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

Pi Ventures reported the first closure of its second round in January 2022, raising Rs 303.5 crore ($40 million) from Accel, entrepreneurs, high-net-worth individuals, and family offices.

Unstop, a platform based in Delhi has recently received funding of $5 million. The funding round was led by Mynavi, from Japan and Coursera which marks Courseras’s investment in a company.

Dr. Ranjan Pai, the Chairman of Manipal Group is being seen as a rescuer, for Aakash, an ed-tech company owned by Byjus that is currently facing difficulties. As an investor in Byjus Dr. Pai’s family office is in talks to invest, around $90 million, which would greatly assist the struggling giant and provide some much-needed relief.

RupeeRedee, a fintech startup in India, secured $3.5 million in equity funding from its parent company Digital Finance International. This funding aims to expand its operations and enhance product offerings,

Singapore-based real estate AT Capital firm and NBFC firm Experion Capital has made its first investment in India by providing ₹200 crores as project finance for Vatika Group’s prestigious luxury residential project, Sovereign Park, located in Gurugram.

Suniel Shetty, a known actor and entrepreneur has recently made an investment, in Pro Panja League. This emerging professional arm wrestling tournament is gaining popularity in India. The league emphasizes its roots welcomes participants, from backgrounds, and aims to attract a wide audience through television broadcasts. In its season the league aspires to captivate viewers and establish an online community. The future looks promising for this growing sport. 

The opening of a tender offer for the firm, headed by Japan Industrial Partners (JIP), is anticipated to happen “sometime in August 2023,” rather than the originally anticipated late July timeframe, according to a statement released by Toshiba Corporation on Friday. 

Following scrutiny from New Delhi over its investment proposal, China’s BYD informed its India joint venture partner that it would abandon plans for a new $1 billion investment to produce electric automobiles.

Wiom, a homegrown tech startup focusing on democratizing internet access in India, announced a Rs 140 crore Series A financing on Thursday.

Silicon Power Group, a company plans to invest 10 billion rupees in the construction of a facility, in Odisha, India. The facility will produce silicon carbide for semiconductor components.

Capgemini, a French IT consulting firm, reported stronger half-year revenue on Friday, driven by its cloud, data, and artificial intelligence (AI) activities, and announced it will invest 2 billion euros ($2.19 billion) in AI over three years.