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D2C Cookware Brand Ember Raises $3.2 Mn

India, Sept. 11 -- D2C cookware brand Ember has secured $3.2 Mn (INR 28.3 Cr) in its seed fund rounding from high-net-worth individuals (HNIs), family offices, and angel investors like Yoga Bar cofoun... Read More


DevX IPO: Issue Oversubscribed 1.8X On Day 1 So Far

India, Sept. 10 -- Coworking space provider DevX's (Dev Accelerator) IPO got off to a strong start, with the public issue oversubscribed by 1.8X at 11:30 on the first day of bidding. The IPO received ... Read More


Aviral Bhatnagar's AJVC Closes Debut Fund At INR 200 Cr

India, Sept. 10 -- Former Venture Highway executive Aviral Bhatnagar's investment venture A Junior VC (AJVC) has closed its debut AIF fund AJVC Trust at INR 200 Cr, about six months after marking the ... Read More


[Update] DevX IPO: Issue Oversubscribed 5.3X On Day 1

India, Sept. 10 -- Update | September 10, 18:40 Coworking space provider DevX's IPO was oversubscribed 5.3X at the end of first day of bidding, with retail investors leading the pack. Retail investor... Read More


[Update] Exclusive: Presolv360 Raises $4.7 Mn From Elevation Capital, Others

India, Sept. 10 -- Update | September 10, 06:00 A month after Inc42 exclusively reported about Presolv360's fundraise, the online dispute resolution platform said it closed its Series A funding round... Read More


OpenAI In Talks With Reliance, Other Companies To Bring Stargate To India

India, Sept. 9 -- AI giant OpenAI is reportedly in discussions with Reliance Industries and other domestic data centre companies to bring global supercomputing joint venture The Stargate Project to In... Read More


Indigrid Nets $4 Mn To Scale Production Of EV Components

India, Sept. 9 -- Electric vehicle (EV) component maker Indigrid Technology has raised $4 Mn (INR 35.2 Cr) as part of a strategic funding round from existing investor Cactus Partners. In a statement,... Read More


Indigrid Nets $4 Mn To Scale Production

India, Sept. 9 -- Electronics systems design and manufacturing startup Indigrid Technology has raised $4 Mn (INR 35.2 Cr) as part of a strategic funding round from existing investor Cactus Partners. ... Read More


Jio Financial Services, Allianz Incorporate Reinsurance Subsidiary

India, Sept. 9 -- Update | September 9, 14:15 Over a month after entering into an agreement with German insurance major Allianz to form a joint venture for reinsurance business, Jio Financial Service... Read More


End Of An Era: Freshworks Founder Girish Mathrubootham Exits

India, Sept. 5 -- Over a year after he transitioned to the role of executive chairman from CEO, Freshworks Girish Mathrubootham is exiting the SaaS major. In an SEC filing, Freshworks said that Mathr... Read More