Deals
The startup raised $234 million in the first close of its $300-million Series B round in June.
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NVIDIA to lead $74m Series B extension round in India's Sarvam AI: Report
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India Digest: Sedna backs Kaapi Machines; Quest Global invests in Lavni's Fund II
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India: Carpediem, Sanshi Fund to lead $16m investment in IIRM Holdings
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ID Digest: Mazda opens assembly plant; Pluang launches AI-assisted trading feature
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CXMT plans second chip plant in Beijing, in talks for funding
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The partnership will boost Kaapi Machines’ product range and operational capabilities.
Private Equity
The fundraising will be executed via a combination of equity shares and fully convertible warrants.
The launch comes as global brokerages experiment with generative AI to support retail investing.
It pursues a major expansion following its $8.6 billion IPO last month.
Greater China
Europe has emerged as a key growth market for China’s autonomous driving companies.
Singapore
The bank claims that this is the largest international syndicated social loan ever raised by a Vietnamese firm.
Qwen3.8-Max has 2.4 trillion parameters.
The bonds would give Chery a stake of about 10% in the company.
Malaysia
Maybank will fund the buyout through internal and external funding sources.