Startup Funding

Exclusive: Cars24 Acquires CarInfo Ahead of Potential IPO

Cars24 is set to acquire vehicle management platform CarInfo in a Rs 118 crore deal, according to regulatory filings reviewed by MediaNama. The post Exclusive: Cars24 Acquires CarInfo Ahead of Potential IPO appeared first on MEDIANAMA .

Industry Trends

Kotak Bank Q3 Updates: Net advances jump 16% YoY to Rs 4.8 lakh crore, deposits rise 15%

Kotak Mahindra Bank reported robust Q3FY26 growth, with net advances rising 16% YoY to Rs 4.8 lakh crore and deposits increasing 15% to Rs 5.43 lakh crore. Sequentially, both advances and deposits saw steady improvement. CASA grew 12% YoY, while the stock remained resilient, delivering 19% returns over the past year. The numbers are provisional and part of Kotak Bank's quarterly updates. It will announce its detailed earnings later.

Industry Trends

The Race to Give AI Models Infinite Memory

Significant research is underway to improve LLMs’ memory, spanning major tech companies, research labs, and independent researchers. The post The Race to Give AI Models Infinite Memory appeared first on Analytics India Magazine .

Hiring News

Thyrocare Technologies appoints Rajdeep Panwar as its Chief Commercial Officer

Thyrocare Technologies Limited has appointed Rajdeep Panwar as its Chief Commercial Officer (CCO), strengthening the diagnostics company’s senior leadership as it looks to deepen customer engagement and scale operations across India. Panwar brings over two decades of experience in the healthcare and diagnostics sector, with a strong focus on commercial operations, multi-market expansion and large, multi-centre diagnostic management. Over his career, he has been involved in the launch and management of more than 200 diagnostic laboratories and has been part of the founding teams of two healthcare ventures. Before joining Thyrocare, Panwar served as Director at GHL Pharma & Diagnostics Ltd. (GHL–Medanta), where he played a key role in expanding Medanta Labs across North India. His earlier roles include leadership positions at Apollo Diagnostics, Johnson & Johnson and Dr. Lal PathLabs. Across these stints, he has worked on commercial strategy, business expansion, technical operations, ...

Startup Funding

Torrent Pharma to raise Rs 12,500 crore via issue of NCDs

Torrent Pharmaceuticals plans to raise Rs 12,500 crore through secured, rated NCDs via private placement. The fundraising follows committee approval and comes amid strong stock performance and robust earnings growth in the September quarter.

Industry Trends

Sundaram Alternates’ Real Estate Credit Fund V crosses Rs 1,000 crore within three months of launch

Sundaram Alternates (SA), the alternative investment arm of the Sundaram Finance Group, has announced that its SA Real Estate Credit Fund V has crossed Rs 1,000 crore in capital commitments within three months of its launch in October 2025. The firm claims that this is India’s first ESG-aligned real estate credit fund. The fundraise is still open and is expected to close by March 2026. The fund is targeting a final size of Rs 1,500 to Rs 2,000 crore. The fund has received commitments from a wide range of investors, including insurance companies, family offices, corporate treasuries, and ultra-high-net-worth individuals. The Sundaram Finance Group has also made a sponsor commitment. Karthik Athreya, Managing Director, Sundaram Alternates, said. "Crossing Rs 1,000 crores within three months reflects the confidence that investors place in our underwriting discipline and risk framework. This momentum reflects nearly a decade of sustained effort in building a robust risk management platf...

Industry Trends

Google and Microsoft tighten performance reviews

Google and Microsoft are reworking their employee appraisal frameworks, reinforcing a stronger link between performance ratings and rewards. The changes signal a broader shift across large technology firms toward more differentiated outcomes in pay, bonuses and equity distribution. Both companies continue to run annual performance reviews, but the emphasis on relative performance has intensified. At [...] The post Google and Microsoft tighten performance reviews appeared first on HR Katha .

Industry Trends

AIM x Snowflake Innovator Session: The Future of Work 2026

The session will examine how organisations are shifting from isolated tools such as chatbots to enterprise-grade AI agents. The post AIM x Snowflake Innovator Session: The Future of Work 2026 appeared first on Analytics India Magazine .