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Mukesh Ambani

Reliance plans to invest $110 billion to build India

Reliance plans to invest $110 billion to build India's AI infra

19 Feb 2026, 18:33 PM

Other Indian conglomerates also announced plans to develop data centres in India earlier this week.

Reliance

Reliance's startup moment; Amazon, Flipkart's NBFC play

30 Sep 2025, 13:57 PM

Sept 5th Edition: We track Mukesh Ambani’s entry into a novel business that even big tech businesses are trying to make sense of; and the country’s top marketplaces’ credit bet.

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

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

29 Aug 2025, 16:13 PM

Reliance Intelligence will pursue the business of setting up, acquiring, holding/investing in and promoting various ventures relating to AI.

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

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

13 Aug 2025, 02:14 AM

Jio's payment aggregator arm, led by ICICI Bank veterans, is tapping deep banking ties and Reliance's war chest to take on India's biggest fintech players.

Jio Financial acquires SBI

Jio Financial acquires SBI's stake in payments bank JV

05 Mar 2025, 22:32 PM

Jio Financial Services acquires SBI's 17.8% stake in Jio Payments Bank for Rs 104.54 crore.

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

Jio Financial Services in talks with Allianz SE to set up insurance biz: report

24 Oct 2024, 17:58 PM

The news comes shortly after Bajaj Finserv revealed that Allianz is considering an exit from its existing life and general insurance joint ventures with the Bajaj Group.

Who Reads Us

Fintech Highlights

  1. OpenFX raises $94 million in funding round led by Accel, Lightspeed

  2. Wealthtech startup Bachatt raises Series A funding led by Accel

  3. UPI merchant payments dip in Feb; brokers see 28% fall in transaction value

  4. Future Wealth Investments floats $50 million debut venture fund

  5. Dugar Finance raises pre-Series A funding led by HegdInvst
  6. Read more news...

AI/Emerging Tech

  1. Bellatrix Aerospace raises $20 million in pre-Series B funding led by Cactus Partners

  2. Gnani.ai raises fresh funding led by Aavishkaar Capital

  3. Rocketlane raises $60 million in Series C funding led by Insight Partners

  4. Deccan AI secures Series A funding led by A91 Partners

  5. OpenAI hires JioStar CEO Kiran Mani to head Asia-Pacific biz
  6. Read more news...

IPO Tales

  1. Shiprocket IPO: A profitable core, costly emerging bets

  2. Fractal IPO: A bountiful harvest for PE investors, now comes the real AI test

  3. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  4. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO
  5. Read more news...

Money & Machines

  1. Rishi Gupta is out on bail. What next?; The cost of frivolous AI use

  2. Fintechs' Dubai Dream; Founders' AI Second Act

  3. A CEO arrested, hearing delayed; Sarvam's AI pitch

  4. Airtel's lending leap; Responsible AI only on paper?
  5. Previous editions...

PE/VC Tales

  1. Enterprise bets pay off as Arali Ventures eyes ‘larger’ third fund

  2. TDV Partners bullish on consumer over AI, plans bigger fund

  3. Peak XV top partners exit, a key retention marks a week of upheaval

  4. Silverneedle eyes 10x larger second fund, plans first semiconductor bet
  5. Read more news...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar