A unified business AI agent platform called UnifyApps has raised millions in its Series A financing round. The round was led by ICONIQ Growth and saw continued support from existing investors, including Elevation Capital. This latest funding milestone brings UnifyApps’ total funding to $31 million, following an $11 million seed Read more…
The manufacturer of electric scooters, Ather Energy, has raised $34.5 million, or Rs 286 crore, through loan and equity. The Bengaluru-based startup is raising capital for the first time this year with this round. According to the company’s regulatory records obtained from the Registrar of Companies, co-founders Tarun Sanjay Mehta Read more…
The SaaS giant has offered the Center an investment proposal worth $700 million to establish a chip fabrication facility in India. With the goal of producing compound semiconductors, Zoho has already chosen a technology partner and established the unit. Cofounder Sridhar Vembu stated earlier in March that the business is Read more…
Tata Electronics, a major player in the assembly of Apple iPhone enclosures in India, has collaborated with Bengaluru and Pune-based businesses to advance the development of high-precision machinery used in the manufacture of iPhone casings. An article in the Economic Times claims that the partnership will concentrate on the complex Read more…
A person familiar with the situation and an internal memo from Peak XV state that the company is establishing a “evergreen” fund, which will be funded by its extended workforce and investment partners. The venture firm wants to investigate investing in several asset classes and grow to be a sizable Read more…
Ather Energy, a manufacturer of electric scooters, has received Rs 900 crore through a right issue from current investors Hero MotoCorp and GIC. Ather previously signed a contract with Hero MotoCorp earlier this week to raise Rs 550 crore. According to a statement from the company, the money would enable Read more…
In order to develop a software stack for artificial general intelligence, One97 Communications Limited, the company that owns the Paytm brand, is investing in artificial intelligence (AI). On Monday, August 21, India’s top payments and financial services provider—as well as the inventor of QR codes and mobile payments—filed its annual Read more…
According to Knight Frank India, it has long been a tendency for Bollywood stars and other well-known individuals, including HNIs, to engage in commercial real estate (CRE). There are some Bollywood stars who buy commercial space with the intention of leasing it, even if there are plenty of cases of Read more…