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PNN Noida (Uttar Pradesh) [India], April 9: IBOTIX.Ai, a global leader in AI and enterprise automation, today announced a milestone year characterized by a 300% increase in revenue and healthy double-digit EBITDA growth. Driven by soaring demand for its AI products, the company also announced a strategic partnership with Amity Venture Capitalists to accelerate its evolution into an AI Products-only business. IBOTIX.Ai's remarkable financial performance stems from its proven ability to transiti ...Read More >
New Delhi, Apr 9 (PTI) Electric vehicle financing platform Astranova Mobility has raised Rs 60 crore in a funding round led by IvyCap Ventures, the company said on Thursday. The round also saw existing investors - Asian Development Bank and Advantedge Founders. It also witnessed participation from Trucks Venture Capital, a Silicon Valley-based auto-tech fund, the company said in a statement. "With this fund raise, we have simultaneously unlocked significant debt capital and are now all set to ...Read More >
MUMBAI, India, April 9, 2026 /PRNewswire/ -- Atlas, a technology company headquartered in Singapore, today announced it has raised $6 million in seed funding. The round was co-led by Accel and Stellaris, two of India's leading early-stage venture capital firms. The capital will be used to expand Atlas's AI platform, grow its network of partner accounting firms in North America, and accelerate go-to-market efforts in a sector worth more than $150 billion annually. In the United States alone, mor ...Read More >
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Ahmedabad: Gujarat International Finance-Tec City (GIFT City) has witnessed rapid growth in its fund management ecosystem over the past five years, with capital commitments rising sharply from less than $0.5 billion in March 2020 to $32.13 billion by Dec 2025, according to official data.Experts said the nearly six-fold increase reflects growing use of GIFT City for both India-focused and global investment strategies.The number of Fund Management Entities (FMEs) operating in the International Fin ...Read More >
Gandhinagar, April 8 (SocialNews.XYZ) Capital commitments to funds operating from Gujarat International Finance Tec-City (GIFT City) have climbed to USD 32.13 billion as of December 2025, rising nearly 60-fold from less than USD 0.5 billion in March 2020, in a sign of the rapid scaling up of India's offshore financial services hub. The expansion is mirrored in the growing number of participants. Fund Management Entities (FMEs) in the international financial centre have increased from eight in M ...Read More >
Atlys conducted its first Esop buyback worth Rs 4 crore, allowing eligible employees to sell up to 25% of their vested stock options. The scheme was open to eligible staff across all roles and teams. This comes closely after Atlys raised $36 million in a round led by Susquehanna Asia VC in March. Atlys, a visa processing platform, has carried out its first Esop (employee stock ownership plan) buyback worth Rs 4 crore, the company said in a press release. Under the scheme, eligible employees co ...Read More >
New Delhi, April 8 (SocialNews.XYZ) The Gujarat International Finance Tec-City (GIFT City), on Wednesday, told that its fund management ecosystem scaled sharply over five years, with capital commitments surging 60-fold from less than $0.5 billion in March 2020 to $32.13 billion as of December 2025. The number of Fund Management Entities (FMEs) operating in the International Financial Services Centre increased from 8 in March 2020 to 202 at present, representing a 25-fold growth. GIFT City-base ...Read More >
New Delhi, Apr 7 (PTI) Venture Capital firm Bessemer has led a Rs 100-crore funding round of Offbeat -- a new venture being set up by smart wearable firm Boat Co-Founder Aman Gupta, the investment firm said on Tuesday. The statement did not disclose further information about Offbeat. "We back founders who see around corners. Aman saw how a new India would come to think about aspiration, identity, and quality, and built boAt as proof. He is now applying that same instinct to a market being resh ...Read More >
Mumbai Tech Week 2026: Mumbai has long been known as India's financial capital, home to the country's largest banks, financial institutions, media houses, and corporate headquarters. But a new story is now unfolding across its boardrooms and startup hubs. The city is rapidly emerging as a powerhouse for applied artificial intelligence, where startups are transforming enterprise demand into real-world innovation. Mumbai Emerging as a Hub for Applied AI Startups From fintech firms improving frau ...Read More >
Dhanbad, Apr 7 (PTI) TEXMiN IIT (ISM) Dhanbad has announced a series of strategic industry collaborations and startup incubation funding during the two-day R&D fair 'IInvenTiv 2026', an official said on Tuesday. Technology Innovation in Exploration & Mining Foundation (TEXMiN) is a Technology Translation Research Park (TTRP) set up by the Department of Science and Technology, Government of India, at IIT (ISM) Dhanbad. IIT (ISM) director and chairman of TEXMiN's governing board, Prof Sukumar Mi ...Read More >
