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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


Healthy Snacking Brand Open Secret Raises Rs.50 Cr To Scale Offline Presence

India, July 15 -- D2C healthy snacking brand Open Secret has raised over Rs.50 Cr ($5.2 Mn) in a funding round led by Desai Brothers Group. The round includes Rs.30 Cr in primary equity from Desai Bro... Read More


BigBasket To Slash Geographical Presence By Half To 40 Cities: Report

India, July 15 -- BigBasket is looking to slash its geographical presence amid rising competition in the quick commerce sector, with plans to restrict its operations to 40 profitable cities from 76 cu... Read More


AI Startups To Watch: 5 Startups That Caught Our Eye In July

India, July 15 -- The Indian AI ecosystem is no longer restricted to chatbots, agents and copilots. Across industries, tech is increasingly being deployed to solve specific business problems in short... Read More


The Black Box Era Of Enterprise AI Is Ending, As Customer-Controlled AI Takes Spotlight

India, July 15 -- The first fight in enterprise AI is over per-token pricing. The next is over ownership of data, weights, and competitive advantage, and regulators are already picking a side. The win... Read More


The Black Box Era Of Enterprise AI Is Ending As Customer-Controlled AI Takes Spotlight

India, July 15 -- The first fight in enterprise AI is over per-token pricing. The next is over ownership of data, weights, and competitive advantage, and regulators are already picking a side. The win... Read More