Persistent Systems and Google Cloud have deepened their collaboration by introducing a variety of Generative AI solutions.

Singapore-based real estate AT Capital firm and NBFC firm Experion Capital has made its first investment in India by providing ₹200 crores as project finance for Vatika Group’s prestigious luxury residential project, Sovereign Park, located in Gurugram.

Suniel Shetty, a known actor and entrepreneur has recently made an investment, in Pro Panja League. This emerging professional arm wrestling tournament is gaining popularity in India. The league emphasizes its roots welcomes participants, from backgrounds, and aims to attract a wide audience through television broadcasts. In its season the league aspires to captivate viewers and establish an online community. The future looks promising for this growing sport. 

The opening of a tender offer for the firm, headed by Japan Industrial Partners (JIP), is anticipated to happen “sometime in August 2023,” rather than the originally anticipated late July timeframe, according to a statement released by Toshiba Corporation on Friday. 

Following scrutiny from New Delhi over its investment proposal, China’s BYD informed its India joint venture partner that it would abandon plans for a new $1 billion investment to produce electric automobiles.

Wiom, a homegrown tech startup focusing on democratizing internet access in India, announced a Rs 140 crore Series A financing on Thursday.

Silicon Power Group, a company plans to invest 10 billion rupees in the construction of a facility, in Odisha, India. The facility will produce silicon carbide for semiconductor components.

Capgemini, a French IT consulting firm, reported stronger half-year revenue on Friday, driven by its cloud, data, and artificial intelligence (AI) activities, and announced it will invest 2 billion euros ($2.19 billion) in AI over three years.

Nirma, a manufacturer of soap and detergent products is looking to secure funding of, up to Rs 7,000 crore. This capital infusion will be utilized for expanding its manufacturing facilities and exploring acquisition opportunities. Glenmark Life Sciences has been identified as one of the companies being considered for bids. The objective, behind this move, is to broaden Nirma’s business portfolio by venturing into the healthcare sector. This decision is supported by Nirma’s performance and strong cash flow generation.

The American chipmaker Advanced Micro Devices announced on Friday that it will spend $400 million in India over the following five years and that Bengaluru will become the site of its largest design facility.

Kapture CX, a platform that automates customer experience recently secured $4 million, in funding. The investment was led by Cactus Venture Partners.

In order to support investment in deep technologies deemed essential to the nation’s national interests, Main Sequence, the venture capital firm formed by Australia’s national research agency, raised A$450 million