Paytm witnessed a series of large block deals worth nearly ₹964 crore on Friday as existing investors affiliated with Elevation Capital and legacy SAIF entities trimmed their holdings in the …
Adarsh Singh
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Business
Dalmia Bharat Acquires Jaypee Cement Assets For ₹2,850 Crore After Adani Takeover
by Adarsh Singhby Adarsh SinghDalmia Bharat on Friday announced the acquisition of key cement assets of debt-ridden Jaiprakash Associates for an enterprise value of ₹2,850 crore, strengthening its position in India’s highly competitive cement …
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BusinessLifestyle
Lumikai Backs AI-Powered Digital Fashion Startup Meta Fashion In $400K Pre-Seed Round
by Adarsh Singhby Adarsh SinghMeta Fashion has raised approximately $400,000 in a pre-seed funding round led by Lumikai as the startup looks to expand its virtual fashion ecosystem across gaming and user-generated content (UGC) …
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BusinessMarket
Anthropic Set To Raise Over $30 Billion At $900 Billion Valuation In Mega AI Funding Round
by Adarsh Singhby Adarsh SinghAnthropic is reportedly preparing to close one of the largest private funding rounds in technology history, with the company expected to raise more than $30 billion at a valuation exceeding …
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BusinessMarket
India’s Outward Remittances Slip 2% To $28.98 Billion In FY26: RBI Data
by Adarsh Singhby Adarsh SinghIndia’s outward remittances under the Reserve Bank of India Liberalised Remittance Scheme (LRS) declined nearly 2 per cent year-on-year (Y-o-Y) to $28.98 billion in financial year 2025-26 (FY26), reflecting softer …
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BusinessMarket
India’s Forex Reserves Drop By $8.09 Billion To $688.89 Billion, RBI Data Shows
by Adarsh Singhby Adarsh SinghReserve Bank of India said India’s foreign exchange reserves declined by $8.094 billion to $688.894 billion during the week ended May 15. The latest decline comes after the country’s forex …
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Snabbit has expanded into the beauty services segment with a new instant salon-at-home offering, marking the company’s entry into one of India’s fastest growing consumer convenience categories. The company said …
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Business
MS Dhoni, Hardik Pandya And Bumrah Back $11 Million Bet On AAA Gaming Startup LightFury
by Adarsh Singhby Adarsh SinghLightFury Games has raised $11 million in a pre-Series A funding round as the company looks to build one of India’s biggest AAA cricket gaming franchises. The funding round saw …
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Business
LTM Offers €160 Million Euro Deal To Acquire Randstad’s Europe, Australia Tech Businesses
by Adarsh Singhby Adarsh SinghLTM has offered to acquire the technology and consulting services businesses of Randstad in Europe and Australia for approximately €160 million in cash, as the company looks to strengthen its …
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Reserve Bank of India (RBI) has proposed a significantly stricter framework to regulate loan recovery practices and curb coercive methods used by recovery agents and lenders. The central bank on …
