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2 mins read
Anil Ambani's Reliance Group starts transformation journey, achieves near zero-debt
Reliance Infra announced a significant reduction in standalone external debt, lowering it from Rs 3…
PTI
2 mins read
Promoters to infuse Rs 1,100 crore in Reliance Infra
The board of the company had on Thursday approved Rs 6,000 crore fund raise plan, of which Rs 3,014…
PTI
1 min read
ChatGPT competitor Perplexity AI seeking to raise $500 million, eyes valuation of over $8 billion
Perplexity AI is reportedly seeking around $500 million in funding to boost its valuation to over $…
2 mins read
BBG Ventures raises $60 million for its latest fund and moves beyond just backing female founders
BBG Ventures raises a $60 million fund and adds new investors like Pivotal Ventures, California End…
Leena Rao
1 min read
SpiceJet raises Rs 3,000 crore through QIP
It also said the QIP attracted a diverse pool of top-tier institutional investors and mutual funds,…
PTI
2 mins read
Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal
Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…
1 min read
10 start-up incubators to kickstart your venture in India
10 start-up incubators to kickstart your venture in India
1 min read
Exclusive: AI cloud startup Ori is in talks to raise up to $80 million in funding, sources say
Investor appetite for startups building the "picks and shovels" of AI is high — and sources say Ori…
Riddhi Kanetkar
2 mins read
EdTech revival? PhysicsWallah raises $210 million, catapulting the firm’s valuation to $2.8 billion
PhysicsWallah secures $210 million in funding, boosting its valuation to $2.8 billion amid challeng…
1 min read
AI sales startup Clay is raising a new funding round at a $1.3 billion valuation, sources say
Clay helps sales teams by automating outreach to potential customers. The company last raised $46 m…
Sri Muppidi
1 min read
SpiceJet’s Ajay Singh might sell stake to raise funds for airline
SpiceJet's Chairman Ajay Singh is considering selling over 10 percent of his stake to raise funds b…
1 min read
Blue Tokai to Zepto: What are the Indian start-ups that raised $466 mn last week?
Blue Tokai to Zepto: What are the Indian start-ups that raised $466 mn last week?
1 min read
Max Estates launches QIP to raise up to Rs 800 cr for business growth
The panel also approved the floor price for the issue at Rs 628.74 per equity share.
PTI
1 min read
Read the pitch deck that personal-shopping startup The Floorr used to raise $1.7 million in funding
On The Floorr, which launched in January, links are tracked — whether it's the client buying or the…
Madeline Berg
1 min read
Founder Ritesh Agarwal invests Rs 830 crore in OYO's latest funding round; Platform raises Rs 1,457 crore
Post the equity dilution in the Series G funding, Agarwal's holdings will increase from 29.97 per…
PTI
3 mins read
The newest fad in mutual fund multiverse: Sectoral Funds. Here's why you should not over-invest in them
Between April and June 2024, equity mutual funds saw a total inflow of Rs 94,222.27 crore, out of w…
2 mins read
Zepto raises USD 665 million; Valuation nearly triples to USD 3.6 billion
Quick commerce company Zepto on Friday said it has raised USD 665 million (about Rs 5,560 crore) in…
PTI
1 min read
Ola Electric gets SEBI approval for ₹5,500 crore IPO
Indian electric two-wheeler maker Ola Electric has received approval from the Securities Exchange B…
1 min read
EV ride-hailing firm BluSmart raises USD 24 million
The funds will support BluSmart in expanding its operations and building EV charging infrastructure…
PTI
2 mins read
These tech investors are trawling UC Berkeley to fund the next Perplexity or Databricks
The House Funds invests in a conveyor belt of entrepreneurial talent coming out of the University o…