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JetSynthesys Bags Funding From KRAFTON

India, April 17 -- Pune-based digital entertainment and technology company JetSynthesys has reportedly secured an undisclosed capital from South Korean gaming giant KRAFTON. An ET report said that th... Read More


Funds Worth Over $3.2 Bn Launched For Indian Startups In Q1 2025

India, April 17 -- While the funding raised by Indian startups remained flat quarter-on-quarter at $3.1 Bn in the first quarter of 2025, investors continued to accumulate dry powder. A total of 23 fun... Read More


Exclusive: Varthana Bags INR 75 Cr Debt Funding From OfBusiness, Oxyzo

India, April 17 -- Education-focussed non-banking finance company (NBFC) Varthana has raised INR 75 Cr (about $8.7 Mn) in a debt funding round co-led by B2B ecommerce startup OfBusiness and its financ... Read More


Govt To 'Pause' Proposals For Building AI Foundational Models Post April 22

India, April 17 -- The government will "pause" accepting fresh proposals for building an indigenous foundational artificial intelligence (AI) model after April 22. In a statement, IndiaAI Mission sai... Read More


Govt To "Pause" Proposals For Building AI Foundational Models Post April 22

India, April 17 -- The government will "pause" accepting fresh proposals for building an indigenous foundational artificial intelligence (AI) model after April 22. In a statement, IndiaAI Mission sai... Read More


Exclusive: Elevation Capital-Backed Zopper Fires 100 Employees

India, April 17 -- Insurance-focussed SaaS startup Zopper has laid off around 100 employees since the start of 2025, with the latest round of firing taking place earlier this week, sources told Inc42.... Read More


[Update] Sacked Medikabazaar Founder Vivek Tiwari Denies Fraud Allegations

India, April 17 -- Update | April 18, 20:00 PM A day after it was reported that Medikabazaar removed its founder and former CEO Vivek Tiwari from its board after an investigation found financial frau... Read More


India's Deeptech Dilemma, ED Raids EMT Founder & More

India, April 17 -- It's Now Or Never For India's Deeptech Dreams In the aftermath of Piyush Goyal's speech at Startup Mahakumbh, an introspection of sorts has dawned upon Indian founders - Why hasn't... Read More


Jio Financial Services Q4: Profit Rises 1.7% To INR 316 Cr

India, April 17 -- Fintech company Jio Financial Services (JFS) posted a consolidated net profit of INR 316.11 Cr in the fourth quarter of the financial year 2024-25 (Q4 FY25), a marginal 1.7% increas... Read More


Medikabazaar Founder Axed From Board Over Revenue Misreporting

India, April 17 -- B2B healthcare supply chain startup Medikabazaar has removed its founder and former CEO Vivek Tiwari from its board after an investigation found financial fraud. According to the s... Read More