Venture capital firm Andreessen Horowitz led the round that also saw participation from AI chip giant Nvidia, Accel, ServiceNow, Cisco, AMD and Jane Street, the startup said.
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Union Commerce and Industry Minister Piyush Goyal discussed ways to enhance access to funding, infrastructure support, regulatory facilitation, and global market linkages with the deeptech startups.
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Fitch Ratings reports that the RBI’s significant liquidity injections into the banking system since early 2025, including government securities purchases and a planned CRR cut, will ease funding conditions. This environment is expected to facilitate the transmission of 100 basis…
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Cement producers are poised to report substantial profit increases for the June quarter, driven by improved prices and volumes, particularly in East and South India. Despite early monsoon rains impacting volume growth, the industry witnessed the highest average cement prices…
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Citi is poised to dominate the IPO market, targeting significant deals and a larger market share. Investment banking head Rahul Saraf highlights robust M&A and equity activity driven by private equity exits, corporate carve-outs, and MNC reassessments. Despite potential short-term…
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The government will decide on increasing foreign investment in public sector banks after the Reserve Bank of India reviews voting rights. Current rules limit foreign investment to 20%. The RBI is reviewing shareholding limits for private banks too. India allows…
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