Exclusive

Publication

Byline

Location

Elevation Capital Launches $400 Mn Fund for IPO-Bound Startups

India, Aug. 29 -- VC firm Elevation Capital has launched a late stage fund, Elevation Holdings, with a corpus of $400 Mn to back startups looking to go public. "We are thrilled to launch Elevation Ho... Read More


User Refunds For RMG: Fintechs Seek Clarity After Ban

India, Aug. 29 -- Days after the Online Gaming Bill disrupted the Indian real money gaming (RMG) industry, fintech companies and banks have reportedly reached out to the MeitY and the RBI for clear gu... Read More


Uniphore Acquires Orby AI To Bolster Enterprise AI Cloud Platform

India, Aug. 29 -- Conversational automation unicorn Uniphore has acquired Orby AI to strengthen its enterprise AI cloud offering for an undisclosed sum. According to Uniphore, integrating Orby AI wil... Read More


BookMyShow, District Partner I&B Min To Boost India's Live Events Space

India, Aug. 29 -- The Ministry of Information & Broadcasting (MIB) announced today that it had convened the first meeting of a Joint Working Group (JWG) for the promotion of the live events industry a... Read More


Groww Gets IPO Green Light, RMG Ban Challenged & More

India, Aug. 29 -- Groww Sets Sails For D-Street All decks have been cleared for Groww's D-Street debut. The investment tech unicorn has received SEBI's nod after making a confidential filing, and as ... Read More


VC Firm a99 To Launch Third Fund With $100 Mn Corpus

India, Aug. 29 -- Early stage focussed VC firm a99 (formerly Artha99) is raising its third fund with a target corpus of $100 Mn (about INR 850 Cr). With this fund, the firm aims to back 12-15 startup... Read More


Jio Unveils AI-Powered Smart Glasses 'Jio Frames'

India, Aug. 29 -- Jio unveiled its AI-powered smart glasses 'Jio Frames' during Reliance Industries Ltd's (RIL's) 48th annual general meeting today. Akash Ambani, chairman of Reliance Jio Infocomm, s... Read More


Can Fancode Fill Dream11's RMG Revenue Vacuum?

India, Aug. 29 -- Last week, India's $12 Bn real money gaming (RMG) industry was dismantled overnight after a ban on many formats of online games. Within three days, the once-booming sector was reduce... Read More


RIL Incorporates New AI Subsidiary 'Reliance Intelligence'

India, Aug. 29 -- Amid the global AI boom, Reliance Industries Ltd (RIL) MD and chairman Mukesh Ambani announced the company's plans to incorporate a wholly owned AI subsidiary, Reliance Intelligence.... Read More


RIL, Meta Form AI Joint Venture To Deliver Open Source Models In India

India, Aug. 29 -- Reliance Industries Ltd (RIL) chairman and MD Mukesh Ambani today announced a new joint venture with Meta to develop and deliver open source AI models for Indian enterprises. Speaki... Read More