Good Capital, a seed-stage, India-focused venture capital firm, on Friday, unveiled a new $50 million fund to support founders who are utilizing Artificial Intelligence for marketing, customer service, or business operations.

Over the past year, Scapia, headquartered in Bengaluru, had maintained a secretive stance but officially unveiled itself on June 15. The company proudly offers a co-branded credit card and an

In FY23, the Indian auto sector produced a staggering 2.7 crore vehicles across segments and kinds, valued at over USD 108 billion (Rs 8.7 lakh crore), with the passenger vehicle

Omnivore, a venture capital firm that specialises in agritech, has announced the first closing of its third fund at $150 million (about Rs. 1,250 crore). The Omnivore Agritech & Climate

The latest adjustment in the fair value of Prosus’ stake in Byju’s is a significant decrease, translating to an enterprise valuation of approximately $5.1 billion compared to the $22 billion

Nidhi Marwah, Group Managing Director South Asia and Middle East of The Executive Centre (TEC), a Hong Kong-based supplier of flexible workspace, told ET that the business spent Rs 100 crore in the first half of 2023 to lease more than 200,000 square feet across 8 facilities.

BluJ Aero, an aviation start-up, has successfully raised a whopping $2.25 million in seed funding to propel its ambitious plans of developing a revolutionary hybrid-electric VTOL aircraft.

The much-anticipated Digital India Bill is expected to be unveiled by the government within the next fortnight, according to media reports on Tuesday. This proposed legislation is likely to incorporate provisions that mandate companies to disclose how they utilize user data. Furthermore, companies may be obligated to inform users about the processing of their data, with non-compliance resulting in severe penalties.

According to the company, the cash infusion will assist it in increasing its production capacity at the Bengaluru facility to 100,000 units per year as well as meeting the working

Large brand distributors dominate the top of the supply chain, but thousands of middlemen, including wholesalers, form partnerships with retailers at the bottom. Baskit, which was founded last year, seeks to give them tools to digitize the management of their goods and services in order to assist them acquire better rates. The Indonesian firm revealed today that it has raised $3.3 million in seed funding from Betatron, Forge, 1982, Investible, DS/X, Orvel, and Michael Sampoerna. This comes three months after a $1.5 million seed round.

The largest NBFC-MFI in India, CreditAccess Grameen, has agreed to a $200 million external commercial borrowing agreement with foreign banks and Indian bank overseas branches. Twelve banks have already made

As the Indian venture capital firm prepares to double down on the booming “middle India” market, Arkam Ventures is pursuing its second fund, looking for $180 million, roughly tripling the