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Indian Startups Raise USD 2 Billion in Q1 Amid Steady Funding Environment

New Delhi, April 23 -- Indian startups raised USD 2 billion in funding in the January-March 2024 quarter, according to data from market research firm Tracxn. While this marks a 40 per cent decline f... Read More


Sona Comstar Opens Plant In Mexico To Produce Driveline Systems For Battery Electric Vehicles

New Delhi, April 23 -- Sona BLW Precision Forgings (Sona Comstar), an Indian auto components maker, has inaugurated a new manufacturing facility in Silao, Mexico to produce driveline systems for Batte... Read More


Robust Demand Driving India's Business Activity To 14-Year High: HSBC Survey

New Delhi, April 23 -- India's business activity expanded at the fastest pace in nearly 14 years this month, driven by robust demand, according to an HSBC survey released on Tuesday. The survey also... Read More


India Gears Up For World Bank's B-READY Report, Aims to Showcase Business Environment Reforms

New Delhi, April 22 -- As the World Bank prepares to launch its new flagship Business Ready (B-READY) report assessing business environments worldwide, the Indian government has initiated early prepar... Read More


Hyderabad-Based Space Startup Dhruva Space Secures $9.6M Funding, Aims For Vertical Integration

Chennai, April 22 -- In a significant move towards vertical integration in India's burgeoning space technology sector, Dhruva Space, a Hyderabad-based startup, has raised Rs 78 crore (USD 9.6 million)... Read More


Govt Considers Further Liberalising FDI Norms In Banking, Insurance & Defence

New Delhi, April 22 -- The Indian government is exploring the possibility of further liberalising foreign direct investment (FDI) norms in crucial sectors such as banking, insurance, and defence. This... Read More


Refractory Major Vesuvius India Announces Rs 1,000 Crore Expansion

New Delhi, April 22 -- Vesuvius India Ltd, a subsidiary of the UK-based refractory maker Vesuvius Group, has unveiled ambitious expansion plans involving an investment of around Rs 1,000 crore in the ... Read More


RUNO Secures USD 1.5 Mn In Pre-Series A Round to Fuel Global Expansion

New Delhi, April 22 -- RUNO, a Mobile SIM-based outbound call management CRM, has secured USD 1.5 million in a pre-Series A funding round led by prominent investors Unicorn India Ventures and Callapin... Read More


Spectre Of Iran Blocking Strait of Hormuz Could Push Oil Beyond USD 100: Indian Official

New Delhi, April 22 -- The simmering conflict between Iran and Israel is sending shockwaves through Indian industries, signifying longer delivery times, soaring freight rates, extended working capital... Read More


VinFast's $2B Tamil Nadu Investment Hangs Over Confusion On EV Policy Incentives

New Delhi, April 22 -- VinFast, the Vietnamese electric vehicle maker, has found itself in a confusing situation regarding the applicability of incentives and subsidies under India's newly approved EV... Read More