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Tsavorite Raises $5 Mn To Build Full-Stack AI Compute Platform

India, May 4 -- AI compute solutions provider Tsavorite has raised $5 Mn (about Rs.46.6 Cr) from Hyderabad-based VC firm Pavestone. The startup plans to use the funds to step up product development a... Read More


Centre Notifies 100% FDI In Insurance Sector

India, May 2 -- The Centre has allowed up to 100% foreign direct investment (FDI) in insurance companies under the automatic route, weeks after clearing the proposal at the Cabinet level. As per a go... Read More


Inside Fino Payments Bank's Troubles And Transition To A Small Finance Bank

India, May 1 -- Fino Payments Bank, which has been in choppy waters since the arrest of its CEO Rishi Gupta in February, saw its net profit slump 43% YoY to Rs.52.5 Cr in FY26. In the final quarter, Q... Read More


Ather CEO Tarun Mehta Slams Centre's 'No Startups' PLI Stance

India, April 30 -- Ather Energy cofounder and CEO Tarun Mehta has criticised the government's stance on excluding startups from the production-linked incentive (PLI) scheme for automobiles and auto co... Read More


Ather CEO Tarun Mehta Criticises Centre's 'No Startups' PLI Stance

India, April 30 -- Ather Energy cofounder and CEO Tarun Mehta has criticised the government's stance on excluding startups from the production-linked incentive (PLI) scheme for automobiles and auto co... Read More


MeitY Warns VPN Firms Over Enabling Access To Illegal Betting Platforms

India, April 29 -- The Ministry of Electronics and Information Technology (MeitY) has issued an advisory urging VPN service providers and intermediaries to stop enabling access to blocked online betti... Read More


Optimized Electrotech Raises Rs.35 Cr To Expand Into Space Imaging

India, April 29 -- Deeptech startup Optimized Electrotech has raised Rs.35 Cr (about $3.7 Mn) in a funding round led by Exfinity Ventures, with participation from Blume Ventures, Mela Ventures and Ven... Read More


Snabbit Raises $56 Mn To Deepen Quick Home Services Playbook

India, April 28 -- Quick home services startup Snabbit has raised $56 Mn (about Rs.527 Cr) in its Series D round co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments and Bertelsmann ... Read More


Eternal Q4: Blinkit's Adjusted EBITDA Jumps 9X QoQ To Rs.37 Cr

India, April 28 -- Eternal's quick commerce arm Blinkit reported a sharp sequential improvement in profitability in the March quarter, with its adjusted EBITDA surging over 9x QoQ to Rs.37 Cr from Rs.... Read More


Ahead Of IPO, Kissht Cofounders Bought Shares Worth Over Rs.400 Cr

India, April 27 -- The cofounders of IPO-bound OnEMI Technology Solutions, the parent of lending tech startup Kissht, acquired shares worth over Rs.400 Cr from existing investors via secondary transac... Read More