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6 mins read

Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?

Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…

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3 mins read

Sectoral funds rake in Rs 18,117.18 crore during the month, debt schemes see more inflows than equities, notes AMFI data for August

This takes the total tally of existing sectoral fund schemes to 179. The next category with most sc…

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2 mins read

Dunzo co-founder Mukund Jha plans to start his own AI company, seeks to raise up to Rs 80 crore from Together Fund

Dunzo co-founder Mukund Jha, who stepped down from the company's board last year, is set to launch …

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2 mins read

Allocators that crowded into the biggest hedge funds are worried about these managers crowding into the same trades

A Bank of America survey of 160 hedge fund backers found that they've moved to "consolidation rathe…

Bradley Saacks   


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3 mins read

Weekend wrap: Amazon employee reveals tricks to avoid working from office, markets hit all-time highs

This week in finance, markets hit all-time highs, prompting mutual fund investors to strategize. Re…

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1 min read

The IMF just raised its growth forecast for the US economy this year — but expects a slowdown in 2025

The International Monetary Fund projected US growth of 2.8% this year, falling to 2.2% in 2025, but…

Theron Mohamed   


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3 mins read

What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round

Perplexity has raised hundreds of millions from Jeff Bezos and Nvidia while clashing with top media…

Geoff Weiss   


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2 mins read

China's retirement crisis is here, and Beijing will be forced to keep raising the retirement age, demographer says

People 60 years and older are expected to make up nearly half of China's population by 2050, accord…

Jennifer Sor   


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3 mins read

The biggest IPOs in India’s history – LIC to Paytm, companies that have raised the most funds

India has witnessed several significant initial public offerings (IPOs) over the years that have no…

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5 mins read

The investors behind OpenAI's historic $6.6 billion funding round

OpenAI has raised $6.6 billion in a new funding round that's also one of the largest private invest…

Alex Bitter,Ana Altchek,Hasan…   


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2 mins read

OpenAI's latest funding round could be a bargain or a bust for investors

If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest Americ…

Dan DeFrancesco   


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2 mins read

Zypp Electric raises $15 million funding in Series C Round

EV-as-a-service platform Zypp Electric on Monday said it has raised USD 15-million funding from Jap…

PTI   


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4 mins read

Indian startups raise $3.1 Billion in VC funding in four months even as funding winter continues in the West

Indian startups raised $3.1 billion in VC funding during the first four months of 2024, marking a Y…

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2 mins read

Exclusive: AI startup Attention just raised $14 million to bring its natural language processing tech to sales calls

Attention uses AI and natural language processing to record sales calls, analyze data, and generate…

Samantha Stokes   


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2 mins read

Goldman Sachs raises China growth outlook on optimism over Beijing's fresh push to revive struggling economy

Goldman Sachs analysts upgraded their growth forecast on China from 4.7% to 4.9% for this year, clo…

Kelly Cloonan   


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3 mins read

There's a catch in OpenAI's $6.6 billion funding deal that no one is talking about

OpenAI reportedly has to become a for-profit entity in two years or give back investor money from i…

Natalie Musumeci,Alex Bitter   


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2 mins read

New dating apps and social-networking startups are emerging. Read the pitch decks 6 used to raise millions of dollars.

Social networking and dating startups used these pitch decks to raise Series A and seed venture rou…

Sydney Bradley   


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2 mins read

Exclusive: Health startup Roon is raising $15 million from Sequoia to replace 'Dr. Google'

Roon is raising a $15 million funding round at a $65 million pre-money valuation for its site that …

Sri Muppidi,Rebecca Torrence   


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4 mins read

A basic income program funded by descendants of slave owners provides $1,000 a month as a form of reparations

The descendants of slave owners are funding a basic income program in Louisiana that they view as a…

Katie Balevic   


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1 min read

Cloud API startup Kong valued at around $2 billion in a new funding round led by Tiger Global

Kong, which offers cloud-based APIs, is valued at around $2 billion in a new funding round led by T…

Ben Bergman,Sri Muppidi