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,

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

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

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

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

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

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

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

In order to generate up to $500 million through a worldwide bond issue—the timing of which has not yet been determined—the State Bank of India has reportedly reached out to

Mortgage lender Hinduja Housing Finance Ltd. (HHFL), with an asset book of roughly Rs. 6,800 crores, plans to use a median offering to raise about Rs. 300 crores in subordinate

Indian fund managers have continued to reduce their holdings in Adani Group stocks, suggesting that concerns about governance within the conglomerate remain despite a rebound in its market value. As

The Economic Times reported that Apollo Global Management and Abu Dhabi Fund 10X AD are in discussions to invest in Byju’s parent company, Aakash. Byju’s CEO, Byju Raveendran, is reportedly