Deals
The funding comes as the startup looks to acquire a majority stake in Bizloan.
1
India: Lending platform Vegafin raises $106m from Premji Invest, Norwest, Lok Capital
2
India's JSW Paints eyes 4, 5-year debt to refinance acquisition-led funding
3
India's markets regulator proposes easing approval rules for some exchange investments
4
SK Hynix says Solidigm drops plan for US IPO amid market volatility
5
KFC India operator Sapphire posts smaller loss as meal deals drive demand
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SE Asia’s AI applications capture 80% of $3.2b private funding in H1 26
The company could look to raise around 30 billion rupees ($316.56 million).
Policy & Regulations
The plan would also waive prior approval for subsidiaries’ internally funded investments.
IPOs & Markets
It cited market volatility and a broader semiconductor stock correction.
Earnings and Results
Consolidated net loss narrowed to 15 million rupees ($158,169) for the second quarter.
World
About 7% of Blackstone’s $1.4 trillion AUM is exposed to AI infra across debt and equity.
Greater China
Existing shareholders CATL and Tencent were among the biggest investors in the round.
India
The company’s food delivery business reported a record adjusted core profit.
Blackstone’s net realisations fell 34% to about $332 million.
The SoftBank-backed company is now seeking to raise $355m through a fresh issue of shares.
