Business & Funding

Stories tagged business & funding.

Mint — Technology / AI22 Sept, 09:09
Nothing to spin off CMF as standalone Indian business; Optiemus to acquire 51.1% controlling stake; details here(opens the publisher's site in a new tab)
Nothing is expanding its partnership with Optiemus to turn CMF into an independent, majority Indian-owned smartphone brand. Optiemus will join CMF’s upcoming Series A funding round, while manufacturing, ownership and R&D will come under a single India-based entity.
Entrackr22 Sept, 09:07
Auxilo reports Rs 676 Cr revenue and Rs 117 Cr profit in FY26(opens the publisher's site in a new tab)
After crossing Rs 500 crore in revenue in FY25, education-focused NBFC Auxilo continued its growth momentum with 28% year-on-year growth in the fiscal year ended March 2026, while its net profit remained largely stable at Rs 117 crore despite higher finance and employee costs. Auxilo's revenue from…
China: SCMP Tech / TechNode / Pandaily / KrASIA / Sixth Tone22 Sept, 08:45
Direct Drive Tech launches Hong Kong IPO, testing demand for physical AI hardware(opens the publisher's site in a new tab)
Its listing will give public investors exposure to a relatively uncommon segment of the physical AI hardware market.
China: SCMP Tech / TechNode / Pandaily / KrASIA / Sixth Tone22 Sept, 08:35
Deals in brief: Singapore-based dtcpay closes Series A round, 01F Group invests in Dana, ten China investments, and more(opens the publisher's site in a new tab)
Bringing you the latest updates on funding and investment activity across the Asia Pacific.
China: SCMP Tech / TechNode / Pandaily / KrASIA / Sixth Tone22 Sept, 08:30
Orienspace sees rocket competition coming down to scale and cost(opens the publisher's site in a new tab)
Co-founder Peng Haomin discusses customer validation, rocket reuse, and the economics behind the company’s IPO plans.
Push Square / Nintendo Life / Pure Xbox22 Sept, 08:30
'Hundreds' More Xbox Layoffs Reportedly on the Way, Studios to Be Consolidated
Halo series to go under Activision, it's suggested. Microsoft will confirm another wave of job losses within its Xbox division, affecting "hundreds" of workers, imminently, it is being widely reported. Via outlet The Information, it is claimed hundreds of employees will lose their jobs "this week"…
pushsquare.com/news/2026/09/hundreds-more-xbox-…(opens the publisher's site in a new tab)
Light Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live22 Sept, 08:18
Nvidia makes fresh $1.5B investment in SB Energy(opens the publisher's site in a new tab)
Nvidia committed a fresh $1.5 billion to SoftBank Group-backed data centre developer SB Energy as the latter prepares for an IPO in the US. The post Nvidia makes fresh $1.5B investment in SB Energy appeared first on Mobile World Live.
Europe/UK: Tech.eu / Sifted / TNW / Silicon Republic / UKTN / Computer Weekly / heise / Golem / t3n / Maddyness / FrenchWeb22 Sept, 07:41
Netherlands’ Morphotonics bags €40m to scale AI glasses parts manufacture(opens the publisher's site in a new tab)
3M Ventures, the European Innovation Council and European Investment Bank were among its Series B backers. Read more: Netherlands’ Morphotonics bags €40m to scale AI glasses parts manufacture
Entrackr22 Sept, 07:10
Exclusive: CarDekho parent to convert into public company ahead of IPO(opens the publisher's site in a new tab)
CarDekho Group, which operates platforms such as CarDekho, InsuranceDekho, BikeDekho, PriceDekho and Rupyy.com, is moving towards an IPO by converting its parent entity into a public company. The board has passed a special resolution to change the name of its parent entity from Girnar Software…
TechCrunch Startups22 Sept, 06:00
Morphotonics raises €40M to expand its display tech into data centers(opens the publisher's site in a new tab)
Deep tech company Morphotonics raises €40M from investors including 3M Ventures, Innovation Industries, BOM, and Invest-NL.
