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SIDBI Venture Capital announces Rs.1,005 crore first close for spacetech fund

New Delhi, Nov. 17 -- SIDBI Venture Capital (SVCL), the Small Industries Development Bank of India's venture capital subsidiary, has made the first close of Rs.1,005 crore for its spacetech-focused An... Read More


Mint Explainer: What the new data privacy law means for India's startups

New Delhi, Nov. 15 -- India's Digital Personal Data Protection (DPDP) Act, 2023, was brought into effect on Friday as the ministry of electronics and IT (Meity) notified the rules and set up a four-me... Read More


Edtech company upGrad pushes big ticket courses in expansion of offline centres to 40 this fiscal

New Delhi, Nov. 13 -- Upskilling and higher education platform upGrad is scaling up its offline learning push with plans to increase 11 pilot centres it has to 40 by the end of the financial year, acc... Read More


TVS Capital joins the search for AI-powered IT disruptor

New Delhi, Nov. 4 -- TVS Capital Funds, which backs growth-stage startups, is targeting enterprise technology and services companies with its latest fund, according to a top executive, joining the rac... Read More


Bessemer chases AI startup that could disrupt India's IT sector

New Delhi, Oct. 28 -- Bessemer Venture Partners is eyeing pre-seed, seed, and early-stage investments in artificial intelligence companies that aim to disrupt India's $283-billion information technolo... Read More


Founder Pitti leads $17.5 mn round at Optimo; Blume, Omnivore participate

New Delhi, Oct. 28 -- Loan-against-property lender Optimo Capital has raised $17.5 million in a new round of funding led by the startup's founder Prashant Pitti with participation from existing invest... Read More


Accel, Prosus to co-invest $1 million each in startups under new Atoms X accelerator

New Delhi, Oct. 27 -- Global investment firms Prosus and Accel will each provide $1 million to very early-stage companies that are part of Accel's new Atoms X accelerator. Atoms is Accel's pre-seed a... Read More


AI startup Uniphore raises $260 million in Series F from Nvidia, AMD, Snowflake, Databricks

New Delhi, Oct. 23 -- Artificial intelligence (AI) for business platform Uniphore has raised $260 million in a Series F round from global tech majors such as Nvidia, AMD, Snowflake, and Databricks, ta... Read More


UnifyApps raises $50 Million from WestBridge Capital in Series B round

New Delhi, Oct. 22 -- UnifyApps, an enterprise-focused artificial intelligence startup, has raised $50 million in a Series B round led by WestBridge Capital with participation from ICONIQ and Lowe's V... Read More


How Antler India is fast-tracking the next wave of AI startups

New Delhi, Oct. 21 -- Early-stage venture capital firm Antler India is looking to back six to eight of the 26 startups that participated in its recently concluded AI residency programme, designed to h... Read More