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YOTTA IPO INDIA
Yotta Data said to hire advisors for $900 million India IPOYotta Data Services is planning a Mumbai IPO to raise up to $900 million, with a potential $300 million pre-IPO round. Backed by rising AI-...- Flipkart group CFO exits; Zomato raises platform feeHappy Friday! Flipkart group CFO Sriram Venkataraman is set to exit after more than a decade at the Walmart-owned ecommerce giant. This and...
- AI startup Yotta seeks $4 billion valuation ahead of planned IPOThe Mumbai-based company is aiming to secure roughly $500 million to $600 million in capital and then file its formal listing documents wit...
- Yotta spends $2 billion to deploy top Nvidia chipsYotta Data Services is investing $2 billion to install Nvidia’s latest AI chips at its Noida hyperscale data centre, going live by August. ...
- Tax ‘edge’ for foreign firms puts local data centre companies on edgeA Budget proposal offering a 20-year tax holiday for foreign data centre investors has raised concerns among Indian companies. They warn it...
- Voice AI attracts interest; Inside PhonePe’s IPO planHappy Thursday! Voice AI startups are beginning the year on a high note. This and more in today’s ETtech Morning Dispatch.
- Yotta eyeing India listing to ride the AI tech wave here“We are in the process of doing diligence for a listing in India. We are open for a pre-IPO (initial public offering) round right now. We'r...
- Yotta set to debut on Nasdaq as SEC okays Cartica mergerThe listing is expected to raise around $463 million, which will be used primarily for expanding Graphics Processing Unit (GPU) infrastruct...
- Porter's pre-IPO fundraise; OpenAI scales India plansPorter is about to close an extended funding round, which could be one of the largest this year. This and more in today's ETtech Morning Di...
- SoftBank changes India gears; Meesho’s homecomingHappy Tuesday! SoftBank is looking to acquire IT-enabled services firms in India. This and more in today’s ETtech Morning Dispatch.
- Top-deck churn at Tata Digital; Rapido’s cash burn risesHappy Friday! Top-level exits continue at Tata Digital with CEO Naveen Tahilyani abruptly ending his year-long stint. This and more in toda...
- Bira brews debt trouble?; Investors’ Ather bonanzaHappy Wednesday! Alcoholic beverage maker B9 Beverages has run into trouble with some debt investors. This and more in today’s ETtech Morni...
- PhysicsWallah goes UPSC shopping; Tech giants eye GPUsHappy Wednesday! Edtech firm PhysicsWallah is eyeing acquisitions to shore up its UPSC test prep presence. This and more in today’s ETtech ...
- Canva’s bullish on India; Ola’s revenue fallsIndia may emerge as Canva’s largest market within three to five years, cofounder and chief product officer Cameron Adams told ET. This and ...
- Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
- ETSA 2024: Jury to pick winners today; nominees for Midas Touch, Startup of the YearThe day is here! The elite jury of The Economic Times Startup Awards 2024, led by Infosys cofounder Nandan Nilekani, will meet in Bengaluru...
- India Inc raises record $30 billion in 6 months, riding FPO waveIndian companies have raised a record $29.5 billion in the equity market through IPOs & FPOs in the first half of 2024, more than double th...
- P2P lenders under stress; Pocket FM’s unicorn funding roundPeer-to-peer lending companies such as Liquiloans, Lendbox, and Faircent are putting the brakes on their instant withdrawal products. This ...
- Netflix India FY23 report card; key takeaways from Vibrant Gujarat SummitStreaming giant Netflix saw a 24% rise in revenues from India on the back of lower subscription fees in FY23. This and more in today’s ETte...
- Top 100 Indian realty developers’ total wealth grew 26% in 2020 to $46 billion: ReportMangal Prabhat Lodha & Family, promoters of Macrotech Developers retained the top spot for the fourth successive year with a wealth of Rs 4...
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