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Pi Ventures explores Fund I portfolio exits amid investor scrutiny over returnsWhile Manish Singhal remains a designated “key person” in the fund, Pi Ventures has witnessed several senior-level exits over the past five...
Paytm's European arm secures payment institution licence in LuxembourgPaytm's European arm, Paytm Europe Payments, has secured a crucial payment institution license from Luxembourg's financial regulator, effec...
Property management platform Crib acquires rent financing company CirclePeCrib, a property management platform for co-living spaces, has acquired rent financing company CirclePe. This strategic move integrates emb...
In key structural shift, debt becomes the big new vehicle as Indian IT goes deal-shoppingIndian IT firms are increasingly embracing debt financing for major acquisitions, a departure from their traditional debt-free approach. Th...
Sam Altman wants to give a 5% OpenAI stake to the US government: ReportOpenAI is reportedly exploring a 5% equity stake for the U.S. government, a move aimed at easing political concerns and fostering ties with...
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...
Prudential HCL Health Insurance gets IRDAI nodIndia's health insurance sector welcomes a new player as Prudential HCL Health Insurance receives regulatory approval. This joint venture, ...
Adani Energy plans Rs 10,000-crore QIP fundraiseAdani Energy Solutions has received board approval to raise a substantial ₹10,000 crore through a qualified institutional placement. This m...
UPI, India's epic odyssey continuesThe immediate benefit to India from the cross-border expansion of UPI is reduction in remittance costs. This is a key concern for a nation ...
M3M Group to invest Rs 10,000 cr on construction, land acquisition in FY27
Singapore police say AI chip fraud suspects face additional fraud and money laundering chargesThe charges relate to an investigation of fraud by falsely representing who would be the end-user of servers purchased from Dell, Super M...
Legacy studios bet on mobile-first entertainment for next growth phaseIndia's established media giants like Yash Raj Films, Zee Entertainment, and Saregama are strategically investing in digital-first platform...
RBI opens bank lending for acquisitions under new frameworkIndia's banking sector is set for a major overhaul with the RBI's new acquisition finance framework, effective today. This move integrates ...
NRI equity inflow falls; Pi Ventures preps exitsNRI accounts are surging even as stricter compliance and a softer market cool equity inflows. This and more in today’s ETtech Morning Dispa...
Zee Entertainment gets govt nod for Rs 418-cr investment from Invesco fundZee Entertainment has secured a significant Rs 418 crore foreign investment from OFI Global China Fund LLC, marking the fund's return after...
Bitcoin miner and AI firm Ionic Digital files for Nasdaq direct listingThe company was formed in January 2024 to acquire the cryptocurrency mining assets of Celsius Mining, a subsidiary of Celsius, which recei...
Digital Realty to pay Blackstone $3.5 billion for stake in Virginia data centersThe move strengthens the data center operator's position in Northern Virginia, the world's largest data center market, where demand for cap...
Ayodhya donation theft: UP Police probe assets of 22-year-old accused earning Rs 15,000 a monthA 22-year-old earning ₹15,000 monthly is under UP Police scrutiny for allegedly acquiring a ₹65-lakh house, a new farmhouse, a ₹1-lakh moto...
Incuspaze raises Rs 150 crore to fuel expansion ahead of FY29 IPOFlexible workspace provider Incuspaze has secured Rs 150 crore in a significant funding round led by Bharat Value Fund. This capital inject...
Fintech Airwallex secures $320 million in new funding round at $11 billion valuationFintech giant Airwallex has secured a significant $320 million funding round, valuing the company at $11 billion. This substantial investme...