Tag: investment

Kunal Shah. (Official image)
Posted in Business

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…

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“Kunal built Cred into one of India’s most important technology companies, and he brings the kind of builder mentality and global perspective that will serve him well in running the world’s biggest massaging app,” Meta CEO Mark Zuckerberg wrote in a post. (Photo: Instagram/@kunalb11)
Posted in Business

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….

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ET logo
Posted in Economy

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…

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PhysicsWallah to infuse Rs 120 crore in its fintech arm FinZ Finance
Posted in Startups

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…

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Digital banking platform Freo acquires credit marketplace IndiaLends
Posted in Startups

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…

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Image for Screenshot2026-05-07002049
Posted in Startups

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…

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Everstone leads $150 million infusion in SaaS firm Wingify
Posted in Startups

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…

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Database startup Supabase seeks to double valuation to $10 billion: Report
Posted in Startups

Database startup Supabase seeks to double valuation to $10 billion: Report

Singapore sovereign wealth fund GIC is in talks to lead an investment in open-source database startup Supabase at a valuation of about $10 billion, The…

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Circulate Capital raises $220 million in first close of its Fund II
Posted in Startups

Circulate Capital raises $220 million in first close of its Fund II

Circulate Capital, a Singapore-headquartered investment firm focused on the circular economy, has raised $220 million in the first close of its second fund, crossing more…

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Helen Bovington in her Manhattan apartment.
Posted in Business

Gen Z, locked out of home buying, puts its money in the market| Business News

A generation of young people locked out of homeownership has found another way to build wealth: putting money into the stock market. Helen Bovington in…

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