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The Good Glamm Group's House Of Cards Crashes

India, July 27 -- Another unicorn has fallen. The Good Glamm Group's breakdown has been coming for months, but this week CEO Darpan Saghvi made it official. The company will look to sell off its acqu... Read More


Namma Yatri Integrates Metro Bookings & Other Features For Smoother Commute

India, July 26 -- Bengaluru-based ride hailing platform Namma Yatri has launched a new feature aimed at streamlining public mobility in Bengaluru by integrating metro ticket bookings and other modes o... Read More


Amagi Files IPO Papers To Raise INR 1,020 Cr

India, July 26 -- Media-focused SaaS unicorn Amagi Media Labs has filed draft red herring prospectus (DRHP) with the markets regulator SEBI to raise INR 1,020 Cr in an initial public offering (IPO). ... Read More


From Gupshuup To EVeez - Indian Startups Raised $134 Mn This Week

India, July 26 -- After two consecutive weeks of decline in investment activity across the Indian startup ecosystem, funding momentum shot up in the fourth week of July. Between July 21 and 26, 22 sta... Read More


Rare Earth Elements Crisis: Electronic Component Companies Warn Of Missing Incentive-Linked Targets

India, July 26 -- With China's recent restrictions on the export of certain rare earth elements, several companies under electronics component manufacturing scheme have reportedly flagged concerns ove... Read More


Global South Will Benefit From India's AI Models: MeitY Secy

India, July 26 -- Electronics and IT Secretary S Krishnan has reportedly said that the Indian government is open to sharing its artificial intelligence (AI) models with the Global South. For context,... Read More


Govt Likely To Extend Electronics Manufacturing Scheme Beyond July: Report

India, July 25 -- The Centre will be reportedly extending the application deadline for the INR 22,919 Cr electronics component manufacturing scheme (ECMS) beyond July 31. The Ministry of Electronics ... Read More


Elevation Sells Stake In ixigo Again

India, July 25 -- VC firm Elevation Capital on Tuesday (July 22) sold 2.59% stake, or over 1.01 Cr shares, in online travel aggregator (OTA) ixigo via open market transactions. In a filing with the e... Read More


The Airtel-Perplexity Blueprint, Ohm Mobility To Shut Down & More

India, July 25 -- Airtel's AI Punt With Perplexity Airtel and Perplexity have banded together to conquer India's AI frontier. Earlier this week, the AI search platform inked a partnership to offer fr... Read More


[Update] IndiQube IPO Closes With 12.4X Oversubscription

India, July 25 -- Update | July 25, 7 PM The IPO of workspace solutions provider IndiQube closed with an oversubscription of 12.4X, with investors bidding for 21.2 Cr shares as against 1.71 Cr shares... Read More