Zepto is an Indian startup is on track to become the first unicorn of 2023 in the country. Thanks to an expected $150 million Series E funding round. Led by StepStone Group and supported by Nexus Venture Partners. This funding will elevate Zepto’s valuation to $1.3 billion. The swift commerce delivery startup has garnered recognition for its commitment to delivering groceries within 10 minutes.

Amidst ongoing challenges faced by Go First Airlines in resuming their operations, there is a focused effort by the Wadia Group towards finding suitable partners who can assist them in reclaiming ownership. These partnerships may come through joint bids involving financial investors who are presently engaging in discussions with the group after assessing Go First’s airworthiness status thoroughly. Furthermore, it should be acknowledged that former promoters Nusli Wadia and his family retain eligibility for participation in any forthcoming bidding processes related to this venture. Importantly, one must remember that engine issues were the primary reason behind Go First filing for bankruptcy.

The government expects to invite financial bids for the strategic sale of IDBI Bank by December, aiming to generate around Rs 16,000 crore. The Department of Investment and Public Asset

Asia Healthcare Holdings or AHH is increasing its investments in its technologically advanced remote ICU solution for neonatal care.

The UK government’s proposed reforms were presented by Finance Minister Jeremy Hunt. Seek to unleash a substantial amount of money from pension funds. The goal is to stimulate investments in early-stage companies and ultimately bolster economic growth. Furthermore, these changes aim to enhance pensioners’ returns by giving them the opportunity to invest in unlisted startups.

Thames Water, the largest water company in Britain, announced on Monday that its investors had agreed to inject £750 million ($960 million) into the troubled business

Indian billionaire Gautam Adanis’ company Adani Green Energy Ltd. is said to be considering raising around $1.5 billion in order to facilitate the conglomerates’ shift towards renewable energy. The board

Bluesky, a revolutionary decentralized social network protocol, has successfully secured a notable $8 million in seed funding and simultaneously introduced its inaugural paid service.

According to research firm PitchBook’s data, venture capital funding nearly fell in half globally in the first half of 2023, indicating a lack of interest on the part of investors

In a pre-Series B investment round, Battery Smart has secured $33 million. The startup’s existing backers Tiger Global and Blume Ventures, as well as new investors The Ecosystem Integrity Fund (EIF) and British International Investment (BII), participated in the round.

Appliance manufacturer Haier has announced its plan to invest ₹1,000 crore in the next three years for manufacturing expansion and backward integration.

Indian direct-to-consume­r denim brand Freakins has rece­ntly secured $4 million in see­d funding. The investment is le­d by Matrix Partners India and Blume Venture­s. These funds will be utilize­d to