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Ex-Haptik CEO Launches AI-Focussed VC Fund Activate

India, Dec. 3 -- Months after stepping down from AI startup Haptik, India AI Mission advisor Aakrit Vaish has partnered with ex-Together Fund partner Pratyush Choudhary to launch a new AI-focussed ven... Read More


[Update] Aequs IPO: Issue Subscribed 3.4X On Day 1

India, Dec. 3 -- Updated | December 03, 19:05 IST Aequs' IPO opened to robust demand on Day 1 with the issue getting oversubscribed 3.4X. Investors placed bids for 14.4 Cr shares against the 4.2 Cr s... Read More


Centre Revokes Sanchar Saathi App Mandate For Smartphone Makers

India, Dec. 3 -- After facing backlash, the Centre has withdrawn its mandate asking smartphone makers to pre-load the Sanchar Saathi app on all devices sold in India. "Given Sanchar Saathi's increasi... Read More


[Update] Meesho IPO: Issue Subscribed 2.35X On Day 1

India, Dec. 3 -- Updated | December 03, 18:20 IST The public issue of Meesho saw strong investor interest on the first day of bidding and was oversubscribed 2.35X. It received bids for 65.4 Cr shares... Read More


Funds Worth Over $12.1 Bn+ Launched For Indian Startups In 2025

India, Dec. 3 -- India's startup ecosystem hit a turning point last year, with 13 new-age tech companies, including Swiggy, FirstCry and Go Digit, going public. This IPO momentum fuelled a wave of new... Read More


IIT Bombay To Host 50K Attendees, 1,000+ Startups At E-Summit 2025

India, Dec. 3 -- The Entrepreneurship Cell of IIT Bombay is set to host the 21st edition of its annual E-Summit on December 11-12, 2025. The event will focus on on-the-spot funding pitches, sector-foc... Read More


Mirror Security Bags $2.5 Mn To Boost AI Cybersecurity Solutions

India, Dec. 3 -- AI security startup Mirror Security has raised $2.5 Mn (about INR 22.5 Cr) in a pre-seed funding round led by Sure Valley Ventures and Atlantic Bridge. With the fresh funds, the star... Read More


PhonePe In 2025: Escaping The UPI Paradox To Chase Profits

India, Dec. 3 -- If scale were the sole metric of success, PhonePe's 2025 would be an open-and-shut case of everything going just according to plan. Commanding a staggering 46% of India's UPI market,... Read More


Pine Labs Retains Profitability In Q2, Posts INR 6 Cr PAT

India, Dec. 3 -- Recently listed Pine Labs reported a net profit of INR 6 Cr in Q2 FY26 as against a net loss of INR 32 Cr in the year-ago period. Sequentially, the company's profit rose 25% from INR ... Read More


Ola Electric Slides 5% To Hit Fresh All-Time Low At INR 38.03

India, Dec. 3 -- Extending its losing streak for the fourth consecutive session, shares of EV maker Ola Electric slumped 5% to hit a fresh all-time low at INR 38.03 on the BSE today. This number repr... Read More