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Hyderabad: Hyderabad-based Brihaspathi Technologies, an AI surveillance and security solutions provider, on Thursday said it has raised $10 million in funding from foreign institutional investors and others. Brihaspathi will use the capital to establish a new 72,000 sq. ft. CCTV manufacturing facility in Hyderabad, which is expected to be operational by the end of the current financial year, the company said in a statement. It also plans to hire over 400 new employees. The company has been awa ...Read More >
Bengaluru: Indian drone startup Raphe mPhibr raised $100 million, led by General Catalyst, marking the largest private fundraise in the sector by an Indian company to date. The round also saw participation from existing investors Think Investments, Amal Parikh, and other family offices, bringing the company's total capital raised to $145 million.The fresh funds will be used to expand Raphe mPhibr's end-to-end aircraft design, engineering, and manufacturing facilities as it positions itself to su ...Read More >
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