Goldman Sachs Bank acquired shares worth about ₹210 crore in Billionbrains Garage Ventures, the parent company of stockbroker Groww, through an open-market transaction on June 4. The bank purchased 1.13 crore equity shares from Friale Fund at ₹185.5 per share. Following the deal, Billionbrains Garage Ventures shares rose 0.67% to ₹190.16 on the National Stock Exchange.

US fintech startup Ramp has raised $750 million in a new funding round, boosting its valuation to $44 billion from $32 billion in November. Founded in 2019, Ramp provides corporate cards and payment solutions. Highlighting the company's rapid expansion, CEO Eric Glyman said Ramp is growing as fast as it was three years ago despite being nearly 20 times large.

Perplexity CEO Aravind Srinivas said the company's AI-powered answer engine, Computer, will enable users to build and run entire businesses from scratch. He noted that Computer connects to over 400 business tools, creates a team of agents, and can use up to 20 different AI models. Srinivas added that anyone with a business idea can now build fast-growing companies.

Ola Electric Mobility has raised ₹500 crore through a Qualified Institutional Placement (QIP), with bids worth ₹780 crore, resulting in an oversubscription of 56%. A QIP allows listed companies to raise funds by issuing shares to qualified institutional buyers such as mutual funds and insurance firms. The company approved a floor price of ₹37.74 per equity share for the issue.

A study by National Foundation for American Policy (NFAP) found that Indian immigrants have founded or co-founded 96 of the US' 775 privately held unicorn startups, cumulatively valued at nearly $5 trillion. This means about 12% of all US unicorns have at least one Indian immigrant founder. India leads the list of immigrant-founded unicorns, followed by Israel with 61 founders.

IPO-bound PhysicsWallah said that it has rolled back its plans to lend to students directly and will instead partner with regulated non-banking financial companies (NBFCs) to offer education loans, as per an exchange filing. The revised approach aims to reduce balance sheet and credit-related risks. This comes weeks after it announced a ₹120-crore investment in FinZ Finance Private Limited.

Indian health-tech wearable startup Ultrahuman has confirmed a data breach that allowed hackers to access the wellness data of some users. The company told TechCrunch that hackers gained entry to its systems using login credentials stolen from an employee's infected laptop. Ultrahuman said the wellness data of about 0.1% of its users was accessed in the incident.

Uber has committed to invest around $500 million in self-driving startup Nuro, Reuters reported, citing sources. The firm had earlier said it was planning a multi-hundred-million dollar investment in Nuro and had participated in a funding round where the startup raised about $203 million. Uber has since invested an undisclosed amount in Nuro and plans additional investment, the sources added.

Drone manufacturer ideaForge's board approved raising up to ₹500 crore through various avenues, the firm announced. The firm said the fundraise can be undertaken through one or more approved procedures including preferential allotment, private placement or qualified institutional placement (QIP). The company reported a net profit of ₹60 crore for March quarter as its revenue surged to ₹141 crore.

The government agency CERT-In has issued a warning to Microsoft Office users about a security flaw CVE-2026-45659, allowing hackers to take over the system through infected documents. The agency noted remote code execution vulnerability in Microsoft Office components due to deserialisation of untrusted data. CERT-In urged users to update all the Office apps at earliest.