Category: Startups
Pine Labs IPO: In fintech, tomorrow will always be better than today, says CEO Amrish Rau at listing ceremony
Amrish Rau, CEO of Pine Labs, said fintech remains a fast-growing “sunrise industry” with strong long-term potential. Speaking during the company’s listing ceremony, he described…
Global payment majors PayPal and Mastercard gain big post Pine Labs IPO
Pine Labs’ private market journey had two very large payment companies grabbing a slice of its capitalisation table: American digital payments major PayPal and global…
Jewellery brand Palmonas in talks to raise Rs 200-250 crore from Xponentia: Sources
Shraddha Kapoor’s jewellery brand Palmonas is in discussions to raise Rs 200-250 crore from mid-market private equity firm Xponentia Capital, two people aware of the…
OpenAI backs startup aiming to block AI-enabled bio weapons
ChatGPT maker OpenAI on Thursday said it will invest in a startup focused on blocking bad actors from creating biological weapons powered by artificial intelligence….
Paris-based Mirova invests $30 million in Varaha’s regenerative agriculture project
Mirova, an affiliate of French asset manager Natixis Investment Managers that specialises in climate and sustainability investments, has invested $30 million in climate-tech startup Varaha…
Canada’s Clairvest Group writes off investment in Head Digital Works after real money gaming ban
Canadian investment firm Clairvest Group has written off its investment in online gaming company Head Digital Works (HDW), which operates the skill gaming platform A23…
Manipal Group submits an expression of interest to bid for bankrupt Byju’s parent
Ranjan Pai’s Manipal Education & Medical Group (MEMG) has submitted an expression of interest (EOI) to bid for Think & Learn, the bankrupt parent of…
Blackstone, SoftBank said in talks for stakes in India cloud startup Neysa
Blackstone and SoftBank Group are in early talks to buy stakes in Neysa Networks, an Indian cloud infrastructure startup, according to people familiar with the…
Mamaearth parent invests in Couch Commerce to boost oral care play
Honasa Consumer, the parent company of personal care brand Mamaearth, and The Derma Co., will acquire a 25% stake in Couch Commerce for Rs 10…
Synopsys to cut about 10% of its workforce
Synopsys will lay off about 10% or roughly 2,000 employees, as the chip-design software maker looks to redirect investment towards growth opportunities, according to a…