Capillary Technologies India’s stock has fallen 35% from its peak due to AI threats and a muted December quarter. The company, which offers a SaaS platform for customer engagement, faces potential revenue and profit contraction. Despite management’s optimism about AI’s role in analytics and campaign management, investors are concerned about its impact on the business model.
SBI Funds raises Rs 1,655 crore in a pre-IPO placement
SBI Funds Management secured ₹1,655 crore from investors before its IPO. This pre-IPO share sale occurred ahead of the company’s upcoming public offering. The asset