Pwc

Arohan Financial Services appoints Milind Nare as Deputy CEO, Ketan Agrawal as Deputy CFO

Arohan Financial Services appoints Milind Nare as Deputy CEO, Ketan Agrawal as Deputy CFO

26 Aug 2025, 17:08 PM

Along with the new role. Nare will continue as the company's Chief Financial Officer (CFO).

Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

26 Aug 2025, 12:40 PM

The lawsuit is a build up to the long drawn dispute between Musk and OpenAI's Sam Altman.

NBFC CredRight raises $10 million in Series B funding

NBFC CredRight raises $10 million in Series B funding

26 Aug 2025, 12:09 PM

The investment also saw participation from existing investors Michael & Susan Dell Foundation and Unleash Capital.

Meta strikes licensing deal with Midjourney

Meta strikes licensing deal with Midjourney

25 Aug 2025, 12:38 PM

Last month, Meta struck a deal to acquire PlayAI, a voice technology startup.

OpenAI

OpenAI's chief people officer Julia Villagra steps down

22 Aug 2025, 12:43 PM

Prior to joining OpenAI, Villagra was board member at Tertulia Chamber Music, San Francisco-based chamber music series.

Payments Council of India reappoints CCAvenue

Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

21 Aug 2025, 14:46 PM

M N Srinivasu, co-founder and director, BillDesk has been re-appointed as the co-chairperson of the Payments Council of India.

Avanse Financial Services raises $200 million in debt via ECB

Avanse Financial Services raises $200 million in debt via ECB

21 Aug 2025, 11:29 AM

The loan was raised from a syndication of banks from Taiwan, Japan, Singapore, Sri Lanka, the UAE, and India.

HDFC Bank invests in conversational AI company CoRover

HDFC Bank invests in conversational AI company CoRover

20 Aug 2025, 18:18 PM

Ankush Sabharwal, founder & CEO of CoRover, said that the partnership with HDFC Bank signals a shared commitment to building AI that is sovereign.

Motilal Oswal Mutual Fund hikes stake in Paytm

Motilal Oswal Mutual Fund hikes stake in Paytm

20 Aug 2025, 17:28 PM

Motilal Oswal Mutual Fund acquired 26.31 lakh shares of Paytm to raise its stake to 5.15% through open market transactions.

Kiwi raises $23 million in Series B funding led by Vertex Ventures

Kiwi raises $23 million in Series B funding led by Vertex Ventures

20 Aug 2025, 13:53 PM

The funding round saw participation from Nexus Venture Partners, Stellaris Venture Partners, and Omidyar Network.

Nvidia developing new, more powerful AI chip than H20 for China

Nvidia developing new, more powerful AI chip than H20 for China

20 Aug 2025, 12:04 PM

The new chip, which is tentatively called as B30A, will be single die in nature.

Weaver to raise $170 million from Lightspeed, Premji Invest, Gaja Capital

Weaver to raise $170 million from Lightspeed, Premji Invest, Gaja Capital

19 Aug 2025, 18:06 PM

The fresh capital will be used to accelerate technology platform development and expand into secondary and tertiary markets.

Westbridge Capital-backed Credgenics acquires Arrise

Westbridge Capital-backed Credgenics acquires Arrise

19 Aug 2025, 12:30 PM

The combined entity now aims to achieve joint annual revenue of Rs 850 crore within the next three-year period.

MobiKwik sues DAM Capital over Rs 42 crore IPO funds dispute

MobiKwik sues DAM Capital over Rs 42 crore IPO funds dispute

16 Aug 2025, 13:35 PM

The fintech firm alleges that the IPO lead manager DAM Capital has withheld Rs 42 crore meant for IPO-related expenses.

Ex-Tesla executives launch AI startup DensityAI

Ex-Tesla executives launch AI startup DensityAI

07 Aug 2025, 18:22 PM

The company, known as DensityAI, is preparing to emerge from stealth mode and is currently in discussions to secure funding in the hundreds of millions range.

Amazon hosts OpenAI models on AWS for first time

Amazon hosts OpenAI models on AWS for first time

06 Aug 2025, 13:21 PM

OpenAI's open weight models will be available via Amazon Bedrock and Amazon SageMaker AI.

Apple creates new team to build ChatGPT-like app

Apple creates new team to build ChatGPT-like app

04 Aug 2025, 12:15 PM

The new app could be a standalone app or offer search capabilities in Siri, Safari, and other Apple products.

Shark Tank startup Plus Gold shuts shop

Shark Tank startup Plus Gold shuts shop

01 Aug 2025, 17:57 PM

The primary challenges that led to Plus Gold's closure included excessive operational expenses and the capital-intensive nature of the gold investment business.

Fintech Highlights

  1. Arohan Financial Services appoints Milind Nare as Deputy CEO, Ketan Agrawal as Deputy CFO

  2. NBFC CredRight raises $10 million in Series B funding

  3. Paytm approves investments in Paytm Money, Paytm Services, discontinues real money gaming biz

  4. Payments Council of India reappoints CCAvenue's Vishwas Patel as chairperson

  5. Avanse Financial Services raises $200 million in debt via ECB
  6. Read more news...

AI/Emerging Tech

  1. Elon Musk’s xAI, X sue Apple and OpenAI over antitrust claims

  2. OpenAI appoints ex Coursera exec Raghav Gupta as education vertical head for India, APAC

  3. Meta strikes licensing deal with Midjourney

  4. OpenAI warns against unauthorized investment vehicles

  5. Google inks cloud computing deal worth $10 billion with Meta
  6. Read more news...

Editor's Pick

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

  2. Exclusive: ICICI Bank breaks zero-fee UPI model, starts charging payment aggregators

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