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Centre Notifies Rs.62,500 Cr Mobile Manufacturing Scheme To Build Indian Brands

India, Aug. 22 -- The Ministry of Electronics and Information Technology (MeitY) has notified the Rs.62,500 Cr Mobile Phone Manufacturing Scheme (MPMS) to expand domestic production, deepen local valu... Read More


From Navi To BookMyShow - Indian Startups Raised Over $233 Mn This Week

India, Aug. 22 -- India's startup funding activity picked up pace in the third week of August, with nineteen startups raising a combined $233.2 Mn. Between August 17 and 21, startups raised 67% more c... Read More


Wakefit Surges 17% To Lead New-Age Tech Stocks This Week; Lenskart, Turtlemint Hit New Highs

India, Aug. 22 -- A majority of India's new-age tech stocks ended the week in the green, with Wakefit emerging as the biggest gainer after rallying 16.69% during the five trading sessions to close at ... Read More


Raana Semiconductors In Talks To Raise Rs.100 Cr For Silicon-Growth Equipment

India, Aug. 22 -- Semiconductor startup Raana Semiconductors is in advanced talks to raise Rs.100 Cr (around $10.4 Mn) in its Series A funding round, founder and CEO Rajasekar Elavarasan told Inc42. ... Read More


SC Directs Matrimony.com & Jodi365 To Explore Settlement In Trademark Dispute

India, Aug. 22 -- In the five year old trademark infringement case between Matrimony.com and Jodi365 operator Free Elective Network Pvt Ltd., the Supreme Court (SC) has reportedly directed the two par... Read More


From Loan Diversion To Forged Letters: CBI Books BluSmart Founders In Rs.672 Cr IREDA Case

India, Aug. 22 -- The CBI has registered an FIR against Gensol Engineering, Gensol EV Lease, and BluSmart founders Anmol Singh Jaggi and Puneet Singh Jaggi over the alleged diversion and misappropriat... Read More


D2C Brand Be Clinical Bags Rs.21 Cr To Expand Beauty & Personal Care Portfolio

India, Aug. 22 -- D2C skincare brand Be Clinical has raised Rs.21 Cr (about $2.2 Mn) in its seed extension round led by Sauce, with participation from existing investor V3 Ventures. The round also sa... Read More


D2C Brand Be Clinical Bags Rs.21 Cr To Double Down On Clinical Skincare

India, Aug. 22 -- D2C skincare brand Be Clinical has raised Rs.21 Cr (about $2.2 Mn) in its seed extension round led by Sauce, with participation from existing investor V3 Ventures. The round also sa... Read More


EV Manufacturer Omega Seiki Raises Additional Rs.50 Cr To Accelerate International Expansion

India, Aug. 22 -- Weeks after announcing fresh capital raise, EV manufacturer Omega Seiki Mobility (OSM) has secured an additional Rs.50 Cr ($5.2 Mn) in a fresh funding led by Unistone Capital's direc... Read More


ISRO Mulls Exiting Manufacturing Amid India's Push To Promote Privatisation In The Space Industry

India, Aug. 22 -- Adding to the central push of opening the space sector to the public, the Indian Space Research Organisation (ISRO) is now reportedly looking to gradually move away from manufacturin... Read More