Omnichannel payment solutions provider Phi Commerce secured Rs 38.54 crore ($4 million) in an ongoing Series B round, valuing the company at Rs 1,500 crore, with consistent backing from existing investors, including BEENEXT Ventures and DG Strategic Investment.
Fintech unicorn Navi raises $100 million from Prosus in its first institutional funding round, signaling a strategic move ahead of its anticipated initial public offering.
Geospatial technology startup NeoGeo secures $20 million in Series A funding led by Neev II Fund and Aavishkaar Capital, targeting R&D, product expansion, and international markets in the Middle East and Americas.
Razorpay, an IPO-bound fintech unicorn, has launched Vulcan, an AI foundation model for payments, developed with NVIDIA and AWS to boost success rates and fraud detection.
Bluehill.VC, a Chennai-based VC firm, announced the final close of its Rs 400 crore maiden frontier-tech fund, securing investments from SIDBI, the governments of Kerala and Uttar Pradesh, and various private entities for deep-tech ventures.
Nvidia has partnered with Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR to create AI compute financing platforms, aiming to mobilize over $500 billion in third-party capital for global AI infrastructure development.
Elon Musk's net worth surged with SpaceX's IPO. Learn about SpaceX's new commercial satellite launch deal with VinSpace and X's shift to 'Original Content Rewards' for creators.