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Reliance Infrastructure and Reliance Power raises ₹1,043 crores from Reliance Commercial Finance -thumnail

Reliance Infrastructure and Reliance Power raises ₹1,043 crores from Reliance Commercial Finance 

Reliance Infrastructure and Reliance Power, which are companies, under the Anil Ambani group plan to raise ₹1,043 crore through shares from Reliance Commercial Finance.

Business

Aug 25, 2023

IIT Bombay receives 160 crore from anonymous donor for Green Energy Research Hub-thumnail

IIT Bombay receives 160 crore from anonymous donor for Green Energy Research Hub

IIT Bombay has recently received a donation of Rs 160 crore, from a donor. This significant contribution will be utilized to establish a Research Hub focused on Green Energy and Sustainability.

Business

Aug 25, 2023

Naver, the South Korean internet conglomerate introduced n generative AI tool-thumnail

Naver, the South Korean internet conglomerate introduced n generative AI tool

Korean internet company Naver has ventured into the world of intelligence with its new tool called HyperCLOVA X. This AI tool focuses on providing search results and tailored services for businesses.

AI

Aug 24, 2023

Education-focused lending startup GradRight secures INR 50 crore in funding-thumnail

Education-focused lending startup GradRight secures INR 50 crore in funding

GradRight, a company based in Mumbai has successfully raised INR 50 Cr, in Series A funding from IvyCap Ventures.

Investment & Funding

Aug 24, 2023

India’s AI boom: A LinkedIn survey shows a 14x increase in workers with AI skills-thumnail

India’s AI boom: A LinkedIn survey shows a 14x increase in workers with AI skills

In India, the number of people with AI skills increased by 14 times between January 2016 and June 2023, according to recent research by the online professional networking site LinkedIn.

AI

Aug 24, 2023

With record results and a $25 billion buyback, Nvidia adds jet fuel to AI optimism-thumnail

With record results and a $25 billion buyback, Nvidia adds jet fuel to AI optimism

The demand for Nvidia’s processors was greatly surpassed by its quarterly revenue prediction on Wednesday, and the company also announced it will repurchase $25 billion worth of stock, sending its shares surging after hours.

AI

Aug 24, 2023

Reliance Retail Ventures will get an 8,278 crore investment from Qatar Investment Authority in exchange for a 0.99% ownership holding-thumnail

Reliance Retail Ventures will get an 8,278 crore investment from Qatar Investment Authority in exchange for a 0.99% ownership holding

Reliance Retail Ventures Limited (“RRVL”) announced today that the Qatar Investment Authority (“QIA”) will invest 8,278 crore in RRVL, a subsidiary of Reliance Industries Limited, through a wholly-owned subsidiary.

Business

Aug 23, 2023

SpyCloud Raises $110 Million Growth Round Led by Riverwood Capital to Accelerate Identity Threat Protection-thumnail

SpyCloud Raises $110 Million Growth Round Led by Riverwood Capital to Accelerate Identity Threat Protection

SpyCloud gives organizations automated avoidance of the top assault vectors utilized by modern lawbreakers, forestalling the most expensive designated assaults.

Business

Aug 23, 2023

Investors look to Nvidia’s earnings as US stocks rally wobbles-thumnail

Investors look to Nvidia’s earnings as US stocks rally wobbles

Bullish investors are hopeful that Nvidia’s earnings release on Wednesday can revive the sputtering recent advance in U.S. markets. The S&P 500 has increased by 14% this year, with the

Investment & Funding

Aug 23, 2023

Boxs, a B2B interior design startup successfully raises $1.6 million in funding from Peak XV-thumnail

Boxs, a B2B interior design startup successfully raises $1.6 million in funding from Peak XV

Boxs, a startup that is transforming the field of design for businesses has successfully raised $1.6 million, in funding. The investment was led by Peak XVs Surge with participation from Titan Capital and the founders of Zetwerk.

Investment & Funding

Aug 22, 2023

SaaS startup Wootz.work raises $3.5 Mn in a seed round-thumnail

SaaS startup Wootz.work raises $3.5 Mn in a seed round

Wootz.work, a startup that offers Software as a Service (SaaS) has successfully raised $3.5 million, in seed funding.

Investment & Funding

Aug 22, 2023

For a $250 million investment into Mahindra InvIT, international investors APG, IFC, and AIIB compete-thumnail

For a $250 million investment into Mahindra InvIT, international investors APG, IFC, and AIIB compete

Dutch pension fund APG Asset Management are among the international investors competing to invest up to $250 million (roughly 2,080 crores) in Mahindra InvIT, according to an Economic Times report. 

Business

Aug 22, 2023


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