FUNDRAISING
White House Ballroom investigation row: Nvidia CEO Jensen Huang, who is facing scrutiny over alleged Chinese spy links, was among donors. Check list
US Attorney Aaron Reitz issued a letter to Senator Richard Blumenthal regarding potential document preservation. The letter claimed Blumenthal intimidated citizens associated with President Trump and challenged their constitutional rights. Reitz demanded all relevant documents be maintained, citing federal law violations. Meanwhile, Blumenthal affirmed his commitment to investigating taxpayer dollar misuse under the Trump Administration. The controversy includes substantial donations from major corporations to the construction of Trump's ballroom.
Bajaj Finance opens QIP at Rs 992.25 floor price, may offer up to 5% discount
Bajaj Finance opened its qualified institutional placement on November 11, fixing the floor price at Rs 992.25 per share. The company may offer a discount of up to 5%, with final pricing and fundraising details yet to be announced.
Alphabet's first Hong Kong, Singapore dollar bond sales draw $5 billion orders
Alphabet attracted approximately $5 billion in combined orders for its maiden Hong Kong and Singapore dollar bond offerings, reflecting strong investor demand. The fundraising supports its expanding AI infrastructure investments and diversifies its debt portfolio. The company may increase issuance sizes amid continued borrowing to finance growing technology investments.
Bajaj Finance unveils share sale to raise up to $1.25 billion
Bajaj Finance has launched a share sale to raise up to ₹117 billion from institutional investors. This offering marks a significant event following a major IPO by Jio Platforms last month. The proceeds will be allocated toward repaying various financial obligations, including loans and debentures. A team of financial institutions is collaborating with Bajaj Finance on this transaction. Additionally, the Indian equity market remains active, having raised approximately $50.
Before Jensen's Alice, there was Fang Fang: China's other woman spy
Newly declassified FBI files have revealed details of Chinese businesswoman Christine Fang's efforts to build relationships with American politicians, including former Congressman Eric Swalwell, as part of a suspected Chinese intelligence operation.
Energy infra startups see bigger cheques as investors bet on sovereign play
Bengaluru-based Enerzolve, which makes smart meters, power conversion systems and energy storage systems, is in talks to raise $20 million from existing investors Jungle Ventures and Kae Capital as well as Schneider Electric, people aware of the matter told ET. That’s nearly four times the $5 million it raised in a January round.
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Anthropic IPO buzz: CFO Krishna Rao’s stake could be worth $703 million as AI firm eyes $1.4 trillion valuation
Anthropic CFO Krishna Rao's stake in the Claude chatbot maker could be worth approximately $703 million as the AI startup targets a $1.4 trillion valuation through its proposed IPO. The company plans to raise up to $90.4 billion through the public offering and a concurrent private placement.
Bajaj Finance to launch share sale worth up to Rs 11,700 cr this week: Report
Bajaj Finance Ltd. is gearing up for a major share sale aimed at raising an impressive 117 billion rupees. The initiative seeks to draw in institutional investors, with the specifics of the offering currently being finalized. Following the completion of investor roadshows, a qualified institutions placement may take place soon.
IIFL Finance shares rally 5% as Blackstone leads Rs 6,414 crore capital infusion
IIFL Finance shares surged on Wednesday after the company announced a Rs 6,414 crore capital infusion led by Blackstone, which will invest Rs 5,000 crore. The fundraise, also involving promoter investments and Anchorage Capital, aims to strengthen capital adequacy, lower funding costs and accelerate growth in secured lending.
Microsoft market cap beats Nvidia's for first time since June 2025
Microsoft overtook Nvidia as the world's most valuable company on Tuesday, as the chip giant's shares fell on uncertainty over the outlook for AI and an investigation into whether
Anthropic eyes $1.4 trillion valuation in blockbuster IPO, targets up to $90.4 billion in fundraising
Anthropic is targeting a fully diluted $1.4 trillion valuation through its proposed IPO, seeking up to $64.35 billion. Combined with a $26 billion private placement, fundraising could reach $90.4 billion amid rising infrastructure costs and competition.
Anthropic plans to raise $64 billion through IPO, as per latest draft prospectus
Anthropic is targeting up to $90.4 billion through an IPO and private placement, according to a Reuters-reviewed draft prospectus. The fundraising includes investments from major technology companies such as Google, Nvidia, Microsoft, AMD and Broadcom.
What we know about St. Louis drummer Bobby Taylor's cause of death
Bobby Taylor, a drummer in the St. Louis music scene, has died following a long struggle with cancer. His wife, Jami Taylor, announced his death on November 9, 2026, sharing heartfelt memories. Friends and supporters initiated a fundraiser to help with Taylor's cancer treatment expenses. His bandmates from Foreplay expressed their sorrow and shared how he completed the band.
SP Group arm to tap bond pipeline to raise Rs 1,500 crore
Shapoorji Pallonji Group's financing unit Eqyizen Investment is planning to raise ₹1,500 crore through a tap issue. The fundraising is scheduled around November 23 and will support refinancing efforts and liquidity needs. Proceeds will be allocated for repaying existing bondholders and funding group entities. The company aims to negotiate with bondholders to relax existing covenants governing the use of proceeds.
