Topic: #india
-
CoreWeave signs 240 MW AdaniConneX deal for its first India data center
CoreWeave agreed to use 240 MW of capacity at AdaniConneX's Taloja campus in Navi Mumbai, its first data center project in India, with an option to scale to 480 MW, Crypto Briefing reported.
-
RBI Governor Malhotra says India stays cautious on crypto but backs tokenization
RBI Governor Sanjay Malhotra said India's approach to crypto remains cautious, citing monetary sovereignty and capital flow risks, while the central bank backs distributed ledger technology and tokenization.
-
India's local crypto exchanges received just 0.7% of inflows, Chainalysis estimates
Chainalysis estimates India's domestic exchanges received 0.7% of exchange value from Indian users, down from around 7%, while Brazil-based platforms rose to 12.5% of inflows, CryptoSlate reported.
-
India lines up roughly $25B for deep tech startups, Crypto Briefing reports
India is marshaling roughly $25 billion in combined public and private money for deep tech startups, according to a Crypto Briefing estimate, with a ₹1 lakh crore research scheme at its centre.
-
Lightspeed targets $300–$350M for early-stage AI fund in India
Lightspeed Venture Partners is raising a fifth India-focused fund with a $300–$350 million target, down from $500 million in 2022, as the firm prioritizes early-stage AI startups in the region.
-
India Tokenizes $620B Corporate Bond Market With Digital Rupee
India's SEBI and RBI launched "Demat 2.0," a pilot program that issues corporate bonds as blockchain tokens and settles them with the wholesale digital rupee. Three companies have already raised approximately $107 million through the framework.
-
Mohalla Tech seeks $400M IPO in 2027 after achieving profitability
Mohalla Tech, the company behind India's ShareChat and Moj social platforms, plans to raise up to $400 million through a public listing in 2027 after achieving operational profitability in Q1 FY2027. The move signals a shift toward investor confidence based on unit economics rather than growth-at-any-cost narratives.
-
NSE targets $55 billion valuation in India's biggest-ever IPO
India's National Stock Exchange received regulatory approval to proceed with a landmark IPO targeting a valuation exceeding $55 billion, with listing planned before December 2026. The IPO is expected to raise approximately $2.5 billion and would be the country's largest ever.
-
Carlsberg plans $700M India IPO filing for June 2026
Carlsberg is preparing draft IPO papers for its India unit, targeting up to $700 million in a secondary share sale filing as early as June 2026. The move capitalizes on India's expanding premium beer segment and Carlsberg India's 22% market share.
-
Coinbase Launches Direct Indian Rupee Rails After Regulatory Clearance
Coinbase has returned to India with direct INR banking infrastructure, allowing traders to deposit and withdraw rupees without intermediary conversions. The move marks a reversal from the exchange's 2022 exit following informal RBI pressure.