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The WestBridge Group is close to investing Rs 800 crore in Milky Mist at a valuation of nearly Rs 7,000 crore-thumnail

The WestBridge Group is close to investing Rs 800 crore in Milky Mist at a valuation of nearly Rs 7,000 crore

According to insiders, a deal to buy a minority position in the dairy products company Milky Mist, based in Tamil Nadu, is about to be finalized by India-focused investment vehicle

Investment & Funding

May 8, 2023

Temasek is considering investing $100 million in the Indian jewelry company BlueStone-thumnail

Temasek is considering investing $100 million in the Indian jewelry company BlueStone

According to two sources with firsthand knowledge of the situation, Singapore’s Temasek Holdings is exploring a $100 million investment in Indian jewellery maker BlueStone for a 20% interest. One of

Investment & Funding

May 6, 2023

A report says 163 Indian companies invested $40 billion in the US and created 425,000 jobs-thumnail

A report says 163 Indian companies invested $40 billion in the US and created 425,000 jobs

According to a report, 163 Indian companies invested USD 40 billion in the US so far, which has led to the creation of close to 425,000 jobs in the nation.

Business

May 4, 2023

EV startup BluSmart raises $42 million from BP and others-thumnail

EV startup BluSmart raises $42 million from BP and others

The electric ride-hailing startup from India, BluSmart raises $42 million as it ramps up its conflict with the two market leaders, Ola Cabs and Uber Technologies Inc. BP Ventures, the

Investment & Funding

May 4, 2023

SEBI’s latest regulation: Stockbrokers prohibited from utilizing customers’ funds for bank guarantees-thumnail

SEBI’s latest regulation: Stockbrokers prohibited from utilizing customers’ funds for bank guarantees

The Securities and Exchange Board of India (SEBI) has put forward a directive to disallow stockbrokers and clearing members from employing their clients’ funds to construct bank guarantees (BGs). SEBI

Investment & Funding

May 2, 2023

The content commerce platform Hypd raises $4 million in pre-series A funding-thumnail

The content commerce platform Hypd raises $4 million in pre-series A funding

Orios Venture Partners led a $4 million pre-series A round of funding for the content commerce platform Hypd. Image@credit The Economic Times According to a release, the round also included

Investment & Funding

May 2, 2023

What causes Indian startups to fail?-thumnail

What causes Indian startups to fail?

It is difficult to assume that Indian startups will continue to experience a downturn for very long given how much talent and attention they have attracted. However, there are at

Investment & Funding

May 2, 2023

How electric vehicles are changing the way we think about the energy grid-thumnail

How electric vehicles are changing the way we think about the energy grid

Since the advent of electric vehicles and their being launched in the public domain, their popularity has increased to another level all around the world. Not just these electric vehicles

Automation

May 2, 2023

Silicon Valley Bank funds Pocket FM with $16 million in debt-thumnail

Silicon Valley Bank funds Pocket FM with $16 million in debt

On Tuesday, audio series platform Pocket FM announced that it has received $16 million in debt financing from Silicon Valley Bank (SVB), a subsidiary of First Citizens Bank with headquarters

Investment & Funding

May 2, 2023

Serentica Renewables in India will get an extra $250 million investment from KKR-thumnail

Serentica Renewables in India will get an extra $250 million investment from KKR

According to Reuters, the US private equity company KKR & Co Inc would invest an extra $250 million in the Indian decarbonization platform Serentica Renewables.  Serentica Renewables is a firm

Investment & Funding

May 1, 2023

Bangladesh allows India to use Chattogram and Mongla ports for transit and transshipment of cargo-thumnail

Bangladesh allows India to use Chattogram and Mongla ports for transit and transshipment of cargo

Bangladesh has taken a momentous decision to grant India the authorization to utilize its ports, Chattogram and Mongla Ports, for the transit and transshipment of cargo vessels. The National Board

Insights

May 1, 2023

OpenAI closes $300 million funding round at $27 billion-$29 billion valuation-thumnail

OpenAI closes $300 million funding round at $27 billion-$29 billion valuation

The ChatGPT chatbot’s developer, OpenAI, reportedly completed a $300 million share sale at a $27 billion to $29 billion value. Venture Capital companies including Tiger Global, Sequoia Capital, Andreessen Horowitz,

Investment & Funding

Apr 29, 2023


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