Topic
fundraising
Technology Inflexor Ventures Secures Rs 400 Crore for Fund III, Targets 22-25 Technology Startups
Inflexor Ventures has announced the first close of its Fund III at approximately Rs 400 crore, anchored by Indian institutional investors including the SRI Fund and HDFC Asset Management Company. The venture capital firm plans a final close within a year and will invest in 22-25 technology-focused companies over 4-5 years, with initial investments in healthcare, digital infrastructure, and AI. Its portfolio includes logistics tech firm Kale Logistics, linking the fund to supply chain technology.
Finance IPO Buzz: Over a Dozen Companies Set to Raise Rs 25,000 Crore in August 2026
Over a dozen Indian companies, including Zepto, Truhome Finance, and Shiprocket, are set to launch IPOs in August 2026, collectively targeting over Rs 25,000 crore. The offerings include fresh equity and offer-for-sale components, reflecting improving investor sentiment and market stability, according to merchant bankers.
Finance IPO Rush Ahead: Zepto, Shiprocket and 12 More Firms to Hit Primary Market; Eye Rs 25,000 Crore-Plus Fundraising
At least 14 companies are expected to launch IPOs in the coming weeks, targeting combined fundraising of over Rs 25,000 crore through fresh equity and offer-for-sale. Quick commerce leader Zepto leads with an Rs 8,010 crore fresh issue, while logistics platform Shiprocket and housing finance firm Truhome Finance are among other major names. Market participants expect robust activity as investor sentiment improves.
SK Hynix raises $26.5bn in record US share sale, tapping AI chip demand
SK Hynix raised $26.5bn in a New York share offering, the largest ever by a foreign firm in the US. The South Korean chipmaker, a key Nvidia supplier, sold 177.9 million American depositary shares at $149 each, with demand reportedly over seven times the available shares. The listing gives US investors direct access to the AI chip boom without trading overseas.
Technology Taiwan's Unimicron targets $1.4 billion in global share sale at discounted price amid AI-driven chip demand
Taiwanese PCB substrate maker Unimicron is targeting $1.4 billion in a global share sale at a discounted price, driven by surging AI chip demand. The offering aims to capitalize on market momentum in the semiconductor supply chain.
Technology Square Yards turns unicorn with $95 million fundraise, eyes another $50-60 million ahead of IPO
Square Yards, a real estate and mortgage platform, has raised ₹900 crore ($95 million) in a debt-equity round led by EAAA Alternatives and Muzinich & Co., achieving unicorn status. The company plans to raise another $50-60 million in the next quarter ahead of its IPO. In FY26, revenues grew 48% to ₹2,086 crore with EBITDA surging 3.7x to ₹176 crore.
Finance SpaceX Turns to Bond Market After Record IPO, Seeks Funds for AI and Starship
Elon Musk's SpaceX has issued its first bond following a record-breaking IPO that raised about $75 billion. The company holds over $100 billion in cash but posted a nearly $5 billion net loss from heavy spending on AI and Starship. Moody's and Fitch assigned investment-grade ratings. Shares fell sharply after the IPO.
Finance Young loss-making startups keep OFS portion lean as investor scrutiny grows
New-age loss-making startups are prioritizing large fresh issue components in their IPOs to fund growth, a shift from the 2021-22 cycle. Investors now prefer capital infusion for scaling and profitability over large shareholder exits. Companies like Zepto, Ola Electric, and PhysicsWallah exemplify this trend.
Finance Sebi brings back stock exchange buybacks, clears faster fundraising route for AIFs
The Securities and Exchange Board of India (Sebi) has reinstated stock exchange buybacks and cleared a faster fundraising mechanism for alternative investment funds (AIFs), according to a report by the TOI Business Desk in The Times of India. The article also includes links to various financial calculators.
Technology Sarvam AI joins unicorn club with $234 million funding, eyes enterprise AI
India-based AI startup Sarvam has raised $234 million in a funding round led by HCLTech and Bessemer Venture Partners, propelling its valuation to $1.5 billion. The company plans to expand compute infrastructure, hire AI talent, and build an AI-assisted coding platform, while its enterprise AI offerings for voice, document, and agentic AI see growing adoption.
