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True North Acquires Minority Stake in IPO-Bound InMobi

India, Sept. 26 -- Private equity firm True North has reportedly acquired a minority stake worth around $50-60 Mn in IPO-bound adtech startup InMobi via secondary share purchases. As per a Livemint r... Read More


IIT Madras, Unicorn India Ventures Mark First Close Of Fund I At Rs.450 Cr

India, Sept. 26 -- IIT Madras, IIT Madras Research Park (IITMRP), and Unicorn India Ventures have announced the first close of their deeptech-focused IITM Unicorn Frontier Fund I at Rs.450 Cr (about $... Read More


Aequs To Raise Rs.650 Cr Via Preferential Issue To Bolster Manufacturing Capacity

India, Sept. 26 -- Contract manufacturing company Aequs' board has approved a fund raise of up to Rs.650 Cr via a preferential issue of warrants to the promoter group, Mellwood Trustee Services Pvt Lt... Read More


Govt Mulls Rs.20,000 Cr Fund To Power Frontier AI, Compute Ecosystem: Report

India, Sept. 25 -- The Centre is considering an anchor investment of Rs.15,000 Cr to Rs.20,000 Cr in a proposed fund aimed at supporting frontier AI companies and expanding the country's compute infra... Read More


How Pine Labs Shifted Gears: From PoS Devices To An AI-Powered Fintech Stack

India, Sept. 25 -- In 1998, the newly incorporated Pine Labs was helping petrol pumps accept payments and manage loyalty programmes. Nearly three decades later, Pine Labs is a listed company that has ... Read More


The Insurance Shuffle, Moneyview IPO Day 1 & More

India, Sept. 25 -- IRDAI Resets Insurtech's Economics The IRDAI has proposed a radical overhaul of the insurance tech sector. The draft norms threaten to dismantle lucrative payout structures, impose... Read More


[Update] AceVector IPO Subscribed 23% On Day 1, Retail Quota Booked 62%

India, Sept. 25 -- Update| September 25, 2026 18:55 IST Snapdeal parent AceVector's Rs.420 Cr IPO was subscribed 23% at the end of the first day of bidding today. The issue received bids for 1.72 Cr ... Read More


[Update] Moneyview IPO Subscribed 6.01X At End Of Day 2

India, Sept. 25 -- Update | September 25, 2026, 17:40 IST Moneyview's IPO was subscribed 6.01X at the end of the second day of bidding, with investors placing bids for 139.8 Cr shares against 23.25 C... Read More


GalaxEye Gets Rs.63.8 Cr RDI Support For Multisensor Satellite Tech

India, Sept. 25 -- Spacetech startup GalaxEye has secured Rs.63.84 Cr in financial support under the Centre's Research, Development and Innovation (RDI) Fund to develop its next-generation multisensor... Read More


How Enterprises Are Building Robust Infra Backbone For AI At Scale

India, Sept. 25 -- After the proliferation of AI adoption, enterprise India has started to ask whether its infrastructure is robust enough to survive the shift. With the country's enterprise AI market... Read More