Fundings

Anthropic taps IPO lawyers as it races towards listing ahead of OpenAI

Anthropic has held early, informal talks with major investment banks about a potential public listing, though it has not selected any banks yet

Gaining traction: AIF commitments jump to ₹13.5 trillion in 2025

India's march toward a $6.6-trillion economy is being powered by booming AIF activity, with commitments touching ₹13.49 lakh crore and domestic investors emerging as major contributors

Indian govt, ADB sign $800 mn loan pacts for key projects in three states

The government of India and the Asian Development Bank (ADB) has signed agreements for three loans worth over USD 800 million for projects in Maharashtra, Madhya Pradesh and Gujarat. Accordingly, the loan agreements for the Maharashtra Power Distribution Enhancement Programme for Agricultural Solarization (USD 500 million), Indore Metro Rail Project (27,147,200,000 yen, equivalent to USD 190.6 million), and Gujarat Skills Development Programme (USD 109.97 million) were signed, a finance ministry statement said on Saturday. In addition, a Technical Assistance (TA) grant of USD 1 million was also signed to provide implementation support for the upcoming Sustainable Wetland and Integrated Fisheries Transformation (SWIFT) Project in Assam, designed to enhance the state's wetland ecosystems and fisheries. The Maharashtra project aims to modernise rural power infrastructure, promote distributed renewable energy generation, and improve agricultural productivity by providing farmers with ..

Mahanagar Gas backs EV push, leads ₹120 crore funding round for 3ev

Investment marks the gas distributor's first major bet on electric mobility as 3ev expands manufacturing and charging services

Wealthy secures ₹130 cr in funding led by Bertelsmann India Investments

The Series B round led by Bertelsmann India Investments will help expand Wealthy's AI platform and support MFDs who still rely heavily on manual processes

Oyo Assets raises ₹125 crore in fresh funding round led by InCred

OYO parent PRISM-backed OYO Assets has raised Rs 125 crore in a fresh funding round from a clutch of institutional and private investors led by InCred, according to sources. OYO Assets, also known as Sunday PropTech, is focused on acquiring and developing hotels in India across premium and mid-premium segments. The equity infusion will enable OYO Assets (Sunday PropTech) to expand its presence in key leisure and business destinations and enhance its asset management capabilities. The funding amount in the latest round stands at Rs 125 crore, people aware of the development said. "The early performance of the portfolio demonstrates resilience, consistent cash flows, and clear unit-level profitability in a sector that is increasingly attracting organised capital. Sunday PropTech stands out for its coherent strategy and its ability to execute with precision. This capital raise strengthens the platform's ability to acquire high-quality assets at scale while maintaining robust financial

Stylework raises ₹30 crore in pre-Series B round to scale operations

Workspace aggregator Stylework has secured Rs 30 crore in pre-Series B funding to boost its tech platform, expand across markets and strengthen leadership hiring amid rapid growth in India's flexible

Luma AI secures $900 mn to accelerate multimodal AGI frontier push

This Series C is a milestone in the company's mission to build multimodal general intelligence: AI that can generate, understand and operate in the physical world

Tetr College secures $18 mn to widen campuses, launch new programmes

Tetr has witnessed strong growth in its second year, with applications rising by more than 50 per cent. Buoyed by the global response, the college increased intake to 200 students from 50 countries

Niveshaay leads ₹325 crore funding in Waaree Energy Storage Systems

Investment firm Niveshaay on Tuesday said it has led a Rs 325 crore funding round in Waaree Energy Storage Systems to expand the Waaree Group's battery arm. The fund will be used to enhance cell and pack manufacturing capacity, strengthen engineering and validation capabilities, and scale containerised Battery Energy Storage Systems (BESS) across India and select global markets. Niveshaay said it has cumulatively invested Rs 128 crore in the round through its Category II Niveshaay Sambhav Fund, Category III Niveshaay Hedgehogs Fund, and the newly launched one of India's first dedicated Collective Investment Vehicles (CIVs,) Niveshaay WESS Fund. Other co-investors in the round include Vivek Jain (Managing Director, Action Tesa and GrowthSphere) and Saket Agarwal (former Director, Apollo Pipes Ltd and Apollo Tricoat), among others, Niveshaay, the SEBI-registered investment advisory and boutique asset management firm said. "Battery storage will play a key role in India's clean energ

