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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 Q2 revenue up 18% to Rs 650 crore, swings to profit

  2. Digital NBFCs’ personal loan sanctions jump 25% to Rs 97,381 crore in H1 FY26: FACE

  3. Mannjal bags seed funding led by Arali Ventures, B Capital

  4. Account aggregator Finvu raises $15 million led by WestBridge Capital

  5. PB Fintech approves Rs 644 crore in stock options to employees

  6. Read more news...

AI/Emerging Tech

  1. AWS launches three new frontier AI agents

  2. Anthropic prepares to float IPO in 2026, hires law firm

  3. Aakrit Vaish launches India-focused AI fund Activate

  4. IIM Calcutta Innovation Park appoints former defence veteran V K Rai as new CEO

  5. Nvidia launches new digital and physical AI tools

  6. Read more news...

IPO Tales

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

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

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

  4. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  5. Read more news...

Money & Machines

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

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

  3. Two crises, one theme — how tech is testing fintech and journalism

  4. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive

  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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