Technology

TMT

10 July, 2023

AI4Bharat researchers to raise $12 mn from Peak XV, Lightspeed for own firm

Researchers at India's AI4Bharat are raising $12 million from venture capital firms Peak XV and Lightspeed Venture for an artificial ......

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TMT

07 July, 2023

WazirX co-founder's Shardeum raises more funds ahead of launch

Nine months after raising seed funding of $18.2 million from over 50 investors, WazirX co-founder Nischal Shetty’s layer 1 blockchain ......

TMT

03 July, 2023

A91 Partners strikes maiden IT services investment

Growth-stage investor A91 Partners, floated by former Sequoia Capital executives VT Bharadwaj, Gautam Mago and Abhay Pandey, has struck its ......

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23 June, 2023

Adani JV raises $213 mn for data centres

India's Adani Enterprises said on Friday that a joint venture with private data center operator EdgeConneX has raised $213 million ......

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TMT

21 June, 2023

How VC backers of drone maker ideaForge will mint money in its IPO

Multiple venture capital firms are set to harvest multibagger returns from ideaForge, the country’s largest drone maker, launching its initial ......

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12 June, 2023

Salesforce doubles VC fund for generative AI startups

Salesforce on Monday doubled its venture capital fund for generative AI startups to $500 million and unveiled the AI Cloud ......

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23 May, 2023

Blackstone bullish on India's data consumption trend

Blackstone is in talks with companies including Microsoft and Amazon to build Indian data centres for them to meet growing ......

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TMT

17 May, 2023

WestBridge bets around $250 mn on another IT firm

WestBridge Capital, which appears to be retuning its investment strategy with bigger and bolder bets against its historical stance of ......

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Consumer

12 May, 2023

Valuation paramount to our thesis: Early-stage VC EV2

Mobility-focused venture capital (VC) firm EV2, which invests in early-stage EV startups in India, is nearing the final close of ......

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TMT

11 May, 2023

Blackstone virtually gives up on take-private offer for Indian IT firm

Private equity firm Blackstone, which has in the past tasted success from its bet on the Indian IT sector with ......