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VENTURE CAPITAL IN FINTECH
CCI clears Prosus' proposal to acquire stake in Sachin Bansal-led NaviCompetition Commission of India has approved Prosus' acquisition of a stake in Navi Ltd. This move aims to enhance Prosus' position in Indi...- UP looks beyond Lucknow to boost startups, MSMEs as Aavishkaar, Intellecap partner with Invest UPWith more than 11.5 million MSMEs across the state, Uttar Pradesh is looking beyond its established startup centres to build a wider enterp...
- Cognizant eyes Sarvam stake; Ather aims for higher market shareHappy Wednesday! Cognizant has held discussions to invest in homegrown AI startup Sarvam. This and more in today’s ETtech Morning Dispatch.
- Stocks in news: Paytm, Tata Consumer, Dalmia Bharat, REC and DCM ShriramIndian equity markets showed recovery with a rise in NSE Nifty 50, ending a four-session losing streak. Several companies reported their Se...
- Unacademy cofounder Gaurav Munjal pushes back against criticism of Indian VCsMunjal cited companies such as Astrotalk, Airbound and Sarvam AI as examples of startups that have been able to raise capital and grow quic...
- Zetwerk IPO fully subscribed; Super.money triples revenuesZetwerk’s Rs 5,012-crore IPO was subscribed 3.06 times on Monday, the last day for bids. This and more in today’s ETtech Top 5.
- Who is Rex Salisbury? Man who started Cambrian Ventures; by 2025, its $20 million First Fund had backed 33 startups, about half reaching Series ASalisbury's Cambrian Ventures has one simple task, and that is focusing on early-stage financial technology companies. They are commonly kn...
- VC’s remark on deeptech sets off a debate on where India’s capital should go“In a decade we will realize most of the deeptech is a grift,” Maini wrote, adding that quick services and quick commerce companies will do...
- Sunil Singhania-backed Abakkus Flexi Cap Fund increases stake in RIL, HDFC Bank, Groww, and 32 others in SeptemberSunil Singhania-founded Abakkus Flexi Cap Fund increased holdings in Reliance Industries, HDFC Bank, Groww and 32 other stocks in September...
- NPS investment in startups: AINPSEF writes to PM Modi seeking probe and asks for dissolution of NPS TrustManjeet Singh Patel has alleged serious financial irregularities concerning the National Pension System Trust. He has requested a high-leve...
- From crypto to fintech, consumer and AI: Ashish Singhal explains CoinSwitch Ventures’ BlackLane Capital pivotCoinSwitch Ventures is rebranding as BlackLane Capital, an independent global early-stage investment firm. It plans to invest up to $5 mill...
- CoinSwitch Ventures goes global as BlackLane Capital, plans to back startups with cheques of up to $5 millionCoinSwitch’s investment arm, CoinSwitch Ventures, has rebranded as BlackLane Capital, expanding beyond crypto and Web3 to invest in early-s...
- Nabard's venture arm announces first close of second fund at Rs 450 croreNabventures has announced the successful first close of its second fund, amassing Rs 450 crore aimed at investing in early-stage agritech v...
- Trump’s former AI advisor Sriram Krishnan seeks $500 million for new venture fundSriram Krishnan is planning to raise a $500 million venture fund dedicated to AI companies. This fund will target businesses that have reac...
- ElevenLabs CEO on AI slowdown; Prosus dials up fintech betsHappy Wednesday! ElevenLabs CEO Mati Staniszewski weighs in on the AI slowdown debate. This and more in today’s ETtech Morning Dispatch.
- Prosus steps up India fintech bets with Kiwi, Oolka funding talksProsus has held exploratory talks to invest in Kiwi, which offers bank-issued RuPay credit cards and credit lines for Unified Payments Inte...
- Menlo Ventures on AI slowdown; Ola Electric CEO pledges stakeHappy Monday! Menlo Ventures, an early Anthropic backer, says the real AI constraint is compute, not a slowdown in frontier models. This an...
- Listed startups unlock Rs 25,000 crore for VC, PE investorsAn ET analysis of National Stock Exchange (NSE) and BSE block and bulk deal disclosures across 18 new-age companies shows sales by investor...
- Moneyview closes 67% above IPO price, boosts paper gains for Ribbit, AccelMoneyview’s Rs 1,092-crore IPO comprised a fresh issue of Rs 750 crore and an OFS of about Rs 342 crore. The issue was subscribed 98.46 tim...
- How 25 students of Gurgaon-based college raised Rs 60 crore funding in deep tech and space ventures in a dayTwenty-five startups from Gurugram-based Masters’ Union University received soft funding commitments worth Rs 60.5 crore. The startups pres...
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