Abu Dhabi Investment Authority (ADIA)

Pocket FM, an online audio streaming platform, is close to finalising a new fundraise which will likely catapult it into the unicorn club of privately held tech companies valued at $1 billion or more, according to people close the matter.The audio entertainment startup is in talks with the Abu Dhabi Investment Authority (ADIA) for its latest funding which is expected to value it around $1.2 billion, the people said. The latest funding talks come on the back of the Bengaluru-based company announcing on Wednesday that it…

Omnichannel eyewear retailer Lenskart is planning to open 300-400 stores in Southeast Asia over the next two years. The company currently has 70 stores in Singapore, and plans to expand into Thailand, followed by the Philippines, cofounder and CEO Peyush Bansal told ET in Helsinki on Thursday. He was in the Finnish capital to attend Slush 2023, an annual startup and technology ecosystem event organised in Helsinki, featuring founders and investors from all over the world.“There’s a lot to do in Asia now,” he said. “In…