How Did Scapia’s Latest Funding Round Reshape Its Cap Table? Travel fintech startup Scapia has secured $63 million (around Rs 598 crore) in its Series C funding round, pushing its …
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BusinessMarket
FirstCry Revenue Grows 12% In Q4 FY26 As Losses Narrow 57%
by Adarsh Singhby Adarsh SinghWhat Led To Brainbees Solutions’ Better Financial Performance? Brainbees Solutions, the parent company of kids-focused omnichannel retailer FirstCry, reported a 12% year-on-year increase in revenue during the quarter ended March …
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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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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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EducationMarket
Mumbai University Alumni Control $232 Billion In Wealth
by Adarsh Singhby Adarsh SinghUniversity of Mumbai has emerged as one of the world’s leading billionaire-producing universities, underlining how India’s traditional conglomerate driven business ecosystem continues to generate enormous wealth despite the growing dominance …
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BusinessMarket
Shastra VC Launches $100 Million Deeptech And AI Fund
by Adarsh Singhby Adarsh SinghShastra VC Expands Deeptech Investment Focus Shastra VC has launched a new $100 million fund aimed at backing early stage startups across deeptech, artificial intelligence, spacetech, climate technology, defence and …
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BusinessMarket
Adani Power To Acquire JPVL Stake, Thermal Assets For ₹4,194 Crore
by Adarsh Singhby Adarsh SinghAdani Power Expands Thermal Portfolio Through Major Acquisition Adani Power has announced the acquisition of a 24% stake in Jaiprakash Power Ventures (JPVL) along with key thermal power assets from …
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BusinessMarket
JSW Motors Secures ₹8,000 Crore SBI Funding For EV Push
by Adarsh Singhby Adarsh SinghSBI Funding Boosts JSW’s EV Manufacturing Ambitions JSW Motors, backed by billionaire industrialist Sajjan Jindal, has secured an approximately ₹8,000 crore funding line from State Bank of India to support …
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BusinessMarket
Indian Households Invest Record ₹6.91 Lakh Crore In Markets As Mutual Funds Boom
by Adarsh Singhby Adarsh SinghIndian Households Shift Rapidly Toward Financial Assets Indian households invested a record ₹6.91 lakh crore into securities markets during FY25, highlighting a major shift in the country’s savings behaviour as …
