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xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

xAI reportedly eyes fresh funding at $170-$200 billion valuation; Musk denies

12 Jul 2025, 12:19 PM

The Saudi Arabian sovereign wealth fund, the Public Investment Fund, is expected to pick a significant stake in the round.

PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

PhonePe plans to file draft papers for $1.5 billion IPO by Aug-end: report

23 Jun 2025, 16:45 PM

The IPO is expected to value the Walmart-backed digital payments company at nearly $15 billion.

Pine Labs set to file DRHP for IPO by June-end

Pine Labs set to file DRHP for IPO by June-end

11 Jun 2025, 14:02 PM

The Noida-headquartered company has been reportedly planning to float its IPO by the end of this year.

Moneyview converts into public entity ahead of IPO

Moneyview converts into public entity ahead of IPO

04 Jun 2025, 14:41 PM

The digital lender is eyeing an IPO to raise over $400 million and has reportedly appointed Axis Capital, Kotak Mahindra, and others as its banking partners.

PhonePe becomes public entity ahead of its $15-billion IPO

PhonePe becomes public entity ahead of its $15-billion IPO

20 Apr 2025, 21:08 PM

The firm's name has now been updated from “PhonePe Private Limited” to “PhonePe Limited”.

Razorpay converts into public entity amidst reverse flipping back to India

Razorpay converts into public entity amidst reverse flipping back to India

20 Apr 2025, 20:55 PM

This development follows the recent approval of the merger between Razorpay Inc. and Razorpay India by the Regional Director in Hyderabad.

OfBusiness transitioning into public entity as it moves closer to IPO

OfBusiness transitioning into public entity as it moves closer to IPO

03 Feb 2025, 15:58 PM

The company's board has approved a resolution to change its name from 'OFB Tech Private Limited' to 'OFB Tech Limited'.

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Who Reads Us

Fintech Highlights

  1. Haryana govt approves CBI probe into 5 IAS officers in IDFC First Bank case

  2. Paytm introduces UPI-based Pocket Money feature for teens

  3. RBI cancels registrations of 150 NBFCs across India

  4. Mettle Capital, floated by former Peak XV execs, targets $350-400 million for debut fund

  5. ED raids payment aggregator Pay10 premises in PMLA probe

  6. Read more news...

AI/Emerging Tech

  1. India's AI venture firm Activate makes strategic bet on ElevenLabs

  2. Zoho invests Rs 70 crore in ONDC

  3. Fractal Q4 FY26 revenue from operations up 17% to Rs 886 crore

  4. Flo Mobility bags pre-Series A funding co-led by Mela Ventures, Arali

  5. Fi cofounder Sumit Gwalani launches stealth AI venture for enterprises

  6. Read more news...

IPO Tales

  1. Turtlemint IPO: Behind its 8x revenue jump, an internal deal does the heavy lifting

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

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

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

  5. Read more news...

Money & Machines

  1. Razorpay's IPO + Visa's appointment + AI-IT tieups

  2. The Slice transition; Spyne's R&D obsession

  3. The fintech crackdown continues; The ROI paradox in AI

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

  5. Previous editions...

PE/VC Tales

  1. Zetwerk-backer Kae Capital sees more exits in next 12 months, says AI startup valuations high

  2. Micro VCs: Fueling India's startup pipeline or distorting it?

  3. Inside the fintech and financial services bets of Peak XV, Accel, Elevation

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

  5. Read more news...

Editor's Pick

  1. Exclusive: Reserve Bank of India cracks down on misuse of education payments

  2. Inside Rebel Foods, Droom backer Lightbox's post-exodus reset

  3. The LAP rush and MSME mirage: Is fintech lending building its next risk? [Part-3]

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