Deals
Investors in Sindhuja Microcredit include Abler Nordic, GAWA Capital, and Oikocredit.
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India Digest: Sindhuja Microcredit, Flo Mobility raise funding
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OpenAI creates new company with $4b initial investment for corporate AI push
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SoftBank's Son considers up to $100b investment in France: report
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ID Digest: IDN buys M Bloc; Danamon explores integrating ops with MUFG's local unit
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India: Wingreens buys Safe Harvest, closes $12.6m funding round
More Stories
eFishery scandal exposes weak spots in Indonesia’s startup funding model
Vietnamese financial services firm SoBanHang raises fresh funding
NIIF in talks to back Indian early-stage VC Arkam Ventures’ second fund
APAC shows uneven AI, private credit activity: Adams Street
Quadria-backed HealthQuad invests in patient monitoring platform LifeSigns
OpenAI will also acquire an AI consulting firm Tomoro.
Analysis
Plan includes a multibillion-dollar project to build AI infra in the European nation.
The acquisition marks IDN’s expansion into physical creative and community spaces.
The Series D was led by Ashish Kacholia with participation from Alchemy Fund.
India
Bobakat aims to open 35 new stores in FY26–27.
Greater China
A value of $2 billion would imply a multiple of nearly 30 times core earnings.
World
The transaction price represents a roughly 22% premium to Delivery Hero’s 30-day VWAP as of May 8.
It counts Meta, Google and Vista Equity Partners among its investors.
Investor concerns centred on Swiggy losing market share to Blinkit.
