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Uber Initiates Talks To Acquire BluSmart, Says Report; Startup Denies

India, March 17 -- Ride-hailing giant Uber is reportedly in early talks to acquire EV cab-hailing startup BluSmart Mobility. The development comes at a time when Gensol Engineering, a solar engineeri... Read More


Centre To Launch INR 23K Cr PLI Scheme For Electronics Components

India, March 17 -- The IT ministry has reportedly finalised a production linked incentive scheme (PLI) for manufacturing electronics components. The PLI scheme will have an allocation of INR 23,000 C... Read More


Moderating Dark Store Additions Likely To Help Zepto Contain Q4 Quick Commerce Burn: JP Morgan

India, March 17 -- While Zomato-owned Blinkit and Swiggy Instamart are accelerating the pace of dark store network expansion, IPO-bound Zepto is slowing down, which suggests a potential easing in comp... Read More


Haryana To Encourage Investors To Create INR 2,000 Cr 'Fund Of Funds' For Startups

India, March 17 -- In the state's budget for 2025-26, Haryana chief minister Nayab Singh Saini said the state government will be encouraging private investors to contribute INR 2,000 Cr for a "Fund of... Read More


Haryana Govt To Encourage PIs To Create INR 2,000 Cr 'Fund Of Funds' For Startups

India, March 17 -- In the state's budget for 2025-26, Haryana chief minister Nayab Singh Saini said the state government will be encouraging private investors to contribute INR 2,000 Cr for a "Fund of... Read More


Ericsson, Volvo Group & Airtel Partner to Drive Digital Twins, XR Adoption in India

India, March 17 -- Ericsson, Volvo Group and Bharti Airtel have teamed up to explore extended reality (XR), digital twins and AI in manufacturing. The partnership will look to leverage 5G and 5G Adva... Read More


Infosys Among Bidders Shortlisted For In-SPACe's INR 1,500 Cr Mission: Report

India, March 17 -- In the run-up to the submission of draft request for proposal (RFP) of Indian National Space Promotion and Authorisation Centre's (IN-SPACe) INR 1,500 Cr project, a report by The Hi... Read More


From AI To D2C? Behind The Strange Pivot By Aakash Anand's Unikon.ai

India, March 17 -- How much of AI is hype? The question has been going around for a few years now. At least, in the context of Unikon.ai, the answer is now clear. The startup, founded by Aakash Anand... Read More


GeM Crosses INR 5 Lakh Cr GMV Before FY25 End

India, March 17 -- The central government's e-marketplace (GeM) has surpassed INR 5 Lakh Cr in Gross Merchandise Value (GMV) on its portal before the end of current fiscal year 2024-25 (FY25). The na... Read More


Info Edge's Jeevansathi To Infuse INR 30 Cr Into Its Subsidiary

India, March 17 -- Info Edge-owned matrimonial portal Jeevansathi is set to infuse INR 30 Cr (around $3.5 Mn ) into its wholly-owned subsidiary Aisle Network Private Limited. "This is to inform you t... Read More