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01.AI, a Chinese AI Firm, Is Looking to Fund $200 Million, According to Sources-thumnail

01.AI, a Chinese AI Firm, Is Looking to Fund $200 Million, According to Sources

According to two persons familiar with the situation, Beijing-based AI firm 01.AI is collecting up to $200 million in new cash, expanding on a $1 billion valuation attained last month

Artificial Intelligence

Dec 14, 2023

Exponent Energy Has Raised $26 Million in a Series B Investment Headed by Eight Roads Ventures-thumnail

Exponent Energy Has Raised $26 Million in a Series B Investment Headed by Eight Roads Ventures

Eight Roads Ventures Leads a $26 Million Series B Financing for Exponent Energy. Exponent Energy, an electric vehicle charging infrastructure business, reported on December 14 that it had secured $26.4

Business

Dec 14, 2023

Corning Inc., an Apple Supplier, Would Invest ₹1,000 Crore at a Tamil Nadu Facility.-thumnail

Corning Inc., an Apple Supplier, Would Invest ₹1,000 Crore at a Tamil Nadu Facility.

For the new facility, the business will work with Optiemus Infracom, its Indian partner. Although no precise timetable has been agreed upon, the sources added that they project the building

Business

Dec 12, 2023

GQG, Founded by Rajiv Jain, Has Staked $10 Billion on India and Has More Winning Picks Than Adani-thumnail

GQG, Founded by Rajiv Jain, Has Staked $10 Billion on India and Has More Winning Picks Than Adani

 India’s investments across six of GQG’s funds increased in value to $9.9 billion from $4.4 billion a year earlier, as per data collated by Bloomberg from the most recent regulatory

Business

Dec 11, 2023

TikTok to Spend $1.5 Billion Acquiring Goto’s Indonesian Business-thumnail

TikTok to Spend $1.5 Billion Acquiring Goto’s Indonesian Business

The Chinese company ByteDance Ltd.’s TikTok has reached an agreement to spend $1.5 billion in a joint venture that it will manage with Indonesia’s GoTo Group. This move enables the

Business

Dec 11, 2023

Tata intends to invest Rs 40,000 crore in an Assamese chip facility.-thumnail

Tata intends to invest Rs 40,000 crore in an Assamese chip facility.

Tata put up a proposal for a Rs 40,000 crore chip processing facility in Assam. The chief minister of Assam affirmed the application and stated that the business requested final

Investment & Funding

Dec 9, 2023

Toshiba, Rohm to Invest $2.7 Billion to Jointly Produce Power Chips-thumnail

Toshiba, Rohm to Invest $2.7 Billion to Jointly Produce Power Chips

Toshiba and Rohm announced a 388.3 billion yen ($2.7 billion) investment to co-produce power chips on Friday, the first partnership since Rohm’s $14 billion takeover of Toshiba. The current collaboration

Business

Dec 8, 2023

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

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


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