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COFO 28

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

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Last Updated: Just Now
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National Governance & Policy Just now (07:47 PM IST)

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By RDU Global Wire5 min read
Banking, Fintech & Insurance2h ago

Insurtech Rout Wipes $3.6 Billion Off India's New-Age Tech Stocks as Commission Cap Fears Jolt Investors

India's listed new-age technology companies lost a combined $3.6 billion in market value this week as a steep sell-off in insurtech names, led by PB Fintech and Turtlemint, overshadowed gains in select SaaS, mobility and logistics counters. The decline came as investors weighed the likely impact of the insurance regulator's proposed commission caps, even as IPO activity remained active with Moneyview, AceVector and Spinny advancing public market plans.

7 min readRead тЖТ
Markets, IPOs & Wealth3h ago

Moneyview IPO Subscribed 6.01 Times on Day 2 as Retail and NII Demand Accelerates

Digital lender Moneyview's Rs 1,092 crore initial public offering drew strong investor interest on the second day of bidding, with overall subscription reaching 6.01 times by the close of trading on September 25. Demand was led by non-institutional investors and retail buyers, while qualified institutional buyers remained largely absent from the book at that stage.

5 min readRead тЖТ
Markets, IPOs & Wealth2h ago

True North Buys Minority Stake in IPO-Bound InMobi in $50-60 Mn Deal

Private equity firm True North has reportedly acquired a minority stake in adtech and commerce company InMobi through a secondary transaction valued at about $50-60 million, according to a Livemint report. The deal, which includes a small primary component, comes as InMobi accelerates preparations for a public listing in India and continues reshaping its cap table ahead of a potential IPO.

5 min readRead тЖТ
National Governance & Policy3h ago

India's Enterprises Race to Build the AI Infrastructure Backbone Before Scale Breaks the System

As enterprise India accelerates AI adoption, leaders are confronting a harder reality: pilots may work in isolation, but production at scale exposes weak data pipelines, rising cloud bills and brittle infrastructure. At an Inc42-Oracle CTO Dialogues roundtable, technology leaders argued that the real challenge is not just compute, but engineering discipline, governance and clear business outcomes.

5 min readRead тЖТ
Startups & Venture Capital3h ago

CodeKarma in Talks to Raise $5 Mn-$6 Mn From Prosus, Accel as AI Dev Tools Heat Up

Enterprise tech startup CodeKarma is in discussions to raise between $5 million and $6 million in a fresh funding round led by existing backers Prosus and Accel, according to sources. The proposed financing comes just over a year after the Bengaluru-based startup's $2.5 million pre-seed round and amid rising investor appetite for software-development tools built for the AI era.

5 min readRead тЖТ
Markets, IPOs & Wealth4h ago

Centre Weighs Rs 20,000 Crore Frontier AI Fund to Build India's Compute Backbone

The Centre is considering an anchor investment of Rs 15,000 crore to Rs 20,000 crore in a proposed National Frontier AI & Compute Fund, a move that could significantly expand India's AI financing and infrastructure base, according to a report. The fund is being designed to support frontier AI companies, finance GPU clusters and specialised data centres, and attract private capital through a possible 50:50 public-private model.

5 min readRead тЖТ

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Corporations, startups, regulatory bodies, central banks, ministries and judicial courts. All news mentioning this entity is automatically verified and aggregated into this live intelligence dossier.

Co-Occurring Entities

Entities frequently referenced alongside COFO 28: