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Exclusive: Graph AI In Talks To Raise $14 Mn From Insight Partners, Others

India, July 6 -- Pharmaceutical-sector focused AI startup Graph AI is in talks to raise $14 Mn (about Rs.133 Cr) in a Series A funding round, sources told Inc42. The funding round will be led by US-b... Read More


PhonePe Insurance Arm's CEO Vishal Gupta Steps Down

India, July 6 -- In another leadership exit at IPO-bound fintech major PhonePe, PhonePe Insurance Broking Services' CEO Vishal Gupta has quit and founded a new stealth startup. Taking to LinkedIn, Gu... Read More


Apple Restores Card Payments For App Store, iCloud In India: Report

India, July 6 -- Apple has reportedly resumed accepting credit and debit card payments for App Store purchases and subscription services such as iCloud in India, nearly four years after withdrawing th... Read More


Enterprise AI Startup C5i Files Confidential IPO Papers With SEBI

India, July 6 -- Data analytics and AI startup C5i, erstwhile known as Course5 Intelligence has filed its draft red herring prospectus (DRHP) with the SEBI via the confidential route. This marks the s... Read More


Nykaa Shares Hit 52-Week High After Bullish Q1 Growth Outlook

India, July 6 -- Shares of beauty and personal care (BPC) major Nykaa surged over 3% to hit a fresh 52-week high of Rs.319.95 on the BSE today after it projected around 30% YoY growth in consolidated ... Read More


Zeta Founder Bhavin Turakhia Launches Enterprise AI Startup Neo

India, July 6 -- Zeta founder Bhavin Turakhia has launched a new AI startup, Neo, with a personal investment of $30 Mn. Announcing the launch in a post on X, Turakhia said Neo is designed to address ... Read More


Next Bharat Ventures Launches Rs.2,000 Cr Second Impact Fund

India, July 6 -- Japan-based Suzuki Motor's Next Bharat Ventures has launched its second impact investment fund with a corpus of Rs.2,000 Cr for Indian startups. The fund will focus on early and grow... Read More


Quick Fashion Startup Klydo Shuts Shop, Teases Pivot

India, July 6 -- Fashion focused quick commerce startup Klydo has paused its consumer operations less than a year after launch. As per a note on the startup's platforms, the Bengaluru-based quick comm... Read More


Dream 11's Wealthtech Fantasy Is Over

India, July 5 -- Can you really build a house on sand? Well, you can, but it is futile. And that is exactly what has happened with Dream11. The erstwhile RMG giant ventured into fintech after the Pro... Read More


The Legal Battle That Could Reshape India's Gig Economy

India, July 5 -- ".the amount is not being demanded by the state as a charity. It is demanded in terms of promulgation of a legislation. Therefore. the amount of the second quarter shall be deposited ... Read More