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FIRST ROUND FINANCING
Data center firm Switch taps banks for IPO that could value it up to $80 billionData center operator Switch is preparing for a significant initial public offering. This offering could potentially raise up to ten billion...- Temasek offloads 2% stake in Lenskart for Rs 1,945 croreThe sale was done on July 10 through open market transactions, taking Temasek's stake in Lenskart down to 4.75% from 6.8% earlier. On July ...
- Udaan avoids bankruptcy, reaches agreement with offshore creditors to settle $178 million claimBlackrock, world’s largest asset manager has agreed to provide $45 million of fresh credit facility. The restructuring will also include up...
- China's DeepSeek considers new fundraising after first roundChinese AI startup DeepSeek is considering another funding round. This comes just one month after closing its initial financing. The compan...
- HCLTech Q1 profit rises; Sops to fuel Indian chipsHCLTech began FY27 with a strong first-quarter performance. This and more in today's ETtech Top 5.
- Rinki Singh and Bhartendu Shandilya position Digizene for next phase after pre-seed roundDigizene announced its Pre-Seed funding round with investment from Arun Kar. Kar also joined the company as a co-founder, bringing global e...
- Gagan Gupta, man on a mission to industrialise AfricaGagan Gupta is industrializing Africa through his Arise holding company. He focuses on processing local resources and creating skilled jobs...
- Rajpal Yadav sentenced to jail after fresh High Court ruling in cheque bounce caseActor Rajpal Yadav faces three months in jail following a Delhi High Court ruling. He was ordered to pay over one crore rupees in seven che...
- When Warren Buffett bought one company because of a book, and another on a handshakeHow does the world’s most careful investor buy a company with no due diligence at all? One of Warren Buffett’s acquisitions began with an a...
- Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike betsThe U.S. dollar held firm against major currencies on Thursday. Renewed Gulf tensions revived safe-haven bids, boosting the dollar's streng...
- Jeff Bezos' Blue Origin seeks first outside funding at $130 billion valuation: ReportCoatue Management, a big asset manager, is expected to lead the round with a $4 billion commitment, the report said, adding that Bezos is...
- Rising battery costs seen pushing up India storage tariffs as developers warn on project viabilityBattery storage tariffs in India are anticipated to increase significantly. Rising input costs and reduced Chinese incentives are pushing u...
- Google Cloud’s big India AI bet; Swiggy crosses key ownership thresholdGoogle Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...
- Gush of Gulf sovereign wealth enters India in 2026Gulf sovereign funds invested $1.7 billion in India during the first half of 2026. This investment defied geopolitical tensions and fears o...
- Inside Telegram’s leak economy; Flipkart employees’ latest windfallNon-consensual image rings are turning small UPI transfers into tickets to abusive, closed Telegram groups. This and more in today’s ETtech...
- Deeptech sparks new hope as venture debt deals stay flat in H1Venture debt financing is a type of loan that is extended to companies that have already raised institutional equity capital and are lookin...
- TPG to buy NIIF’s green NBFC Aseem Finance for $500 mnLaunchpad for new financing platform that US PE Group is setting up with GIC of Singapore, ICICI Bank. TPG’s investment is being made throu...
- America's richest families in 2026: From Walmart's Walton dynasty to the Mars empire, meet the 10 wealthiest family fortunes worth more than $1 trillion combinedAmerica's wealthiest families, led by the Waltons with a staggering $520 billion, continue to dominate the economic landscape. Their fortun...
- Coal gasification pilot yet to take off despite ₹6,233 cr incentivesNearly a year after awarding ₹6,233 crore for coal gasification projects, none have progressed beyond planning. Despite multiple task force...
- Govt lines up PSU stake sales to cushion budget hit from oilIndia is accelerating plans to divest stakes in major state-owned entities, including the nation's largest insurer, Life Insurance Corp., t...
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