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IIT Madras, Unicorn India Ventures Mark First Close Of Fund I At ₹450 Cr Askwiki

IIT Madras, Unicorn India Ventures Mark First Close Of Fund I At ₹450 Cr

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IIT Madras, IIT Madras Research Park (IITMRP), and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Front…

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Aequs To Raise ₹650 Cr Via Preferential Issue To Bolster Manufacturing Capacity Askwiki

Aequs To Raise ₹650 Cr Via Preferential Issue To Bolster Manufacturing Capacity

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Contract manufacturing company Aequs’ board has approved a fund raise of up to ₹650 Cr via a preferential issue of warrants to the promoter group, Me…

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From Ultraviolette Automotive To GalaxEye — Indian Startups Raised Over $203 Mn This Week Askwiki

From Ultraviolette Automotive To GalaxEye — Indian Startups Raised Over $203 Mn This Week

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Funding activity remained strong as Indian startups raised a combined $203.4 Mn across 21 deals between September 21 and September 25. This was 3.4X …

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Govt Mulls ₹20,000 Cr Fund To Power Frontier AI, Compute Ecosystem: Report Askwiki

Govt Mulls ₹20,000 Cr Fund To Power Frontier AI, Compute Ecosystem: Report

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The Centre is considering an anchor investment of ₹15,000 Cr to ₹20,000 Cr in a proposed fund aimed at supporting frontier AI companies and expanding…

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The Insurance Shuffle, Moneyview IPO Day 1 & More Askwiki

The Insurance Shuffle, Moneyview IPO Day 1 & More

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IRDAI Resets Insurtech’s Economics The IRDAI has proposed a radical overhaul of the insurance tech sector. The draft norms threaten to dismantle luc…

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Amazon India To Invest $3 Bn In Quick Commerce Arm By 2030: Report Askwiki

Amazon India To Invest $3 Bn In Quick Commerce Arm By 2030: Report

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Ecommerce giant Amazon India reportedly plans to invest $3 Bn (₹28,790 Cr) to expand its quick commerce business, Amazon Now, over the course of next…

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TPG Exits FirstCry With ₹202 Cr Bulk Deal Askwiki

TPG Exits FirstCry With ₹202 Cr Bulk Deal

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Private equity (PE) giant TPG has exited omnichannel kids wear giant FirstCry through a ₹202 Cr bulk deal. As per NSE data, the PE major, via its en…

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OpenAI, Anthropic Leaders Warn UN Of AI Risks As Systems Grow More Powerful Askwiki

OpenAI, Anthropic Leaders Warn UN Of AI Risks As Systems Grow More Powerful

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OpenAI CEO Sam Altman and Anthropic CEO Dario Amodei warned the United Nations Security Council that increasingly powerful AI systems could pose risk…

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PB Fintech Crashes 26%, Turtlemint Hits Lower Circuit On IRDAI Commission Cap Plan Askwiki

PB Fintech Crashes 26%, Turtlemint Hits Lower Circuit On IRDAI Commission Cap Plan

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Shares of Policybazaar parent PB Fintech and insurtech company Turtlemint crashed after the Insurance Regulatory and Development Authority of India (…

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Gupshup’s AI Rebuild, Moneyview’s IPO & More Askwiki

Gupshup’s AI Rebuild, Moneyview’s IPO & More

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Gupshup Enters The AI Era Gupshup is betting on AI for its next growth phase. Leveraging its massive enterprise footprint, the SaaS giant is deployi…

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[Update] Ola Electric To Seek Board Nod For Proposed Rights Issue Askwiki

[Update] Ola Electric To Seek Board Nod For Proposed Rights Issue

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Update | September 24, 00:19 IST Days after Ola Electric received board nod to raise up to ₹1,500 Cr via an undisclosed route, the electric vehicle …

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