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Armatrix Raises $2.1 Million in Funding Round Led by pi Ventures, Backed by WTFund

Early-stage technology startup Armatrix has raised $2.1 million in a funding round led by deeptech-focused venture capital firm pi Ventures, with participation from WTFund. The fresh capital will be used…

Indian Government Blocks 5 OTT Platforms for Streaming Obscene Content

The Government of India has blocked five over-the-top (OTT) streaming platforms, including Jugnu and MoodXVIP, after finding that they were distributing obscene and potentially pornographic content in violation of Indian…

JioMart CEO and Other Leaders Invest ₹1.5 Crore in Hyderabad-Based Student Mobility Startup ZeroMobIt

Hyderabad-based student mobility startup ZeroMobIt has raised ₹1.5 crore in an early-stage funding round backed by senior industry leaders, including the CEO of JioMart. The investment will be used to…

LAT Aerospace Acquires Sharang Shakti to Enter India’s Defence Technology Space

Aerospace startup LAT Aerospace has acquired defence-focused firm Sharang Shakti, marking its formal entry into India’s fast-growing defence technology sector. The acquisition signals LAT Aerospace’s intent to expand beyond civil…

After a ₹21,020 Crore Exit at 35, Ankit Chona Starts Over to Chase Another ₹21,000 Crore Dream

Most entrepreneurs would slow down after a life-changing exit. Ankit Chona did the opposite. After selling Havmor in 2017 in a landmark deal valued at ₹21,020 crore, Chona chose to…

Employee Orders ₹2 Lakh Worth of Shoes Using Staff Discount, Quits and Sends Harassment Notice

A newly hired employee allegedly misused a company’s internal discount policy to order footwear worth nearly ₹2 lakh, resigned shortly after joining, and later sent a legal notice accusing the…

IAN Alpha Fund Leads $3 Million Investment in Mojro to Scale B2B Logistics Software Platform

B2B logistics software startup Mojro has raised $3 million in a funding round led by IAN Alpha Fund, along with participation from other investors, to accelerate growth of its AI-powered…

UAE’s G42 to Build 8 Exaflop AI Supercomputer in India

Abu Dhabi-based technology group G42 has announced plans to establish a powerful national-scale AI supercomputer in India with a peak computing capacity of 8 exaflops, marking a major advancement in…

How Two Founders Turned Luggage Into a ₹240 Crore Statement Brand

In 2019, two professionals walked away from comfortable corporate careers to build something bold. Mokobara was founded by Sangeet Agrawal and Navin Parwal with a simple but powerful belief, travel…

IIT Bombay alumni founded Bewakoof sees revenue reach 7175 crore in FY25 as losses fall

Founded by IIT Bombay alumni, Bewakoof started as a bold youth fashion brand that spoke the language of India’s internet generation. What began as quirky printed T-shirts slowly evolved into…

SaaS Startup Roopya Raises ₹4 Crore from Inflection Point Ventures to Scale Its AI Lending Platform

Fintech SaaS startup Roopya has raised ₹4 crore in a seed funding round led by Inflection Point Ventures to expand its lending infrastructure business and enhance its embedded finance offerings…

Swiggy Shuts Down Snacc After Less Than a Year, Profit Pressure Forces Exit

Swiggy has shut down its standalone 15 minute instant food delivery app Snacc, less than a year after its launch. The move comes as the company sharpens its focus on…

Tech Mahindra Unveils India’s First Hindi-First AI Model to Revolutionise Education

Tech Mahindra has announced the launch of a new Hindi-first large language model (LLM) focused on education, marking a significant milestone in India’s AI ecosystem. Developed under the company’s Project…

Enterprise AI Startup Navikenz Raises $7.5 Million to Scale Data and AI Services Globally

Enterprise artificial intelligence startup Navikenz has raised $7.5 million in a fresh funding round to accelerate the growth of its data and AI services business. The company plans to use…

AI Mission 2.0 to Provide Over 58,000 GPUs to Support Startups and Students Across India

The government’s AI Mission 2.0 will make more than 58,000 graphics processing units (GPUs) available across India to support startups, researchers, and students, significantly expanding access to high-performance computing needed…