Bain Capital has acquired a stake in automotive component maker Dhoot Transmission Group, while hospital chain Manipal Health Enterprises has invited banker pitches for a $1 billion IPO within the next twelve months. Bain Capital buys stake in Dhoot Transmission US private equity giant Bain Capital has invested in Aurangabad-based automotive component manufacturer Dhoot Transmission… Continue reading India Digest: Bain backs Dhoot Transmission; Temasek-backed Manipal Health eyes $1b IPODhoot Transmission may be valued at around $1b, according to re…
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Beyond the Buyout: What awaits Asia’s private equity sector in 2025Don’t miss the most significant developments in PE around the Asia Pacific.
In the first edition of our private equity-focused newsletter, we look at what industry executives are thinking about 2025, and what could help GPs generate DPIs in the year ahead. Don’t miss the most significant developments in PE around the Asia Pacific in the links below. The promise to payout The advent of the new… Continue reading Beyond the Buyout: What awaits Asia’s private equity sector in 2025Don’t miss the most significant developments in PE around the Asia Pacific.
A giant battery power plant is on fire in California
/ An enormous battery power plant went up in flames in Central California. MOSS LANDING, CALIFORNIA – JANUARY 17: A fire erupted at Moss Landing Power Plant on Thursday. Photo: Getty Images A fire broke out at the Moss Landing Energy Storage Facility in Central California Thursday. The battery power plant is the largest in the… Continue reading A giant battery power plant is on fire in California
India: Fleet safety firm Netradyne closes $90m Series D round led by Point72Qualcomm Ventures and Pavilion Capital also participated in the round.
US-headquartered AI-powered fleet safety solution provider Netradyne has secured $90 million in a Series D funding round led by global multi-stage investment firm Point72 Private Investments. Qualcomm Ventures and Pavilion Capital also participated in the round. The company, which also operates in India, aims to use the capital raised to boost its research & development… Continue reading India: Fleet safety firm Netradyne closes $90m Series D round led by Point72Qualcomm Ventures and Pavilion Capital also participated in the round.
Tesla says a new way to clean cameras are coming
Tesla announced on X that it is working on a new way to keep the cameras clean on the Cybertruck. Hopefully, it will make its way to other Tesla vehicles because it is a common problem with the performance of its advanced driver assist systems (ADAS). When driving using Tesla’s Autopilot or Full Self-Driving (Supervised)… Continue reading Tesla says a new way to clean cameras are coming
Bibo closes Series B round and 40 Greater China deals worth almost $792mNIO Capital-backed Bibo has snapped $41m in a Series B funding round.
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Amazon to acquire Indian lending platform AxioAmazon is already an investor in Axio.
E-commerce giant Amazon.com has signed an agreement to acquire Indian online lending platform Axio (formerly Capital Float), according to a company statement. “In December, after completing due diligence, we signed an agreement with Amazon for a proposed acquisition of Axio,” the firm said, adding that the transaction will now await the required regulatory approvals. While… Continue reading Amazon to acquire Indian lending platform AxioAmazon is already an investor in Axio.
Elon Musk Lost a Bet That COVID Would Quickly Fade, and What He Did Next Says a Lot About Him as a Person
There’s “something seriously wrong with his moral compass, if not his perception of reality,” Friend to Foe During the early days of the COVID pandemic, Elon Musk lost a bet to a longtime friend — and apparently took the loss incredibly poorly, in what sounds like an early warning sign of his now near-permanent state… Continue reading Elon Musk Lost a Bet That COVID Would Quickly Fade, and What He Did Next Says a Lot About Him as a Person
Embattled Washington Post Secretly Planning Transformation to “AI-Fueled Platform for News”
The Washington Post‘s CEO and publisher Will Lewis is seemingly making good on his promise of turning the newspaper into an AI slop fest. Following a series of scandals and losing 250,000 subscribers in the wake of billionaire owner Jeff Bezos currying favor with president-elect Donald Trump, the newspaper has a new mission statement: “Riveting Storytelling… Continue reading Embattled Washington Post Secretly Planning Transformation to “AI-Fueled Platform for News”
Husband Unconcerned as Wife Configures ChatGPT to Engage in Cuckolding Fantasy
“I don’t really see it as a person or as cheating.” Cuck Queen Look, we’re not here to yuck anybody’s yum. But as the New York Times reports, a 28-year-old woman configured ChatGPT to act as an AI-powered boyfriend, dubbed Leo. As one does, she used to explore a fetish dubbed “cuckqueaning” — a gender-swap of… Continue reading Husband Unconcerned as Wife Configures ChatGPT to Engage in Cuckolding Fantasy