IIFL Finance board to weigh Blackstone, Advent proposals for Rs 5,000 crore capital raiseIIFL Finance's board will consider separate investment proposals from Blackstone and Advent International for a nearly Rs 5,000 crore capit...
Shiprocket posts maiden profit on strong core business growthThe company swung to a profit of Rs 60 lakh ($63,487) in the quarter ended September 30, from a loss of Rs 20.29 crore a year ago
Motilal Oswal Financial Services announces leadership rejig; appoints new heads across businessesMotilal Oswal Financial Services announced major leadership changes across alternatives, retail broking and private wealth businesses. The ...
Premji Invest goes big on strategic output & techPremji Invest and Singularity AMC are likely to lead a $30-40 million round in Sanlayan at a valuation of about $200 million, according to ...
Pixxel's Indian ownership comes under scrutinyPixxel founder and chief executive Awais Ahmed in a blog post on X said the company remains “headquartered, owned, managed and controlled i...
Gulf investors eye India’s AI infrastructure and space tech even as broader interest stays subduedGulf-based investors are exploring opportunities in India's artificial intelligence and space technology sectors, despite overall subdued i...
PB Fintech, Delhivery improve Q2 profits; Binance's $6.3 billion caperPB Fintech on Friday reported a strong jump in profit and revenue for the July-September quarter. This and more in today’s ETtech Top 5.
Atomberg gets Sebi nod for IPO; plans Rs 450 crore fresh issueThe Mumbai-based company filed its draft IPO papers in August. ET had reported in July that Atomberg was preparing for an offering of Rs 1,...
Pixxel sets up US subsidiary to serve federal agenciesPixxel in September raised $100 million (around Rs 945 crore) in the largest funding round in India’s spacetech sector, co-led by Singapore...
AI is changing online ads, and brands have a new fight on their hands: ReportAs consumers increasingly use AI for product discovery and comparisons, brands must adjust their advertising strategies. Research shows tha...
Exclusive: Unacademy founders Gaurav Munjal, Roman Saini plan Rs 700 crore AI, deeptech fundThe fund, named Longshot Capital, has secured commitments of about Rs 300 crore and is targeting its first close in January 2027, following...
Cult.fit gets Sebi nod for Rs 3,500-4,000 crore IPOThe IPO will comprise a fresh issue of shares worth Rs 950 crore and an offer for sale (OFS) of up to 178.6 million shares by existing inve...
SK Hynix seeks US nod to expand China chip output, ties approval to US plant: ReportSK Hynix is attempting to obtain approval from the US to export chipmaking equipment to China. This export is intended to facilitate an inc...
India first, orbit next: Skyroot eyes $300 million dual valuation planSkyroot is in talks with Indian family offices to raise $150 million at a valuation of $2.3-2.5 billion, while the company is seeking to mo...
FM Nirmala Sitharaman meets Singapore President, PM; discuss strengthening bilateral cooperationFinance Minister Nirmala Sitharaman visited Singapore from October 9 to 11 for official discussions. She met President Tharman Shanmugaratn...
Nvidia-backed Upscale AI launches platform to connect chips from rival suppliersUpscale AI has unveiled Token Fabric, a pioneering platform designed for creating data centers powered by AI chips. This innovative solutio...
KKR-owned Healthium, Temasek-backed Romsons in race to buy 70-80% stake in BL LifesciencesKKR-owned Healthium Medtech and Romsons Group are reportedly competing to acquire a significant stake in BL Lifesciences. The company is ex...