Mumbai-based gaming giant Nazara Technologies has made a strategic move by selling its 94.85% stake in OpenPlay Technologies, which runs the popular Rummy platform, Classic Rummy, to Moonshine Technology. This move comes as part of Nazara’s broader strategy to optimize its gaming portfolio and focus on high-growth areas. The transaction is valued at a significant Rs 104.33 crore and will be…
India’s fintech giant, Razorpay, is making waves in Southeast Asia with its latest move into Singapore. Known for its innovative, AI-powered payment solutions, Razorpay is all set to help businesses in Singapore streamline their digital transactions. This expansion comes as Singapore’s e-commerce market continues to grow, and Razorpay aims to offer local businesses cutting-edge tools to thrive…
In a game-changing move for the enterprise software world, Beacon.li, an AI-powered product assistant, has raised a staggering $7 million in Series A funding. Led by Sorin Investments, this funding round has attracted attention from major players, including Athera Venture Partners, JAFCO Asia, and Unicorn India Ventures, alongside prominent angel investors like Aneesh Reddy (CEO of Capillary…
In a surprising move, Shraeyansh Thakur, one of the key figures at Peak XV Partners (formerly Sequoia Capital India), has announced that he is leaving the venture capital firm after almost a decade. Thakur, who has made significant contributions to the startup ecosystem during his tenure, is now ready to embark on an exciting entrepreneurial journey of his own.
A Major Exit from Peak XV…
MaxIQ Secures $7.8 Million in Seed Funding and Rebrands from Gyaan AI – Here’s What You Need to Know
In a thrilling development, Gyaan AI has officially rebranded to MaxIQ and secured $7.8 million in seed funding to transform customer journey management for B2B SaaS enterprises. Led by Dell Technologies Capital with contributions from Intel Capital, this round of funding sets the stage for MaxIQ to disrupt the customer management landscape and redefine how businesses manage customer…
In a bold move to secure more funding for his AI startup, Krutrim, Bhavish Aggarwal, the founder of Ola Electric, has pledged an additional 5.88 crore shares of Ola Electric. This latest pledge takes his total encumbered shares to around 2.43% of Ola Electric’s total shares, representing about 8.09% of his personal stake in the electric vehicle company.
The shares are valued at approximately…
Future University Bareilly, India’s pioneering AI-enabled New Age Innovative University, continues to set new standards in technology-integrated education. The highly anticipated EduAI Summit 2025 reaffirmed the institution’s commitment to leveraging artificial intelligence in academia, fostering an advanced learning environment that aligns with the demands of a tech-driven future.
The summit…
New Delhi, 6th March 2025 In a significant roundtable discussion held at the World BankOffice in New Delhi, key stakeholders from the Commonwealth CYSDP (Commonwealth)Youth for Sustainable Development Program), executive council members, and industryleaders from various sectors convened with the World Bank leadership to deliberate onIndia’s evolving economic landscape. During this session, the…
Jabil to Build New Silicon Photonics Unit in Gujarat with $125 Million Investment
In a groundbreaking move for India’s tech sector, Jabil, a major supplier to Apple, has announced a $125 million investment to establish a silicon photonics unit in Gujarat. This new facility will not only boost India’s semiconductor capabilities but will also strengthen the country’s position in the global…
Phot.AI Secures $2.7 Million to Transform How Brands Make Digital Content
In a world where digital content is king, Phot.AI is ready to change the game for ecommerce brands. The startup has just raised $2.7 million in a funding round led by Info Edge Ventures, with additional backing from Together Fund, AC Ventures, and over 50 angel investors. This major investment signals big things ahead for…