New Delhi [India], April 4 (ANI): India's Venture Capital (VC) and growth funding ecosystem continued to expand in 2025, with investments rising to around USD 16 billion, marking the second consecutive year of growth, according to the India Venture Capital Report 2026 released by Bain & Company. The report highlights that the growth comes despite a slowdown in broader private capital markets, underscoring sustained investor confidence in India's start-up ecosystem and macroeconomic fundamentals ...Read More >
Aquapulse, a pioneering aquaculture technology startup located in Bhubaneswar, has successfully raised an impressive Rs 25 crore in Series A funding, with NABVENTURES at the helm of this investment. This infusion of capital will enable Aquapulse to broaden its network of farmers and build an advanced processing facility, aiming to improve quality control and increase profits for farmers. Aquapulse, a Bhubaneswar-based integrated aquaculture tech startup, has raised Rs 25 crore in an ongoing Ser ...Read More >
BHUBANESWAR: City-based agritech startup Aquapulse has raised Rs 25 crore in an ongoing Series-A round led by NABVENTURES Ltd, the venture capital arm of NABARD, to build India's first integrated aquaculture ecosystem. The capital, raised through through AgriSURE Fund, will be utilised for expansion and setting up of a state-of-the-art in-house processing facility, expanding its current farmer network from 6,000 plus to over 15,000 plus across Odisha, Andhra Pradesh and West Bengal, and strengt ...Read More >
New Delhi: Defying a broader global slowdown in private capital markets, venture capital (VC) investments in India surged to approximately $ 16 billion in 2025, marking a second consecutive year of expansion, according to a report. The 'India Venture Capital Report 2026' by global consultancy firm Bain & Company and the Indian Venture and Alternate Capital Association (IVCA) revealed that overall deal activity accelerated by about 18 per cent year-on-year, with total transactions exceeding 1,30 ...Read More >
The government said preparations are in place to support spacetech startups, with funding rollout likely from the next financial cycle India's dedicated venture capital fund for the space sector is making steady progress, with investments in selected startups expected to begin in the first quarter of FY2027, Union Minister of State for Atomic Energy and Space, Jitendra Singh, has said. The update was provided during the ongoing Budget Session of Parliament, reflecting continued momentum in deve ...Read More >
NEW DELHI, Apr 1: Union Minister of State (Independent Charge) for Science & Technology, Earth Sciences, and MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr. Jitendra Singh today informed the Lok Sabha about "Antariksh Venture Capital Fund", set up to promote Space StartUps and the emerging Spacetech ecosystem. The Minister also added that India's dedicated venture capital fund for the space sector is progressing steadily, with investment in selected StartUps expect ...Read More >
Venture capital investments in India rose to approximately USD 16 billion in 2025, marking continued growth despite global economic challenges. The increase in funding was broad-based, driven by deals below USD 50 million and larger transactions exceeding USD 250 million. Technology sectors like fintech and SaaS led the way. Despite a global slowdown, India's venture capital sector thrived in 2025, with investments reaching around USD 16 billion, a second consecutive year of growth, according t ...Read More >
NowPurchase has raised nearly $8.5 million (Rs 80 crore) led by Bajaj Finserv, while Bachatt has raised $12 million in its Series A round of funding led by Accel. Bajaj Finserv leads $8.5m funding in NowPurchase NowPurchase, an AI-enabled B2B platform that helps metal manufacturers optimise production and procure raw materials, on Wednesday announced that it has raised nearly $8.5 million (Rs 80 crores) led by Bajaj Finserv. The funding also saw participation from existing investors InfoEdge ...Read More >
New Delhi, Mar 31 (PTI) Fintech firm Bachatt has raised USD 12 million, about Rs 113 crore, in a funding round led by venture capital firm Accel, the company said on Tuesday. The round also saw participation from existing investors, Lightspeed and InfoEdge Ventures. "Bachatt, an AI-led savings and wealth platform for the merchant and self-employed segment, has raised USD 12 million in its series A funding led by Accel," the company said in a statement. The company plans to use the fresh funds ...Read More >
Bengaluru -- Orbital compute infrastructure start-up Starcloud has raised $170m at a $1.1bn valuation as companies including Elon Musk's SpaceX and Jeff Bezos' Blue Origin race to move power-hungry AI data centres off-planet. Led by Benchmark and EQT Ventures, the fundraise underscores surging investor appetite for space infrastructure bets as massive AI computing requirements strain terrestrial energy grids and data centre capacity, even as space-based systems offer access to near-continuous s ...Read More >
