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India’s factories don’t have an AI problem, they have an execution problem: ReportIndia's manufacturing sector is embracing AI for growth. However, adoption faces hurdles in integration and data readiness. Companies are s...- Pixxel & Sarvam take AI to orbit; Fintechs flock to Gift CityHappy Tuesday! Spacetech startup Pixxel is joining forces with AI company Sarvam to launch an orbital data centre satellite — bringing comp...
- AI compute startup Tsavorite raises $5 million from Pavestone to scale platformAI compute platform Tsavorite has secured $5 million in funding from Pavestone to expand its composable architecture. The company's Omni Pr...
- AI-led lending platform Uncia raises $3 million from Pavestone to scale up, expand overseasThe funding marks Uncia’s first institutional round and will be used to grow its presence in India and expand presence into the Middle East...
- Spacetech startup Bellatrix raises $20 million from Cactus Partners to scale satellite propulsion manufacturingBellatrix Aerospace has raised $20 million led by Cactus Partners, with several investors participating. Founded in 2015, it develops elect...
- Enterprise procurement platform Aerchain raises $13 million from Pavestone VC, IndiaMARTAerchain raised $13 million led by Pavestone VC with IndiaMART joining. Founded by Harsha Kadimisetty and Himavanth Jasti, Aerchain’s platf...
- ETtech Deals Digest: Startup funding drops 92.3% on-year to $83.6 million this weekThe funds were raised through 17 deals, compared to 44 in the year-ago period, when they raised $1.09 billion. This also marks an 88.6% dec...
- Retail intelligence platform Bizom raises $12 million in round led by VC firm PavestonePavestone contributed $5.7 million while existing investor IndiaMart and other family offices chipped in with the remaining. The funds will...
- Swiggy’s day out; banks on fraud patrolHappy Thursday! Swiggy delivered big on its market debut on Wednesday, leading to substantial gains for both early investors and employees....
- Pavestone marks final close of tech fund at Rs 816 croreThe firm which initially targeted raising Rs 600 crore revised it to Rs 900 crore after raising the corpus twice through the green shoe opt...
- ETtech Deals Digest: Startup funding declines 57% on-year to $80.7 million this weekThe funds were raised by the startups through 20 deals, compared to 35 in the year-ago period.
- Visual robotics platform CynLr raises $10 million in round led by Pavestone, Athera Venture PartnersThe funds will be used for expanding the team and supply chain network, as well as advancing hardware and software capabilities to cut cost...
- Newspace raises $52 mn, the largest equity raise for an Indian defence startupNewspace Research & Technologies (NRT), a leading drone manufacturer in India's defence sector, has secured $52 million in a bridge round, ...
- In-space propulsion startup Bellatrix seals $8 million funding roundThe funding round saw the participation of StartupXseed, Pavestone Capital, Survam Partners, Karsemven Fund, the Mankind Pharma family offi...
- ETtech Deals Digest: Princeton Digital, MediBuddy, Niyo raise fundsData centre company Princeton Digital Group (PDG), health-tech startup MediBuddy, Neobanking platform Niyo were among the startups that rai...
- Ashneer Grover seeks indemnity; MediBuddy bags $125 millionAshneer Grover, the embattled cofounder and managing director of BharatPe, who is in discussions with the firm, has sought protection from ...
- Defence startup NewSpace raises $21 million in fundingThe funding raised is believed to be adequate for the next 18 months as NewSpace starts delivering its products to the armed forces and fut...
- The algorithms that run Facebook; Tiger Global scoops up $8.8BFacebook’s algorithms have been all over the news lately, ever since whistleblower Frances Haugen told US lawmakers that the company deploy...
- AI platform E42 gets $5.4 million from Pavestone Ventures, othersLight Information Systems, creator of the no code-artificial intelligence platform E42, will use the funding from Pavestone Ventures to boo...
- Ireland's CRH to enter India with MHIL buyAcquisitive Irish building materials group CRH Plc will enter the Indian market after agreeing to buy 50 percent of cement maker My Home In...
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