Deals
DFC has more than doubled its investments in the Indo-Pacific to over $9.5b in last three years.
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OpenAI launches new series of AI models with 'reasoning' abilities
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Blackstone mulls selling stake in visa firm VFS Global
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US auto safety regulator opens probe into some VinFast EVs
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China's Ant Group refinancing $6.5b credit line
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SUSI Partners buys 39 MW wind farm in Vietnam from Norway's Scatec
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Policy & Regulations
The regulator ordered an investigation into Amazon and Flipkart in 2020 for allegedly promoting certain sellers.
Crown Trust and DeVC also participated in the round.
Venture Capital
Centricity has attained a valuation of $125 million with the latest investment.
Analysis
While Indian coffee startups are attracting substantial funding, global giants are stepping up their game as well.
It is part of efforts to curb pollution and move towards cleaner fuels.
India ranked high on the usage of centralised exchange and decentralised finance assets.
The company is in talks with the automotive sector and other industries in the country.
Blume Ventures and 8i Ventures are also contributing a significant amount to Slice’s round.
Private Equity
Rohan Builders has joined as the operating partner for the fund.
