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Amicus Capital Marks Close Of Second Fund At $214 Mn

India, June 25 -- Bengaluru-based private equity firm Amicus Capital Partners has marked the final close of its second fund at $214 Mn (around INR 1,800 Cr), exceeding its initial target of $200 Mn (a... Read More


Top-Level Exits Continue At ONDC As Independent Director Arvind Gupta Quits

India, June 25 -- Open Network for Digital Commerce's (ONDC) independent director Arvind Gupta has stepped down from the post, the latest high-profile exit from the government-backed ecommerce network... Read More


ArisInfra Shares List At 8% Discount Over IPO Price

India, June 25 -- Shares of B2B ecommerce company ArisInfra Solutions made their stock market debut today, listing at INR 205 on the NSE, a 7.65% discount over its IPO price. On the BSE, ArisInfra's ... Read More


Over 17K GPUs Installed Under IndiaAI Mission: Report

India, June 24 -- India has reportedly completed installations of over 17,300 graphic procession units (GPUs) under the IndiaAI Mission as the country advances towards its adoption of artificial intel... Read More


EV Ride Hailing Startup Evera Bags $4 Mn From Mufin Green Finance

India, June 24 -- Electric vehicle ride hailing startup Evera Cabs has raised $4 Mn (INR 34.45 Cr) from Mufin Green Finance through a mix of convertible debentures and debt. "At Evera, our core focus... Read More


Textile Manufacturing Startup Fantail Nets Funding From Riverwalk, Others

India, June 24 -- Textile manufacturing startup Fantail has secured INR 13.75 Cr ($1.6 Mn) in a seed funding round co-led by Riverwalk Holdings, Incubate Fund Asia and All in Capital. The Surat-based... Read More


[Update] Ola Electric Hits Fresh All-Time Low At INR 43.15

India, June 23 -- Update| June 23, 22:58 PM Shares of EV major Ola Electric slumped 6.29% to an all-time low of INR 43.15 apiece on the BSE today. However, the stock pared some of the losses and clos... Read More


EKA Mobility Bags INR 200 Cr From Enam Holdings

India, June 23 -- Pune-based electric vehicle manufacturer EKA Mobility has raised INR 200 Cr (around $23 Mn) in a fresh funding round from Enam Holdings to expand its manufacturing capacity. Sudhir ... Read More


Apple Considers Buying AI Startup Perplexity: Report

India, June 21 -- Apple is reportedly exploring a potential acquisition of Aravind Srinivas-cofounded Perplexity AI to boost its artificial intelligence capabilities. A Bloomberg report, citing peopl... Read More


Karnataka Bike Taxi Drivers Urge Govt For Ban Reversal

India, June 20 -- A group of bike taxi riders in Karnataka met the state health minister Dinesh Gundu Rao and Dasarahalli MLA S Muniraju yesterday, urging them to intervene and reverse the crackdown o... Read More