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ETtech Deals Digest: Navi leads weekly funding as startups raise $221 millionIndian startups raised $221 million across 17 rounds during the week ended August 21, led by Sachin Bansal-founded Navi’s $100 million fund...
IPO-bound Upstox crosses 2 crore customers, eyes 10 crore users in five yearsUpstox has crossed 2 crore demat accounts, with 85% of customers from Tier-II and Tier-III cities and 70% first-time investors. The investm...
ICE plans $500,000 insurance cover for local police helping with immigration arrestsUS Immigration and Customs Enforcement is considering subsidising liability insurance for state and local police officers who help enforce ...
Whirlpool India to revive brand, sets sights on premium play: MD Narasimhan EswarWhirlpool India says it will operate independently despite its US parent retaining a 39.7% stake. The company plans to expand its premium p...
Rate reset clause in overseas loan pact helps Shriram Finance cut costsThe upgrade helped Shriram, in which Japan's Mitsubishi UFJ Financial Group (MUFG) bought a significant stake, save 60-80 basis points on a...
Augmont Enterprises mops up Rs 246 crore in anchor round ahead of IPO; Nomura, HDFC MF among investorsAugmont Enterprises secured Rs 246.3 crore from anchor investors before its upcoming IPO. The company will open its initial public offering...
Babycare quick commerce startup Peeko raises $7 millionBabycare rapid delivery platform Peeko has raised $7 million in a funding round led by Chiratae Ventures to expand its business, technology...
Indian Bank raises $400 million for four yearsIndian Bank raised $400 million through a four-year overseas funding programme via its GIFT City branch, joining Indian lenders tapping glo...
Karnataka: BJP stalls Assembly seeking removal of minister B NagendraBJP lawmakers disrupted legislative proceedings for a third day demanding minister B Nagendra's resignation. The opposition insists Nagendr...
Kotak Mahindra Bank joins peers in tapping dollar debt before RBI window shutsKotak Mahindra Bank successfully raised $650 million through its five-year dollar bonds. This issuance occurred at a coupon rate 27 basis p...
Can Gaja Alternative Asset Management IPO deliver long-term growth for high-risk investors?Gaja Alternative Asset Management plans a ₹450 crore IPO to fund investments and repay loans. The company's promoter stake will decrease to...
Investors in limbo as government’s deeptech fund disbursal stretches onBack in June, ET reported about 20 Indian investors, including Ideaspring and Chiratae, were lined up for capital allocation. These VCs, in...
Four Indian private banks eye dollar debt before RBI swap window deadline, bankers sayFour Indian private lenders are accelerating dollar bond plans before August 31. They aim to raise $1.85 billion, taking advantage of a cen...
Geospatial startup NeoGeo raises $20 million in funding from SBI’s Neev II Fund, Aavishkaar CapitalFounded in 2019, NeoGeo provides geospatial intelligence solutions to government and corporate clients across natural resource management, ...
Pentagon pressure to move AI faster drives Smack's new funding round, CEO saysThe $61 million Series B funding round comes months after the Defense Department declared Anthropic a "supply-chain risk" in March, a ruptu...
Banks may rush to tap short loans abroadBankers said some lenders now plan to borrow more short-term funds, possibly at a higher rate, to finance the promised leverage to FCNR(B) ...
Deeptech fund Bluehill.VC raises Rs 408 crore for maiden frontier-tech fundChennai-based Bluehill.VC has raised Rs 408 crore for its initial deeptech venture fund. The firm has already deployed approximately Rs 100...