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[Update] Centre Planning INR 1,345 Cr Incentive Scheme To Make Rare Earth Magnets

India, July 11 -- Update | July 11, 03:47 PM The central government is reportedly working on an INR 1,345 Cr scheme to incentivise local magnet production. Union minister for heavy industries H D Ku... Read More


Astrotalk In Talks To Raise $50 Mn At Unicorn Valuation

India, July 11 -- Delhi NCR-based online astrology platform Astrotalk is looking to raise its Series B funding at a unicorn valuation, people aware of the matter who spoke to Inc42 on the condition of... Read More


After Bike Taxi, Bus Aggregators Run Under Maharashtra Scanner

India, July 11 -- Ride-hailing platforms like Uber are once again in the crosshairs of the Maharashtra government. This time, it is for the bus aggregator service. A week after Maharashtra transport ... Read More


Now, Bengaluru Metro & Bus Commuters Can Buy Tickets Via Namma Yatri, Tummoc Apps

India, July 11 -- Bengaluru commuters will soon be able to book their metro and bus tickets through mobility apps Namma Yatri and Tummoc. The Bengaluru Metropolitan Transport Corporation (BMTC) and B... Read More


Shiprocket Unveils Shunya.ai To Help Businesses Streamline Supply Chain

India, July 11 -- IPO-bound logistics platform Shiprocket has unveiled Shunya.ai, an agentic AI stack to support micro, small and medium enterprises (MSME) and D2C business by facilitating multilingua... Read More


Bharti Space To Invest Additional INR 1,204 Cr In Eutelsat

India, July 11 -- Bharti Enterprises' space arm, Bharti Space Limited, will reportedly invest an additional €120 Mn (nearly INR 1,204 Cr) in French satellite group Eutelsat. According to Livemi... Read More


Smartworks IPO: Issue Subscribed 72% On Day 2 So Far

India, July 11 -- After ending the first day of its IPO with an overall subscription of 50%, driven primarily by the enthusiasm of non-institutional investors (NIIs), the second day of Smartworks' bid... Read More


VCs To Double Down On Indian AI & Defence Tech Startup Investments In H2 2025

India, July 11 -- Backed by rising investor interest and strong government support, AI and defence tech sectors are poised to emerge as the most sought-after sectors in India's startup ecosystem for t... Read More


BYJU'S Insolvency Saga: RP Sues Dubai Partner For INR 1,597 Cr

India, July 11 -- The resolution professional (RP) of Think and Learn Pvt Ltd., the parent of troubled edtech startup BYJU'S, has reportedly filed an INR 1,597 Cr (about $186.2 Mn) lawsuit against its... Read More


PhonePay, Google Pay Continue To Lead UPI Race In June

India, July 11 -- Maintaining consistency, the Unified Payments Interface (UPI) saw marginal to no change in its app players performance for June. PhonePe and Google Pay maintained their duopoly foll... Read More