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Exclusive: DeHaat Raises INR 200 Cr Debt For Geographic Expansion

India, April 25 -- Agritech soonicorn DeHaat has raised INR 200 Cr (around $23.4 Mn) in venture debt from Trifecta Capital. DeHaat's board issued 1,000 non-convertible debentures (NCDs) at INR 10 Lak... Read More


Delhi HC Restrains BluSmart From Alienating 175+ EVs Leased From Orix

India, April 25 -- The Delhi High Court has reportedly restrained BluSmart and Gensol Engineering from alienating or creating third-party rights on 175+ EVs leased to them by Japanese financial servic... Read More


Amazon Injects INR 350 Cr Into India Payments Arm

India, April 25 -- Ecommerce giant Amazon has infused INR 350 Cr into its digital payments arm Amazon Pay India as it looks to scale up its presence in the country's UPI market. According to the MCA ... Read More


India Needs Resilient Ecosystem To Store Critical Data: MeitY Secretary

India, April 25 -- With India looking to adopt emerging technologies such as artificial intelligence, it is essential to have a resilient ecosystem where critical data can be stored, said MeitY Secret... Read More


IndigoEdge & Hitesh Ahuja's PixelSky Launches INR 400 Cr Secondaries Fund

India, April 25 -- Bengaluru-based investment bank IndigoEdge and entrepreneur Hitesh Ahuja have launched their maiden secondaries fund, PixelSky Capital, with a target corpus of INR 400 Cr. The fund... Read More


Apple Plans To Shift Entire US iPhone Assembly To India By 2026: Report

India, April 25 -- Apple is reportedly planning to shift the entire assembly of iPhones sold in the US to India by as early as next year. This would mark a major move in Apple's global manufacturing ... Read More


Centre May Tweak EV Manufacturing Policy Post US Tariff Clarity: Report

India, April 25 -- The Centre is reportedly open to modifying its Scheme to Promote Manufacturing of Electric Passenger Cars in India (SMEC) based on the outcomes of the Bilateral Trade Agreement (BTA... Read More


Peak XV Eyes Up To $1.4 Bn For Maiden Independent Fund: Report

India, April 25 -- Venture capital firm Peak XV Partners is reportedly planning to raise its first independent fund since splitting with US-based Sequoia Capital two years ago. An ET report, citing p... Read More


Centre Looks To Add Another 15,000 GPUs Under IndiaAI Mission

India, April 25 -- The government is reportedly considering adding 15,000 more graphics processing units (GPUs) through procurement and supply under the IndiaAI Mission. An ET report, citing a senior... Read More


PB Fintech's Healthcare Arm To Rake In INR 1,461 Cr In Seed Funding

India, April 24 -- As PB Fintech's healthcare dreams take shape, the listed fintech major disclosed that its new healthcare subsidiary, PB Healthcare Services Pvt Ltd, will be raising INR 1,461.60 Cr ... Read More