Tag: investment

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KKR invests in Rebel Foods valuing the cloud kitchen brand at around $800 million

Private equity major KKR has acquired a stake in Mumbai-based Rebel Foods, the parent company of Faasos, Behrouz Biryani, and other cloud kitchen...

NuSummit plans expansion in Asia Pacific, Western Europe to fuel growth

Investcorp-backed NSEIT, renamed NuSummit, aims to expand its international business into the Asia Pacific and Western Europe, and will not hesitate from using...

anthropic: Anthropic receives additional $4 billion investment from Amazon

Artificial intelligence startup Anthropic said on Friday it has raised an additional $4 billion investment from longtime backer Amazon.com, underscoring Big Tech's growing...

GPU demand: Govt weighing dedicated grid, nuclear power for data centres

The government is exploring the feasibility of providing dedicated, uninterrupted power to large data centre parks either through direct lines from power producers...

Foxconn subsidiary Shunsin eyes $80 million Vietnam investment for integrated circuits

Taiwanese giant Foxconn's subsidiary Shunsin is seeking a permit to invest $80 million in northern Vietnam to produce integrated circuits, according to a...

Jabil: Apple supplier Jabil eyes two more India units with $275 million investment

Apple supplier Jabil is looking to invest an additional $250-$275 million (Rs 2,102-Rs 2,312 crore) in India to build at least two more...

Lendingkart: Temasek-owned Fullerton to take majority control in cash-strapped Lendingkart with Rs 252-crore commitment

MSME- focused digital lending platform Lendingkart has secured a commitment of Rs 252 crore from its existing investor Temasek-owned Fullerton Financial Holdings (FFH),...

Temasek: Temasek seeks CCI nod for investment in Rebel Foods

Singaporean sovereign fund Temasek is seeking the Competition Commission of India’s (CCI) approval for a significant investment in Rebel Foods, the parent company...

mutual funds: Local MFs hold stocks worth over $8 billion in new-age companies

Domestic mutual funds now hold stocks worth more than $8 billion, or almost Rs 69,000 crore, in a dozen new-age companies including Zomato,...

magicpin: Magicpin records 15x order growth on ONDC network in 15 months, crosses 1.5 lakh daily orders

Hyperlocal ecommerce firm magicpin on Tuesday said it has crossed the 1.5 lakh-mark for daily order of food and logistics services on the...

Oracle: Oracle to invest $6.5 billion to set up cloud facilities in Malaysia

Oracle plans to invest more than $6.5 billion to set up its first public cloud region in Malaysia, the company said on Wednesday,...