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Mohit Bhalla

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Banking, Fintech & Insurance 16 Oct 2026, 03:19 AM IST

Prem Watsa Says India Is Set to Join Global Capital’s AI and Data Centre Boom

Canadian billionaire Prem Watsa said India is poised to move higher on global investors’ priority lists as capital floods into data centres and artificial intelligence in the United States. His remarks come as the Indian government approved the divestment of a majority stake in IDBI Bank to Fairfax Financial Holdings, underscoring his long-term conviction in India’s economic trajectory. Watsa framed the investment as part of a broader bet on the country’s financial and growth story, not merely a standalone banking transaction.

By RDU Global Wire5 min read
Startups & Venture Capital16 Oct 2026, 02:18 AM IST

Peak XV Signals Bigger Bets on Ambitious Indian Startups as AI Expands Global Opportunity

Peak XV Managing Director Mohit Bhatnagar said the venture capital firm is increasingly prepared to back more ambitious, higher-risk startups as Indian founders use artificial intelligence to build companies with global reach. Speaking at TechSparks 2026, he framed the shift as part of a broader evolution in India’s startup ecosystem, where technical depth and market ambition are rising together.

5 min readRead →

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