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Meesho Marks First Close Of Larger Funding Round At $275 Mn

India, May 11 -- Ecommerce platform Meesho has reportedly closed a $275 Mn funding round through a mix of primary and secondary share sales. As per an ET report, a regulatory submission to the US Sec... Read More


Majority Of Manufacturers Qualified Under Revised PLI Scheme To Start Production This Year

India, May 11 -- Majority of manufacturers eligible under the revised production-linked incentive scheme for IT hardware are expected to commence production this year. "About 17 out of 27 PLI compani... Read More


Govt Inks MoU With Mahindra Group To Skill 500 Women In Drone Operation

India, May 11 -- The union government has signed a memorandum of understanding (MoU) with Indian conglomerate Mahindra & Mahindra (M&M) to conduct two pilot projects under the Centre's ambitious "Dron... Read More


Months After Ban, Binance & Kucoin Get FIU Nod To Operate In India

India, May 11 -- Currently banned by the Indian government, crypto exchange Binance has reportedly received approval from the Financial Intelligence Unit (FIU) of the finance ministry to operate as a ... Read More


Bhavish Aggarwal Vs LinkedIn: Ola To Stop Using Microsoft Azure, Migrate To Krutrim AI Cloud

India, May 11 -- Bhavish Aggarwal, the founder of unicorn startups Ola Cabs, Ola Electric, and Krutrim AI, on Saturday (May 11) said that Ola would stop using Microsoft's cloud computing platform Azur... Read More


Exclusive: D2C Sneaker Brand Comet To Raise Series A Funding From Elevation Capital, Nexus

India, May 11 -- Bengaluru-based D2C sneaker brand Comet is in advanced stages of discussions with Elevation Capital and Nexus Venture Partners to raise Series A funding, sources told Inc42. "The rou... Read More


National Technology Day: What's Fabricating In India's Semiconductor Space?

India, May 11 -- From advancements in artificial intelligence (AI) to streamlining digital payments through the development of the Unified Payments Interface (UPI), and now, endeavours to foster a rob... Read More


UP Govt Aims To Integrate AI In Farming, Bolster Agritech Startups

India, May 11 -- The Uttar Pradesh government has reportedly joined forces with the stakeholders of the local agriculture industry to bolster agritech startups and integrate artificial intelligence (A... Read More


Homegrown GenAI Chatbot 'Hanooman' Goes Live In 98 Languages

India, May 11 -- Homegrown generative AI (GenAI) chatbot 'Hanooman' has officially gone live in as many as 98 languages, including 12 Indian languages. The chatbot will be available in vernacular med... Read More


From Atlan To Lendingkart - Indian Startups Raised $220 Mn This Week

India, May 11 -- Investment activity in the Indian startup ecosystem was a low-key affair this week as compared to the previous six-day period. Between May 6 and 11, startups cumulatively raised $220.... Read More