Axis Solutions Limited (formerly known as Asya Infosoft Limited), a leading provider of industrial automation and digital infrastructure solutions, is pleased to announce the successful completion of its merger and the subsequent listing and commencement of trading of its equity shares on the Bombay Stock Exchange (BSE). The Company is
Hyderabad, July 30, 2025 — Heizen, an AI-native software delivery startup, has raised $500,000 in pre-seed funding led by Titan Capital, with participation from leading angel investors including Varun Alagh (Mamaearth) and Abhishek Goyal (Tracxn). The funding will be used to scale Heizen’s engineering team in India, expand customer
The greenfield facility features advanced production lines for chocolate and compound in multiple formats, and integrated warehousing. With this new facility, India has become the Group’s largest chocolate-producing market in the Asia Pacific, Middle East, and Africa (AMEA) region.
Timex, the flagship brand, delivers a never-before growth of 77%, backed by premiumisation, exceptional channel performance, and new-age brand storytelling. Timex Group India Ltd (TGIL), a leading force in India’s watch industry and part of the global Timex Group, has reported exceptional financial results this quarter, underscoring the brand’
On 29th July, Indian startups and businesses saw notable developments. Zepto raised fresh capital ahead of a larger round, while Passprt Trips secured $500K to expand its travel tech offering. Lenskart acquired Spain-based Meller in a global push, and the government capped Starlink’s user base in India. Here’s
Jane Street, a high-frequency trading firm based in the United States, has requested further time from the Securities and Exchange Board of India (SEBI), the Indian market regulator. Jane Street Group told the media in a statement on the evening of July 28 that it is working cooperatively with SEBI
New Delhi, 29th July 2025: Passprt Trips, a new-age Personal Travel Advisor, has raised $500K in its pre-seed round led by Aroa Venture Partners. Founded in 2023 by Ujjwal Garg and Manoj Rai, Passprt Trips helps users plan and book their trips, right from inspiration and discovery to flexible planning,
Nayara Energy, a refiner supported by Russian oil giant Rosneft, filed a lawsuit against Microsoft in the Delhi High Court after the latter ceased to provide services to the company due to EU sanctions. Microsoft is "currently restricting Nayara Energy’s access to its own data, proprietary tools, and
New Delhi [India], July 29: One of the fastest-growing online mock test platforms in India, TestEgy, has been formally acquired by Zordo Best Website Design Company In India, a well-known brand in Web Design & Digital Marketing. With this calculated acquisition, Zordo enters the ed-tech market with the goal of
In an effort to capitalise on the expanding Indian market for electric vehicles, Vietnamese manufacturer VinFast launched its first showroom in India on 27 July in Surat, Gujarat. The company's electric SUV models VF 6 and VF 7, which will be introduced as right-hand drive versions for the
Union Minister Pemmasani Chandra Sekhar downplayed the danger to state-run BSNL and other telecom companies on July 28 by stating that billionaire Elon Musk's satellite communication services business, Starlink, might only have 20 lakh connections in India. The Minister of State for Telecom was addressing a review meeting
According to T. R. B. Rajaa, Tamil Nadu's Minister for Industries, Investment Promotion, and Commerce, the state's excellent infrastructure, talent pool, and governance are luring Apple suppliers and ecosystem companies to engage in component manufacture. State Incentives Boost Electronics Manufacturing To increase the production of electronic
On 28th July, Indian startups and businesses saw some important updates. Genexis Biotech raised INR 4 crore to grow its biotech work, while Drizz got $2.7 million to improve mobile app testing. In other news, VerSe Innovation hired a new HR head, Krutrim laid off over 100 employees, and
Members of the UPI ecosystem must abide by a new set of rules established by NPCI, which include restricting balance inquiry queries and controlling the use of APIs such as Autopay Mandate Execution and Validate Address. To enhance the functionality of UPI transactions, the National Payments Corporation of India (NPCI)
The Economic Times recently reported that in a second round of layoffs, Krutrim, the artificial intelligence startup started by Bhavish Aggarwal of Ola, had let go of around 100 workers. A significant portion of the firm's linguistics staff, which had just recently arrived, was impacted by the layoffs.
The shareholders of Lenskart have given their consent for the company to raise INR 2,150 Cr ($248.7 Mn) through a new share offering as part of the first public offering (IPO). What’s Included in the Upcoming Lenskart IPO? A secondary offer for sale (OFS) component by current
According to reports, Tesla and Samsung Electronics have inked a significant chip supply agreement valued at $16.5 billion through 2033. The action is intended to help Samsung's faltering contract chip manufacturing division, which is up against fierce competition from TSMC. Inside the $16.5 Billion Agreement: What
Chennai (Tamil Nadu) [India], July 28: The Institute for Educational Research and Publication (IFERP) unveils a practical framework supported by dedicated conference tracks and training to help students, faculty, and administrators harness AI’s power responsibly while guarding academic integrity. The Institute for Educational Research and Publication (IFERP) today announced
Tata Consultancy Services, the biggest provider of IT services in India, announced on 27 July that it will cut 2% of its personnel in its 2026 fiscal year, mostly affecting middle and senior management. About 12,200 positions will be lost as a result of the company's retraining
Shengjia Zhao, a co-creator of OpenAI's ChatGPT, will be the chief scientist of Meta Superintelligence Labs, according to a statement released by Meta CEO Mark Zuckerberg on 25 July. The $14 billion investment in Scale AI is the centrepiece of Zuckerberg's multibillion-dollar hiring spree in artificial
In its ongoing competition with the United States for technical supremacy, China has presented a comprehensive strategy to increase its influence in AI governance, which includes the establishment of a global cooperation organisation. China Proposes Global AI Oversight Body at WAIC 2025 During his speech at the inauguration of the
According to reports, 25 over-the-top (OTT) platforms and websites—including ALTT, ULLU, Big Shots App, Desiflix, and Boomex—have been blocked by the Centre for allegedly containing pornographic, indecent, and vulgar content. OTT Crackdown: What Happened According to a Storyboard18 report, under the Information Technology Act of 2000 and the
From Ammunic Systems raising $1.1 million to advance India’s defence-tech capabilities to Yali Capital closing its INR 893 crore maiden fund to fuel deeptech innovation, the day saw notable movements across venture capital and strategic sectors. On the business front, Swiggy reshuffled its board post-IPO, the government cracked