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AI Startup Myelin Foundry Raises Rs.48 Cr From ASM Technologies

India, Feb. 20 -- AI startup Myelin Foundry is raising Rs.48 Cr (around $5.3 Mn) from listed digital services provider ASM Technologies. In an exchange filing, ASM Technologies said that its board ap... Read More


General Catalyst To Invest $5 Bn In Indian Startups

India, Feb. 20 -- US-based venture capital firm General Catalyst plans to invest $5 Bn (around Rs.45,483 Cr) in Indian startups over the next five years. The VC firm made the announcement at the ongo... Read More


Crypto Unicorn CoinDCX Announces Rs.111 Cr ESOP Buyback

India, Feb. 19 -- Crypto startup CoinDCX has announced its "largest-ever" ESOP (employee stock ownership plan) liquidity event, amounting to Rs.111 Cr. The buyback will provide liquidity to over 500 c... Read More


Stable Money Nets $25 Mn To Fuel Product Portfolio Expansion

India, Feb. 18 -- Bengaluru-based wealthtech startup Stable Money has secured $25 Mn (around Rs.226.8 Cr) in a Pre-Series C funding round led by Peak XV Partners. Besides, existing investors Z47, RTP ... Read More


L&T, NVIDIA Join Forces To Build Gigawatt-Scale AI Data Centre In India

India, Feb. 18 -- Indian infrastructure giant L&T (Larsen & Toubro) has partnered with US chipmaker NVIDIA to build and scale a gigawatt-scale AI data centre infrastructure in India. The proposed vent... Read More


[Update] SC Dismisses BYJU'S Bid To Stall Aakash's Rs.240 Cr Rights Issue

India, Feb. 18 -- Update | February 18, 14:36 IST A day after BYJU'S approached the Supreme Court (SC) challenging Aakash's rights issue, the apex court has reportedly set aside the plea, allowing AE... Read More


Semiconductor Startup Vervesemi Nets $10 Mn To Scale Product Commercialisation

India, Feb. 18 -- Fabless semiconductor startup Vervesemi has raised $10 Mn (around Rs.90.7 Cr) in its Series A funding round led by ace investor Ashish Kacholia and Unicorn India Ventures, with parti... Read More


Exponent Energy Forays Into EV Financing With Exponent One

India, Feb. 17 -- EV rapid charging startup Exponent Energy has forayed into EV financing category with the launch of a subsidiary 'Exponent One' to offer financing solutions for commercial EV operato... Read More


BYJU'S Contests NCLAT Approval To Aakash's Rs.240 Cr Rights Issue

India, Feb. 17 -- BYJU'S parent Think & Learn Pvt Ltd (TLPL) has reportedly sought the Supreme Court (SC), challenging the order of National Company Law Appellate Tribunal (NCLAT), permitting Aakash E... Read More


Equirus Marks Final Close Of Maiden Early Stage VC Fund At Rs.166 Cr

India, Feb. 17 -- Financial services company Equirus Group has announced the final close of its maiden early-stage venture capital (VC) fund, Equirus InnovateX Fund, at Rs.166 Cr ($18.3 Mn). The compa... Read More