Mumbai, India,12th August 2025 : Seeds Fincap Pvt Ltd, a high-growth NBFC delivering credit to underserved MSMEs, has raised ₹50 crore in a Pre-Series B round led by existing investors Z47 and Lok Capital. New investors Norinchukin Capital and Alteria Capital join the cap table, marking a strong mix of
National, 12th August 2025: ELIVAAS, a leading luxury vacation rental platform, has successfully raised INR 87 Crores (approx USD 10.4 Million) in its Series B funding round, led by Vertex Ventures Southeast Asia & India. Existing investors Peak XV Partners’ Surge and 3one4 Capital also participated in the round,
Co‑led by General Catalyst and Glade Brook, the investment enables Pronto to scale 10-minute domestic service model across Mumbai, Bengaluru and other major metros.
Elever, a SEBI-registered Portfolio Management Services (PMS) firm, has raised USD 1.1 million in a pre-series A funding round to fuel its next phase of growth. Elever’s quantitative PMS strategies leverage rule-based and factor investing to deliver superior, risk-adjusted returns. By combining data-driven insights with a systematic investment
India’s startup and business ecosystem saw a mix of high-value funding deals, strategic investments, and notable corporate developments on 11 August 2025. From multi-million-dollar raises in AI, biotech, and e-commerce to IPO market activity, EV infrastructure expansion, and regulatory updates, here’s your quick roundup for the top funding
The majority of the suggestions made by the Parliamentary Select Committee, which was led by BJP MP Baijayant Panda, were incorporated into the Revised Income Tax Bill 2025, which Union Finance Minister Nirmala Sitharaman introduced in the Lok Sabha on August 11, 2025. Background of the Revised Bill The revised
On August 11, 2025, Tesla formally opened its second dealership in India at Worldmark 3, Aerocity, New Delhi. The well-liked Model Y electric SUV, which is available in two versions—Rear-Wheel Drive (RWD) and Long Range RWD—will be on display at the new Tesla dealership in Delhi. This development
New Delhi [India], August 11: Protrainy, India’s fastest-growing upskilling platform for core engineers, is reshaping the career paths of professionals in civil, mechanical, and electrical engineering by equipping them with the skills and industry exposure they need to transition into better-paying, high-growth roles. With a sharp focus on Tier
German TikTok workers have organised fresh strikes in protest of widespread layoffs in the company's safety and trust division. As part of a broader strategy the firm has been implementing across offices worldwide, the social media giant has announced intentions to dismantle its entire Berlin moderation section, which
Brides plan everything for their big day – the dress, the jewellery, the décor – but when it comes to luxurious nightwear for the wedding night or honeymoon, the options are… ordinary. House of Elorra is here to change that. We believe nightwear should be a reflection of elegance, femininity, and grace.
Microsoft has unveiled Copilot 3D, an AI-powered feature that has the ability to convert standard 2D images into 3D models, just one day after the GPT-5-powered Smart Mode was implemented in Copilot. The technology giant claims that Copilot 3D is "designed to make 3D creations fast, accessible, and intuitive.
Eyestem Research Pvt Ltd has raised funds in a significantly oversubscribed funding round to support the next stage of development for its investigational retinal pigment epithelial (RPE) cell therapy, Eyecyte-RPE™. The capital will enable completion of the ongoing Phase 2 clinical trial in India and support preparations for filing an
According to an insider who spoke to the BBC, chip giants Nvidia and AMD have agreed to give the US government 15% of their sales of semiconductors in China. The contract is a component of an agreement to obtain export licences to the second-largest economy in the world. Financial Impact
India, August 2025 - Graas.ai, a leading data-for-commerce specialist, today announced the successful completion of a strategic funding round raising over US$9 million. The round was led by Tin Men Capital, with participation from Incred Wealth, Orzon, and existing investors Integra Partners and Yuj Ventures. The investment will
Netizens grab their digital popcorn as Elon and Nadella's banter over GPT-5 goes viral. Learn more about it.
Rediff buys the e-commerce platform for ₹800.39 Crores and agrees to ₹400 Crores in cash and the other ₹400.39 Crores via shares. Know the full story.
Paytm took “tough calls” to let go of 4,600 employees and made a profit of ₹123 crore. Here’s how they did it.
According to Pemmasani Chandra Sekhar, Minister of State for Communications, Elon Musk's Starlink satellite internet service will store its network data, traffic, and other information locally in India. "Security conditions, among other things, include the establishment of earth station gateway(s) in India for providing satellite-based communication
All of Reliance Retail's investments in the now-defunct hyperlocal delivery business Dunzo have been formally wiped off. The conglomerate's 78,923 equity shares of Dunzo, which were internally valued at INR 1,645 Cr in FY24, were worth nothing during the fiscal year under review, according
Indian exporters are getting calls and emails asking to stop sending goods or to bear the extra costs. Learn more.
New Delhi [India], August 8: The Joint Entrance Examination (JEE Main & Advanced) is one of the most competitive and challenging exams in India, opening the doors to prestigious institutions like the IITs, NITs, and IIITs. Each year, over 1.5 million studentscompete in JEE, yet only a small fraction
The widespread UPI outage on 7 August was attributed by the National Payments Corporation of India (NPCI) to internal technical issue at a "few" partner banks. The payments organisation stated that the problem has been resolved and that the NPCI systems were "functioning perfectly" in a
A harsh 100% tariff on imported computer chips and semiconductors was announced by US President Donald Trump on 6 August. This action may result in increased costs for tech-driven goods, including appliances, autos, and electronics. As he and Apple CEO Tim Cook spoke at the Oval Office, Trump declared, "
The RBI's in-principle approval of AU Small Finance Bank's conversion from a Small Finance Bank to a Universal Bank caused its shares to soar by more than 7% on 8 August. In the first trade, shares of AU Small Finance Bank surged up to 7.52%