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Centre Sets Up Inter-Ministerial Group To Form Financial Cybersecurity Strategy

India, July 28 -- Amid growing risks posed by AI models and rapid digitisation of banking and payments, the central government has constituted an inter-ministerial group (IMG) to formulate a comprehen... Read More


Inflexor Ventures Marks First Close of Fund III At Rs.400 Cr

India, July 28 -- Tech-focused VC firm Inflexor Ventures has marked the first close of its Rs.1,250 Cr Inflexor Technology Discovery Fund at Rs.400 Cr ($41.8 Mn). Limited partners (LPs) that backed t... Read More


EV Manufacturer Omega Seiki Nets Rs.50 Cr To Expand Capacity

India, July 27 -- Electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured Rs.50 Cr ($5.2 Mn) in a fresh funding round from Saket Aggarwal Family Office, Securocorp Securities, angel inves... Read More


HCLTech Announces $1.5 Bn Investment To Build Maiden AI Data Centre In Odisha

India, July 24 -- IT major HCLTech has signed a memorandum of understanding (MoU) with its invested company Sarvam AI and the Odisha government to set up an AI data centre within the state. The planne... Read More


HCLTech, Sarvam AI Join Hands For $1.5 Bn AI Data Centre In Odisha

India, July 24 -- IT major HCLTech has signed a memorandum of understanding (MoU) with its invested company Sarvam AI and the Odisha government to set up an AI data centre within the state. The planne... Read More


NCLT Stays BYJU'S Insolvency Bidding Process Till August 31

India, July 23 -- The National Company Law Tribunal (NCLT) has stayed the insolvency bidding process of embattled edtech startup BYJU'S parent Think & Learn Pvt Ltd until the next hearing on August 31... Read More


After ZeroPe, Ashneer Grover Launches Employee-Focused Lending Platform Fund My Staff

India, July 23 -- BharatPe cofounder Ashneer Grover has launched a new fintech venture, 'Fund My Staff', a platform that enables employers to act as guarantors for employees seeking small-ticket perso... Read More


PharmEasy-Owned Thyrocare's Q1 Profit Soars 34% To Rs.51 Cr

India, July 23 -- PharmEasy-owned Thyrocare's consolidated net profit for the quarter ended June 30, 2026 (Q1 FY27) zoomed 34% to Rs.51.3 Cr from Rs.38.3 Cr a year ago. Sequentially, profit rose 5.3% ... Read More


CARPL.ai Bags $10 Mn To Scale Its AI Medical Imaging Marketplace

India, July 23 -- AI-powered healthtech startup CARPL.ai has raised $10 Mn (about Rs.96 Cr) in its Series A funding round led by the International Finance Corporation (IFC), the World Bank Group's pri... Read More


InCred Finance's FY26 Profit Increases 17% YoY To Rs.438 Cr, Revenue Up 36%

India, July 22 -- IPO-bound fintech company InCred holdings' lending tech arm InCred Financial Services (InCred Finance) reported a 17.1% increase in its consolidated net profit to Rs.438 Cr in FY26 f... Read More