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Defence Tech Startup Tonbo Imaging Bags INR 175 Cr

India, April 3 -- Defence tech startup Tonbo Imaging has reportedly raised INR 175 Cr (around $20.4 Mn) in a Series D funding round from Florintee Advisors and EXIM Bank at a valuation of INR 1,500 Cr... Read More


Exclusive: ZeCa Capital's INR 150 Cr Sustainability-Focussed Fund Gets SEBI Nod

India, April 3 -- Sustainability-focussed venture capital firm ZeCa Capital has received approval from the Securities and Exchange Board of India (SEBI) to launch its maiden fund with a corpus of INR ... Read More


Foxconn's India Arm To Focus On Apple Supply Chain Service, Rejigs Board

India, April 3 -- Foxconn's India arm Bharat FIH is reportedly looking to pivot its strategy to focus on Apple's supply chain service rather than competing in the electronics manufacturing services (E... Read More


Flipkart Singapore Parent Infuses INR 3,249 Cr In Marketplace Arm

India, April 3 -- Walmart-owned ecommerce giant Flipkart, through its Singapore holding company, has infused INR 3,248.9 Cr (around $379 Mn) in its marketplace arm, Flipkart Internet, according to fil... Read More


Scapia Nets $40 Mn From Peak XV, Others To Expand Travel Offerings

India, April 3 -- Former Flipkart executives' travel fintech startup Scapia has secured $40 Mn (around INR 342 Cr) in a Series B funding round led by Peak XV Partners, along with participation from ex... Read More


Honasa Vs Distributor: Dubai's Top Court Rules In Favour Of Honasa

India, April 3 -- Almost a year-long courtroom drama between Honasa and its distributor RSM General Trading LLC finally went in favour of Honasa as Dubai's top court, the Court of Cassation, overturne... Read More


Over 4 Cr Farmer IDs Issued So Far Under Digital Agriculture Mission: Govt

India, April 2 -- Minister of State (MoS) for agriculture Ramnath Thakur informed the Parliament that more than 4.85 Cr farmer IDs have been generated under the Digital Agriculture Mission, as of Marc... Read More


Startup Mahakumbh: From Speakers To Sessions, Here's Everything You Need To Know

India, April 2 -- The second edition of Startup Mahakumbh, one of India's largest innovation and entrepreneurship events, is all set to take place from April 3 to 5 at Bharat Mandapam in New Delhi. Bu... Read More


UPI Suffers Second Outage In A Week

India, April 2 -- In the second major outage in less than a week, Unified Payments Interface (UPI) went down for several users across the country today. As per outage tracker DownDetector, users bega... Read More


Meesho Cofounders Exercise ESOPs Ahead Of IPO

India, April 2 -- In a strategic move ahead of Meesho's highly-anticipated initial public offering (IPO), its cofounders Vidit Aatrey and Sanjeev Barnwal have exercised a significant number of employe... Read More