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TVS' Home Credit Acquires Varthana Finance To Expand Lending Footprint

India, July 15 -- TVS VENU Group-led NBFC Home Credit India has approved the complete acquisition of education-focused NBFC Varthana Finance in an all-cash deal.The company did not disclose the financ... Read More


How Bolna AI Is Helping Enterprises To Win The Voice AI Race

India, July 15 -- Enterprises are moving fast to adopt voice AI. Across ecommerce, banking, education, recruitment and customer support, companies want voice agents that can sell products, onboard cus... Read More


How Bolna AI Is Helping Enterprises Win The Voice AI Race

India, July 15 -- Enterprises are moving fast to adopt voice AI. Across ecommerce, banking, education, recruitment and customer support, companies want voice agents that can sell products, onboard cus... Read More


E3 Electric.Ai Nets Rs.100 Cr To Launch Electric Scooter Range

India, July 15 -- Electric mobility startup E3 Electric.Ai has raised Rs.100 Cr (about $10.4 Mn) in a mix of equity and debt as part of its Series A funding round led by BluVenture Holdings, with part... Read More


Emergent Joins Unicorn Club After Raising $130 Mn At $1.5 Bn Valuation

India, July 15 -- It's raining unicorns this year. Less than a month after proptech startup Square Yards became the country's 131st unicorn, AI software creation platform Emergent has entered the cove... Read More


Promom Bags Rs.30 Cr From Fireside Ventures To Expand Mom & Baby Care Portfolio

India, July 15 -- Maternal and baby care startup Promom has raised Rs.30 Cr ($3.1 Mn) in a funding round led by Fireside Ventures. The startup plans to use the fresh capital to expand its product port... Read More


Centre Doubles Down On Mobile Manufacturing With Rs.62,500 Cr Scheme

India, July 15 -- In a bid to boost mobile phone manufacturing in the country, the Union Cabinet approved a Mobile Phone Manufacturing Scheme (MPMS) with a budgetary outlay of Rs.62,500 Cr. The scheme... Read More


Zomato Piloting AI-Powered Voice Bot For Food Delivery

India, July 15 -- Eternal's food delivery arm Zomato is piloting an AI-powered voice bot that allows users to order food using voice commands. Inc42 was able to verify the presence of such a voice bo... Read More


Cabinet Approves Rs.1.28 Lakh Cr Semicon 2.0 To Boost India's Chip Ecosystem

India, July 15 -- The Union Cabinet today approved the second phase of the Indian Semiconductor Mission, Semicon 2.0, with an outlay of Rs.1.28 Lakh Cr to strengthen India's chip design and manufactur... Read More


Ather Energy To Raise Rs.1,200 Cr To Fuel Next Phase Of Growth

India, July 15 -- Electric two-wheeler (E2W) maker Ather Energy's board has approved a fundraise of up to Rs.1,200 Cr via a preferential issue that will combine both equity shares and convertible warr... Read More