Skyroot Invites Bids To Raise $200 Mn At A Valuation Of $2 Bn

India, Aug. 6 -- Barely three months after raising $60 Mn at a unicorn valuation, spacetech giant Skyroot Aerospace is back in the market for fresh capital. Sources told Moneycontrol that the startup... Read More

From Firefly To Honeybee: How India's Pixxel Is Widening What Satellites Can See

India, Aug. 6 -- In 2024, NASA was looking at how to incorporate hyperspectral imagery at scale. Having been introduced in the early 1980s, hyperspectral imaging quickly became the standard for aerial... Read More

Nazara To Raise Rs.733 Cr Via Preferential Issue To Fund Acquisitions, Growth

India, Aug. 6 -- Gaming major Nazara Technologies has approved raising up to Rs.733.5 Cr through a preferential issue of equity shares to fund strategic acquisitions, growth initiatives across its gam... Read More

Dronetech Startup Garuda Aerospace Gets SEBI Nod For Rs.750 Cr+ IPO

India, Aug. 6 -- Chennai-based Garuda Aerospace has received SEBI's final observation for its proposed IPO, paving the way for the dronetech startup to launch its public issue. According to SEBI's la... Read More

Govt Operationalises New Framework To Spur Ecommerce Exports

India, Aug. 6 -- More than a week after exempting B2B ecommerce exports from foreign direct investment (FDI) rules, the government has now notified the new norms to enable online marketplaces to expor... Read More

Swiggy Bets On Toing, Instamart To Achieve Rs.10,000 Cr Adjusted EBITDA By FY31

India, Aug. 6 -- Swiggy is banking on its affordable meals platform Toing and quick commerce business Instamart to achieve a consolidated adjusted EBITDA of Rs.10,000 Cr by FY31. At its Capital Marke... Read More

Consint.AI Bags Rs.22 Cr To Expand Globally, Build AI Model For Risk And Fraud Detection

India, Aug. 6 -- AI startup Consint.AI, which offers an AI-powered healthcare fraud and management platform to enterprises, has raised Rs.22 Cr (about $2.3 Mn) in its Series A funding round from BIG G... Read More

RateGain Q1 Profit More Than Doubles YoY To Rs.95 Cr, Revenue Skyrockets 188%

India, Aug. 6 -- Travel-focused SaaS company RateGain bolstered its profitability in the first quarter of FY27, reporting a consolidated profit of Rs.94.9 Cr. While this marked a 102% jump from Rs.46.... Read More

Ola Electric Shifts To Dealer-Led Sales Model To Expand Reach

India, Aug. 6 -- Electric two-wheeler maker Ola Electric is shifting to a dealer-led sales and service model across India as it looks to expand its EV presence beyond its company-owned retail network.... Read More

Piper Serica's Rs.800 Cr Bharat Tech Fund Hits First Close At Rs.300 Cr

India, Aug. 6 -- Mumbai-based asset management firm Piper Serica has achieved the first close of its Rs.800 Cr Bharat Tech Fund at Rs.300 Cr. The development comes months after Piper Serica launched t... Read More

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