India, June 4 -- Electric vehicle (EV) maker Ola Electric has completed its qualified institutional placement (QIP), raising Rs.780.24 Cr by issuing 21.75 Cr equity shares at an issue price of Rs.35.8... Read More
India, June 4 -- When Harsh Somaiya and Tanvi Somaiya incorporated The Bear House, a Bengaluru-based premium menswear brand, in 2019, they were convinced that India's D2C boom would give them wings to... Read More
India, June 4 -- Ola Valuation Slashed By 99% Problems continue to pile up at Ola. Early backer Vanguard has marked down the ride-hailing giant's valuation to about $70 Mn on its books, a near-total ... Read More
India, June 4 -- In a landmark judgement, the Delhi High Court (HC) imposed a fine of Rs.30 Lakh on search and AI giant Google for violating the trademark of sanitaryware major Hindware. It's a trivia... Read More
India, June 4 -- Gurugram-based enterprise AI startup TrueFan AI has raised $10 Mn (about Rs.96 Cr) in its Series A funding round led by Baring Private Equity Partners India and Z3Partners. IAN Alpha ... Read More
India, June 4 -- Fintech platform WeRize has raised $7 Mn (about Rs.67.1 Cr) from in a pre-Series C funding round led by Sony Innovation Fund. Existing investor 3one4 Capital also participated in the ... Read More
India, June 4 -- Former Microsoft Asia Pacific (APAC) president, Ahmed Mazhari, has launched agentic AI startup kAIgentic in strategic partnership with $10 Mn investment from SMBC Group, Japanese mult... Read More
India, June 4 -- When Dr Gaurav Kharya returned to India in 2014 after training at Newcastle and Imperial College London, he carried a quiet frustration. As a pediatric blood cancer specialist, he had... Read More
India, June 4 -- The Supreme Court has released a comprehensive draft framework governing the use of artificial intelligence (AI) in the Indian judiciary, proposing strict restrictions that ensure AI ... Read More
India, June 4 -- The Central Consumer Protection Authority (CCPA) has imposed a penalty of Rs.5 Lakh on edtech major PhysicsWallah for using dark patterns on its platform, including a pre-selected don... Read More