Ontario Teachers’ Fund Receives CCI Approval for Minority Stake Acquisition in XpressBees

Three points you will get to know in this article: On Thursday, October 26, the Competition Commission of India (CCI) gave the nod to the Ontario teachers’ fund’s plan to secure a minority interest in the renowned logistics powerhouse, XpressBees. In its official decree, the CCI granted approval for the acquisition of a stake in BusyBees Logistics Solution, the parent…

New-Age Tech Stocks Decline Amid Geopolitical Tensions; Paytm Emerges as Biggest Winner This Week

Three points you will get to know in this article: This week witnessed a downturn in the performance of Indian new-age technology stocks, mirroring the broader market’s decline. The setback was attributed to a combination of mixed Q2 earnings reports from various companies and escalating geopolitical tensions.Within the realm of Inc42’s coverage, 11 out of the 18 new-age tech stocks…

Giga ML Secures $3.6 Million to Assist Enterprises in Training and Deploying On-Premise LLMs

Three points you will get to know in this article: Giga ML, hailing from San Francisco and Bengaluru, recently secured $3.6 million in a seed funding round spearheaded by Nexus Venture Partners. Notably, this funding initiative garnered support from significant players such as Y Combinator, Liquid 2 Venture, 8vdx, and key angels including Garry Tan, President, and CEO of Y…

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