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Sarvam’s unicorn raise; Big exits in new IPOsHappy Tuesday! Sarvam has vaulted into the unicorn club after a fresh funding round. This and more in today’s ETtech Morning Dispatch.- Digital lenders clock strong FY26 on sturdier fundamentalsNew-age fintech lenders like Fibe, Navi, and Kreditbee have achieved profitable growth in FY26, demonstrating business maturity despite eco...
- Infosys, TCS, HCLTech shares tumble 5% to fresh 52-week lows; Nifty IT crashes 4%. What’s spooking investors?Indian IT stocks tumbled sharply as Infosys, TCS, HCLTech and others fell up to 5%, dragging the Nifty IT index down 3%. The selloff follow...
- Job cuts at Freshworks; Meesho, PB Fintech Q4 earningsFreshworks announced job cuts as it ramps up AI focus. This and more in today's ETtech Top 5.
- OpenAI finalises $10 billion joint venture with PE firms to deploy AIOpenAI has launched a new venture, The Deployment Company. It has secured over $4 billion from 19 investors. This company will focus on hel...
- Indian IT pack falls; MeitY’s e-gaming rulebookIndian IT stocks suffered on Wednesday after HCLTech’s weak Q4 numbers. This and more in today’s ETtech Top 5.
- Bain Capital sole contender for Vitabiotics buyBain Capital has emerged as the frontrunner to acquire Vitabiotics, as rival bidders TPG Capital and EQT exit the process, potentially lowe...
- Progcap in talks for $100 million funding round, likely to be led by TPG: SourcesProgcap is in advanced talks to close a $100 million equity funding round, according to two people in the know. The round could be led by g...
- Speciale Invest launches Rs 1,400 crore fund for deeptech startupsVishesh Rajaram, founding partner at Speciale Invest, said that while more investors are entering the deeptech ecosystem, most remain focus...
- ETtech Deals Digest: Startups raise $375 million this week, up 15% on-yearDespite the higher value, the number of deals during the week was down at 23 transactions, compared to 41 in the corresponding week last ye...
- Fintech startup Fibe raises $35 million from IFC in series F roundFintech lender Fibe, formerly EarlySalary, has secured a significant $35 million from the International Finance Corporation (IFC) as part o...
- Digital lending startup Fibe eyes $35 million fundraise from IFCIt has sought the participation of its existing investors — Eight Road Ventures, Norwest Venture Partners, and TPG, which had invested thro...
- PEs, sovereign funds pick up reins of late-stage tech funding as Tiger, SoftBank go slowTill last year, when the funding boom reached dizzying heights, these late-stage rounds were led by the likes of Tiger Global, SoftBank, Na...
- TPG-backed FirstCry nears $700 million IPO filingThe online baby product marketplace is seeking a valuation of at least $6 billion, said the people, who asked not to be identified as the i...
- Fractal Analytics readies IPO plans, targets $2.5 billion valuationArtificial intelligence and analytics solutions provider Fractal Analytics has kick-started the formal process to launch its public issue t...
- Bumper Nykaa listing sees biggest payday for TPG, eclipses PE firm’s Silicon Valley bets Uber, AirBnBStarting 2019, TPG Growth has made a cumulative investment of Rs 191 crore in Nykaa at an entry price of Rs 118/share, as part of the beaut...
- Lenskart gets $95 million from KKR at estimated $2.5 billion valuationKKR & Co.’s Lenskart funding is part of a $250-300 million round that is likely to see participation of Falcon Edge and Singapore’s Temasek.
- ETtech Deals Digest: Dream Sports fundraising; Khatabook buys Biz AnalystIn this week's ETtech Deals Digest: Dream11 owner Dream Sports closed a $400 million secondary investment round, while Sequoia Capital-back...
- Jack Ma-backed Zomato planning to file $650 mn IPO next monthThe company could complete the listing in Mumbai before the end of September, the people said, asking not to be identified as the informati...
- TPG's Trujillo goes from investor to fixer atop troubled UberStakes are high as San Francisco-based Uber seeks to rebuild its culture after a series of harassment and discrimination allegations led to...
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