KORA by Nilesh Chhadva and Mitesh Sumbad, the bridge to luxury Indian men's ethnic wear, is thrilled to announce the opening of its third store in Tamil Nadu at 2nd Avenue, Anna Nagar, Chennai on January 14, 2026. This new flagship store marks a significant milestone in the
India’s startup ecosystem remained active on 19 February, with fresh capital flowing into EV mobility and enterprise AI, underscoring sustained investor interest in technology-led transformation. At the same time, major business developments emerged across crypto, food delivery, and online gaming, spanning ESOP liquidity events, strategic shutdowns, and regulatory action.
Gold and silver prices in India closed largely stable with minor declines on 19 February 2026, as domestic retail rates showed limited movement amid balanced global cues. Gold dipped marginally by ₹10 per 10g in several cities compared to the previous day, while silver held firm after recent volatility, supported
On February 19th, The ePlane Company—a domestic manufacturer of eVTOL planes—announced a partnership with Nvidia to construct the e200x, the country's first electric air taxi. The partnership is centred on the sharing of knowledge and does not include any financial aspects. A digital twin of the
On February 19th, JioHotstar, which is owned by Reliance Industries, announced a partnership with OpenAI, led by Sam Altman. This relationship is expected to revolutionise the viewing experience by introducing a natural, voice-driven interface. Through this collaboration, the largest platform in the country will be able to incorporate ChatGPT-powered discovery
OpenAI will be expanding its operations to India later this year with the opening of offices in Bengaluru and Mumbai. Notably, the ChatGPT creator established an office in New Delhi last year, so it already has a presence there. India is currently at the forefront of AI adoption, according to
Godfrey Phillips India shares have surged 31% in just three trading sessions, helped by cigarette price hikes and easing tax concerns. Here’s what is behind the sudden stock market rally. Godfrey Phillips Share Price Rally: 31% Gain in Three Sessions Shares of Godfrey Phillips India rose more than 6%
As part of their joint global AI infrastructure effort, Stargate, OpenAI will be the first customer of the data centre business in India. The collaboration will be starting with 100 megawatts of capacity, according to Tata Consultancy Services and OpenAI. Major investors have sponsored Stargate, a $500 billion, multi-year plan
In April 2026, Meta will terminate Messenger.com. As a result, Facebook is bringing back browser-based texting and dismantling Messenger's standalone web presence. Alerts that appear in the Messenger app and on the website are already informing users. Meta has announced that as of April 2026, messenger.com
On February 18th, Larsen & Toubro (L&T) announced its intention to form a joint venture with Nvidia, a chipmaking giant. This JV will be formed to construct a sovereign AI manufacturing infrastructure in India on a gigawatt scale. Day three of the AI Impact Summit was when the
Annapurna Finance Private Limited has secured a USD 100 million through syndicated multi-currency term loan facility, along with a USD 50 million greenshoe option. The facility, denominated in USD and JPY, marks a significant step in enhancing Annapurna Finance’s access to new currencies and international lenders, the facility structured
New measures announced with President Emmanuel Macron's trip to India this week are anticipated to deliver new deals for French companies. On 18 February, French car parts maker Valeo outlined intentions to grow its sales in India. Valeo announced plans to spend over 200 million euros ($237 million)
A hundred billion dollars will be spent by the Adani Group to construct data centers in India that are AI-ready and powered by renewable energy by the year 2035. It is thus one of the biggest integrated energy-and-compute commitments in the world. The national data center capacity of the conglomerate
On February 18th, MakeMyTrip announced a partnership with OpenAI to improve AI-led trip discovery and collect searches with high intent. As part of the partnership, MakeMyTrip will integrate additional AI capabilities into its app by leveraging OpenAI's APIs. By integrating with the company's generative AI planning
IAN Alpha Fund, the 2nd in the series of IAN Group’s VC funds, along with Speciale Invest, has co-led a ₹70 crore Series A funding round in Peptris, a Bengaluru-based AI-powered drug discovery company. The round also saw participation from Tenacity Ventures, BYT Ventures, and other investors. The investment
Fabless Semiconductor startup Vervesemi has raised $10 million in a series A round led by ace market investor Ashish Kacholia and Unicorn India Ventures. The round also saw participation from Roots Ventures, Caperize Fina and MAIQ Growth Scheme. Funds raised will be deployed in 3 key strategic areas. The Company
On February 17th, the food delivery firm announced that it has deepened its strategic partnership with OpenAI in order to boost its AI capabilities company-wide. A number of its partner platforms and internal systems, including Zomato, Blinkit, District, and Hyperpure, will be improved by the AI. The partnership will centre
Exponent Energy, a Bengaluru-based energy-tech company, announced a 360-degree fintech and asset management business venture, Exponent One, aimed at addressing a key barrier to scaling commercial EV adoption: access to viable financing. Financing and mobility veteran Sandeep Divakaran will helm the new venture as Co-founder and CEO. Exponent Energy has
Navikenz, an enterprise AI and data transformation company founded by Anjan Lahiri and Samit Deb, has raised USD 7.5 million in a Seed equity funding round. The round was led by Sekar PRC (former CEO, Hexaware), Sudip Nandy (former CEO, Aricent), along with Anjan Lahiri and Samit Deb, with
India’s startup ecosystem continued to see steady capital inflows across AI, deeptech, career access, consumer brands, and recruitment tech. From Shark Tank India-backed consumer plays to multi-million dollar AI rounds, today’s funding activity highlights strong investor appetite across early and growth stages. Here’s your detailed roundup. Daily
On Tuesday, 17 February 2026, gold and silver prices in India closed lower as profit-booking intensified and global cues turned subdued. Both metals experienced downward pressure from a firmer U.S. dollar and thin trading volumes amid holiday closures in major Asian markets, leading to a risk-off environment for bullion.
With the introduction of its subsidiary 'Exponent One,' the electric vehicle quick-charging startup Exponent Energy has entered the electric vehicle financing area. Now it will provide funding options to commercial EV operators. Venture capital firm AdvantEdge has invested $2 million (about INR 18.2 crore) in Exponent Inc.
Artociti, India’s leading mass-premium luxury 3D wall art and manufacturing brand, has raised ₹1 crore for a 7.5% equity stake at a valuation of ₹13.33 crore on Shark Tank India. The funding comes from renowned investors Namita Thapar, Executive Director of Emcure Pharmaceuticals, and Vineeta Singh, Co-founder