Indian fintech startup Stable Money has raised $25 million in fresh equity funding, with Peak XV Partners (formerly Sequoia India & Southeast Asia) leading the round alongside other prominent investors. The funding marks a significant milestone for the company, which has rapidly positioned itself as a trusted platform for fixed-income investments in India. Key Highlights…
French automotive supplier Valeo has announced a landmark investment of ₹2,147 crore (€200 million) in India over the next three years, marking a significant expansion of its industrial footprint in the country. The move is part of Valeo’s global “Elevate 2028” strategic plan, aimed at tripling its India sales to €700 million by 2028. Currently,…
At the India AI Impact Summit 2026, Reliance Industries Chairman Mukesh Ambani announced one of the boldest corporate commitments in India’s history: a ₹10 lakh crore investment in artificial intelligence (AI) over the next seven years. This audacious bet is aimed at transforming India into a global AI powerhouse, mirroring the disruptive impact Reliance Jio…
India’s fintech landscape is set for a seismic shift as PhonePe prepares for a $15 billion IPO, a move that could redefine valuations across the digital payments sector. Analysts believe that the listing of PhonePe, one of India’s largest digital payment platforms, may not only unlock value for its investors but also trigger a re-rating…
India’s equity markets have been witnessing volatility, with IT stocks appearing oversold and capital markets continuing to show resilience as a structural growth story, according to market expert Nitin Raheja. His insights highlight the contrasting trends across sectors, where technology valuations have corrected sharply, while capital markets are benefiting from long-term structural drivers such as…
India’s bond market remained steady despite the government’s recent debt switch plan, which aimed to ease repayment pressures and improve liquidity management. The initiative, designed to swap short-term debt with longer-term securities, did not trigger significant movements in yields or investor sentiment, reflecting cautious optimism and a wait-and-watch approach among market participants. Background The debt…
Prime Minister Narendra Modi has projected that India’s Information Technology (IT) sector will reach $400 billion by 2030, driven by rapid adoption of Artificial Intelligence (AI), cloud computing, and digital transformation initiatives. The announcement underscores India’s ambition to position itself as a global leader in technology innovation, software services, and digital infrastructure. Background India’s IT…
Life Insurance Corporation of India (LIC), the country’s largest institutional investor, has reshaped its massive ₹17.5 lakh crore equity portfolio, signaling a strategic shift that goes against prevailing market trends. The insurer has increased its exposure to information technology (IT) stocks while trimming positions in banking and financial services, a move that has caught the…
Ola Electric’s shares surged by 5% in early trading after the Bombay High Court stayed an arrest warrant issued against its CEO, Bhavish Aggarwal. The development brought relief to investors and stakeholders, reinforcing confidence in the company’s leadership and future prospects. Background Ola Electric, India’s leading electric vehicle (EV) manufacturer, has been at the forefront…
Tamil Nadu has unveiled an ambitious roadmap to transform its economy into a $1 trillion powerhouse by 2030, with State Planning Commission Vice-Chairman J. Jeyaranjan highlighting the key pillars of growth. The strategy emphasizes industrial expansion, infrastructure development, technology adoption, and inclusive growth, positioning Tamil Nadu as a leading contributor to India’s overall economic trajectory….
