Tag: investment
Elevation Capital closes $500 million India fund; to back startups building on AI’s app layer
Paytm and Swiggy investor Elevation Capital has raised a $500 million fund to back early-stage startups, betting that the next generation of AI-led companies will…
Avendus set for final close of future leaders Fund-III at Rs 1,800 crore
Financial services firm Avendus Group is set to hit the final close of its third Future Leaders Fund (FLF) at around Rs 1,800 crore by…
Meta’s Cred deal showcases new playbook: take stake, hire the founder
Meta‘s $900 million investment in Cred and the appointment of the fintech’s founder Kunal Shah as WhatsApp‘s new global head are the latest in a…
Tech Tonic | Kunal Shah is the man Meta trusts with WhatsApp’s future
There are two clear headlines that have shaped up in the last few hours. First, tech giant Meta is investing $900 million (that’s around ₹8,550…
Cred founder Kunal Shah to be new boss of WhatsApp, Meta pumps $900 million to take stake in his company
Meta Platforms Inc is investing $900 million into Indian fintech startup Cred, and announced to appoint its founder, Kunal Shah, the new leader of WhatsApp….
Rs 33,660 crore industrial parks scheme to help get investments, create jobs: Piyush Goyal
New Delhi: The ₹33,660-crore Bharat Audyogik Vikas Yojna (BHAVYA) scheme will help attract investments, create jobs and provide modern social infrastructure in the 100 industrial…
PhysicsWallah to infuse Rs 120 crore in its fintech arm FinZ Finance
Edtech firm PhysicsWallah will invest Rs 120 crore in its wholly-owned fintech arm FinZ Finance, as it looks to scale up the subsidiary’s operations. The…
Digital banking platform Freo acquires credit marketplace IndiaLends
Bengaluru-based digital banking platform Freo has acquired the credit marketplace IndiaLends. The platform will operate as a different entity under Freo. The acquisition amount was…
Instant house-help startup Pronto bags $20 million as valuation doubles to $200 million
Pronto has raised $20 million (Rs 189 crore) from US-based technology investor Lachy Groom, known for his bets in crypto and software firms, doubling the…
Everstone leads $150 million infusion in SaaS firm Wingify
Private equity firm Everstone Capital has led a Rs 1,381-crore ($150 million) fund infusion into software company Wingify, which it acquired in early 2025. According…