Technology SpaceX IPO Raises $10bn More Than Initially Thought, Totaling $85.7bn
SpaceX's initial public offering raised $85.7bn, $10bn more than initially thought, after underwriters exercised a greenshoe option. The company joined Nasdaq in the largest IPO in history, with shares surging 14% on the first Monday of trading.
Trump's UFC White House Event Opens Lobbying Channel for Corporate Interests
President Donald Trump is hosting a UFC event at the White House this weekend, with sponsorships costing up to $1 million offering companies rare direct access to the president. Political consulting firms are advising clients to buy packages, and the event is oversubscribed. Meta, a regular Octagon sponsor, has ongoing business interests before the federal government.
Finance SpaceX's $75 Billion IPO Could Rise to $86.2 Billion via Greenshoe Option
SpaceX raised $75 billion in its IPO by selling 555.6 million shares at $135 each. A greenshoe option allows Morgan Stanley to buy up to 83 million more shares, potentially pushing total proceeds to $86.2 billion. The mechanism, used by Alibaba and Uber, depends on stock price performance after listing.
Business Profitability Remains Key Concern as Zepto Lines Up IPO Amid High-Volume Pitch
Quick-commerce platform Zepto has updated its draft red herring prospectus for an IPO, highlighting rapid order growth but persistent losses. The company processed 210 million orders in Q1 FY26, nearly double Swiggy Instamart, but Blinkit leads with both order volume and profitability. Zepto's adjusted EBITDA loss stood at Rs 1,248 crore in the March quarter, while Blinkit posted a profit.
Finance ASK Property Fund Launches ₹3,500 Crore Debt Fund for Mid-Income Housing
ASK Property Fund, part of the Blackstone-backed ASK group, launched its fourth debt fund with a target corpus of ₹3,500 crore (about USD 420 million) to invest in mid-segment housing projects across six key Indian cities. The fund will provide solution capital and growth capital to developers, targeting 20% returns.
Technology Defense Tech, AI, and Fundraising Take Center Stage at StrictlyVC Los Angeles
StrictlyVC Los Angeles on June 18 at The Aerospace Corporation Campus will feature sessions on defense technology, artificial intelligence, and venture capital. Speakers include Mach Industries founder Ethan Thornton, Founders Fund's Delian Asparouhov, Shinkei Systems' Saif Khawaja, and M13 co-founder Carter Reum. The event offers executives curated access to insights from builders and investors shaping next-generation technology.
Finance Zepto Files Updated DRHP for $1 Billion IPO, Targets July Listing at $10 Billion Valuation
Quick-commerce player Zepto on Monday filed its updated draft IPO papers with market regulator Sebi, moving closer to a public listing targeted in July. The startup seeks to raise up to Rs 8,010 crore through fresh shares, while existing investors including Nexus Venture Partners and Contrary will sell up to 11.3 crore shares in the offering. The total issue size is estimated at $1 billion, and the company is targeting a valuation of about $10 billion.
Business Shropshire School Uniform Charity Plans Fundraising Week Amid Rising Costs
Little Stars, a Shropshire school uniform charity founded by Leanne Farlie, will hold its annual fundraising week from 22-28 June. The charity highlights the average secondary school uniform cost of £289 and has supplied over 900 children since 2023. Last year 12 businesses and schools participated.
Logistics Apollo's $1.4B Fund Boosts Logistics Real Estate
Apollo's affiliate, Bridge Investment Group, has raised $1.4 billion for a logistics real estate fund, surpassing its initial target. This fund aims to acquire and enhance logistics properties in key U.S. markets, driven by e-commerce growth and supply chain modernization.
Business Anveshan Secures ₹150 Crore to Target ₹1,000 Crore Revenue
Anveshan, a clean-label food brand, has raised ₹150 crore in a Series B funding round led by Vertex Ventures and IFC. The company aims to achieve ₹1,000 crore in revenue within the next 2-3 years by expanding its manufacturing and distribution capabilities.