invests - Wander City

Elon Musk’s SpaceX invests $2 billion in xAI to expand AI empire with Grok and X integration, raising valuation to $113 billion | Report | – The Times of India

alishpagda08@gmail.com2 months ago05 mins

In a major strategic move, Elon Musk’s aerospace firm SpaceX has invested $2 billion in his artificial intelligence startup, xAI. The merger of xAI with social media platform X earlier this year valued the combined company at $113 billion, according to reports. From the orbital ambitions of Starlink and SpaceX to the on-the-ground deployment of…

Motilal Oswal arm invests in API firm – The Times of India

alishpagda08@gmail.com6 months ago01 mins

MO Alternate Investment Advisors, a subsidiary of Motilal Oswal Financial Services, is investing up to Rs 460 crore for a majority stake in Megafine Pharma. The Sanghvi family, one of the founding promoter groups, also participated in the transaction, increasing their stake in the company, said a statement. Source link

NaBFID invests Rs 745 crore in NDR InvIT’s long-term bonds – Times of India

alishpagda08@gmail.com8 months ago03 mins

MUMBAI: The National Bank for Financing Infrastructure and Development (NaBFID) has invested Rs 745 crore in long-term bonds issued by NDR InvIT, the company said on Tuesday. NDR InvIT is an Infrastructure Investment Trust managed by NDR InvIT Managers and sponsored by NDR Warehousing Private Limited. These 15-year bonds, rated AAA/Stable by India Ratings (FITCH)…

KKR invests in Behrouz Biryani parent – Times of India

alishpagda08@gmail.com9 months ago01 mins

MUMBAI: Private equity giant KKR has invested in cloud kitchen startup Rebel Foods, which owns brands like Behrouz Biryani and Faasos. The deal amount was not disclosed but it is understood to be a secondary transaction conducted at a lower valuation of around $800 million. KKR said it will back the firm’s expansion. Source link

McDonald’s invests 0 million to bring back customers after E. coli outbreak

McDonald’s invests $100 million to bring back customers after E. coli outbreak

alishpagda08@gmail.com10 months ago02 mins

McDonald’s is investing $100 million to bring customers back to stores after an outbreak of E. coli food poisoning tied to onions on the fast-food giant’s Quarter Pounder hamburgers. The investments include $65 million that will go directly to the hardest-hit franchises, the company said. The US Centers for Disease Control and Prevention has said…