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BRICS STARTUP INNOVATION FUND
ETtech Deals Digest: Even, Different lead as weekly funding hits $246 million, down 27% on-yearEven Healthcare led deal activity with $50 million, followed by Different at $48 million, Baba Care at $40 million, and AuxoAI at $20.7 mil...- Zetwerk’s early backers sit on up to 36x returns post listingThe listing provides liquidity for investors who backed an industrial business when venture funding largely favoured software and consumer ...
- Afore Capital began backing pre-seed startups in 2017; 8 years later, its portfolio was valued at $13.5 billion and it had returned $47 million to investorsAfore Capital is changing how it backs new businesses. Its new $185 million fund will support both startups with clear business plans and f...
- Karnataka plans AI, robotics innovation zone through ARTPARKIT/BT minister Priyank Kharge met the ARTPARK team to discuss the next phase of expansion, including the development of BRAINZ (Bengaluru R...
- Algebra Ventures closed a $54 million fund; 4 years later, six portfolio companies were valued at over $350 millionIts first fund invested in reportedly 21 startups across Egypt and the wider Middle East and North Africa region. The portfolio included bu...
- BRICS Parliamentary Forum to be held in Delhi on October 26-27, says Om BirlaThe 12th BRICS Parliamentary Forum is scheduled to occur in New Delhi on October 26-27, focusing on people-centric development. Prime Minis...
- US sanctions have India cornered. BRICS charts an escape routeUS sanctions have significant implications on international trade, especially concerning countries like India. As BRICS countries explore a...
- CBDT exempts interest payments on rupee-denominated bonds issued by New Development Bank from TDSThe exemption applies to holders of Maharajah INR Bonds who are Indian residents or foreign institutional investors, for the 2026-27 tax ye...
- Textiles Ministry identifies 4,000 startups for export growth supportThe textiles ministry has identified over 4,000 textile-based startups for support to scale up and become export-ready over the next three ...
- AI chip startup Tenstorrent more than doubles its valuation to $6.2 billion in funding roundBased in Santa Clara, Tenstorrent has just secured an impressive $1.5 billion in its latest funding round, propelling the AI chip startup's...
- The Pant Project raises Rs 109 crore to expand store networkThe startup plans to use the funding to scale its offline footprint, add more categories and expand its team, cofounder and CEO Dhruv Toshn...
- Scaling existing climate tech, wider data access key to climate action: CCF founderBengaluru recently celebrated the launch of Bangalore Climate Data Week, a dynamic five-day gathering dedicated to advancing climate action...
- MeitY-backed conclave explores AI applications in healthcare, assistive technologiesThe conclave on "AI for Health & Assistive Technologies" was organised by Software Technology Parks of India (STPI), under MeitY, and the C...
- Who is Rex Salisbury? Man who started Cambrian Ventures; by 2025, its $20 million First Fund had backed 33 startups, about half reaching Series ASalisbury's Cambrian Ventures has one simple task, and that is focusing on early-stage financial technology companies. They are commonly kn...
- HSBC deploys over half of $1 billion India startup fund: Top bank officialHSBC has deployed more than half of its $1 billion India startup financing commitment within a year and is open to raising the limit as dem...
- AYUSH sees rise in patents filings showcasing innovation growth; 4,077 applications filed from 2014 to 2026Ayush-related Intellectual Property activity has seen substantial growth, with over 4,000 patent applications from 2014 to 2026. The Minist...
- India’s family offices bet on homegrown AI firms to gain groundIndia’s tech landscape is witnessing an influx of investments from family offices and wealthy individuals. Key players like Premji Invest a...
- Blume, Kalaari, Chiratae among 19 VCs in RDI fund's Rs 7,131 crore first cohortThe selected cohort comprises 14 alternative investment funds (AIFs) and five focused research organisations (FROs), which will channel lon...
- NuSynth Technologies raises Rs 36.5 crore in round led by Avaana Capital, Shastra VCThe company is developing a platform to find simpler, cheaper and more efficient ways to make chemicals, said cofounders Poorvank Purohit a...
- Gujarat to turn ocean into next big industry: Rs 100 crore marine biotech corridor planned in Porbandar; seaweed, algae & microbes could soon fuel new business boomAn initiative of the Gujarat State Biotechnology Mission (GSBTM), Department of Science and Technology, the proposed corridor is envisioned...
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