Drone-tech startup Enercomp has raised ₹2 crore in a bridge round advised by Bestvantage Investments. The funding, led by marquee angel investors, will support R&D, scale AI-powered drone software, and boost national deployment.
Chai Bisket has raised $5 million in funding led by InfoEdge Ventures and General Catalyst to launch Chai Shots, a mobile-first short-form OTT platform. Angel investors like Rana Daggubati, Swiggy’s Sriharsha Majety & Nandan Reddy, and PhysicsWallah’s Alakh Pandey also joined the round.
All e-commerce sites were forewarned by the FSSAI on 8 July to maintain strict food safety and hygiene standards or risk punishment. G Kamala Vardhana Rao, the CEO of the Food Safety and Standards Authority of India (FSSAI), presided over the meeting where the warning was given. More than 70
Apple is negotiating to get the US rights to broadcast Formula 1 as the internet giant expands its live sports programming and builds on the success of its popular film based on the racing car series. Various media reports stated that when the broadcast deal opens up next year, the
On July 8, listed logistics startup BlackBuck announced that the Income Tax (IT) Department has sent it a tax demand notice for INR 28.55 Lakh. The company stated in a statement with the exchanges that the July 7 tax notice was sent because certain expenses that qualified for tax
In an internal letter to staff, the US-based trading company Jane Street slammed the Securities and Exchange Board of India (SEBI), calling its recent ruling accusing market manipulation "fundamentally mistaken." The company rejected SEBI's description of its trading approach as manipulative and instead described it as
After long-time operations chief Jeff Williams plans to retire, Apple CEO Tim Cook has made a significant leadership change by appointing Indian-origin executive Sabih Khan as the company's new COO. Khan, who has worked for Apple for thirty years, has been instrumental in creating and overseeing the company&
The former prime minister of the United Kingdom, Rishi Sunak, has returned to Goldman Sachs Group Inc. as a senior adviser. In a statement released on July 8, Goldman Sachs CEO David Solomon announced that Sunak, who was prime minister from October 2022 to July 2024, will collaborate with executives
Here’s a quick look at the top funding deals and key business developments in India on 8 July 2025. From early-stage capital raises to major acquisitions and policy moves, here's everything you need to know. Daily Indian Funding Digest - 8 July 2025 CompanyFunding RoundAmount RaisedLead Investor(
Linkrunner, India’s first AI-driven app attribution platform, has raised ₹5 crore in pre-seed funding led by Titan Capital. Funds will boost hiring, product innovation, & expansion. It already serves fast-growing apps and plans to build India’s first homegrown AI-powered mobile measurement partner.
Education company PhysicsWallah (PW) has partnered with Yashwantrao Chavan Maharashtra Open University (YCMOU), with an aim to offer regular online classes and real-time doubt resolution facilities to students. Furthermore, students will also get to gain admission to certain online, credit-based degree programs. The collaboration will combine YCMOU’s academic oversight
French IT services giant Capgemini has agreed to acquire Indian‑origin BPM firm WNS in an all‑cash deal worth $3.3 billion. The move, expected to close by the end of 2025, marks a strategic bet on AI‑powered business operations. Deal Overview Capgemini will pay $76.50 per
Sai Parenterals has secured ₹50 crore from marquee investors, including Samarsh Capital, Vyom Partners, and Blue Lotus Capital. The funds will help the pharma firm expand globally, acquire key assets, and boost its manufacturing.
Mumbai (Maharashtra) [India], July 7: Stratum Real Estate Advisory is proud to partner with Shapoorji Pallonji Real Estate (SPRE) to lead the sales and marketing mandate for BKC 9, its premium residential project in Bandra East. Strategically positioned in the micro-market of Kherwadi and adjacent to the city’s prime
Nithin Kamath, the founder and CEO of Zerodha, shared some eye-opening thoughts on where investing and trading are headed in his recent LinkedIn post. According to him, we are just at the start of a huge change powered by artificial intelligence (AI). He believes that soon, investing, trading, banking, and
Big moves and big money marked 7 July 2025. Khetika raised $18 million, BigBasket welcomed a new CFO, and Jio-BlackRock collected INR 17,800 crore in its first mutual fund offer. Here’s a quick look at all the key updates from the day. Daily Indian Funding Digest - 7
bigbasket, a TATA Enterprise, has named Manish Bajoria as its new CFO. He will lead financial strategy as bigbasket scales operations across India, focusing on efficiency, governance, and long-term value creation.
BANKIT, a fintech company focused on financial inclusion, has rebranded itself as FindiBANKIT. The change follows its acquisition by FINDI Ltd., an Australian Stock Exchange-listed firm, earlier this year.
Shark Tank India-funded brand, WiseLife, has raised ₹8 crore in Seed/Pre-Series A funding from Rukam Capital. The funds will support scaling operations, expanding distribution, and product innovation as WiseLife aims to strengthen its position in India’s fast-growing health and wellness market.
Dylect has named actor and road-trip icon Rannvijay Singha as brand ambassador for its upcoming smart automotive tech range. The company aims to tap into India’s growing road-smart consumer base as it expands into auto tech after clocking ₹33 crore in debut-year revenue.
Fi Money has launched the world’s first MCP Server, letting users securely connect their full financial data, bank accounts, loans, investments with AI tools like ChatGPT or Gemini. Users can view all money matters in one place and ask personal finance questions powered by real data.
In a significant move toward inclusive financial growth, InPrime Finserv, a tech-enabled NBFC focused on India’s emerging middle class, has raised INR 50 crores ($6.02 Mn) in a Series A1 funding round. The round was led by Pravega Ventures with continued backing from existing investors Z47, InfoEdge Ventures,
JioBlackRock Asset Management raised over ₹17,800 crore in its maiden New Fund Offer (NFO) across three debt schemes. The three-day offer attracted 90+ institutional investors and over 67,000 individuals, placing it among India’s top 15 asset managers by debt AUM.