Economic Times — Tech / Technology / Startups / ETTelecom22 Sept, 05:54
Bharti Airtel teams up with Apple, launches family postpaid plans(opens the publisher's site in a new tab)
Bharti Airtel's average revenue per user (ARPU) stands at ₹264 for the first quarter of FY27. Sunil Mittal-driven telco's mobile ARPU is projected to reach ₹325 by FY29, driven by premiumisation and higher data usage.
Economic Times — Tech / Technology / Startups / ETTelecom22 Sept, 05:43
Snapdeal parent AceVector to launch IPO on September 25, seeks Rs 1,741-crore valuation(opens the publisher's site in a new tab)
AceVector is raising Rs 287 crore in fresh capital through the IPO, while investors, including SoftBank, Nexus Venture Partners and Foxconn, are selling shares worth Rs 133 crore through the offer-for-sale component.
Entrackr22 Sept, 05:30
Lumikai leads $600K pre-seed round in Demoverse(opens the publisher's site in a new tab)
Bengaluru-based AI-powered product co-creation startup Demoverse has raised $600K in a pre-seed funding round. Gaming and interactive media-focused venture capital firm Lumikai led the round with a $500K investment as part of its Pixels programme, with participation from Marlan, a UAE-based…
Economic Times — Tech / Technology / Startups / ETTelecom22 Sept, 05:16
Orient Cables to launch ₹552-crore IPO on Sept 25(opens the publisher's site in a new tab)
Proceeds of the fresh issue will be used for capital expenditure towards purchase of machinery, equipment and civil works at its manufacturing facilities; repayment or partial prepayment of certain borrowings. A portion will also be used for general corporate purposes.
Tech.eu / Sifted (titles)22 Sept, 05:00
A16z wants to back more European startups — but won’t reopen European office anytime soon(opens the publisher's site in a new tab)
Tech.eu / Sifted (titles)22 Sept, 05:00
N8n boss: ‘Our goal is to get to 1bn users with fewer than 1,000 employees'(opens the publisher's site in a new tab)
Tech.eu / Sifted (titles)22 Sept, 05:00
Exclusive: GFC, Firstminute back Palantir and Goldman alums to take on the Big Four(opens the publisher's site in a new tab)
Africa: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn22 Sept, 04:55
AMD is now worth a trillion dollars(opens the publisher's site in a new tab)
AMD touched a $1-trillion valuation for the first time as investors bet AI spending is still expanding.
Africa: TechCabal / Techpoint Africa / TechCentral / WeeTracker / Ventureburn22 Sept, 04:45
Closing the AI impact gap(opens the publisher's site in a new tab)
Most organisations use AI, but only 37% can tie it to earnings, write Jason Molesworth and Biase De Gregorio.
