
Elevation Capital Closes $500 Million Fund IX To Bet Big On India's AI Application Layer
Elevation Capital has closed a $500 million Fund IX to back early-stage Indian startups in the AI application layer.

Elevation Capital has closed a $500 million Fund IX to back early-stage Indian startups in the AI application layer.

Ather Energy's board has approved a ₹1,200 crore fundraise led by Hero MotoCorp and the India-Japan Fund to fund its Factory 3.0 expansion.

Jio Platforms has filed its DRHP with SEBI for a ~₹37,700 crore fresh-issue IPO, positioning it to become India's largest-ever public listing.

Sensex and Nifty remain range-bound as domestic institutional buying continues to offset persistent FII selling amid currency and global uncertainty.

Reliance Retail posted Q1FY27 revenue of ₹90,408 crore, up 7.4% YoY, even as EBITDA dipped 1.1%, reflecting a quarter of steady, format-optimised growth.

HDFC AMC posted Q1 FY27 net profit of ₹837 crore, up 12% YoY, with AUM crossing ₹9.3 lakh crore and retail investors driving 69% of AUM.

Raymond Realty has signed a ₹8,500 crore JDA for a premium residential project in Parel, Mumbai, marking its entry into South Mumbai and lifting portfolio GDV to ₹52,000 crore.

Reliance Industries posted Q1FY27 consolidated revenue of ₹3.4 lakh crore, up 24.5% YoY, powered by record O2C revenue and strong Jio and Retail performance.

Steel Strips Wheels posted its highest-ever quarterly revenue in Q1 FY27, with consolidated net profit up 47% YoY and EBITDA margins expanding.

Aurrevia has launched its Category III AIF with a $10 million anchor commitment from the Kothari Family Office via Aarii Ventures.