IIFL Home Finance plans its first retail fundraise in three years to diversify its liabilities. Filing a draft prospectus to raise up to Rs 3,000 crore, it aims for an initial fundraise of Rs 300-500 crore this quarter. The strategy follows RBI’s move to limit NBFCs’ bank borrowing, impacting their usual funding sources.
Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market
CEREBRAS-IPO/ (UPDATE 3)UPDATE 3-Cerebras reveals revenue surge in US IPO filing, aims to challenge Nvidia in AI chip market