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Sarvam AI Obtained $41 Million in Funding Led by Lightspeed, the Largest Amount Ever Raised by an Indian AI Startup Business-thumnail

Sarvam AI Obtained $41 Million in Funding Led by Lightspeed, the Largest Amount Ever Raised by an Indian AI Startup Business

The Indian generative AI startup Sarvam AI announced on Thursday that it has raised $41 million in its Series A round, which Vinod Khosla’s Khosla Ventures and Peak XV Partners

Business

Dec 7, 2023

Next Week, Vedanta Resources Will Close $1.2 Billion in Private Credit Financing-thumnail

Next Week, Vedanta Resources Will Close $1.2 Billion in Private Credit Financing

According to persons with knowledge of the situation, the billionaire Anil Agarwal-led Vedanta Resources plans to partially repay $3.2 billion in bonds that mature in 2024 and 2025 by signing

Business

Dec 5, 2023

New Funding for Fnality Blockchain Payments Firm Led by Goldman Sachs-thumnail

New Funding for Fnality Blockchain Payments Firm Led by Goldman Sachs

A blockchain-based wholesale payments company called Fnality announced on Tuesday that it has raised 77.7 million pounds ($95.09 million) in a second round of funding, supported by Goldman Sachs and

Business

Nov 14, 2023

As Japan’s First Bond-type Issue, Softbank Corp Raises $800 Million-thumnail

As Japan’s First Bond-type Issue, Softbank Corp Raises $800 Million

The first-ever bond-type shares of SoftBank Corp. of Japan were offered on the Tokyo Stock Exchange on Thursday, garnering a total of 120 billion yen ($799 million) due to significant

Business

Nov 2, 2023

Zen Technologies Wins 100-crore Tank Training System Order From The Defence Ministry-thumnail

Zen Technologies Wins 100-crore Tank Training System Order From The Defence Ministry

Zen Technologies Ltd.’s shares are in the headlines today after the company said that the military ministry has given an order for its cutting-edge Force-On-Force Tank training system, valued at

Business

Oct 26, 2023

Piramal Alternatives Invests Rs. 250 Crore in an Electric Bus Manufacturer-thumnail

Piramal Alternatives Invests Rs. 250 Crore in an Electric Bus Manufacturer

PMI Electro Mobility Solutions Pvt Ltd, an electric bus maker, stated on Wednesday that it had secured Rs 250 crore from Piramal Alternatives, the Piramal Group’s fund-management arm, to support

Business

Oct 25, 2023

Garuda Aerospace Raises Rs 25 Crore from Venture Catalysts and Others-thumnail

Garuda Aerospace Raises Rs 25 Crore from Venture Catalysts and Others

In order to meet its working capital needs, drone maker Garuda Aerospace announced on Wednesday that it has secured Rs 25 crore in funding from a new bridge round headed

Business

Oct 25, 2023

In a $1 Billion Venture, GIC Collaborates with Vedanta’s Sterlite Transmission-thumnail

In a $1 Billion Venture, GIC Collaborates with Vedanta’s Sterlite Transmission

According to an article by The Economic Times (ET), Sterlite Power Transmission (SPTL) is working with Singapore’s sovereign wealth fund, GIC, to establish a $1 billion joint venture platform in

Business

Oct 25, 2023

Zara Owner Inditex Invests in Polyester Recycling Start-up in the U.S.-thumnail

Zara Owner Inditex Invests in Polyester Recycling Start-up in the U.S.

According to a document seen by Reuters, the largest apparel retailer in the world, Inditex, the parent company of Zara, has decided to invest in and purchase recycled polyester from

Business

Oct 25, 2023

Footwear brand Inc.5 Shoes Receives Series A Funding From Carpediem Capital-thumnail

Footwear brand Inc.5 Shoes Receives Series A Funding From Carpediem Capital

The Mumbai-based venture firm Carpediem Capital led a $10 million (about Rs 83 crore) venture fundraising round for the historic footwear business Inc.5 Shoes, which also included participation from Param

Business

Oct 25, 2023

Exponent Aims To Raise $25 Million At a Valuation Of $100-120 Million-thumnail

Exponent Aims To Raise $25 Million At a Valuation Of $100-120 Million

Exponent Energy, a firm that provides electric vehicle (EV) rapid charging, is expected to finish its first funding round in over a year soon, raising $25 million at a valuation

Business

Oct 25, 2023

In Partnership With Spring Marketing Capital, Niyo Receives a Strategic Investment-thumnail

In Partnership With Spring Marketing Capital, Niyo Receives a Strategic Investment

Spring Marketing Capital has made a strategic investment in Neobank startup Niyo. The amount is yet unknown, though. With this investment, Niyo Global hopes to fortify its market position and

Business

Oct 20, 2023


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