{
}
Huawei is working on innovative solutions to overcome its lag in chip technology, striving to bridge the generational gap. Meanwhile, Liquidity has launched its London headquarters, committing £1.5 billion to UK innovation through AI-driven credit processing and predictive analytics.
Starlink is set to introduce monthly plans in India priced at ₹3,000. In response to the expanding satellite communication sector, the Indian government has approved a ₹900 crore monitoring center. Additionally, competitors like Amazon-backed Project Kuiper and Globalstar are seeking permissions to enter the market.
GIC has led a $72 million funding round for the Indian fintech unicorn Cred. This investment highlights the growing interest in India's fintech sector and Cred's potential for expansion in the market.
Power and Instrumentation (Gujarat) reported a remarkable growth in standalone revenues for FY25, increasing by 73 percent. Additionally, net profit surged by 100 percent, highlighting the company's strong financial performance in the fiscal year.
Bengaluru-based fintech unicorn Cred has secured ₹617 crore (US$72 million) in a funding round led by Singapore’s GIC, which invested ₹354.4 crore (US$41 million). Despite a valuation drop from US$6.4 billion in 2022 to about US$3.5 billion, Cred reported a 66% revenue growth to ₹2,473 crore in FY24, reflecting a broader fintech recalibration. The company has expanded its offerings beyond credit card payments to include lending, e-commerce, and wealth management, targeting affluent consumers in India.
Meesho has transitioned into a public entity as it prepares for its upcoming IPO. This significant move marks a pivotal moment for the company as it seeks to expand its market presence and attract new investors. The shift underscores Meesho's growth trajectory in the competitive e-commerce landscape.
OYO has initiated a global naming contest for its parent company as it prepares for its upcoming IPO. This move aims to engage the public in selecting a name that reflects the company's vision and values, enhancing its brand identity ahead of the market debut.
Bengaluru-based e-mobility startup Kazam has secured $6 million in its Series B funding round, led by Vertex Ventures with participation from Avaana Capital and Chakra Growth Capital. The funds will support growth and expansion, as Kazam continues to provide charging solutions to major clients like BigBasket and Flipkart. This funding comes amid a shift in mobility investments towards greater selectivity, highlighting the importance of proven business models in securing capital.
Nexus Venture Partners has invested $15 million in Rapido, valuing the urban mobility platform at $1.1 billion. The company plans to launch a food delivery service with competitive commission rates of 8-15%, lower than rivals Zomato and Swiggy, while also expanding into four-wheeler ride-hailing and exploring insurance distribution. Despite narrowing losses, Rapido's cash burn has increased as it pursues aggressive growth strategies across multiple verticals.
Zee has made a strategic investment in Bullet, marking its entry into the burgeoning microdrama universe. This move reflects Zee's commitment to expanding its content offerings and tapping into new audience segments in the evolving entertainment landscape.
IND
Country
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Huawei Innovates in Chip Tech as Liquidity Invests in AI for UK
08:27 10.06.2025
Starlink to introduce monthly plans in India amid growing satcom investments
08:25 10.06.2025
GIC invests 72 million dollars in Indian fintech unicorn Cred
08:12 10.06.2025
Power and Instrumentation Gujarat reports significant revenue and profit growth in FY25
08:07 10.06.2025
cred secures 72 million funding led by gic amid valuation drop
07:51 10.06.2025
Meesho transitions to public entity ahead of initial public offering
07:45 10.06.2025
OYO initiates global contest for new parent company name before IPO
07:30 10.06.2025
Kazam secures 6 million in series B funding for e-mobility expansion
05:50 10.06.2025
rapido secures 15 million investment to launch food delivery service
05:00 10.06.2025
Zee Ventures into Microdrama Sector with New Investment in Bullet
20:16 09.06.2025
Trending
Subcategory
AI Innovations
Corporate News
Stock Market Updates
Industry Trends
Market Analysis and Predictions
Startups & Entrepreneurship
Banking Regulations
Emerging Startups
Cybersecurity Innovations & Tech
Funding Rounds & Investments
Product Launches
Economic Indicators
Fintech Startups
Private Equity Deals
Software Development Trends
Venture Capital Investments
Retail and Consumer Goods
Industry Mergers & Acquisitions
AI Applications
Finance Mergers & Acquisitions
Countries:
Companies:
Huawei Technologies CO. Ltd.
UBS Group AG
NVIDIA Corporation
Nvidia Corporation
Apple Inc.
Google Inc.
Microsoft Corporation Corp.
Berner Kantonalbank AG
Deutsche Bank AG
Crane Company
Deyaar Development PJSC
Maverick Ventures (Israel) 1.5 GP Ltd.
SuperSeed B.V.
DeepSeek R1 USD
Tencent Holdings Limited
XPeng Inc.
Toyota Motor Corporation
Alphabet Inc.
Xiaomi Corporation
NEO-NEON
Currencies:
United States Dollar
Euro
Chinese Yuan
Swiss Franc
Indian Rupee
British Pound Sterling
Japanese Yen
South African Rand
Filipino Peso
Norwegian Krone
Offshore Chinese Yuan
People: