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SoftBank Sells 1.2% Stake In Ola Electric, Offloads 1.12 Cr Rights Entitlements

India, Oct. 27 -- Japanese tech investor SoftBank has sold another 1.2% stake in Ola Electric through a series of open market transactions between January 6 and October 22, reducing its holding in the... Read More


Luxury Watch Brand Rotoris Raises $8.5 Mn To Grow Retail Footprint

India, Oct. 27 -- Luxury watch brand Rotoris has raised $8.5 Mn (Rs.80.9 Cr) in a Series A funding round led by Blume Ventures. The round also saw participation from 100Unicorns, Centricity, Diwakar G... Read More


Cent Raises $15 Mn To Scale AI-Led Preventive Healthcare Platform

India, Oct. 27 -- Healthtech startup Cent, launched by Practo cofounder Shashank ND earlier this year, announced the raise of $15 Mn (about Rs.143 Cr) in a Series A round led by Blume Ventures and exi... Read More


Ministry Of Defence Partners With Sarvam To Drive AI Adoption For Armed Forces

India, Oct. 27 -- Sarvam has signed a memorandum of understanding (MoU) with the Ministry of Defence (MoD) to advance AI adoption across Indian armed forces - Indian Army, Indian Navy and Indian Air F... Read More


News Publishers Move SC To Challenge The DPDP Act

India, Oct. 27 -- A group of 21 news publishers has reportedly challenged India's Digital Personal Data Protection (DPDP) Act in the Supreme Court (SC), arguing that the law could undermine investigat... Read More


BioStack Nets $9.5 Mn To Build Training Datasets For Medical AI

India, Oct. 27 -- AI-powered healthtech platform BioStack has raised $9.5 Mn (Rs.90.4 Cr) in its seed funding round led by Peak XV Partners, Afore Capital, DCVC, Emerson Collective, SV Angel, Verdict ... Read More


Baillie Gifford Funds Slash Value Of Holdings In Dailyhunt Parent VerSe By Up To 80%

India, Oct. 27 -- VerSe Innovation, the parent of news aggregator Dailyhunt and short-video platform Josh, has seen two investment funds managed by Baillie Gifford mark down the value of their holding... Read More


Matiks Bags $10 Mn To Take Its Puzzle Gaming Platform Global

India, Oct. 26 -- Social gaming platform Matiks has raised $10 Mn (Rs.95.1 Cr) in its Pre-Series A funding round led by General Catalyst. The round also saw participation from upGrad founder Ronnie S... Read More


Unacademy Cofounders Plan Rs.700 Cr AI, Deeptech Fund Longshot Capital

India, Oct. 26 -- Unacademy cofounders Gaurav Munjal and Roman Saini are raising a Rs.700 Cr venture capital fund to back AI and deeptech startups, less than two months after upGrad completed the acqu... Read More


LEAP India Q2: Profit Zooms 62% YoY To Rs.18 Cr, Revenue Up 18%

India, Oct. 26 -- Logistics company LEAP India reported a net profit of Rs.17.8 Cr in the second quarter (Q2) of the fiscal year 2026-27 (FY27), up 62% from nearly Rs.11 Cr in the year-ago period. Seq... Read More