OpenAI Nears Doubling Valuation to $157 Billion in Latest Funding Round OpenAI has successfully secured $6.6 billion in new funding, a milestone following a complex and strategic fundraising process. This round engaged multiple tech giants, overseas investors, and addressed internal company dynamics. Key Highlights of the Funding Round Valuation Surge: OpenAI is now valued at $157 billion, placing it on par with leading publicly traded companies such as Goldman Sachs, Uber, and AT&T. Previous Valuation: […]

Singapore’s Dragon Fund Aims for Significant Investment in India Strategic Expansion into India Bengaluru: Dragon Fund, recognized for its support to notable Indian startups like Meesho and Zepto, is set to significantly escalate its investments within India. By the conclusion of this year, over half of its $500 million global fund, raised in 2023, is anticipated to be allocated to India. Ridhi Chaudhary, Chief Investment Officer of Dragon Fund, confidently shared this strategic vision with […]

Gharda Chemicals Launches KHG Innovation Foundation to Support Entrepreneurs Introduction Gharda Chemicals, a prominent Mumbai-based firm specializing in pesticides, veterinary drugs, and polymers, has established the KHG Innovation Foundation. This initiative aims to back entrepreneurs who are working on technologies with the potential to fill critical gaps and drive meaningful social outcomes. Foundational Objectives Strategic Partnership In collaboration with the Anjani Mashelkar Foundation, the KHG Innovation Foundation will focus on empowering entrepreneurs in core engineering […]

The Dual Role of Boutique Investment Banks: Advising and Investing in Startups In today’s dynamic economic landscape, boutique investment banks are paving new pathways by blending advisory services with venture capital investments. Based in innovation hubs such as Bengaluru, these financial institutions are evolving to leverage both sectors. By establishing micro-venture capital (VC) funds, they aim to diversify their revenue streams and capitalize on diverse opportunities across various startup funding stages. This initiative counters the […]

Quick Deliveries – Top Agenda for Indian Energy Hunters State-run energy companies in India are strategically focusing on acquiring projects that are already producing oil and gas or nearing production phases. This shift comes in response to prolonged waits for supplies from foreign energy investments made in earlier years. Despite the cost advantages of investing in early-stage exploration and production (E&P) projects, the pressing energy demands of India necessitate more immediate results. Strategic Shift to […]