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Morgan Stanley

Pine Labs raises Rs 1,754 crore from anchor investors

Pine Labs raises Rs 1,754 crore from anchor investors

07 Nov 2025, 13:10 PM

Nearly 47% of the total anchor allocation went to 12 domestic mutual funds across around 30 schemes.

Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

Morgan Stanley sells Rs 18 crore worth shares in Policybazaar parent

03 Jul 2025, 16:26 PM

The development comes few days after PB Fintech co-founders Yashish Dahiya and Alok Bansal dumped Rs 900 crore worth of shares.

Elon Musk

Elon Musk's xAI raises $10 billion to boost Grok platform

02 Jul 2025, 18:25 PM

The fresh capital will help xAI to develop its AI solutions including one of the world's largest data center and its flagship Grok platform.

Walmart-backed PhonePe picks 4 investment banks for its IPO

Walmart-backed PhonePe picks 4 investment banks for its IPO

27 Feb 2025, 00:19 AM

PhonePe has reportedly onboarded Kotak Mahindra Capital, JP Morgan, Citi and Morgan Stanley to kick off its IPO.

Who Reads Us

Fintech Highlights

  1. Pine Labs' Navin Chandani resigns as President, CBO of issuing biz

  2. Razorpay partners with OpenAI to bring payments to Codex

  3. Dhan's parent to acquire wealthtech startup Infinyte Club

  4. Antler-backed Covrzy rejects two M&A offers, opts to shut down

  5. Fino Payments Bank's compliance chief Aashish Pathak steps down

  6. Read more news...

AI/Emerging Tech

  1. Agentic AI startup Xccelera bags funding from angel investors

  2. InsideFPV executes Rs 10 crore defence contract to supply indigenous drones

  3. Spacetech startup SatLeo Labs bags seed funding led by Unicorn India Ventures

  4. OpenAI raises $122 billion at post-money valuation of $852 billion

  5. IndiaAI Mission CEO Abhishek Singh to move from MeitY to NTA as Director General

  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. 'Guilty, until proven innocent'; The ARR illusion

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

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

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

  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

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