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HCLTech's Sarvam Bet, Vetic Bags $40 Mn & More

India, June 19 -- Has Patient Capital Finally Arrived? Sovereign AI is back in the spotlight in India. As global giants tightens AI access and domestic companies look for strategic alternatives, Sarv... Read More


Meta Looking To Back CRED At $4 Bn Valuation: Report

India, June 19 -- Tech giant Meta is reportedly in discussions to invest in or acquire fintech unicorn CRED at a valuation of around $4 Bn, as it seeks to expand its footprint in India's digital payme... Read More


[Update] Turtlemint IPO: Issue Subscribed 45% On Day 1

India, June 19 -- Update | June 19, 17:42 IST The public issue of insurtech company Turtlemint ended day one with a subscription of 45%. As per BSE data, the IPO received bids for 1.48 Cr shares aga... Read More


How StockGro Aims To Simplify Trading Decisions With Its Custom AI Model 'Stoxo'

India, June 19 -- Artificial intelligence (AI) is rapidly rewriting the rules of wealth management, yet the immediate reality for everyday investors remains marred by bottlenecks. A study from the Se... Read More


[Update] Jio Files For DRHP For A Fresh Issue-Only IPO

India, June 19 -- Jio Platforms has filed its draft red herring prospectus (DRHP) with the SEBI today (June 19) for a fresh issue only IPO. The IPO comprises fresh issue of 27 Cr equity shares with a ... Read More


Delhivery Launches Mapping Platform For Logistics Businesses

India, June 19 -- Logistics giant Delhivery announced the launch of an AI-native suite of geospatial APIs, 'Delhivery Maps', for commercial logistics and navigation. In a press release, the company s... Read More


Jio Mulls Developing Sovereign LEO Satellite Constellation

India, June 19 -- IPO-bound telecom major Jio Platforms is evaluating the development of a sovereign low earth orbit satellite constellation for India. During RIL's 49th annual general meeting, Jio P... Read More


Jio IPO To Comprise A Fresh Issue Of 27 Cr Shares

India, June 19 -- At Reliance's 49th annual general meeting (AGM), chairman Mukesh Ambani announced that the board of Jio Platforms has approved its draft red herring prospectus (DRHP). The telecom gi... Read More


Turtlemint IPO: Issue Subscribed 32% On Day 1 So Far

India, June 19 -- Insurtech company Turtlemint's IPO got off to a steady start on the first day of bidding. As of 14:09 IST, investors placed bids for 1.04 Cr shares against a total offer size of 3.29... Read More


IFC Commits $371 Mn In Sify Arm To Build Two Data Centres

India, June 19 -- World Bank's private lending arm International Finance Corporation (IFC) has announced a commitment of $371 Mn (Rs.3,500 Cr) in Sify Technologies' subsidiary, Sify Infinit Spaces Ltd... Read More