Graas.ai, an AI-native data and automation company for ecommerce, has raised over $9 million in a pre-Series B round led by Tin Men Capital, with participation from Incred Wealth, Orzon, and returning investors Integra Partners and Yuj Ventures. The fresh capital will accelerate the rollout of Agent Foundry in India—a proprietary environment for developing autonomous…
When Sanjay Nekkanti started building satellites at age 19, the private space sector in India was close to non-existent. “There were hundreds of millions of people, and yet, no one was doing that [launching satellite building companies]. For me, this really was motivation to take the road less travelled, and lead the opening of the…
Hello, The AI wave is flooding the markets. And with it, there’s a new clutch of hedge funds that are betting on which industries are being swept along, and which of them will be left behind. Thematic funds are seizing the opportunity to cash in on the AI frenzy, with several managing assets worth billions….
Bengaluru-based proprietary venture capital firm Upsparks Capital has quietly emerged as a significant force in India’s early-stage startup ecosystem. Since 2020, the proprietary fund has deployed Rs 57 crore across 65 investments, maintaining a sharp filter with an acceptance rate below 3% of evaluated startups, said a top executive in an interaction with YourStory. Backed…
Capital markets regulator SEBI has proposed a separate category of Alternative Investment Fund (AIF) schemes, consisting of accredited investors, which will enjoy a lighter-touch regulatory framework compared to regular AIFs. In a consultation paper issued on Friday, SEBI suggested that such accredited investors (AI-only schemes) could be allowed certain flexibilities, given that accredited investors are…
JM Financial Credit Solutions Ltd, a wholly-owned subsidiary of JM Financial, on Sunday said it will sell a 2.1% stake in its home loans subsidiary to Bajaj Allianz Life Insurance Company for Rs 65.5 crore. In a regulatory filing on Sunday, JM Financial said JMFCSL has executed an investment agreement with Bajaj Allianz Life Insurance…
The development of public charging infrastructure will play a vital role in faster adoption of electric vehicles, as driving range anxiety has emerged as a deterrent to customers to accept an EV as a primary car in a household, according to a senior Maruti Suzuki India executive. The sales of electric passenger vehicles in the…
BharatPe will raise funds before the initial public offer, but the listing will take place only when market conditions are favourable, a top official of the unicorn fintech firm said. BharatPe, last week, announced that it had achieved operational profitability after excluding the employee stock ownership plan. “Whatever goals we set for ourselves, we have…
Foreign investors have pulled out nearly Rs 18,000 crore from Indian equities so far this month, weighed down by escalating US-India trade tensions, disappointing first-quarter corporate earnings, and a weakening Indian rupee. With this, the total outflow by Foreign Portfolio Investors (FPIs) in equities has reached Rs 1.13 lakh crore so far in 2025, according…
Markets regulator SEBI has proposed a slew of relaxations for large value funds (LVFs) under the alternative investment funds framework, including a reduction in the minimum investment requirement to Rs 25 crore from the current Rs 70 crore. In a consultation paper issued on Friday, the regulator said the changes aim to widen investor participation…
