The government has revealed the draft of the FAME III, which includes a budget allocation of Rs 40,000 50,000 crore to support vehicles (EVs).

Nithin Kamath, CEO of Zerodha, stated on Wednesday that the company has expanded its investment in its startup accelerator fund, Rainmatter. According to Kamath, the allotment has been enhanced by Rs 1,000 crore. He noted that the fund has invested about Rs 400 crore in the last seven years. 

CapitaLand Investment Limited (CLI) is launching CapitaLand India Growth Fund 2 (CIGF2) an initiative, with a value of S$525 million. The focus of this fund is on acquiring high-quality Grade A business parks in cities across India

The company claims to have already invested $140 million in start-ups in India.

The top South Korean gaming corporation, KRAFTON, Inc., creator of the BGMI, plans to invest $150 million in India over the next two to three years.

Avid Technology Inc (AVID.O), a developer of media editing software, will be acquired by private equity company Symphony Technology Group (STG) on Wednesday for approximately $1.4 billion, including debt.

A senior government source told Reuters that the White House would outline its proposals on Wednesday to forbid some US investments in sensitive technology in China and demand that the government be notified of other transactions.

Disprz, a computer-based intelligence-fueled learning and skilling suite, has brought $30 Million up in its Series C funding round driven by Lumos Capital and 360 ONE Resource (IIFL), with support from Kae Capital, KOIS, and Dallas Funding.

Users from 620 cities have placed orders on the Open Network for Digital Commerce (ONDC), despite no particular marketing efforts outside of the top five metropolises like Bengaluru and Delhi. The new version of the government-backed e-commerce network’s incentive program, which might be made public this week, is now expected to focus more on Tier 2 and higher.

Two senior Ola Electric officials have resigned from their positions as the company’s head of strategy & planning and head of partnerships & corporate affairs, according to persons with knowledge

Go Student, a prominent ed-tech unicorn secures an impressive $95 million in a strategic funding round from investors including Deutsche Bank and Left Lane Capital.

Mahindra & Mahindra Ltd. (M&M) said that Temasek, a worldwide investment corporation, will invest ₹1,200 crore in Mahindra Electric Automobile Ltd. (MAEL), its subsidiary for electric vehicles.

Tenstorrent, a Canadian firm, has received $100 million in financing from Hyundai, Samsung, and Kia to challenge Nvidia’s supremacy in AI chip supply.