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From GPS Renewables To Equal AI - Indian Startups Raised $243 Mn This Week

India, June 13 -- Investments in the Indian startup ecosystem continued to pick up momentum in the second week of June. Twenty five startups raised $242.6 Mn between June 8 and June 12, marking a near... Read More


New-Age Tech Stocks: EaseMyTrip, SEDEMAC Lead Weekly Gains; Yudiz, ideaForge Slip

India, June 13 -- New-age tech stocks saw stock-specific movement this week amid the ongoing market volatility. Thirty one out of the 57 new-age tech stocks under Inc42's coverage gained in a range of... Read More


Anthropic's Fable 5, Mythos 5 Access Suspension Rekindles Sovereign AI Debate

India, June 13 -- Just three days after launching Claude Fable 5, which it described as its most capable AI system yet, Anthropic has been forced to suspend access to the model after an intervention f... Read More


Ather's Board Approves Plan To Raise Rs.2,500 Cr

India, June 13 -- Listed electric vehicle (EV) maker Ather Energy's board has approved a proposal to raise up to Rs.2,500 Cr via a qualified institutional placement (QIP) and other equity-linked instr... Read More


Rekise Marine Bags $9.7 Mn To Build Autonomous Underwater Vessels

India, June 12 -- Marine robotics startup Rekise Marine has raised $9.7 Mn (Rs.92.5 Cr) in a seed funding round led by Accel and NKSquared, Zerodha cofounder Nikhil Kamath's investment firm. The roun... Read More


Exclusive: Mad Over Buildings To Raise Rs.30 Cr To Enter New Cities

India, June 12 -- Bengaluru-based construction and interior materials marketplace Mad Over Buildings (MOB) has signed a term sheet to raise Rs.30 Cr (about $3.5 Mn) in a round led by an institutional ... Read More


Stake Sale At Lenskart, Ethereal Bags $28 Mn & More

India, June 12 -- ADIA Sheds Lenskart Stake Investors are booking profits after the expiration of the IPO lock-in period for Lenskart shares. Abu Dhabi Investment Authority (ADIA) has now sold the ey... Read More


Why Avataar Is Bullish About Cracking AI Video And Outdoing Global Giants

India, June 12 -- The race in AI video generation is currently being dominated by global giants like OpenAI, Google and Chinese startups flush with compute budgets running into the billions of dollars... Read More


Meesho To Acquire GSF-Backed Kirana Club For Rs.202 Cr

India, June 12 -- Ecommerce major Meesho will acquire B2B commerce startup Kirana Club in an all-cash deal worth Rs.202.08 Cr (about $21.2 Mn). The company said the transaction is expected to be compl... Read More


AI Cloud Service Provider E2E Networks Debuts On BSE Mainboard

India, June 12 -- NSE-listed E2E Networks' stock made its debut on BSE's Mainboard exchange today post securing the necessary approvals from the exchanges. The Delhi NCR-based company informed stock ... Read More