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BluSmart Investors Planning $30 Mn Infusion To Revive The Startup: Report

India, May 8 -- BluSmart's existing investors, including BP Ventures and ResponsAbility Investments, are reportedly planning to invest $30 Mn (INR 253.64 Cr) in an effort to revive the electric cab-ha... Read More


Urban Mobility Startup Routematic Nets $40 Mn

India, May 7 -- Transport-as-a-Service solution provider Routematic has secured $40 Mn (INR 338.5 Cr) in a Series C funding round co-led by Fullerton Carbon Action Fund and Shift4Good. Cofounder and ... Read More


Interior Design Startup Flipspaces Bags $35 Mn

India, May 7 -- Interior design startup Flipspaces has raised $35 Mn (INR 295.8 Cr) in a mix of primary and secondary capital led by Iron Pillar. The round also saw early investor Carpediem making an... Read More


InspeCity Bags $5.6 Mn To Build In-Orbit Satellite Servicing Solutions

India, May 7 -- Spacetech startup InspeCity has raised $5.6 Mn (INR 47.28 Cr) in its seed funding round led by ace investor Ashish Kacholia's investment firm Lucky Investment Managers. The funding ro... Read More


Paytm Shares Rally Over 9% After Q4 Results

India, May 7 -- Shares of Paytm parent, One97 Communications, soared 9.5% to INR 892.60 apiece on the BSE during intraday trading session today, a day after the company reported its fourth quarter fin... Read More


IndiaAI Mission: Govt Shortlists 7 Companies For Second Round Of GPU Tender

India, May 7 -- The Ministry of Electronics and Information Technology (MeitY) has reportedly shortlisted seven companies, including Amazon Web Service (AWS), Oracle and Google Cloud for the second ro... Read More


Jabil Planning To Expand AirPods Enclosure Production In India With New Plant

India, May 6 -- As Apple looks to diversify its supply chain beyond China, its supplier Jabil is reportedly planning to expand production of AirPods enclosures in India by adding a second facility. S... Read More


Delhi HC Junks RCB's Plea Against Uber Ad

India, May 6 -- The Delhi High Court has dismissed a plea by Royal Challengers Bengaluru, seeking an interim injunction against an advertisement of Uber Moto that was claimed to be disparaging to the ... Read More


Tata Electronics In Talks To Onboard NXP For Its Fab Plant

India, May 5 -- Tata Electronics is reportedly in discussions to onboard semiconductor design major NXP Semiconductors as its key customer. Tata's partnership will lead to manufacturing NXP's offerin... Read More


Reliance Jio Shifts To In-House 5G Gear: Report

India, May 5 -- Reliance Jio has reportedly started deploying its own network products to strengthen its domestic 5G network across the country, signalling its motive to save huge costs. An ET report... Read More