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Jensen Huang exits Nvidia after 33 years; Kia India plans $2B investment in Andhra Pradesh

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Jensen Huang exits Nvidia after 33 years; Kia India plans $2B investment in Andhra Pradesh

It's the end of an era at Nvidia. Co-founder Jensen Huang has stepped down as CEO after 33 years at the helm, following a turbulent week of controversy and board probes. More on Huang's sudden exit, the interim leadership and what comes next for the AI chip giant below.

After high-profile Indian public listings from portfolio giants like Swiggy and Amagi Media Labs, global investment firm Norwest has just closed its largest fund with a war chest of $4 billion. With its 18th fund, the 65-year-old firm is doubling down on its multi-stage strategy across India, the US, and Israel. The fund will back technology, healthcare and consumer businesses, from early-stage startups to companies preparing for public listings.

Closer home, CommonFloor co-founder Vikas Malpani reflects on why the company's $200 million acquisition by Quikr felt more like a loss than a victory. Rather than taking on advisory roles, he decided to start from scratch to launch social platform Leher before establishing Garvik AI. As the CEO of Garvik AI, he uses AI across sectors such as banking, edtech and real estate. 

Meanwhile, a year after Lenskart's IPO, co-founder and CEO Peyush Bansal says the company has yet to fulfil its original mission of making clear vision accessible to everyone. In a LinkedIn post, Bansal announced that Lenskart would stop charging extra for blue-light filtering lenses and offer prescription glasses to 100,000 children for a Rs 199 fitting fee. “What we have done is not enough,” he said.

Lastly, Mumbai-based investment manager ValueQuest Investment Advisors has made a total commitment of Rs 775 crore to three Indian businesses in defence technology , precision engineering, and power infrastructure.


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