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

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

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

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

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

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