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After Raising $2 Mn For Its Social Networking Platform, Unikon.ai To Build A D2C Brand

India, March 17 -- Bella Vita founder Aakash Anand's startup Unikon.ai, which offered an AI-powered networking platform, is pivoting due to high cash burn and now plans to build a D2C brand. Anand to... Read More


Byju Raveendran Challenges NCLT Order To Include Glas Trust, Aditya Birla Finance In CoC

India, March 17 -- Adding another layer to the BYJU'S court room saga, the edtech startup's founder and CEO Byju Raveendran has now reportedly challenged the National Company Law Tribunal's (NCLT's) o... Read More


Ola Electric Crashes 7% To Hit All-Time Low, Stock Down Over 23% In 1 Month

India, March 17 -- Shares of Ola Electric Mobility plummeted over 7% in morning trade today to hit an all-time low at INR 46.94 apiece, dragged down by the company's disclosure that one of its subsidi... Read More


Uber Initiates Talks To Acquire BluSmart, Says Report; Startup Denies

India, March 17 -- Ride-hailing giant Uber is reportedly in early talks to acquire EV cab-hailing startup BluSmart Mobility. The development comes at a time when Gensol Engineering, a solar engineeri... Read More


Centre To Launch INR 23K Cr PLI Scheme For Electronics Components

India, March 17 -- The IT ministry has reportedly finalised a production linked incentive scheme (PLI) for manufacturing electronics components. The PLI scheme will have an allocation of INR 23,000 C... Read More


Moderating Dark Store Additions Likely To Help Zepto Contain Q4 Quick Commerce Burn: JP Morgan

India, March 17 -- While Zomato-owned Blinkit and Swiggy Instamart are accelerating the pace of dark store network expansion, IPO-bound Zepto is slowing down, which suggests a potential easing in comp... Read More


Haryana To Encourage Investors To Create INR 2,000 Cr 'Fund Of Funds' For Startups

India, March 17 -- In the state's budget for 2025-26, Haryana chief minister Nayab Singh Saini said the state government will be encouraging private investors to contribute INR 2,000 Cr for a "Fund of... Read More


Haryana Govt To Encourage PIs To Create INR 2,000 Cr 'Fund Of Funds' For Startups

India, March 17 -- In the state's budget for 2025-26, Haryana chief minister Nayab Singh Saini said the state government will be encouraging private investors to contribute INR 2,000 Cr for a "Fund of... Read More


Ericsson, Volvo Group & Airtel Partner to Drive Digital Twins, XR Adoption in India

India, March 17 -- Ericsson, Volvo Group and Bharti Airtel have teamed up to explore extended reality (XR), digital twins and AI in manufacturing. The partnership will look to leverage 5G and 5G Adva... Read More


Infosys Among Bidders Shortlisted For In-SPACe's INR 1,500 Cr Mission: Report

India, March 17 -- In the run-up to the submission of draft request for proposal (RFP) of Indian National Space Promotion and Authorisation Centre's (IN-SPACe) INR 1,500 Cr project, a report by The Hi... Read More