India’s financial crime agency, the Enforcement Directorate (ED), has attached immovable assets worth INR 1,452 crore in connection with a money-laundering and loan-fraud investigation involving industrialist Anil Ambani and his associated group companies. With this latest action, the total value of properties provisionally attached in the case has
Bengaluru-based semiconductor startup Sophrosyne Technologies has raised $2M in seed round, fully subscribed by Bluehill.VC. The funding will accelerate Sophrosyne’s transition from prototype silicon to full-scale development and global OEM engagement. It will also fuel expansion across silicon design, firmware development, and early customer deployments in India and
Stay updated with the latest developments in India’s startup and business ecosystem. The 20th November 2025 roundup captures major funding announcements across agri-tech, fintech, logistics, AI, and emerging tech, alongside key business updates from leading platforms like Zomato and Zepto. Highlights include Agraga raising INR 100 Cr to strengthen
Zepto, a rapid commerce (qcom) platform, has begun trial testing two additional products in an effort to diversify its offerings and break into new markets. It is now trialling Super Mall, a new vertical for high-value and luxury products, and Zepto Diagnostics, an in-app diagnostics solution within its pharma sector.
The industry is greatly relieved that the Indian government has revoked a number of Quality Control Orders (QCOs) pertaining to essential inputs used in the production of medical devices. Manufacturers who had trouble obtaining necessary materials like polypropylene and polycarbonate stand to gain the most from this action. Long-standing industry
Zomato has consented to share customers' phone numbers with restaurants after obtaining users' approval, which is a victory for the restaurant business, according to the National Restaurant Association of India (NRAI). Zomato and Swiggy, two meal delivery services, have been at odds with the restaurant industry over their
Deutsche Bank is exiting its retail business in India despite profitability. It's selling its Retail business, Portfolio and Wealth management...
* The round also saw participation from 3one4 Capital, Mount Judi Ventures, Venture Catalysts and We Founder Circle * Thimblerr is a full-stack supply chain platform that offers fashion products and tech-enabled manufacturing services, seamlessly taking ideas from concept to delivery. * The funding will be deployed towards customer acquisition, diversifying into new
With this latest funding round, CtrlB will scale its unified diskless data lake platform and deepen its presence across India and the United States.
Luma AI, the frontier artificial intelligence company building multimodal AGI, today announced it has raised $900 million in Series C funding, led by HUMAIN, a PIF company delivering global full-stack AI solutions, with significant participation from AMD Ventures, and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners. This Series
Stay updated with the latest developments across India’s startup and business ecosystem. The 19th November 2025 roundup captures major funding announcements in rural mobility, logistics, construction-tech, and voice AI, along with key corporate updates from global giants like Apple and milestone market performances such as the PhysicsWallah IPO. Here’
BlackBuck’s co-founder and CEO, Rajesh Kumar Naidu Yabaji, has sold a portion of his stake in the company in a bulk deal on Tuesday, signalling a significant promoter-level share movement at the logistics technology firm. Yabaji sold 20 lakh shares at ₹676.40 per share, amounting to approximately ₹135
According to various media reports, Volkswagen AG is looking for a local partner to help increase its meagre market share while cutting the expenses of producing electric vehicles in India by a third. As reported by multiple media outlets, the local branch of the largest carmaker in Europe has reduced
Antigravity + Gemini 3 on the same day, and many wonder if the new AI tool will replace junior software developers...
According to a top official on November 18, the Unique Identification Authority of India is considering producing an Aadhaar card that includes the holder's photo and a QR code in order to deter offline verification methods that violate the current law and stop the misuse of people'
Apple has expanded its AppleCare+ insurance policies in India and added a new option that covers iPhone loss and theft. Indian customers are now getting such extensive protection directly from Apple for the first time. The company's provision of monthly and annual payment options has made the plans
While the deal may sound great, Microsoft's stock dropped 2.6% on Tuesday, sparking concerns over the multi-billion-dollar deal because...
Over the coming years, Adani Defence and Aerospace intends to invest INR 10,000 crore in a variety of defence and aerospace business sectors. According to Ashok Wadhawan, head of Land Systems, the group has so far invested INR 5,000 crore in a number of other projects. The company
Artificial intelligence may dominate corporate conversations across the country, but true adoption remains uneven. A new IDC InfoBrief, “AI at Work: The Role of AI in the Global Workforce,” commissioned by Deel, reveals that India continues to lag behind global peers in AI maturity despite growing interest and early deployment
Pidge, India’s smartest supply marketplace and largest interoperable last-mile logistics platform, today announced it has successfully raised ₹120 crore in growth capital. The round was led by La Vida es Chula (LVEC), the entrepreneur-led capital fund founded by globally acclaimed entrepreneur and investor Thomas Meyer. Existing investors also participated,
From an INR 109 issue price to an INR 155.24 close on day one marks a dashing debut at the stock market. The stock beat every expert prediction because...
Stay updated with the latest movements in India’s startup and business ecosystem. The 18th November 2025 roundup features major funding developments across fintech, aerospace, AI, and healthcare — including Yubi Group’s INR 411 crore raise and new seed rounds for Axirium Aerospace, Circle, and Pype AI. Additionally, Reliance Consumer
An Australian financial platform, MyGigsters, has declared its official debut in India. The company, which has its headquarters in Melbourne, offers integrated financial infrastructure designed specifically for gig platforms and markets. Operators can easily enrol, verify, pay, reward, and safeguard their independent workers with the platform, which helps them grow
An exclusive brand alliance was established on 18 November by AstraZeneca Pharma India and Sun Pharmaceutical Industries to increase the availability of sodium zirconium cyclosilicate (SZC), a therapy for hyperkalaemia, in the Indian market. Both businesses will market and distribute SZC under different brand names as part of the agreement.