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.
Due to a sharp dip in second-quarter revenue, which was mostly brought on by Microsoft Corp. selling its software licences directly to major clients, Sonata Software Ltd. has fallen two spots in the Indian IT hierarchy. Previously, over 60% of Sonata's revenue came from this type of software
According to The Economic Times, Reliance Consumer Products Ltd (RCPL), the fast-moving consumer goods (FMCG) division of Reliance Retail, is preparing to enter India's rapidly expanding pet food market with a competitive price plan. Distributors and business partners have been notified by the company that the prices of
Axirium Aerospace has raised USD 3.5 Mn in seed funding led by Shastra VC and BEENEXT, with participation from angel investors including Ashish Gupta (Ex-MD & Co-founder, Helion Advisors) and PVS Raju (Vice Chairman, AIG Hospitals). The investment will support Axirium in building advanced precision-manufacturing capabilities, expanding engineering talent,
The New York Times reported that Jeff Bezos, the founder of Amazon, is supporting Project Prometheus, a new AI firm, and will serve as co-CEO of the company. Bezos is contributing to the $6.2 billion in funding that the new business is releasing. Remarkably, this is the first time
Cognizant introduces stricter laptop monitoring for its employees. From keyboard touches to mouse moments, the tool will track every minute. Here's how...
The Indian startup and business world saw several important updates today, including new funding rounds, regulatory approvals, company announcements, and major contracts. These developments highlight how different sectors from SaaS and co-living to renewable energy, are evolving and expanding. Here’s your roundup of key funding and business news for
An informal survey at a huge AI Conference in San Francisco tagged Perplexity AI and OpenAI as future 'fail' because...
ExtraMile Play, a gamified employee engagement platform, has raised approximately $500,000 in seed funding to accelerate product innovation to strengthen its technology capabilities, and expand into new geographies and enterprise segments. The round is led by GSF (Gurgaon), with Mount Judi Ventures (Bengaluru), GrowthSense and Growth91 (Ahmedabad) as co-leads.
In order to establish a 200 MW (AC) solar power plant at the GIPCL Renewable Energy Park in Khavda, Gujarat, KPI Green Energy said on 17 November that it has signed contract agreements with state-owned SJVN Ltd for an order for INR 696.50 crore. According to a corporate release,