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Delhivery investors cash out as stock nears IPO priceIn an exchange filing on Thursday, SoftBank disclosed that it sold around 14.6 million shares, or about a 2% stake, between September 2024 ...- Alpha Wave sells entire 1.9% stake in Delhivery; stock falls over 2%Global investment firm Alpha Wave Global has divested its entire 1.93% stake in logistics giant Delhivery for Rs 665 crore. This significan...
- India may approve $370 million Chinese-linked auto investment, first in nearly a decadeIndia is poised to approve a significant $370 million investment from Horse Powertrain Ltd., a hybrid-engine venture backed by China's Geel...
- 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...
- While others relaxed after class 12 boards, these Surat boys used their summer holidays to start a cold coffee business & earned nearly Rs 2 Lakh in less than 3 monthsTwo Surat teenagers, Shreyanshu Rana and Pratham Pengawala, transformed a school fair idea into a successful cold coffee business, Aes The ...
- 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...
- RBI eases forex exposure rules, giving banks more room to tradeThe Reserve Bank of India has updated foreign exchange exposure rules for banks. These changes simplify calculations by merging onshore and...
- Vishal Sikka’s AI startup Hang Ten Systems raises $32 million led by MayfieldFormer Infosys CEO Vishal Sikka has launched Hang Ten Systems, an AI startup focused on enterprise solutions, securing $32 million in seed ...
- A16z crypto leads $33 million bet on compute marketplace OrnnCompute marketplace Ornn has secured $33 million in a funding round led by a16z crypto, with participation from Galaxy Ventures and others....
- 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...
- Early Anthropic backer Menlo lands $3 billion in its largest-ever haulMenlo is set to announce that it’s raised $3 billion for a set of funds dedicated to backing AI startups, marking the venture firm’s larges...
- Inside Meta's India investments: First Reliance, now CredThis was among the tech giant's biggest investments in the Indian startup ecosystem, which also shot Shah into the elite club of global tec...
- Mammootty net worth: How the Malayalam Superstar built a Rs 340 crore fortune through films, real estate and business venturesMammootty Padma Bhushan: Malayalam superstar Mammootty's impressive net worth, estimated at ₹340 crore, is a testament to his enduring care...
- From Rs 4,900 crore to Rs 41,300 crore: How Sanjeev Bikhchandani turned 135 startups into a 743% return machineSanjeev Bikhchandani's Info Edge has achieved remarkable capital compounding, deploying Rs 4,900 crore across 135 startups since 2007, now ...
- Info Edge says it invested Rs 1,003 crore on AI, deeptech startups since 2020Info Edge, the parent of Naukri, has significantly boosted its AI and deeptech investments, pouring Rs 1,003 crore into 54 startups since 2...
- Syrma SGS, Kaga Electronics to form manufacturing JV with focus on Japanese clientsSyrma SGS will hold a 60 per cent stake in the joint venture company (JVCo), and the rest will be held by the Indian arm of Japanese firm K...
- OnFinance AI founder criticises All In Capital for not investing, apologisesBengaluru fintech founder Anuj Srivastava apologised after publicly criticising venture firm All In Capital for not investing in his startu...
- HealthQuad raises Rs 550 crore, eyes Rs 1,700 crore fundHealthQuad has secured Rs 550 crore for its third fund. The venture capital firm aims to raise Rs 1,700 crore to back early-growth companie...
- Harmony Infra Ventures to invest Rs 800 cr in luxury housing project in Delhi-NCRHarmony Infra Ventures is investing Rs 800 crore in a new luxury housing project called The Horizon Residences in Indirapuram, Ghaziabad. T...
- Indian VCs turn to US AI startups in search of bigger returnsIndian VC firms are increasingly backing AI startups founded by non-Indians, drawn by the promise of higher returns, writes Swathi Moorthy.
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