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Hacker Sriki Accused Of Stealing 60.6 Bitcoins Worth INR 1 Cr, Arrested

India, May 8 -- The Karnataka Police has arrested hacker Srikrishna alias Sriki in connection with a 2017 Bitcoin case registered in Tumakuru district. Sriki was arrested on charges of stealing 60.6 ... Read More


Atomgrid Bags Funding To Boost Specialty Chemicals Export

India, May 8 -- Atomgrid, a company which specialises in manufacturing and sourcing of specialty chemicals, has raised INR 10 Cr (around $1.2 Mn) in a seed funding round led by Merak Ventures. The ro... Read More


LTIMindtree, IBM Join Hands To Build GenAI Centre For India

India, May 8 -- Technology consulting and digital solutions company LTIMindtree has announced collaboration with tech giant IBM to set up a global, joint Generative AI Centre of Excellence (CoE) in In... Read More


Reengineered Tyre Startup REGRIP Nets Funding From SiriusOne Capital, Others

India, May 7 -- Reengineered tyre startup REGRIP has raised $2 Mn (INR 16.7 Cr) in an undisclosed funding round co-led by SiriusOne Capital, Inflection Point Ventures and LetsVenture. The round also ... Read More


D2C Luggage Brand ICON Bags Funding From DSG Consumer Partners

India, May 7 -- D2C luggage and travel accessories startup ICON has announced a $1.2 Mn (approx INR 10 Cr) seed funding led by DSG Consumer Partners with participation from a clutch of angel investors... Read More


Eyewear Startup QUE Ropes In Shikhar Dhawan As Investor

India, May 6 -- Eyewear brand QUE has roped in cricketer Shikhar Dhawan as an investor. In addition, Dhawan will also endorse the brand. Cofounded by Shashank Saurabh, Abhishek Deep and Kumar Vagish... Read More


KKR To Buy India's Medical Devices Firm Healthium Medtech From Apax Partners

India, May 6 -- Global private equity major KKR has agreed to acquire Bengaluru-based medical devices company Healthium Medtech Ltd from an affiliate of funds advised by Apax Partners LLP. However, t... Read More


DroneAcharya Bags Order From Alter Dynamics

India, May 3 -- Dronetech company DroneAcharya Aerial Innovations has bagged an order of drones worth INR 53 Lakh from Alter Dynamics & Artificial Intelligence. The drones will be used for the inspec... Read More


Ranjan Pai, Axis Bank In Talks To Invest In Gold Loan Startup Rupeek

India, May 3 -- Manipal Group chairman Ranjan Pai's investment office Claypond Capital and Axis Bank are in early discussions to invest in gold loan startup Rupeek. The round will likely see the valu... Read More


Go DESi Bags INR 41 Cr To Commercialise Age-Old Indian Treats, Confectionery Food Items

India, May 2 -- Go DESi, a startup which offers packaged Indian treats and sweets, has raised INR 41 Cr (around $4.9 Mn) in an undisclosed funding led by Aavishkaar Capital. The round also saw partic... Read More