Tag: investment

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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,...

SoftBank: SoftBank to invest $500 million in OpenAI: report

Japanese telecom company SoftBank's Vision Fund will invest $500 million in OpenAI's latest funding round, The Information reported on Monday, citing a person...

OpenAI: OpenAI sees $11.6 billion revenue next year, offers Thrive chance to invest again in 2025

Thrive Capital is investing more than $1 billion of OpenAI's current $6.5 billion fundraising round, and it has a sweetener no other investors...