Kotak eyes ₹4,500 crore fundraise to deepen bets on India's real estate market
Kotak Investment Advisors plans to raise ₹4,500 crore through its 16th real estate fund. This fund will focus on investments across India's real estate market, encompassing residential and commercial properties. The fund will utilize both debt and equity while targeting institutional capital to enhance liquidity for developers. It aims to conduct multiple transactions primarily in major cities and select tier-II locations.
'The Little Rascals' star Bug Hall launches public fundraiser before sixth child's birth, reveals unpaid bills and unfinished Arkansas home
Former child star Brandon Bug Hall, recognized from The Little Rascals, has turned to GoFundMe for help with his financial struggles. As he and his wife prepare to welcome their sixth child and complete renovations on their Arkansas home, Hall's campaign has garnered significant support, raising upwards of $19,000 from close to 300 contributors as of November 8.
OpenAI, ready to IPO in 2027, now counts majority of sales from enterprises, Greg Brockman says
OpenAI President Greg Brockman said on Wednesday the company now generates the majority of its revenue from enterprise sales and he believes it will be ready to go public in 2027.
Ripik.ai in talks to raise Rs 150 crore from Gaja Capital
The startup deploys its hardware and software systems at large manufacturing and industrial units, including cement and steel plants, using cameras, sensors and proprietary AI models to monitor equipment, materials and production processes. It counts Accel and Venture Highway (now merged with General Catalyst) among its existing investors.
Ellen producer Matthew Wright’s sudden death: family shares new details about his final hours
In a heartbreaking turn of events, Matthew Wright, the esteemed producer behind The Ellen DeGeneres Show, has died at the age of 52. His family shares that he passed away peacefully in his sleep on October 30. Colleagues, including Ellen DeGeneres, celebrated his warmth and humor, while Andy Lassner recounted Wright's visit to The Jennifer Hudson Show just hours before his passing, leaving a void in the hearts of many.
Revolut completes funding round at $115 billion valuation
The transaction, which Revolut said was led by Glade Brook Capital Partners, Coatue, Durable Capital Partners, T. Rowe Price Associates and Baillie Gifford, means private market investors value the 11-year-old business more highly than many publicly listed banks.
EloElo eyes global expansion post $80 million fundraise, aims to build ‘Netflix of micro-drama’
EloElo Group, the parent company of Story TV, successfully raised $80 million in a Series C funding round. The funding round was led by Hornbill Capital and NBCUniversal, significantly increasing the company's valuation. EloElo aims to enhance its micro-drama platform and expand into international markets. The company reported substantial user growth and high production efficiency using AI technology.
Meta raises $15 billion through bond sale to fund AI infrastructure expansion
Meta Platforms is raising $15 billion through a five-part bond offering to fund its expanding artificial intelligence infrastructure investments. The fundraising highlights the growing reliance of major technology companies on debt and equity markets to finance the global AI race.
'India is bigger than US for ChatGPT': OpenAI's Sam Altman says Americans are negative about AI, Indians unusually positive
OpenAI CEO Sam Altman has revealed that India has more ChatGPT users than the US, making it the company's biggest market by users. Speaking to Raj Shamani, he praised India's growing AI adoption and said Americans were unusually negative about AI compared with the rest of the world.
Meta raises $15 billion in five-part US bond sale
The tech giant's offering adds to a wave of fundraising as companies raise fresh capital to finance AI data centers, computing capacity and cloud expansion, despite traditionally relying on cash-rich balance sheets to fund growth.
Blackstone president says more tech sector fundraising ahead to keep up with AI industry growth
Blackstone President Jon Gray said on Tuesday there would be more global equity fundraising needed to keep up with the enormous likely demand from the AI industry's growth.
Oracle plans to raise $20 billion through bonds and stock sales
Oracle has announced its ambitious plan to generate $20 billion through bond and share sales, focusing on both corporate needs and essential infrastructure development. The raised funds are earmarked for advancing initiatives in AI and cloud computing, projecting substantial growth soon. This fundraising will also assist with capital expenses, debt repayment, acquisitions, and share buybacks. Despite a 3.
Indian IPO market clocks record Rs 84,400 crore in H1 FY27, fundraising jumps 30%
India's mainboard IPO market raised a record Rs 84,400 crore in H1 FY27, up 30% year-on-year, as September saw unprecedented fundraising. Strong investor participation, confidential filings and a robust pipeline supported primary market momentum.
Bend volunteer Brad Pinkert turned a battered ReStore door into a hall tree with a storage trunk and hooks; the finished piece drew the event’s highest bid of $375
In Bend, Oregon, a dedicated volunteer took an old door and turned it into a stunning hall tree for a fundraising event. This creative transformation emphasizes the blend of style and utility, illustrating the beauty of reclaimed materials. The initiative showcases a rising trend in sustainable furniture design, fostering a deeper appreciation for the art of reusing and restoring items, ultimately contributing to eco-friendly living practices.
What happened to a Michigan Red Baron worker targeted in a prank? How a fundraiser brought unexpected support
In Michigan, a delivery worker named Walt Z faced off against a prankster who faked a money-taking scenario. The humorous confrontation was captured on video, propelling it into viral fame. Following his situation, a GoFundMe campaign was initiated, successfully amassing over $335,000 to provide Walt with financial support, ensuring his four children could maintain stability.
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