Tag: Private Equity
Sarvam AI Startup Programme Fuels Indic AI Builders
Sarvam AI has introduced the Sarvam Startup Programme, providing early-stage companies with up to 12 months of API credits, priority engineering support and production-ready infrastructure to build multilingual AI applications without backend complexities. Founders Vivek Raghavan and Pratyush Kumar positioned the initiative to empower India’s developer ecosystem with high-quality models fluent in 22+ Indian languages and English, enabling full agency in creating voice agents,...
Oracle Layoffs Fund AI Data Centre Push Amid Cash Squeeze
Oracle is planning thousands of job cuts across divisions as it grapples with a cash crunch from aggressive AI data centre buildout to support major clients including a $300 billion OpenAI agreement, xAI and Meta, as Bloomberg News first reported. The reductions, potentially broader than typical rolling cuts, may begin this month and target roles expected to diminish under AI automation, coinciding with an...
CCI Approves Aster-QCIL Healthcare Merger
The Competition Commission of India (CCI) has officially approved the proposed transaction involving a strategic merger between Aster DM Healthcare, Quality Care India Limited...
CCI Approves Bain Capital’s Dhoot Deal
The Competition Commission of India (CCI) has approved the proposed acquisition of shareholding in Dhoot Transmission Private Limited (DTPL) by BC Asia Investments XV...
India’s Healthcare Investments Surge in 2024: Report
India’s healthcare sector is undergoing a major transformation, with hospitals leading the charge in infrastructure development, digital health adoption, and increased investment activity. According...
Temasek Acquires 10% Stake in Haldiram’s for $1B
Singapore’s state investment firm Temasek has acquired a nearly 10% stake in Haldiram’s, one of India’s most well-known snack brands, for $1 billion, valuing...
