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Posted in Economy

Blackstone COO flags tech disruption, geopolitical conflicts as global risks; says India’s investment climate improving

New Delhi: Technology-driven disruption, escalating geopolitical conflicts and mounting government debt are emerging as major risks to the global economy, while improvements in India’s infrastructure…

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CCI okays Blackstone, other investors' proposal to acquire stake in AI firm Neysa Networks
Posted in Startups

CCI okays Blackstone, other investors’ proposal to acquire stake in AI firm Neysa Networks

Fair trade regulator CCI on Wednesday approved a proposal of Blackstone-backed PE funds and other investors to acquire a stake in AI acceleration cloud provider…

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Skyroot Aerospace, KreditBee among latest startups to enter unicorn club
Posted in Startups

Skyroot Aerospace, KreditBee among latest startups to enter unicorn club

India’s startup ecosystem has expanded rapidly, with nearly 2.3 lakh startups now recognised by the Department for Promotion of Industry and Internal Trade (DPIIT). As…

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Blackstone leads $600 million raise in AI cloud Neysa at $1.4 billion enterprise value
Posted in Startups

Blackstone leads $600 million raise in AI cloud Neysa at $1.4 billion enterprise value

US alternative asset manager Blackstone is leading a $1.2 billion (about Rs 10,867 crore) investment in cloud infrastructure startup Neysa in what would be the…

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VC Lightspeed joins race for stake in cloud infra startup Neysa
Posted in Startups

VC Lightspeed joins race for stake in cloud infra startup Neysa

Venture capital firm Lightspeed has entered the fray to pick up a stake in cloud infrastructure startup Neysa, joining Japanese investor SoftBank and private equity…

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Blackstone, SoftBank said in talks for stakes in India cloud startup Neysa
Posted in Startups

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…

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