Search for: Alternative Investment

Accel, Celesta, Gaja, others form alliance for deep tech bets in India-domiciled enterprises

02 Sep 2025, 14:54 PM

A bunch of venture capital and private equity firm from India and the US have formed an alliance to invest in deep tech companies in India with an aim t...

ADIA sells entire stake in MobiKwik

02 Sep 2025, 12:43 PM

Abu Dhabi Investment Authority (ADIA) has sold its entire 2.1% stake in listed fintech company MobiKwik for Rs 39 crore through an open market transacti...

Peak XV managing director Harshjit Sethi quits

02 Sep 2025, 12:14 PM

Peak XV Partners managing director Harshjit Sethi has resigned from his position, adding to a slew of top-level exits at the...

Vertiv acquires Generative AI software firm Waylay

01 Sep 2025, 15:11 PM

Vertiv Holdings Co said it has acquired Belgium-based Generative AI software company Waylay NV.The acquisition is part of Vert...

ADIO signs MoU with Ant International to strengthen Abu Dhabi's fintech ecosystem

01 Sep 2025, 13:55 PM

The Abu Dhabi Investment Office (ADIO) has signed a Memorandum of Understanding (MoU) with Ant International, the overseas arm of Chinese fintech giant ...

Tessolve raises $150 million from TPG

01 Sep 2025, 12:55 PM

Tessolve, a semiconductor engineering services company that is part of Hero Electronix, has raised $150 million in a funding round led by global investm...

Fintech founders shaping policy; India on AI map?

01 Sep 2025, 11:41 AM

Reliance launches AI unit, strikes separate partnerships with Meta, Google Cloud

29 Aug 2025, 16:13 PM

Reliance Industries Ltd has launched its AI unit Reliance Intelligence Ltd, and announced a joint venture with Meta besides expanding its partnership wi...

Stock broker Groww gets Sebi nod for $1 billion IPO

29 Aug 2025, 09:03 AM

Stock broking platform Groww has received approval from the Securitie...

TransBnk raises $25 million in Series B funding led by Bessemer Venture Partners

28 Aug 2025, 13:10 PM

NBFC CredRight raises $10 million in Series B funding

26 Aug 2025, 20:54 PM

Non-banking financial company CredRight has raised  $10 million in its Series B funding round led by Norway's Abler Nordic. 

Paytm approves investments in Paytm Money, Paytm Services, discontinues real money gaming biz

26 Aug 2025, 11:27 AM

One97 Communications, the parent of Paytm, has approved investments up to Rs 455 crore in its wholly-owned subsidiaries Paytm Money Ltd and Paytm Servic...

OpenAI warns against unauthorized investment vehicles

25 Aug 2025, 12:07 PM

ChatGPT maker OpenAI has warned against unauthorized opportunities to gain exposure to the company through a variety of means that include investments i...

Meta hits pause on hiring for AI division

21 Aug 2025, 15:32 PM

Meta Platforms has temporarily stopped hiring in its artificial intelligence department, the Wall Street Journal reported.This...

Avanse Financial Services raises $200 million in debt via ECB

21 Aug 2025, 11:29 AM

Avanse Financial Services Ltd, an education focused non-banking finance company (NBFC), said it has raised a multi-currency syndicated external commerci...

Motilal Oswal Mutual Fund hikes stake in Paytm

20 Aug 2025, 17:28 PM

Motilal Oswal Mutual Fund has increased its stake in One Communications Ltd, the parent company of Paytm, by acquiring additional shares....

Weaver to raise $170 million from Lightspeed, Premji Invest, Gaja Capital

19 Aug 2025, 18:06 PM

Technology-focused housing finance company Weaver Services has finalized agreements to raise $170 million in a funding round led by Lightspeed and Premj...

OpenAI employees looking to sell shares worth $6 billion to Softbank, others

18 Aug 2025, 12:29 PM

OpenAI's current and former employees may sell shares worth nearly $6 billion to existing investors including SoftBank, the Bloomberg reported.

RBI committee proposes AI framework for financial services sector

14 Aug 2025, 18:41 PM

A survey conducted by the Reserve Bank of India (RBI) found that only a fifth of the financial entities in the country were active in AI adoption....

Jio’s third attempt at payments: Can Mukesh Ambani finally crack the merchant code?

13 Aug 2025, 13:20 PM

The year 2016 will be remembered by most Indians for queuing up for hours outside ATMs and banks following Prime Minister Narendra Modi’s decision to ...