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Nova Spectral AI Raises Rs.21.2 Cr To Build Indigenous Infrared Sensor Chips

India, Oct. 27 -- Bengaluru-based Nova Spectral AI has raised Rs.21.2 Cr ($2.3 Mn) in a seed funding round led by Shastra VC, with participation from Equirus InnovateX Fund and angel investors. Found... Read More


Ather Turns Profitable, Paytm Q2 PAT Rockets & More

India, Oct. 27 -- Ather's Profit Milestone Meets A Manufacturing Crunch Electric two-wheeler maker Ather Energy turned its maiden profit in Q2 FY27, and now plans to sustain its growth momentum via a... Read More


Exclusive: Ex-Pixxel Engineer Effy John's Parsec Aerospace In Talks To Raise $10 Mn

India, Oct. 27 -- Aerospace technology startup Parsec Aerospace, founded by former Pixxel engineer Effy John, is in talks to raise around $10 Mn (about Rs.95 Cr) in a funding round led by Nexus Ventur... Read More


Live2.ai Raises Rs.130 Cr To Scale AI Marketing SaaS Platform

India, Oct. 27 -- Bengaluru-based AI startup Live2.ai has raised Rs.130 Cr ($13.7 Mn) in a pre-Series B funding round led by IvyCap Ventures. The fundraise comprises both a fresh issue as well as a se... Read More


Protectt.ai To Acquire Controlling Stake In Bosch's AIShield

India, Oct. 27 -- AI-native cybersecurity startup Protectt.ai plans to acquire a controlling stake in AIShield, an AI security platform incubated within Bosch Global Software Technologies (BGSW). Bosc... Read More


Healthy Snacking Brand Troovy Bags Rs.100 Cr To Expand Offline Presence, Enter New Categories

India, Oct. 27 -- Healthy snacking brand Troovy has raised Rs.100 Cr ($10.5 Mn) in a Series B funding round led by existing investor Fireside Ventures, with participation from Sharrp Ventures. The st... Read More


[Update] SC Seeks Centre's Response On News Publishers' Plea Against DPDP Act

India, Oct. 27 -- Update | October 27, 17:42 IST The Supreme Court today sought responses from the Centre and the Ministry of Electronics and Information Technology (MeitY) on a plea challenging prov... Read More


Simplismart Bags $14 Mn To Expand AI Inference Platform

India, Oct. 27 -- AI infrastructure startup Simplismart has raised $14 Mn (around Rs.133 Cr) in a Series B funding round led by Dallas Venture Capital, with participation from NVIDIA, Accel, Shastra V... Read More


Why This Festive Season Is Getting More Expensive For Ecommerce Sellers

India, Oct. 27 -- Consider a kurta priced at Rs.799 sold directly on Flipkart by a fashion brand such as Globus Fashion. Since July, Flipkart stopped charging a commission on fashion products, so on ... Read More


IndiaMART Q2 Profit Rises 10% YoY To Rs.91 Cr

India, Oct. 27 -- B2B ecommerce platform IndiaMART InterMESH's net profit for the September quarter (Q2 FY27) rose 9.8% YoY to Rs.90.7 Cr from Rs.82.6 Cr in the year ago quarter. Sequentially, profit ... Read More