Saudi Aramco’s Ambitious Venture into India’s Startup Scene
Summary Saudi Aramco’s venture capital arm, Prosperity7 Ventures, is poised to inject between USD 200 million and USD 350 million into India’s burgeoning startup scene. Recognizing India’s vibrant ecosystem, Aramco…
LetsTransport Secures $22 Million in Series E Funding
Key Points: Expansion Plans and Market PresenceLetsTransport, founded in 2015 by alumni of IIT-Kharagpur, is focusing on expanding its market presence and scaling business verticals with the newly raised funds.…
Adukale Secures Rs 11 Crore in Pre-Series A Funding Round
Summary Adukale, an Indian direct-to-consumer (D2C) snacks brand, has secured Rs 11 crore (approximately $1.3 million) in a pre-Series A funding round led by Force Ventures. The funding aims to…
Seizing Opportunities: OYO CEO Advocates for India’s Business Potential
Summary Ritesh Agarwal, CEO of OYO Rooms and judge on ‘Shark Tank India,’ urges global companies to consider India for expansion, citing favorable government policies and a thriving business environment.…
BluWheelz, a tech-enabled delivery EV logistics startup has raised $1 million in a bridge funding round led by Venture Catalysts
Highlights: BluWheelz, a pioneering tech-enabled delivery startup specializing in electric vehicle (EV) logistics, has secured a substantial boost with a $1 million bridge funding round led by Venture Catalysts, alongside…
WeWork India Set for Ownership Shift Amidst Stake Sale Talks
Summary WeWork India, a major player in the coworking space, is set for a significant ownership change as its US parent company, WeWork Inc., plans to sell its entire 27%…
InterGlobe Enterprises and CP Gurnani Launch AIonOS: A New Frontier in Artificial Intelligence
Summary InterGlobe Enterprises and former Tech Mahindra CEO CP Gurnani have collaborated to launch ‘AIonOS,’ an AI venture aimed at revolutionizing industries through AI-driven services and data engineering. Led by…
Perplexity AI: Revolutionizing Search with AI Innovation
Summary Perplexity AI, a startup revolutionizing search technology with artificial intelligence, has reached unicorn status, securing over $63 million in funding led by investor Daniel Gross. With backing from prominent…
Flipkart Ventures Launches FLA Cohort 3
Summary Flipkart Ventures has initiated the third cohort of its accelerator program, “Flipkart Leap Ahead” (FLA), focusing on startups incorporating Generative AI (GenAI). Offering investments up to $500,000, the program…
Boba Bhai Secures Rs 12.5 Crore in Seed Funding: A Bubble Tea Sensation on the Rise
Summary Boba Bhai, a bubble tea QSR brand, has secured Rs 12.5 crore in a seed funding round led by Titan Capital and Global Growth Capital UK, with support from…