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RAPID FUNDING FOR DRONES
12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...- India set for $2-billion drone order in biggest buy, industry body saysIndia is poised to significantly boost its drone capabilities with a potential order exceeding $2 billion from domestic manufacturers this ...
- The green strategic partnership: India and Norway chart a sustainable futurePrime Minister Narendra Modi’s May 2026 visit to Norway — the first by an Indian Prime Minister in over 40 years — upgraded bilateral ties ...
- Portugal eyes bigger role in India’s infrastructure, manufacturing push as trade ties deepenPortugal's Minister of State for Economy, João Rui Ferreira, expressed readiness to contribute to India's infrastructure goals, highlightin...
- Deeptech bets heat up; Paytm, PB Fintech, Meesho earningsHappy Thursday! VCs are doubling down on India’s deeptech, with early-stage bets leading the charge. This and more in today’s ETtech Mornin...
- One of Iran's most powerful families founded its largest crypto exchange. It's used by the IRGC to move millionsIran's largest cryptocurrency exchange, Nobitex, is controlled by the sons of the influential Kharrazi family, who concealed their ties for...
- Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
- RBI scraps Paytm Bank licence; Pronto's back-to-back fundingRBI has cancelled Paytm Payments Bank licence over compliance lapses. This and more in today's ETtech Top 5.
- Tech investor Lachy Groom in talks to back Pronto; valuation set to double at $200 millionUS investor Lachy Groom is in talks to invest $15-20 million in Pronto. This funding round values the instant househelp startup at $200 mil...
- Strait of Hormuz crisis: US blockade continues despite ceasefire extension with IranPresident Trump has extended the ceasefire with Iran. This decision comes at Pakistan's request. The United States awaits a unified proposa...
- What is Project Maven? Pentagon’s flagship AI program powering US strikes on IranProject Maven, a Pentagon AI program, is now central to US strikes against Iran. This artificial intelligence system accelerates the proces...
- Drone-makers, defence start-ups to get 'rapid' funding under EU plansThe European Commission said it will make available 115 million euros ($133 million) to small and medium European defence companies under a...
- Pentagon to adopt Palantir AI as core US military system, memo saysPalantir's Maven artificial intelligence system will become an official program of record, Deputy Secretary of Defense Steve Feinberg said ...
- Pentagon to adopt Palantir AI as core US military system, memo saysThe US military is officially adopting Palantir's Maven artificial intelligence system. This move secures long-term use of the technology f...
- Defence tech startup Armory raises Rs 13 crore in round led by GrowX VenturesIndustrial 47, Antler, AC Ventures, Dexter Ventures, and several angel investors participated in the round. This comes at a time of heighte...
- End of kamikaze drones? Defense startup unveils Star Trek-style ‘laser’ shield that vaporizes killer drones in secondsEpirus has unveiled the innovative Leonidas laser shield, designed to disable swarms of drones using high-powered microwaves. Recently secu...
- Marut Drones raises $6.2 million from Lok CapitalThe company plans to use the funds to develop advanced agricultural drones tailored to customer needs, expand its channel partner network, ...
- Skye Air Mobility to expand fleet to 120 drones in 12-15 monthsSkye Air Mobility -- which is looking to raise USD 1 million (around Rs 7.6 crore) in a seed fund round -- is eyeing opportunities in secto...
- Robotics startup FlytBase raises seed fundingThe seed funding comes as the company gains traction for its commercial drone automation software, with a focus on high-value enterprise us...
- Drone bubble bursts, wiping out startups and hammering VC firmsA drone venture with backing from Kleiner Perkins and Google’s GV shut down last year. On a smaller scale, a company called CyPhy Works off...
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