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IndiaAI backing could make government a minority shareholder in SarvamThe central government could end up with a 1-2% stake in AI startup Sarvam, valued at $1.5 billion, as part of its $300 million funding rou...
Global Market: China's 'future industries' investment boom sparks valuation bubble concernsChina is witnessing a massive surge in venture capital, pouring billions into futuristic sectors like space, quantum computing, and AI. Thi...
Bank of India eyes $3.5 billion foreign currency inflows on RBI's dollar pushBank of India aims to raise approximately $3.5 billion through foreign currency deposits and overseas borrowings, leveraging recent RBI mea...
SaffronStays raises $ 3.5 million in a funding round led by Infinity VenturesHoliday home brand SaffronStays has secured $3.5 million in a funding round led by Infinity Ventures. This capital will fuel expansion into...
Rs 1.5 lakh crore behind 2025! Can Jio, NSE and other mega IPOs put 2026 on course for another record year?India's primary market faces a significant fundraising gap to match last year's record. However, upcoming mega IPOs from Reliance Jio (Rs 3...
Nisus Finance to raise up to Rs 4,000 crore through a real assets investment platformNisus Finance is launching a real assets platform to raise up to Rs 4,000 crore, targeting yield-generating and value-accretive real estate...
India’s Shapoorji Pallonji Group seeks fresh bond extension as refinancing dragsShapoorji Pallonji Group is seeking more time to repay Rs 143 billion bonds as refinancing delays persist. Debt backed by its Tata Sons sta...
Cybersecurity firm Mitigata raises $15 million funding led by Bessemer Venture PartnersBengaluru-based cybersecurity firm Mitigata has secured $15 million in a funding round led by Bessemer Venture Partners. The capital infusi...
JSW Infrastructure launches Rs 7,500 crore QIP, to fund capex, repay debtJSW Infrastructure has launched a Rs 7,503 crore QIP to fund expansion projects, reduce debt and pursue strategic acquisitions. The institu...
Indonesia plans to embed AI in key programmes, including $15 billion free-meal drive, document showsIndonesia's progress on AI has been slow when compared with Singapore and Malaysia. They are pushing to establish themselves as developme...
Lime plans to name Uber as anchor investor in IPO: reportSan Francisco-based startup Lime is backed by Uber Technologies. It filed to go public in the United States in May.
Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessThe company plans to target chip companies to help accelerate the design process but also software companies that could use custom chips t...
ETtech Deals Digest: Sarvam mega round lifts startup funding to $403 million this week, up 36% on-yearIndian startups secured a significant $402.6 million in funding across 20 deals, with AI firm Sarvam leading the pack with a $234 million i...
How Mukesh Ambani plans to spend Jio's mega Rs 27,500 crore IPO proceedsReliance Jio’s upcoming IPO aims to raise approximately $3 billion. The company intends to allocate Rs 27,500 crore to prepay debt, strengt...
IPO-bound Advit Jewels plans 30 retail showrooms under Rambhajo brand in 3 yearsAdvit Jewels is set to expand its consumer reach by launching 30 new retail showrooms across India within the next three years. This expans...
AI music startup Tringbox raises Rs 5 crore in seed fundingTringbox, a Mumbai-based AI music technology startup, has secured Rs 5 crore in seed funding. This capital will fuel product and AI develop...
Hudco mulls $1 billion foreign debt under RBI forex swap facilityHudco aims to secure one billion dollars in foreign debt. This will be achieved through the Reserve Bank of India's concessional forex swap...