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India Mulls Incentivising Rare Earth Production To Tame China's Tantrums

India, July 10 -- In a move to reduce India's dependence on China for rare earth magnets, the Centre is working on a plan to incentivise local production. According to a PTI report, the ministries of... Read More


ED Books Rana Daggubati, Vijay Deverakonda, 27 Others For Promoting Illegal Betting

India, July 10 -- The Enforcement Directorate (ED) has reportedly filed an Enforcement Case Information Report (ECIR) against actors Rana Daggubati, Prakash Raj, Vijay Deverakonda and 26 others for al... Read More


Smartworks IPO: Issue Subscribed 17% On Day 1 So Far

India, July 10 -- The IPO of managed workspace provider Smartworks got off to a slow start, with the issue subscribed 17% till 12 PM on the first day of bidding. According to the BSE data, the IPO re... Read More


Why Premji Invest Led The $43 Mn Series C Round In WoodenStreet

India, July 10 -- In December 2024, Jaipur-based direct-to-consumer (D2C) furniture brand WoodenStreet secured INR 354 Cr (about $43 Mn) in Series C, one of the largest investment rounds in India's ho... Read More


Now, Fraudsters Use Reliance's Tira Masthead To Dupe Naive Netizens

India, July 10 -- The Delhi High Court (HC) has restrained certain unnamed individuals and entities from allegedly impersonating the trademark of Reliance Retail's beauty brand "Tira". The order, dat... Read More


Clean Fanatics Bags $2 Mn To Scale Up Its Home Services Marketplace

India, July 10 -- Home services marketplace Clean Fanatics has raised $2 Mn (about INR 17 Cr) in its seed round led by Inflection Point Ventures, along with participation from Blume Founders Fund, Let... Read More


Belong Bags $5 Mn To Provide Fintech Solutions For NRIs Via GIFT City

India, July 9 -- NRI-focussed fintech startup Belong has raised $5 Mn (about INR 42.9 Cr) in its seed funding round led by Elevation Capital. The funding round saw participation from Relentless Ventu... Read More


Smartworks Raises INR 174 Cr From Anchor Investors

India, July 9 -- A day before commencing the bidding for its initial public offering (IPO) on July 10, Smartworks Coworking Space has raised INR 173.64 Cr funding from anchor investors. The company a... Read More


Indigo's VC Arm Marks First Close Of Maiden Fund At INR 450 Cr

India, July 9 -- Eight months after getting SEBI nod to set up an alternative investment firm (AIF), aviation major Indigo's VC arm Indigo Ventures has announced the first close of its maiden fund at ... Read More


Starlink Gets Final Regulatory Approval In India

India, July 9 -- Marking another important development in global satcom giant Starlink's India journey, the company has now received a key licence from the Indian National Space Promotion and Authoris... Read More