 50% subsidy for youthHimachal Pradesh is launching Phase IV of the Rajiv Gandhi Swarozgar Start-up Yojana, empowering unemployed youth to run passenger buses. T...
29 Jun, 2026, 06.35 PM IST
Ram temple donation embezzlement probe widens; bank officials under scrutinyAyodhya Police have intensified their probe into alleged embezzlement of Ram temple donations, conducting raids on eight accused and expand...
28 Jun, 2026, 05.48 PM IST
What challenges lie ahead for the US-Israel-Lebanon agreement?Lebanon and Israel have signed a US-brokered deal to end hostilities, but experts question its effectiveness. Israel insists on Hezbollah's...
27 Jun, 2026, 09.25 PM IST
Treat internal financial controls as business necessity, not as compliance burden: ICAI officialStrong internal financial controls are crucial for businesses, not just for compliance, according to the ICAI President. He emphasized that...
27 Jun, 2026, 03.24 PM IST
OpenAI weighs IPO in 2027 after expected Anthropic public debutAI giant OpenAI is reportedly eyeing a 2027 initial public offering, potentially after rival Anthropic. Both companies have confidentially ...
26 Jun, 2026, 09.58 PM IST
Pharmeasy founders’ new venture All Home raises Rs 200 crore; valuation doublesAll Home, which operates in the interior design and architecture space, partners with brands by investing in them and providing capabilitie...
26 Jun, 2026, 05.29 PM IST
Morgan Stanley was among first global banks to back MFS before boom and bustMorgan Stanley initially backed British private credit firm Market Financial Solutions (MFS) before its collapse under $2.4 billion in debt...
25 Jun, 2026, 04.22 PM IST