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Joint Venture

Reliance Industries, JV partners to invest $11 bn to build AI data centre in India

Reliance Industries, JV partners to invest $11 bn to build AI data centre in India

27 Nov 2025, 17:54 PM

Investments in building data centres is on the rise in the country as AI adoption begins to scale quickly.

Reliance incorporates AI joint venture with Facebook

Reliance incorporates AI joint venture with Facebook

27 Oct 2025, 11:23 AM

Reliance Intelligence and Facebook have jointly committed an initial investment of Rs 855 crore in the JV.

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. PayNearby gets UPI TPAP licence from NPCI

  2. Prosperr.io raises $4 million in seed funding led by Jungle Ventures

  3. Mswipe receives final payment aggregator license from RBI

  4. PowerUp Money raises Series A funding led by Peak XV

  5. How software security standards are reshaping India's payments landscape

  6. Read more news...

AI/Emerging Tech

  1. Meta to acquire Chinese founded AI startup Manus

  2. Flipkart acquires majority stake in AI startup Minivet AI

  3. Amazon in talks to invest $10 billion in OpenAI

  4. OpenAI upgrades ChatGPT model within a month as competition from Google intensifies

  5. India proposes AI companies to pay royalties for using copyrighted work

  6. Read more news...

IPO Tales

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

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

  3. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  4. The Bull Run Broker: Inside Groww's $7 billion IPO

  5. Read more news...

Money & Machines

  1. Visa's utility shift; an AI bet that isn't accidental

  2. A payments scare and an AI funding reality check

  3. ONDC confused me for years — now AGI is confusing everyone

  4. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  5. Previous editions...

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

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