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[Update] Vecmocon Closes Series A Funding At $18 Mn

India, June 9 -- Update| June 09, 03:26 PM EV intelligence startup Vecmocon Technologies has closed its Series A funding round at $18 Mn co-led by Ecosystem Integrity Fund and Aavishkaar Capital, wit... Read More


Shein, Reliance Plan Sale Of India-Made Clothes Globally Within Year: Report

India, June 9 -- Shein and its partner Reliance Retail are reportedly planning to expand their Indian manufacturing network and start overseas sales of India-made Shein-branded clothes within six to 1... Read More


Wakefit Converts Into Public Entity In Run-Up To IPO

India, June 9 -- Bengaluru-based D2C furniture and mattress startup Wakefit has converted into a public company as readies for an initial public offering (IPO). As per the startup's MCA filing access... Read More


Can EtherealX Become India's SpaceX With Its Fully Reusable Rocket?

India, June 9 -- Late-winter frost was in full spell when a sleepy Polish town woke up to mysterious fireballs lighting up the obsidian sky on a February night. Neither Helios was on an errand, nor a... Read More


How Tonbo Built A INR 400 Cr Defence Tech Business By Powering Armed Forces With Warfront Intel

India, June 9 -- It says, intelligence wins wars, not brute force. The saying reaffirms the undeniable role played by defence technology ventures like Tonbo Imaging in using intelligence inputs for se... Read More


Uri To Sindoor: How Tonbo Imaging Helped Forces With Warfront Intel

India, June 9 -- It says, intelligence wins wars, not brute force. The saying reaffirms the undeniable role played by defence technology ventures like Tonbo Imaging in using intelligence inputs for se... Read More


Food Safety Violations: After Zepto, FDA Suspends Blinkit's Balewadi Dark Store Licence

India, June 9 -- Days after the Food and Drug Administration (FDA) suspended the food business licence of Zepto's warehouse in Mumbai's Dharavi, the food safety agency has now reportedly revoked the f... Read More


Sanlayan Bags INR 186 Cr To Boost Indigenous Defence Tech Development

India, June 9 -- Defence tech startup Sanlayan Technologies has raised INR 186 Cr (approximately $30 Mn) as part of its Series A funding round led by Ashish Kacholia, cofounder of Hungama Digital, Las... Read More


India To Build Its Own 2nm GPU By 2030 To Rival NVIDIA

India, June 9 -- In an effort to reduce its dependence on US-based chip makers for core AI technology, the Centre is reportedly planning to develop its own 2 nanometre (nm) graphics processing unit (G... Read More


New-Age Tech Stocks' M-Cap Surges $5 Bn, FirstCry & Eternal Gain Big

India, June 8 -- The Indian equity market ended the week with a strong rally following the RBI's decision to cut repo rate by 50 basis points (bps). In line with this, new-age tech stocks under Inc42'... Read More