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Defence Electronics Firm CoreEL Technologies Raises $30 Mn

India, Dec. 23 -- Bengaluru-based aerospace and defence technology company CoreEL Technologies has raised $30 Mn (about INR 268 Cr) in its Series B funding round. The round was led by ValueQuest Scal... Read More


Inside India's $28 Bn+ Agritech Opportunity And The Rise Of AI-Powered Farming

India, Dec. 23 -- India's economic momentum has few parallels globally. Even as major economies slow, India is expected to remain the fastest-growing large economy in FY26, with GDP growth projected a... Read More


Naxatra Labs Bags $3 Mn To Accelerate EV Motor Production

India, Dec. 23 -- EV motors manufacturer Naxatra Labs has raised $3 Mn (INR 26.86 Cr) in a Pre-Series A round led by Zerodha's Rainmatter. Besides, angel investors like Vijay Shekhar Sharma (CEO, Payt... Read More


UPI In November: Paytm Continues to Add Market Share

India, Dec. 23 -- Vijay Shekhar Sharma-led fintech company Paytm continued its momentum in the UPI market in November, with its market share rising to 7.70% during the month from 7.48% in October. Ac... Read More


[Update] OYO Parent PRISM Gets Shareholders' Nod For INR 6,650 Cr IPO

India, Dec. 23 -- [Update] December 23, 15:15 IST PRISM, the parent of hospitality unicorn OYO, has received the approval from its shareholders to raise up to INR 6,650 Cr via a fresh issue of equity... Read More


NCLT Clears Merger of Amazon India's Logistics & Marketplace Arms

India, Dec. 23 -- The Bengaluru bench of National Company Law Tribunal (NCLT) has approved the merger of Amazon India's logistics and transport arm Amazon Transportation Services Pvt Ltd (ATSPL) with ... Read More


NCLT Clears Merger of Amazon India's Logistics and Marketplace Arms

India, Dec. 23 -- The Bengaluru bench of National Company Law Tribunal (NCLT) has approved the merger of Amazon India's logistics and transport arm Amazon Transportation Services Pvt Ltd (ATSPL) with ... Read More


Exclusive: Yellow.ai Lays Off Over 100 Employees Amid Automation Push

India, Dec. 23 -- Conversational AI startup Yellow.ai has laid off more than 100 employees over the past few weeks amid rising automation, sources told Inc42. The layoffs affected about 30% of the sta... Read More


Tonbo Imaging Files DRHP For OFS-Only IPO

India, Dec. 23 -- Defence tech startup Tonbo Imaging has filed a DRHP with the Securities and Exchange Board of India (SEBI) for its IPO, which will comprise only an offer for sale (OFS). The public ... Read More


From Burn To Breakdown: 25 Startups That Shut Down In 2025

India, Dec. 23 -- The year 2025 proved to be an exceptionally dynamic one for the Indian startup ecosystem. Despite the surge in the number of IPOs from the startup ecosystem, 2025 was an unprecdented... Read More