Entrackr22 Sept, 04:36
NSE IPO subscribed 5.71X; retail investors show muted response(opens the publisher's site in a new tab)
The National Stock Exchange of India’s (NSE) much-awaited IPO closed with a 5.71X subscription on September 21, with investors bidding for 50.58 crore shares against 8.86 crore shares on offer. The IPO was open from September 17 to September 21 with a price band of Rs 1,700-1,785 per share. At the…
Entrackr22 Sept, 04:30
Protein Pantry raises Rs 9 Cr in seed round led by Sharrp Ventures(opens the publisher's site in a new tab)
High-protein frozen food brand Protein Pantry has raised Rs 9 crore in a seed funding round led by Sharrp Ventures, with participation from Peercheque, Consumer Collective by Atrium and Indian Silicon Valley Capital, alongside angels including Varun Alagh, Rishubh Satiya, Avnish Anand, Arush…
Entrackr22 Sept, 04:03
Spinny confidentially pre-files IPO; appoints Ex Bharti executive Akhil Gupta as board chairman(opens the publisher's site in a new tab)
Used-car retailing platform Spinny has confidentially pre-filed its draft IPO papers with the Securities and Exchange Board of India (SEBI), three people aware of the matter told Entrackr “Spinny is looking to raise around Rs 2,500-3,000 crore through the IPO. The issue is likely to include both a…
Europe/UK: Tech.eu / Sifted / TNW / Silicon Republic / UKTN / Computer Weekly / heise / Golem / t3n / Maddyness / FrenchWeb22 Sept, 04:00
Mistral AI acquiert Pimento et poursuit sa remontée vers les applications métier(opens the publisher's site in a new tab)
Mistral AI fait l’acquisition de Pimento, la startup française fondée par Florent Facq et Tomás Yany, spécialisée dans la création publicitaire assistée par intelligence artificielle. Après Koyeb dans l’infrastructure et Emmi AI dans l’ingénierie industrielle, cette nouvelle opération fait entrer…
Entrackr22 Sept, 03:30
Fintech and brokerage startup Definedge raises Rs 22 Cr in pre-Series A(opens the publisher's site in a new tab)
Fintech and brokerage startup Definedge has raised Rs 22 crore in a pre-Series A funding round, taking its total funding raised to date to Rs 30 crore. The round saw continued participation from existing backers Nitin Agarwal and D. Prasad, alongside new investors Anant Jain and Sachin Kasera…
Economic Times — Tech / Technology / Startups / ETTelecom22 Sept, 00:30
Top IT's subcontractor costs creep up as volatile pipelines force flexible staffing(opens the publisher's site in a new tab)
Subcontractor costs as a share of revenue increased sequentially at most firms in the June quarter, Kotak Institutional Equities said in a note. The ratio rose to 9.6% at LTM from 8.3% in March, to 15.5% from 15.3% at Persistent Systems, to 11.7% from 11.5% at Wipro and to 8.7% from 8.5% at Infosys.
Light Reading / Fierce Network / Telecoms.com / RCR Wireless / Mobile World Live21 Sept, 22:04
Vecima wraps buy of 'CableDiag' network analytics platform(opens the publisher's site in a new tab)
Vecima Networks has completed the acquisition of Akleza's 'CableDiag' proactive network maintenance software platform, which is being deployed by more than 25 cable operators serving north of 5 million DOCSIS devices. #pressrelease
Canary Media / Heatmap / Latitude Media21 Sept, 21:40
Rune is tapping spare solar power for modular data centers(opens the publisher's site in a new tab)
Armed with a $40-million Series A, the startup is pitching a small data center that makes use of curtailed renewable power. The post Rune is tapping spare solar power for modular data centers appeared first on Latitude Media.
ANZ: iTnews / SmartCompany / Startup Daily21 Sept, 20:39
Australia's Firmus to launch $7 billion IPO on October 6(opens the publisher's site in a new tab)
Second-largest in Australia's history.
Fast Company — Technology21 Sept, 20:37
Can cloud seeding fight drought? Startup Rainmaker just raised $100 million to find out
Rainmaker, the weather modification startup focused on generating rain and snow through cloud seeding, announced today that it has raised $100 million in Series B funding. Investors including NOA VC, Upfront Ventures, DCVC, Lowercarbon Capital, and Dream Ventures participated in the round…
fastcompany.com/91610667/cloud-seeding-rainmake…(opens the publisher's site in a new tab)
Fierce Biotech / Fierce Healthcare / MedCity / GEN21 Sept, 20:36
Radiopharmaceutical Dealmaking Continues With Telix’s $1.65B ITM Acquisition(opens the publisher's site in a new tab)
Telix Pharmaceuticals is acquiring Isotope Technologies Munich, or ITM, in a $1.65 billion stock deal that will create a radiopharmaceuticals company with greater global scale. ITM’s lead pipeline asset is in late-stage development for a type of gastrointestinal cancer, where it could compete…