Lighthouse Canton secures $40 million from Peak XV to fuel global expansion

The investment firm's first external raise will fund technology upgrades, senior hires, and market growth across Asia, the Middle East, and Europe

Private equity firm ChrysCapital closes record $2.2 billion fundraise

New fund marks first local investor participation

Affirma Capital leads $56 mn investment in RMSI to tap AI, mapping growth

The firm's Agastya Capital fund partners with 360 ONE Asset to back the engineering services company's expansion plans

Snabbit raises $30 mn Series C to expand into child, elder and cooking care

The Bertelsmann-led funding marks Snabbit's third raise in nine months, helping the women-led quick services startup expand into new home care categories

IntrCity SmartBus secures ₹250 crore as India's intercity travel booms

Asset-light aggregator plans to double fleet and reach Rs 1,000 crore revenue as sector grows 10-13% annually

Signature Global raises ₹875 cr from IFC to fund new housing projects

Realty firm Signature Global Ltd on Tuesday said it has raised Rs 875 crore from World Bank's lending arm IFC through issuance of non-convertible debentures (NCDs) and the amount will be used to develop housing projects and retire high-cost debt. Gurugram-based Signature Global, one of the leading real estate developers in the country, also exuded confidence of achieving the sales bookings target of Rs 12,500 crore for this fiscal, on the back of launch pipeline of homes worth Rs 14,000 crore during the next five months. The company sold properties worth Rs 10,290 crore last fiscal to become the fifth largest listed realty firm in terms of sales bookings. "We have raised Rs 875 crore from private placement of NCDs with International Finance Corporation (IFC)," Signature Global Chairman Pradeep Kumar Aggarwal told reporters here. After the successful Initial Public Offering and listing of the shares on bourses, he said the company has achieved another major milestone by raising fund

Indian tech sector records deals worth $1.48 billion in Q3: Report

India's technology sector recorded deals worth USD 1.48 billion in the third quarter of 2025, marking a strategic reset move from volume-led activity to value-driven investments, with improved investor interest in AI, SaaS and enterprise automation, according to a report by Grant Thornton Bharat. The number and value of deals exceeding USD 50 million rose sharply, with high-value transactions quadrupling in volume and increasing more than fivefold in value compared to the previous quarter. "Q3 2025 marked a strategic reset in India's tech deal landscape, with 80 deals recorded, up 33 per cent quarter-on-quarter, signalling a move from volume-led activity to value-driven, theme-focused investments. Overall disclosed deal values were USD 1.48 billion, with high-value deals over USD 50 million quadrupling in number and increasing more than five-fold in value compared to Q2. "The quarter highlighted strong investor and acquirer interest in AI, SaaS and enterprise automation, reflecting

RBI proposes to allow banks to fund domestic, overseas acquisitions

Draft rules propose bank financing for domestic and overseas M&A, PSU divestments, and IPO subscriptions; framework to take effect from April 1, 2026

AI firm Uniphore secures $260 mn from Nvidia, AMD, Snowflake and Databricks

Uniphore values at $2.5 billion as it boosts its Business AI Cloud platform and ecosystem for enterprise-scale adoption

Trump calls Colombia's Petro an 'illegal drug dealer', ends US aid

President Donald Trump said Sunday he would slash US funding to Colombia because the country's leader does nothing to stop drug production, in what is the latest sign of friction between Washington and one of its closest allies in Latin America. In a social media post, Trump referred to Colombian President Gustavo Petro as an illegal drug dealer who is low rated and very unpopular. He warned that Petro better close up drug operations or the United States will close them up for him, and it won't be done nicely. Trump, while at his Mar-a-Lago resort in Florida, wrote on his Truth Social platform that Petro is strongly encouraging the massive production of drugs, in big and small fields across Colombia, which the Republican president spelled as Columbia. Petro does nothing to stop it, despite large scale payments and subsidies from the USA that are nothing more than a long term rip off of America, Trump said. AS OF TODAY, THESE PAYMENTS, OR ANY OTHER FORM OF PAYMENT, OR SUBSIDIES, WIL