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Oxyzo Secures INR 100 Cr Debt from AK Capital to Strengthen Financial Position
The fintech division of OfBusiness, Oxyzo, has obtained debt investment from AK Capital totaling INR 100 crore, or around $11.5 million. This calculated action seeks to improve the company’s financial...
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Bajaj Auto’s Investment in KTM’s Parent Firm: A Takeover in the Making?
An important step has been taken by Bajaj Auto, a major player in the Indian two-wheeler market, to improve ties with KTM. In order to strengthen its position in the premium motorcycle market, the...
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Delhi High Court Denies Urgent Hearing on DeepSeek AI Ban
In a major move, a Public Interest Litigation (PIL) to prevent access to the Chinese AI platform DeepSeek in India was denied an early hearing by the Delhi High Court. The case has now been moved to a...
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Chai Point Plans to Go Public by 2026: A Tea Revolution Brewing
By mid-2026, Chai Point, one of the most well-known tea café chains in India, plans to go public on the stock exchange. Co-founder Tarun Khanna recently revealed the company’s ambitious development...
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Walmart-Backed PhonePe Gears Up for a $15 Bn IPO
The biggest digital payments company in India, PhonePe, is making significant progress toward its much awaited initial public offering (IPO). Supported by Walmart, the fintech behemoth has begun its...
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Darwinbox in Talks to Raise $150 Mn, Nears $950 Mn Valuation
Darwinbox, an HR technology platform based in Hyderabad, is once again in the news since it is reportedly in negotiations to raise $120-150 million (about INR 1,045 crore) in a new fundraising round....
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Wipro Pumps $200M into Wipro Ventures to Fuel AI, Cybersecurity, and Cloud...
Wipro Limited has announced a new $200 million investment into its strategic investment arm, Wipro Ventures, further solidifying its dedication to promoting technological innovation. This funding...
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upGrad Unveils Rs 100 Cr AI Incubator to Boost India’s AI Startups
With the introduction of the upGrad AI Incubator, Mumbai-based edtech unicorn upGrad has made significant progress in developing India’s artificial intelligence (AI) ecosystem. Through the provision of...
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Moglix Secures $12.3 Mn from Singapore Parent Amid Plans for India Domicile...
The parent firm of Moglix, a well-known business-to-business e-commerce site that specializes in industrial tools and equipment, has invested INR 107.58 crore, or roughly $12.3 million. The company is...
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India Starts Exporting Apple Components to China and Vietnam
By starting to export Apple product components, such AirPods and MacBook parts, to China and Vietnam, India has made significant strides in the electronics manufacturing industry. This is a substantial...
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India Must Invest in AI Models & Talent to Stay Competitive: Aravind Srinivas
India’s artificial intelligence (AI) landscape is at a crossroads. While the government is ramping up efforts to develop large language models (LLMs) under the IndiaAI Mission, a debate is unfolding...
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Technicolor India’s Sudden Shutdown: A Major Blow to 3,000+ Employees
In a shocking turn of events, Technicolor India, a leading visual effects (VFX) and animation studio, has announced the closure of its operations in Bengaluru and Mumbai. This move comes as part of a...
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Weekly Startup Funding News: Indian startups raised $88 Mn; from FanTV to Hornet
February ended on a gloomy note for Indian startups as investor sentiment weakened due to global geopolitical tensions, disinterested foreign institutional investors, and uneven consumer spending. In...
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Weekly Business Updates: From Technicolor India Shutdown to India’s AI Strategy
A flurry of events is taking place in the Indian tech environment, from the startling collapse of Technicolor India to PhonePe’s exciting IPO aspirations and contentious discussions on AI development....
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Byju’s, Riju Ravindran, Camshaft Capital held liable for $533 Mn fraud in...
Byju’s, India’s once-famous edtech behemoth, is involved in yet another issue. According to a U.S. bankruptcy court, Byju’s, its director Riju Ravindran, and hedge fund Camshaft Capital conspired to...
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India’s Startup Funding (Feb 26 – Mar 2, 2025): $93M Raised Across 20 Startups
With 20 firms raising over $93.18 million, India’s startup scene has seen yet another exciting week. The most recent investment rounds show investors’ increasing confidence across a wide range of...
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CredResolve Secures $1.1 Mn to Revolutionize Debt Recovery with AI
Debt recovery in India is undergoing a massive transformation, and CredResolve is at the forefront of this change. The Gurugram-based AI-driven collections platform has secured $1.1 million in a seed...
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Coffee Day Enterprises Surges 20% After NCLAT Ruling in Its Favor
On March 3, 2025, Coffee Day Enterprises’ shares surged 20%, reaching the upper circuit at Rs 25.65 per. This dramatic gathering comes after the Chennai bench of the National Company Law Appellate...
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InsuranceDekho Raises $70 Mn to Expand Footprint and Tech Capabilities
The insurance tech giant InsuranceDekho has raised $70 million (about INR 611 crore) in an unannounced investment round, marking a big step to strengthen its position in the market. Current investors...
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Purplle Secures INR 99.88 Cr Internal Capital Amid IPO Buzz
Mumbai-based beauty ecommerce unicorn Purplle has secured INR 99.88 Cr (approximately $11.43 Mn) from its parent company, Manash E-commerce Private Limited. This internal cash transfer, revealed...
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