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IndiaAI Mission: Fractal, Tech Mahindra Among 8 New Players Picked To Build LLMs

India, Sept. 18 -- The Centre has selected eight new entities to develop homegrown foundational large language models (LLMs) under the IndiaAI Mission. Tech Mahindra, Fractal Analytics, Avataar AI, Z... Read More


Groww DRHP: Shareholding Pattern & Leadership Line-Up

India, Sept. 18 -- Just weeks before Groww filed its updated DRHP for IPO, the investment tech startup's four cofounders - Lalit Keshre, Harsh Jain, Neeraj Singh and Ishan Bansal - sold shares worth a... Read More


IFC To Invest $25 Mn In Trifecta Capital's Fourth Venture Debt Fund

India, Sept. 18 -- World Bank's private lending arm International Finance Corporation (IFC) will be investing $25 Mn (about INR 220 Cr) in venture debt firm Trifecta Capital's INR 2000 Cr venture debt... Read More


Now, Gameskraft Lays Off 120 Employees

India, Sept. 18 -- Adding to the long-list of gaming startups which have sacked employees following the passing of the Promotion and Regulation of Online Gaming Act, 2025 in the Parliament, Gameskraft... Read More


EV Startup Raptee Bags Funding From Technology Development Board

India, Sept. 18 -- Electric motorcycle manufacturer Raptee.HV has received funding from the science and technology ministry's Technology Development Board (TDB). Without disclosing the funding amount... Read More


PhonePe, Paytm & CRED Halt Rent Payments Via Credit Cards

India, Sept. 18 -- A day after the Reserve Bank of India (RBI) issued new master directions for payment aggregators (PAs), fintech giants like PhonePe, Paytm, and CRED have reportedly halted rental pa... Read More


Groww Doled Out INR 614 Cr In Bonus To Cofounders In FY25

India, Sept. 18 -- Ahead of its public listing, IPO-bound investment tech giant Groww dished out INR 624.6 Cr in total remuneration to the four cofounders of the company in the fiscal year 2024-25 (FY... Read More


CityMall's Many Left Turns Into The INR 1,000 Cr Revenue Club

India, Sept. 17 -- Be it the bustling bazars of Bareilly in Uttar Pradesh or the colourful neighbourhoods of Jodhpur in Rajasthan, there is something about India's tier II and III cities and towns tha... Read More


DevX Shares Make Muted Debut On Bourses

India, Sept. 17 -- Coworking space provider DevX's (Dev Accelerator) made a muted debut on the stock exchanges today. The stock listed at INR 61.30 on the BSE, marginally above its issue price of INR ... Read More


Enterprise Tech Startup EvoluteIQ To Expand Presence In India With Focus On GCCs

India, Sept. 17 -- Global software companies are rushing towards India to tap India's rich talent in technology and cost effective R&D environment. This has led to many large corporations like Microso... Read More