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The next big money game is here. Everyone wants a seat at the tableIndia's wealth management scene is experiencing a remarkable transformation. With the rapid rise of affluent households, there’s a surge in...
Keshav Reddy's Equal AI raises $30 million in round led by Prosus, Tomales Bay CapitalThe round also saw participation from Think Investments, Valiant Fund, PhonePe founder Sameer Nigam, and Zubin Bharti Mittal, among others....
Anthropic pursues data center leases, seeks financial backing from GoogleAI firm Anthropic is planning to lease and manage its own data centers. The company is seeking financial backing from Alphabet's Google for...
Banks raise NRI deposit rates to draw dollar inflowsIndian banks are offering higher interest rates on foreign currency deposits. This move aims to attract money from overseas residents. The ...
India sees $3 billion debt fundraising rush as yields slump after RBI moves, bankers sayIndian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...
Lenskart Solutions sees Rs 1,862-crore block deal; ADIA likely sellerEyewear retailer Lenskart Solutions experienced a significant block deal valued at Rs 1,862 crore. Abu Dhabi Investment Authority, through ...
CD rates may fall up to 100 bps as banks tap overseas deposits, loansInterest rates on short-term financial instruments like Certificates of Deposit are poised to decrease across India. This anticipated drop,...
Social Security crisis 2032: Could a 22% benefit cut slash retirement income for millions of Americans if Congress fails to act?Social Security crisis 2032 is no longer a distant warning. Current projections show the trust fund could face depletion by 2032, triggerin...
Zee Entertainment approves Rs 2,300 crore capital raiseZee Entertainment Enterprises Ltd is raising at least Rs 2,300 crore. This capital will fund new business ventures and strategic plans. The...
Zee Entertainment to raise $241 million for stategic initiativesZee Entertainment is all set to gather 23 billion rupees to fuel its ambitious business strategies, following a significant win in securing...
RBI "opens the floodgates": Dhawal Dalal on why now may be the best entry point for debt investors in two yearsIndia is attracting foreign debt capital by removing taxes and easing borrowing rules. This move is expected to inject significant liquidit...
Ex-Mirae Asset India head Ashish Dave launches Rs 700-1,000-crore fundAshish Dave, formerly of Mirae Asset Venture Investments, is launching Sanskrit Capital. The new fund aims for Rs 700-1,000 crore. It will ...
Zepto’s $1 billion IPO; Navi eyes fresh fundsHappy Tuesday! Quick commerce firm Zepto has filed updated draft papers for its $1 billion public offering. This and more in today’s ETtech...
Sachin Bansal’s Navi in talks to raise $250-300 million from Prosus, Accel USSachin Bansal's Navi Technologies is in talks to raise $250-300 million at a $1.8-2 billion valuation, potentially from Prosus and Accel Gr...
Wealth firm Nexedge Capital looking to close a $25 million funding round to be led by MiraeNexedge Capital, a wealth management firm for ultra-high-net-worth individuals, is nearing a $25 million funding round. South Korean firm M...
Meta weighs big equity raising to finance AI infrastructure: FTThe report comes after Alphabet moved to raise $84.75 billion in upsized equity offerings, as Big Tech competes to build data centers and...
Space startup Apex doubles valuation to $2.3 billion in new fundingSpace startup Apex has seen its valuation surge to $2.3 billion. This comes after a new funding round where the company raised over $200 mi...