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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

The Malaysian company Khazanah invests $40 million in Xpressbees-thumnail

The Malaysian company Khazanah invests $40 million in Xpressbees

Khazanah Nasional, the national wealth fund of Malaysia, purchased a 3% interest in the logistics company Xpressbees, which specializes in e-commerce, for $40 million through a secondary share sale, according

Investment & Funding

Apr 28, 2023

Adani Group aims to raise about $800 mn for financing green energy projects-thumnail

Adani Group aims to raise about $800 mn for financing green energy projects

Adani Group, a ports-to-power conglomerate led by billionaire Gautam Adani, is reportedly in talks with global banks to raise funds for its green energy projects. According to sources familiar with

Business

Apr 27, 2023

A 24-year-old CA starts a fund worth Rs 100 billion for startups and SMEs-thumnail

A 24-year-old CA starts a fund worth Rs 100 billion for startups and SMEs

Chanakya Opportunities Fund I, a Sebi-registered Category II Alternative Investment Fund, will invest in successful SME firms with growth potential in unorganized industries; start-ups in manufacturing, consumer goods, and technology

Investment & Funding

Apr 26, 2023

Volvo Cars Tech Fund invests in Israeli deep-tech AI-startup CorrActions-thumnail

Volvo Cars Tech Fund invests in Israeli deep-tech AI-startup CorrActions

Volvo Cars Tech Fund has announced its investment in an Israeli startup, CorrActions, which has developed AI-powered software capable of detecting cognitive abnormalities in drivers and passengers. The technology uses

Investment & Funding

Apr 25, 2023

Lokal raises $14.6 million in funding from Global Brain, SIF, and others-thumnail

Lokal raises $14.6 million in funding from Global Brain, SIF, and others

The firm, which has its headquarters in Bengaluru, plans to use the additional funding to grow in its current markets, introduce new product categories and features, and further fortify its

Business

Apr 25, 2023

The Serum Institute will invest $300 million in Biocon’s unit-thumnail

The Serum Institute will invest $300 million in Biocon’s unit

A division of the Serum Institute of India, the largest manufacturer of vaccines worldwide, is the Serum Institute of Life Sciences. According to the revised partnership agreement, it would contribute

Investment & Funding

Apr 25, 2023

Higgz Academia Technology seeks $100 million+ in funding-thumnail

Higgz Academia Technology seeks $100 million+ in funding

Startups from Beijing to Boston are incorporating generative AI and big language models into their services, and ChatGPT is driving a wave of funding into these fields. Prospective investors have

Investment & Funding

Apr 21, 2023


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