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growX ventures’ Deeptech Bet: Building A Playbook For Patient Capital
India’s burgeoning deeptech — spacetech, AI, semiconductor, robotics and IoT — sector is calling for more venture capital (VC) money and government support. And deeptech VCs are answering this call....
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Swiggy’s Company Secretary And Compliance Officer M. Sridhar Steps Down
Foodtech major Swiggy’s company secretary and compliance officer M. Sridhar has stepped down from his position, citing personal reasons. He put down his papers on January 29 and his tenure with the...
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Clensta Cofounder Ashish Mishra Quits; To Launch New Beauty Venture
Clensta cofounder and chief business officer Ashish Mishra has quit the company amid a deepening cash flow crisis and the beauty company’s inability to raise funds for the past several months. Mishra...
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Budget 2025: Chip Makers, Designers Demand Higher Outlay, Lower Tax Load
An expansion of the production-linked incentive (PLI) scheme, particularly a higher allocation for the sops, tops the wish list of chip makers from Finance Minister Nirmala Sitharaman in her Union...
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CoRover Partners ONDC To Help Pilgrims Navigate Mahakumbh Via AI
BharatGPT maker CoRover has joined hands with Open Network for Digital Commerce (ONDC) to help Mahakumbh pilgrims navigate the mela through an AI assistant, Mahakumbh AI Sahayata. “This revolutionary...
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Fino Payments Bank Shares Jump 5% After Q3 Results
Shares of Fino Payments Bank jumped over 5% to INR 303 apiece on the BSE in early trade today (January 30) after the company reported robust growth in its business in the third quarter of the fiscal...
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UPI Transaction IDs With Special Characters Won’t Work From February 1
The National Payments Corporation of India (NPCI) has said that from February 1 users can’t use special characters in Unified Payments Interface (UPI) identity. All such information has to be...
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India Planning To Build Its Own LLM: Ashwini Vaishnaw
Union minister Ashwini Vaishnaw has reportedly said that India is planning to build its own domestic large language model (LLM) as part of the INR 10,037 Cr IndiaAI Mission. The government has also...
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Swiggy Shares Dip 6% During Intraday, Slip Below Listing Price
Shares of foodtech major Swiggy nosedived 6.07% to INR 402.30 during the intraday trading session on the BSE today (January 30). However, the stock was trading at INR 405 apiece, down 5.44% from its...
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Spiritual Tech Startup Utsav App Pockets Funding Led By Equanimity
Spiritual tech startup Utsav App has raised INR 6.35 Cr in a Pre-Series A funding round led by Equanimity Investments, along with participation from its existing investor India Quotient. The...
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IPO-Bound OfBusiness Converts Into Public Company
Taking yet another step in its preparations for its initial public offering (IPO), B2B marketplace unicorn OfBusiness has converted itself into a public company. The board of OfBusiness passed a...
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HUL Seeks CCI Nod For Minimalist Acquisition
A week after it announced the acquisition of D2C startup Minimalist for a cash consideration of INR 2,670 Cr, FMCG giant Hindustan Unilever Ltd (HUL) has sought the Competition Commission of India’s...
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Meta To Invest ‘Hundreds Of Billions Of Dollars’ In AI Amid DeepSeek Mania
Amid fears that DeepSeek’s AI models could hurt demand for graphics processing units (GPUs), tech giant Meta’s CEO Mark Zuckerberg has vowed to double down on investments in AI — even “hundreds of...
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Storia’s FY24 Revenue Zooms 51% To INR 169 Cr
Storia Foods and Beverages saw its operating revenue jump 51.30% to INR 169.42 Cr in the financial year ended March 2024 from INR 112.01 Cr in the previous fiscal year. Despite this, the F&B...
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DeepSeek On Indian Servers Soon To Address Privacy Concerns: Union Minister
Union IT Minister Ashwini Vaishnaw has said that India will soon host Chinese AI platform DeepSeek on local servers to address the privacy concerns regarding the cross-border data transfer. In a press...
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PB Fintech’s Q3 Profit Zooms 92% YoY To INR 72 Cr
Insurtech major Policybazaar’s parent PB Fintech reported a 92% jump in its consolidated profit after tax (PAT) to INR 71.54 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 37.23...
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SuperOps Bags $25 Mn To Simplify IT Workflow Automation
AI-driven IT startup SuperOps has raised $25 Mn (around INR 216.4 Cr) in a Series C funding round led by existing investor March Capital, along with participation from Addition and Z47. On the back of...
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Zepto Unveils 10-Minute Instant Exchange And Return Service
Quick commerce unicorn Zepto said it has rolled out 10-minute instant exchange and returns for select product categories. “Now, return/exchange your Zepto orders in just 10 minutes,” the company said...
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The Budget 2025 Will Only Soar; If They Listen To The Startup Roar!
The upcoming Union Budget 2025 in India holds significant hope for the nation’s tapering startup ecosystem. Startups are eagerly anticipating policy measures that can further fuel their development and...
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Can Fambo Fix India’s Broken Food Supply Chains?
The gastronomic Indian is more outbound now, looking away from home for delectables, and the shift has left eateries in a scramble. A steep loss of interest in cooking at home, an evolving consumption...
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