The action signals a harder regulatory line on compliance gaps in India’s fintech sector The Reserve Bank of India cancelled the Paytm Payments Bank licence, directing the entity to wind down deposit-taking and other banking operations with immediate effect. Customers were given a deadline to withdraw funds, and all new credit transactions were barred from […]
RBI Cancels Paytm Payments Bank Licence Read More »
The market regulator has cleared the path for PhonePe to launch a 12,000 crore rupee public issue The Securities and Exchange Board of India has granted formal approval to PhonePe for its highly anticipated initial public offering. The Walmart-backed digital payments giant is now set to file its updated draft papers, aiming for a listing
PhonePe Secures SEBI Nod for Landmark Fintech IPO Read More »
Elon Musk has issued a sharp public warning to OpenAI CEO Sam Altman as their legal battle moves toward a landmark jury trial The long-standing friction between Elon Musk and Sam Altman has reached a fever pitch following a federal judge’s decision to move their legal dispute to a jury trial. Musk issued a public
The High-Stakes Trial of the Century Begins for OpenAI Read More »
OpenAI’s purchase of Torch signals a shift toward AI that handles real health data with depth and privacy OpenAI has acquired healthcare startup Torch for roughly $100 million in equity value. The deal folds Torch’s technology and team into OpenAI’s work on ChatGPT Health, its specialised suite for personal medical insights. Torch makes software that
OpenAI Acquires Torch in $100M Deal to Empower ChatGPT Health Read More »
Logistics startup Shadowfax moves to launch its IPO at a lower valuation than earlier anticipated Shadowfax, a Bengaluru-based third-party logistics startup, is planning to launch an IPO worth ₹1,900 crore later this month. The company’s board has cleared the offer, and regulatory filings signal that the issue could open as early as next week. The
Shadowfax Plans ₹1.9k Crore IPO This Month, Signalling Startup Funding Reset Read More »
Razorpay has begun IPO preparations for a ₹4,500 crore fresh issue, marking a turning point for India’s fintech funding model Razorpay has formally kicked off Razorpay IPO preparations, targeting a fresh issue of about ₹4,500 crore. The company has begun appointing bankers and legal advisers as it prepares for a public market listing. This matters
Razorpay’s IPO Push Signals a Reset in India’s Fintech Capital Cycle Read More »
The deal signals a shift from model-building to system-level AI capability, reshaping how Big Tech scales intelligence Meta acquires Manus, adding the company’s capabilities to its expanding artificial intelligence stack. While financial terms and integration details remain undisclosed, Meta has confirmed the acquisition. The announcement lands amid an intense phase of AI platform competition. At
Meta acquires Manus as AI competition enters a consolidation phase Read More »
The reported $1 billion acquisition talks underline how observability is becoming central to cloud data strategy Snowflake is reported to be in talks to acquire Observe Inc for around $1 billion. The discussions, while not yet final, place observability squarely at the centre of the modern data platform conversation. This matters now because enterprise data
Snowflake’s Talks to Buy Observe Inc Signal a Shift in How Data Platforms Compete Read More »
Shareholders approve a $742 million IPO plan for Oyo parent Prism, resetting timelines and signalling renewed market confidence Oyo parent Prism has received shareholder approval to raise $742 million through an initial public offering. With this vote, the company has cleared a mandatory corporate hurdle to proceed with its long-delayed listing plans. More importantly, the
Oyo parent Prism clears shareholder vote to raise $742 million, reviving IPO push Read More »
The chip giant secures key talent and licensing rights from the AI startup, effectively absorbing a major rival while sidestepping antitrust regulators Nvidia has reportedly agreed to pay approximately $20 billion to license technology and hire key executives from AI chip startup Groq. This massive transaction, described as a non-exclusive licensing agreement rather than a traditional
Nvidia Pays $20 Billion for Groq’s Tech in Strategic “Non-Acquisition” Read More »