The new policy provides for time-bound expedited clearance -- within 60 days -- of investments in specific sectors, manufacturing of capital goods, electronic components, and polysilicon and ingot-wafers. "CoS [committee of secretaries] under the Cabinet Secretary may also revise the list of specified sectors," the statement added. "... the majority shareholding and control of the investee entity will be with resident Indian citizen(s) and/or resident Indian entity(ies) owned and controlled by ...Read More >
New Delhi, 17 February 2026: The Ministry of Electronics and Information Technology (MeitY), Government of India, today convened policymakers, industry leaders, investors and innovators at the India AI Impact Summit 2026 in New Delhi, reinforcing India's commitment to responsible, scalable and globally competitive artificial intelligence. As part of the Summit's programme, the Impact AI PitchFest -- supported by the Indian Venture and Alternate Capital Association (IVCA) -- brought together AI ...Read More >
Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. XRP has spent the past several weeks moving sideways around the $2.00 level, even as headlines around Ripple and the broader XRP ecosystem continue to stack up. Related Reading: Dogecoin Holds Demand Zone Above $0.13, What A Bounce Would Do From a $300 million venture fund expansion into South Korea to nearly $1 billion in spot ETF inflows and fresh regulatory approvals, the bac ...Read More >
New Delhi, Oct 31 (PTI) Gold-plated silver jewellery brand Goyaz said on Friday it has raised Rs 130 crore in a Series A funding round led by US-based venture capital firm Norwest Venture Partners to expand its retail network across India. In a statement, the company said the funds will be utilised to scale its store footprint in key cities, strengthen design and manufacturing capabilities, and enhance its omnichannel experience as it targets metro and tier-II markets. Founded in January 2023, ...Read More >
India Quotient, a seed-to-early-stage venture capital fund, has successfully raised $129 million for its fifth fund. The firm also announced the elevation of Kanika Agarrwal and Sahil Makkar to partner roles, strengthening its leadership team. Known for early investments in companies like ShareChat and Sugar Cosmetics, India Quotient continues its focus on supporting emerging businesses. Early-stage venture capital fund India Quotient said in a social media post on Wednesday that it has raised ...Read More >
A historic shift is underway as AI startups are set to claim over 50% of venture capital in 2025. Discover the trends, US dominance, and the rise of humanoid robots. New Delhi [India], October 22 (ANI): Artificial intelligence (AI) startups are on track to capture more than half of total annual venture capital funding for the first time in 2025, according to a report by CB Insights. Add Asianet Newsable as a Preferred Source The report highlighted that AI companies raised 51 per cent of the t ...Read More >
HSBC India has launched its Innovation Banking service, pledging $1 billion in non-dilutive debt capital to support Indian startups from seed stage to IPO. This initiative aims to fuel growth for entrepreneurial businesses and their investors without equity dilution. New Delhi, HSBC India on Thursday announced the launch of its 'Innovation Banking' in India, which offers banking and financing solutions to support entrepreneurial businesses throughout their lifecycle, from seed to IPO, as well a ...Read More >
The minister posted a video of himself riding the Delhi metro, as he made his way from the Shivaji Stadium Metro Station to the Yashobhoomi Convention Centre in New Delhi's Dwarka, where IMC will take place. "The four-day mega event will unite global telecom leaders, innovators, startups & policymakers under one roof, to shape the roadmap for 6G, AI-native networks, satellite communications & next-gen digital infrastructure, reaffirming India's leadership in the global telecom arena," wrote Sci ...Read More >
Bengaluru, Oct 1 (PTI) Venture capital firm Accel and AI company Anthropic, which runs Claude, a family of large language models (LLMs), will co-host Anthropic's first Developer Day in India here on October 11. The event comes at a time India's AI adoption is accelerating across enterprises, according to a statement. India is already one of Claude's strongest international markets, contributing about 7.2 per cent of global usage. This is an invite-only programme for top CTOs, product leaders a ...Read More >
India's indigenously designed Artificial Intelligence (AI) chips, developed with homegrown technology and talent, have been unveiled by innovators at the T-CHIP Semicon Constitution Summit in Hyderabad. India's indigenously designed Artificial Intelligence (AI) chips, developed with homegrown technology and talent, have been unveiled by innovators at the T-CHIP Semicon Constitution Summit in Hyderabad. These chips, built entirely in Telangana, mark a step in creating a self-reliant semiconducto ...Read More >
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