Indian startups continue to attract investor interest across various sectors. Fresh funding rounds are helping them grow faster, improve technology, and expand their reach. Here’s a quick look at the key funding highlights from 18 June 2025. 📰 Funding Summary - 18 June 2025 Company Funding Round Amount Lead Investors
New Delhi [India], June 18: Every morning, for Shruti Mishra, begins with a quiet ritual, a review of the day’s agenda and a strong cup of coffee. It’s a routine that bridges two very different but equally demanding worlds. On one side, she is the founder and driving
Amazon has alluded to additional layoffs in the upcoming years in a recent letter to its staff. In a recent letter to his staff, Andy Jassy, the CEO of Amazon, outlined a clear vision for the company's future. According to the letter, there will be significant changes in
An insolvency plea has been filed against its substantial subsidiary, GlobalBees Brands, over claimed unpaid dues of almost INR 65 crore, according to Brainbees Solutions, the parent company of omnichannel baby products store FirstCry. Ashutosh Garg, Paritosh Garg, and Manju Agarwal have petitioned the National Company Law Tribunal's
illumine, a startup transforming early childhood education through AI, has raised $2.5 million in seed funding from Prime Venture Partners. The funding will accelerate illumine’s product development and international expansion, as the company aims to become the global standard for childcare management software. The idea for illumine was
Tata Consultancy Services (TCS) has implemented a revised associate deployment strategy that requires a minimum of 225 business days of billing yearly in an effort to tighten resource utilisation and decrease idle time. This restricts bench time to 35 days annually, forcing workers to actively look for projects or face
* Leading institutional investors and family offices such as SUD Life, Haldiram’s Family Office, Lotus Holdings, and Narayana Nethralaya join Physis Capital as LPs * Final close expected in the next six to nine months * Physis to invest in high-impact, tech-driven startups from Pre Series A to Series B rounds * Aims
* Extended Series A saw participation from Helios Holdings, Sharda family office, Kay family, and other existing investors * Funding to accelerate expansion to 150+ showrooms across 50+ cities in FY26, deepen product development via the new ‘O100’ platform, and scale production infrastructure within the existing facility Oben Electric, an R&
According to Geoffrey Hinton, the "Godfather of AI", certain occupations are less vulnerable to AI's replacement than others. Hinton stated that AI has the potential to result in widespread unemployment, particularly in white-collar jobs, in an interview that was broadcast on 17 June on the "
Market commentator Sanjiv Bhasin and eleven other individuals and firms have been banned by the Securities and Exchange Board (SEBI), which oversees capital markets, for engaging in front-running and manipulating the market. Additionally, the regulator has ordered that these parties forfeit more than INR 11.4 crore in illegal earnings
Here’s your daily roundup of funding activity and key business developments from India on 17 June 2025. From fresh capital raises to leadership changes, here’s everything you need to know today. 🚀 Indian Funding Digest – 17 June 2025 Company Name Amount Raised Funding Type Sector Key Investors Darwix AI
Darwix AI has raised $1.5 million in a funding round. Key investors and early believers who participated in this round were Rebalance, IPV, JITO Incubation and Innovation Foundation, alongside Growth Sense, Growth91 and notable angels. Key angel backers include prominent startup leaders Ankit Nagori, Sanjay Suri, Amit Lakhotia, and
Following a significant block transaction by its promoter company, Samayat Services LLP, Vishal Mega Mart shares dropped 4% on June 17. Through a block sale of INR 10,000–10,500 crore, Samayat Services LLP, supported by Partners Group and Kedaara Capital, sold off about 20% of its equity, lowering
Xportel, a tech-first platform enabling Indian businesses to go global through cross-border logistics and export solutions, has raised capital in its ongoing seed funding round. The round saw co-investment from Rukam Sitara and Flipkart Ventures, with additional backing from venture catalysts and a group of notable angel investors from the
The Cedar Rapids and Decorah branches of Collins Aerospace have announced the layoff of 131 workers. Collins is now optimising its organisational structure, which includes reducing a limited number of positions and realigning its resources to better meet the needs of its customers, according to a representative who spoke with
On 16 June, the Trump Organisation revealed a $499 smartphone that will go on sale in September along with a mobile phone plan. According to its website, Trump Mobile, the new service, will include a $47.45 monthly package that includes unlimited call, text, and data, as well as roadside
The WhatsApp advertising that the Meta-owned messaging firm has formally unveiled won't appear in users' calls or chats, so don't worry. Instead of showing up in users' personal area, these advertisements will show up in the Updates tab. The Updates page, where one may
To reduce spam calls, the Telecom Regulatory Authority of India (TRAI) has started a pilot initiative to develop a digital permission management system. The regulator will verify the technical, operational, and regulatory aspects of a digital consent registration function as part of the project. To test this framework, TRAI has
Here’s your daily roundup of funding activity and key business developments from India on 16 June 2025. From fresh capital raises to leadership changes and major acquisitions, here’s everything you need to know today. 🚀 Indian Funding Digest – 16 June 2025 Startup/EntitySectorRoundAmount RaisedLead InvestorsNuvieFood & BeveragePre-seed$450 K
The accelerator program is designed to nurture and propel early-stage spacetech startups and is set to further unlock private sector support for pre-seed and seed-stage spacetech innovators SanchiConnect, India’s leading DeepTech startup network, has entered into a strategic partnership with KickSky Space Lab, an accelerator program focused on early-stage
The financial services company InCred Group's digitally first wealthtech platform, InCred Money, announced that it will buy discount broking platform Stocko to enter the retail broking market. Although the transaction's magnitude was not disclosed, those with knowledge of the situation estimated that it would be an
A media report published on 15 June stated that Allison Kirkby, the chief executive of BT Group, stated that developments in artificial intelligence may intensify the substantial layoffs already occurring at the British telecoms business. BT's goals to eliminate over 40,000 jobs and cut 3 billion pounds
According to regulatory records, Meesho, an e-commerce firm, made progress in its IPO process after the National Company Law Tribunal (NCLT) permitted the business to move its headquarters from Delaware, the United States, back to India. Meesho will now combine with the Indian company and finish the redomiciling procedure in
Bengaluru-based Nuvie has raised $450K in pre-seed funding led by PedalStart. The brand creates protein-rich, guilt-free snacks and drinks. The funds will support product innovation, brand-building, and expansion as Nuvie aims to make healthy eating both tasty and accessible across India.