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India's new AI law decoded; Navi eyes $2 billion valuation

News publishers in India have been seeking changes to the information technology rules to ensure fair compensation for the use of their content by generative AI models. The Digital News Publishers Association (DNPA) grouping has sent a letter and made representations to the ministries of electronics and information technology, and information and broadcasting, seeking protection from likely copyright violations by AI models, ET reported in January.

France , New-york , United-states , Bombay , Maharashtra , India , Kerala , Ashwini-vaishnaw , Sachin-bansal , Suparna-mitra , Arjun-prasad , Vishnu-vardhan

Sachin Bansal Navi Tech: Sachin Bansal's fintech Navi in talks to raise new funding at $2 billion valuation: sources

The $2-billion valuation Navi is seeking is lower than the previous funding discussions it had with investors. These discussions also come after Navi had filed for an IPO which had been approved by Sebi.

India , Lucknow , Uttar-pradesh , Svatantra-microfin , Sachin-bansal , Offering-college , Walmart , Bansal-navi-group , Indian-school-of-business , Technology-leadership , Programme-in-fintech , Navi-technologies

MC Exclusive: Navi open to external investment for acquisitions, cash cushion for uncertain times: Sachin Bansal

Bansal says Navi is preparing for an IPO in 24 months. The previous attempt was abandoned due to market volatility arising due to macro conditions

Russia , India , Ukraine , Russian , Svatantra-microfin , Sachin-bansal , Chaitanya-india-fin-credit , Ananya-birla-led-svatantra-microfin , Non-convertible-debentures ,

Sachin Bansal's Navi eyes fundraise; Byju's seeks arbitration in investor battle

Sachin Bansal-promoted Navi Technologies is in the market to secure external funding at a valuation of around $2 billion. Details of this and more in todays ETtech Top 5.

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Sachin Bansal's Navi in slow lane; New Year spike for health, wellness D2C brands

Sachin Bansals fintech venture Navi had big ambitions to digitally disrupt the financial services sector, but two of its flagship products have not been able to shore up much traction. This and more in todays ETtech Morning Dispatch.

Bengaluru , Karnataka , India , Hyderabad , Andhra-pradesh , Chennai , Tamil-nadu , Phil-fersht , Anand-mahindra , Ankur-khaitan , Bhupinder-singh , Ravi-kumar

Ananya Birla's Svatantra Microfin to rope in a PE investor soon

Ananya Birla's Svatantra Microfin to rope in a PE investor soon
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Ananya Birla: Svatantra Microfin completes acquisition of Chaitanya India Fin Credit

Svatantra Microfin has completed the acquisition of Navi Group's subsidiary, Chaitanya India Fin Credit, making it the second largest NBFC-MFI in India. The deal, valued at Rs 1,479 crore, was announced in August. The acquisition is positive for the microfinance sector and Svatantra, as it gives strategic outreach in South India.

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