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News and Trends

NoBroker's Conversational AI Cloud Bets on Rapid AI Adoption in Customer Services Industry

According to Gupta, the AI product has notably had takers from close to 35 top companies, such as Cars24, Spinny, LendingKart, Tata AIG, other D2C brands, and also one of the top banks in India, allowing them to increase operational efficiency by using technology to engage with customers and gain insights.

News and Trends

Cuzor Bags ₹5 Cr Seed Funding From Kaynes, Longer Gestation Causing Funding Gaps: Founder

Cuzor Labs announced an INR 5 Crore seed round, marking a first angel-investment from Ramesh Kannan, Founder and Managing Director of Kaynes Technology India Limited, underscoring growing confidence in India's ability to build globally competitive hardware.

News and Trends

Reform Hopes Power IPOs with Market Optimism Around GST Reforms

The Indian IPO market is on an uptick mainly due to positive sentiment, strengthened by expectations of reform announcements ahead of Diwali, reinforcing the ongoing relief rally, with analysts highlighting that the market's gap-up opening earlier in the week signaled strong investor confidence in the uptrend.

News and Trends

SEBI Revisions to Positively Impact LPs, Faster Deals & Lure Global Capital

Approved in principle earlier this June, SEBI has cleared a framework to let Cat-I/II AIFs launch a Co-Investment scheme (CIV) inside the AIF structure, instead of using a separate portfolio management service (PMS), available to accredited investors in that AIF. Each co-investment will be a separate CIV scheme with some relaxed requirements.

News and Trends

JSW Cement IPO Receives Strong Response, NSDL Delivers Stellar Returns

JSW Cement IPO allotment on August 12, listing scheduled for August 14, while NSDL Shares deliver 78 per cent IPO Returns; stock extends winning streak.

News and Trends

Private Equity Eyes Inclusive Growth Amid Digital and Market Transformations

For private equity (PE) and impact firms like Leapfrog, these trends are shaping their investment strategy for the foreseeable future.