Startups
- STARTUPSSTARTUPS · 1 min
IndiGo Q4 preview: Can India’s biggest airline weather fresh turbulence?
IndiGo, India’s largest airline, is set to release its March-quarter earnings amid mounting challenges including rising fuel prices, disruptions in Gulf ai…
28 May, 01:23 pm IST - STARTUPSSTARTUPS · 1 min
Vertu wants CEOs to run companies from an AI foldable starting at $6,880
Vertu has launched an AI-powered foldable smartphone aimed at CEOs, priced starting at $6,880, according to techcrunch.com.
28 May, 01:23 pm IST - STARTUPSSTARTUPS · 2 min
Ample cash and stable wallet share: Mphasis’ two key watch points
Mphasis Ltd’s board of directors has emphasized two priorities for the company amid rapid changes in the IT sector driven by artificial intelligence: maint…
28 May, 11:23 am IST - STARTUPSSTARTUPS · 2 min
Development Bank of Japan makes maiden realty investment in India with HDFC Capital
Development Bank of Japan Inc. (DBJ) has made its first real estate investment in India by committing capital to the HDFC Capital Development of Real Estat…
28 May, 11:23 am IST - STARTUPSSTARTUPS · 2 min
Inc42’s AI Summit Is Here, PhysicsWallah’s Mixed Q4 & More
Inc42’s AI Summit is set to take place today at Bengaluru’s Sheraton Grand, bringing together over 600 founders, CXOs, investors, and builders from India’s AI ecosystem, according to inc42.com.
28 May, 08:10 am IST - STARTUPSSTARTUPS · 2 min
In more good news for Amazon, Snowflake signs $6B deal with AWS for AI CPU chips
Snowflake has signed a $6 billion deal with Amazon Web Services (AWS) to purchase AI CPU chips, according to techcrunch.com.
28 May, 02:10 am IST - STARTUPSSTARTUPS · 2 min
Swiggy Signals Reattempt At IOCC Approval After Shareholder Pushback
Swiggy has indicated it will reattempt to secure shareholder approval to amend its Articles of Association (AoA) to become an Indian-Owned and Controlled C…
28 May, 12:10 am IST - STARTUPSSTARTUPS · 2 min
With a new $100M raise, Princeton’s Thea Energy is now a top-funded fusion startup
Princeton-based fusion startup Thea Energy has secured $100 million in new funding, elevating it to one of the top-funded companies in the fusion energy sector, according to techcrunch.com.
28 May, 12:10 am IST - STARTUPSSTARTUPS · 2 min
Coal India OFS subscribed over 8 times on day 1; govt to exercise greenshoe option
The government’s offer-for-sale (OFS) of Coal India shares was subscribed more than eight times on the first day, drawing bids worth over eight times the shares on offer, according to livemint.com.
27 May, 10:10 pm IST - STARTUPSSTARTUPS · 2 min
Altimeter Capital Partially Exits Pine Labs Via ₹211 Cr Block Deal
US-based venture capital firm Altimeter Capital sold 1.56 crore shares in fintech company Pine Labs in a block deal worth ₹211.08 crore, according to BSE data cited by inc42.com.
27 May, 10:10 pm IST - STARTUPSSTARTUPS · 1 min
ClickHouse triples anualized revenue to $250M, charting a path toward an IPO
ClickHouse has tripled its annualized revenue to $250 million, positioning itself for a potential initial public offering, according to techcrunch.com.
27 May, 08:10 pm IST - STARTUPSSTARTUPS · 2 min
Electrical Components Manufacturer TIEA Connectors Raises ₹77 Cr
Electrical components manufacturer TIEA Connectors has raised ₹77 crore (about $8 million) in a Series A funding round led by IvyCap Ventures, with partici…
27 May, 03:24 pm IST - STARTUPSSTARTUPS · 2 min
Airbnb-backed WeRoad raises $58M to take its group travel platform to the US
Airbnb-backed group travel platform WeRoad has raised $58 million in a funding round to expand its services into the US market, according to techcrunch.com.
27 May, 03:23 pm IST - STARTUPSSTARTUPS · 2 min
Growth-Stage VC Firm Physis Capital Closes Maiden Fund at ₹400 Cr
Growth-stage venture capital firm Physis Capital has closed its maiden fund at ₹400 crore ($48 million), about four years after its launch, according to inc42.com.
27 May, 03:23 pm IST - STARTUPSSTARTUPS · 2 min
DS Group brings British chain Ben’s Cookies to India to cater to Gen Z and millennials
The Dharampal Satyapal Group (DS Group) has partnered with British cookie chain Ben’s Cookies to launch the brand in India, with an initial rollout of seve…
27 May, 01:24 pm IST - STARTUPSSTARTUPS · 2 min
India’s Sovereign AI Reality Check
India’s sovereign AI ambitions have faced challenges despite early momentum, with Krutrim, the country’s first AI unicorn, launching a family of large lang…
27 May, 11:24 am IST - STARTUPSSTARTUPS · 2 min
D2C In Repricing Mode, Aequs Bleeds In Q4 & More
Indian direct-to-consumer (D2C) brands are facing significant margin pressures due to rising costs linked to crude oil price spikes and supply chain disruptions, according to inc42.com.
27 May, 09:23 am IST - STARTUPSSTARTUPS · 1 min
Others open their wallets for buybacks. Cognizant turned to credit.
Cognizant has increased its share buyback program to $2 billion, doubling the initial $1 billion plan announced earlier this year, according to a Nasdaq filing on May 18 (livemint.com).
27 May, 07:23 am IST - STARTUPSSTARTUPS · 1 min
Himalaya Wealth launches ₹500 crore SME fund to back manufacturing, deeptech firms
Himalaya Wealth Managers has launched a ₹500 crore alternative investment fund (AIF) focused on small and medium enterprises (SMEs) in manufacturing and deeptech sectors, according to livemint.com.
27 May, 07:23 am IST - STARTUPSSTARTUPS · 1 min
OpenRouter more than doubles valuation to $1.3B in a year
OpenRouter has more than doubled its valuation to $1.3 billion within a year, according to techcrunch.com.
27 May, 01:23 am IST