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Lenskart Sets The IPO Ball Rolling, Onboards Two Bankers

India, Jan. 29 -- Weeks after reports surfaced that Lenskart was in talks with bankers for its initial public offering (IPO), the omnichannel eyewear startup has reportedly roped in Kotak Mahindra Ban... Read More


Prudent Investment Managers To Launch INR 500 Cr Fund for Early Stage Startups

India, Jan. 29 -- Prudent Investment Managers, founded by former IIFL Asset Management CEO Prashasta Seth, has floated a fund of INR 500 Cr (about $57.8 Mn) to invest in early stage startups. The fun... Read More


OpenAI CEO Sam Altman To Visit India Next Week

India, Jan. 29 -- Amid growing legal troubles for OpenAI in the country, the artificial intelligence (AI) giant's chief executive Sam Altman is reportedly planning to visit India next week. Sources t... Read More


ixigo Allots 10.58 Lakh Shares Under ESOP Schemes

India, Jan. 29 -- Online travel aggregator (OTA) ixigo has allotted 10.58 Lakh equity shares to eligible employees under various employee stock option plan (ESOP) schemes. In a filing with the exchan... Read More


To Infinity & Beyond: Meet 25 Spacetech Startups Winning The Space Race For India

India, Jan. 29 -- Until 2020, India was not open to including private players in space missions. However, in 2020, the Indian government made a significant policy shift by allowing private players to ... Read More


Budget 2025: Experts Pitch For Tax Relief, Urgent Consumer Spending Revival

India, Jan. 29 -- The cry for a boost to revive India's consumption story turns louder as the day of the Union Budget for 2025-26 nears. Higher interest rates, tepid salary hikes, poor job prospects, ... Read More


Alibaba Unveils New AI Model, Claims It Outperforms DeepSeek & GPT-4o

India, Jan. 29 -- Chinese tech giant Alibaba has rolled out a new version of its Qwen 2.5 artificial intelligence (AI) model, claiming that it outperformed DeepSeek's most advanced open source AI mode... Read More


Fino Payments Bank's Q3 Profit Almost Flat At INR 23 Cr

India, Jan. 29 -- Fino Payments Bank posted a net profit of INR 23.11 Cr in the third quarter of fiscal year 2024-25 (Q3 FY25), up 1.3% from INR 22.80 Cr in the same quarter last year. Sequentially, p... Read More


Can Harfun Make The Cut In The Highly Competetive Workwear Space?

India, Jan. 29 -- Ever since the Covid-19 pandemic brought the world to its knees in early 2020, a lot changed too quickly. When work from home emerged as the new normal, computer screens became the n... Read More


Prime Venture-Backed Gallabox Nets $3.5 Mn To Build Agentic AI Solutions

India, Jan. 29 -- Enterprisetech startup Gallabox has secured $3.5 Mn (INR 30.3 Cr) in an extension of its seed funding round led by Seattle-based investor firm FUSE Partners. The company's existing ... Read More