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TECHNOLOGY COMPANIES FUNDING
Madhu Kela-backed fund invests in Steamhouse India IPO as company raises Rs 124 crore from anchor investorsSteamhouse India raised Rs 124.2 crore from anchor investors, including funds backed by Madhusudhan Kela and Sunil Singhania, ahead of its ...- India needs energy innovation to reduce 88% oil import dependence: ONGC chiefTo ensure energy self-sufficiency, India must boost its domestic oil and gas output. Arun Kumar Singh, Chairman of ONGC, highlighted the si...
- Late-stage funding squeeze; ISRO opens up spaceHappy Tuesday! India’s late-stage funding market is tightening, with investors writing smaller cheques and pushing for lower valuations. Th...
- Amazon hires banks for first ever sterling bond saleAmazon has engaged banks to facilitate its inaugural sterling bond sale, targeting a range of maturities. This initiative aligns with the t...
- Bajaj Finance buys 5% stake in AI video startup TrueFanBajaj Finance has successfully secured a five percent share in TrueFan AI, significantly strengthening their existing collaboration while e...
- Indian space startup GalaxEye wins US patent for satellite imaging technologyIndian space startup GalaxEye secured a US patent for its satellite sensor synchronisation system. This technology allows for precise, simu...
- Whatfix appoints cofounder Vara Kumar as CEO after Khadim Batti’s deathWhatfix, the innovative enterprise software startup, has announced the appointment of Vara Kumar as its new chief executive officer followi...
- Shilpa Shetty beats Virat Kohli, MS Dhoni: 10 celebrities with the highest number of startup investment roundsShilpa Shetty Kundra leads Tracxn’s ranking of celebrity startup investors with 10 disclosed funding rounds between 2021 and 2026 YTD. MS D...
- French AI company Mistral hits $24 billion valuation in funding roundMistral said that the round was jointly led by existing investor PSG Equity, along with South Korea's Samsung Electronics and the EU-backed...
- Iztri raises Rs 10 crore funding from All In Capital, Suashish Group, othersIztri, an innovative on-demand fabric care startup, has successfully raised ten crore rupees to expand its operations. This capital will su...
- Centre may provide 100% funding support for medical testing equipment, says Piyush GoyalThe government will fully fund the acquisition of advanced medical testing equipment. Domestic firms are encouraged to seek technology part...
- RNFI Services gets RBI in-principle nod to operate as payment aggregatorRNFI Services has received in-principle RBI authorisation to operate as a Payment Aggregator-Physical (PA-P), allowing it to expand into of...
- US Stock Market: Equity funds see second straight week of outflows as investors turn cautiousU.S. equity funds saw $11.12 billion in net outflows for a second straight week as rising bond yields, oil prices and Middle East tensions ...
- ICICI Bank shares in focus as LIC gets RBI nod to acquire 9.99% stake in private lenderICICI Bank shares will be in focus after RBI approved LIC to acquire up to 9.99% in the lender within one year. LIC already holds over 4%. ...
- Piper Serica eyes Rs 180-220 crore deployment across four-six deeptech startups this fiscalThe investment firm's new Bharat Tech Fund, a Category II AIF, targeting a corpus of Rs 600 crore, alongside a greenshoe option of Rs 200 c...
- From bank queues to QR codes: Flood-hit Nepal's digital shift in philanthropyNepal's digital payment systems now facilitate swift disaster relief donations. QR codes and mobile banking enable direct person-to-governm...
- Former Tata Technologies CEO McGoldrick sells shares worth Rs 165 crorePatrick McGoldrick, former Tata Technologies CEO, sold shares worth Rs 165 crore. He offloaded 21 lakh shares, reducing his stake to 0.62 p...
- ETtech interview: India’s semiconductor ambitions could take decades to mature — SiMa AI CEO Krishna RangasayeeSiMa AI CEO says India’s push to build a globally competitive semiconductor industry could take decades, requiring more than fabs, includin...
- Semicon startup Makr Microsystems raises Rs 10.2 crore from Bluehill VC, Artha Venture FundThe startup’s main technology — Acoustic Atomic Force Microscopy (AAFM) — uses acoustic signals and a scanning probe to gather information ...
- Deeptech boom leaves most lab-stage startups strandedA survey by the Indian Venture and Alternate Capital Association showed that only 15% of deeptech funds back companies at technology readin...
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