Tag: investment
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…
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…
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…
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…
Nvidia pauses ambitious 100-billion-dollar investment in OpenAI amid ‘internal concerns’: Report| Business News
Nvidia’s proposal to invest as much as 100 billion dollars in OpenAI has been put on hold after concerns were raised internally at the chipmaker…
Procurement-tech firm 1Buy.ai raises Rs 32 crore led by 100 Unicorns
Procurement technology startup 1Buy.ai , founded by Visham Sikand of Goals101 fame and Nitin Jain, cofounder of OfBusiness, has raised Rs 32.5 crore in its…
Shadowfax raises Rs 850 crore from anchor investors ahead of IPO
New-age logistics firm Shadowfax Technologies has raised around Rs 850 crore from anchor investors ahead of its initial public offering (IPO), which opens for subscription…
Asset management firm State Street invests $65 million in Groww AMC
Global asset manager State Street Investment Management has invested $65 million (about Rs 580 crore) in Groww Asset Management Company (AMC). State Street may end…