Kedaara Capital, a homegrown private equity (PE) firm in India, has invested $350 million in Impetus Technologies, a provider of data, analytics, and AI solutions, per an announcement. The PE firm, led by Manish Kejriwal, has acquired a strategic stake in the company to spruce up innovation in its data and AI business. “The most… Continue reading Indian PE giant Kedaara invests $350m in AI solution provider ImpetusThe PE firm has acquired a strategic stake in the company to spruce up innovation…
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India Digest: TVS to buy Ion Mobility; Oyo investors eye stake sale; ShareChat cuts jobsAccording to data from DealStreetAsia’s DATA VANTAGE, TVS Moto…
TVS Motor is acquiring ION Mobility at a discount, while early investors in Oyo are in talks with family offices to sell part of their stakes in the hospitality startup. Meanwhile, Google-backed ShareChat is laying off 30-40 employees. TVS Motor to buy ION Mobility at a discount: Report Indian two-wheeler manufacturer TVS Motor is acquiring… Continue reading India Digest: TVS to buy Ion Mobility; Oyo investors eye stake sale; ShareChat cuts jobsAccording to data from DealStreetAsia’s DATA VANTAGE, TVS Moto…
Blue Origin successfully launches its SpaceX rival
/ The New Glenn rocket successfully reached orbit ushering in a new phase in the billionaire space race. By Thomas Ricker, a deputy editor and Verge co-founder with a passion for human-centric cities, e-bikes, and life as a digital nomad. He’s been a tech journalist for almost 20 years. Share this story New Glenn on… Continue reading Blue Origin successfully launches its SpaceX rival
Tesla claims Cybertruck is ‘best-selling electric pickup’ without even confiming sales
Tesla is now claiming that Cybertruck was the ‘best-selling electric pickup in US’ last year despite not even reporting the number of deliveries. There’s a lot of context needed here. As we often highlighted, Tesla is sadly one of, if not the most, opaque automakers regarding sales reports. Tesla doesn’t break down sales per model… Continue reading Tesla claims Cybertruck is ‘best-selling electric pickup’ without even confiming sales
India: KKR-backed Avendus Capital hits first close of Fund III at $98mThe fund plans to make 12-14 investments, with an average ticket size of Rs 150–…
KKR-backed financial services group Avendus Capital on Thursday announced that it has hit the first close of its third fund with $98 million (Rs 850 crore) in capital commitments. Registered as a category-II alternative investment fund (AIF) with market regulator SEBI, the Avendus Future Leaders Fund III (FLF III) is targeting a corpus of Rs… Continue reading India: KKR-backed Avendus Capital hits first close of Fund III at $98mThe fund plans to make 12-14 investments, with an average ticket size of Rs 150–…
Gaw Capital buys 45% stake in Agility Asset Advisers to deepen presence in JapanPost-financing, Gaw Capital and AAA’s parent company will each hold a …
Real estate private equity firm Gaw Capital Partners on Thursday said it has acquired a 45% stake in Tokyo-based Agility Asset Advisers Inc. (AAA), as the Hong Kong-headquartered firm seeks to enhance its reach in the Japanese market. The investment seeks to amplify deal sourcing and asset management capabilities and open up new avenues to… Continue reading Gaw Capital buys 45% stake in Agility Asset Advisers to deepen presence in JapanPost-financing, Gaw Capital and AAA’s parent company will each hold a …
Indian NBFC Saarathi Finance in talks with PE firms to raise capitalSaarathi plan to cater to the credit needs of the under-served MSME market.
Photo by Pixabay Start your deal-making journey now! Subscribe now to enjoy unlimited access at just $59. Premium coverage on private equity, venture capital, and startups in Asia. Exclusive scoops from our reporters in nine key markets. In-depth interviews with industry leaders shaping the ecosystem. Subscribe now Printed by Unregistered user on Thu, 16 Jan… Continue reading Indian NBFC Saarathi Finance in talks with PE firms to raise capitalSaarathi plan to cater to the credit needs of the under-served MSME market.
Clean Technica: Li Auto CEO Thinks Autonomous Cars Need Lidar in China003803
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! It’s a longstanding and vigorous debate — will robotaxis need lidar, or are cameras alone adequate? Of course, we have several companies now operating robotaxis in China, the US, and elsewhere. Those all use lidar. However, Elon Musk has… Continue reading Clean Technica: Li Auto CEO Thinks Autonomous Cars Need Lidar in China003803
Clean Technica: Electric Vehicle Sales Leaders — Best Selling OEMs, Part 4 of 4003802
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! A closer look at the best-selling PEV automotive groups — edition 4 of 4 This is the fourth and final edition of a series looking at the top selling OEMs in terms of plugin vehicle sales. To check out… Continue reading Clean Technica: Electric Vehicle Sales Leaders — Best Selling OEMs, Part 4 of 4003802
Apple’s AI Is Constantly Butchering Huge News Stories Sent to Millions of Users
Apple has come under intense scrutiny for rolling out an underbaked AI-powered feature that summarizes breaking news — while often butchering it beyond recognition. For over a month, roughly as long as the feature has been available to iPhone users, publishers have found that it consistently generates false information and pushes it to millions of… Continue reading Apple’s AI Is Constantly Butchering Huge News Stories Sent to Millions of Users