Ashneer Grover

Ashneer Grover plans a new startup!

On the condition of anonymity, two persons with direct knowledge of the situation stated that former BharatPe chief executive and co-founder Ashneer Grover is in negotiations with US-based family offices and offshore private equity investors to finance $200-300 million for a new venture. Grover is now in the United States. While it is unclear in […]

Continue Reading
ISMC

ISMC to invest $3 billion in Karnataka to set up India’s first chip-making plant

The state government said on Sunday that the international semiconductor consortium ISMC, a joint venture between Abu Dhabi-based Next Orbit Ventures and Israel’s Tower Semiconductor, will spend $3 billion in Karnataka to build India’s first chip-making factory. The declaration implies that the government’s incentive system to turn India into a semiconductor hub is starting to […]

Continue Reading