As Maruti Suzuki India (MSIL) gears up to launch its first electric vehicle (EV) in January 2025 at the Bharat Mobility Show, the company is not just introducing a new model but also a robust customer support ecosystem. This initiative aims to address key concerns such as range anxiety, charging infrastructure, and resale value, which have hindered EV adoption in India.
Hisashi Takeuchi, MD and…
Vahan, an innovative recruitment platform focused on blue-collar workers, has successfully raised $10 million in a Series B funding round led by Khosla Ventures. This financial boost will be pivotal in advancing Vahan’s artificial intelligence (AI) recruitment technology, enabling it to cater to the unique needs of India’s blue-collar workforce. The round also witnessed contributions from…
The Telecom Regulatory Authority of India (TRAI) has unveiled new recommendations aimed at simplifying the licensing process under the Telecom Act. Notably, the regulatory body has chosen to exclude popular Over-The-Top (OTT) communication services such as WhatsApp, Telegram, and Google’s RCS from this licensing regime. This decision comes despite significant lobbying from major telecom…
Kolkata-based SaaS marketplace startup NowPurchase has successfully raised $6 million in a funding round led by existing investor Info Edge Ventures. The investment, which comprises a mix of equity and debt, also attracted participation from other notable investors, including Orios Venture Partners, 100 Unicorns, and VC Grid, along with family offices and angel investors. This capital infusion is…
Bengaluru-based direct-to-consumer (D2C) Ayurveda platform Kapiva is on the hunt for INR 300-330 crore (approximately $40 million) in funding to further bolster its operations and expand its market presence. Founded in 2016, Kapiva has made a name for itself with its diverse range of Ayurvedic nutrition products, which include juices, gummies, capsules, hair oils, and shampoos. The company aims to…
Stockal, a prominent global investing platform, has announced its strategic acquisition of Acru, a company specializing in investment infrastructure tailored for Non-Resident Indians (NRIs) and Persons of Indian Origin (PIOs). This acquisition strengthens Stockal’s mission to create a seamless cross-border investment ecosystem, allowing Indian investors to access over 6,000 global securities…
Schmooze, an AI-driven meme-based dating app, has successfully raised $4 million in a Series A funding round led by Elevation Capital. The funding also attracted participation from notable angel investors, including founders from UltraHuman, The Souled Store, Mosaic Wellness, and Paytm.
Founded in 2021 by Vidya Madhavan and Abhinav Anurag, Schmooze initially targeted US users but expanded to the…
Analog Devices (ADI) has entered into a partnership with India’s Tata Group to explore semiconductor manufacturing in the country, signaling a significant step towards bolstering India’s position in the global chip market. The announcement was made on Wednesday, highlighting the collaboration between the U.S. chipmaker and Tata Electronics, the manufacturing arm of the Tata conglomerate.
Tata…
India has officially eclipsed China in crucial global stock gauges, signaling a significant shift in investment dynamics and the potential for a substantial influx of foreign capital into Indian equities. According to a report by Morgan Stanley dated September 17, India now holds a 2.35% weighting in the MSCI AC World IMI Index, compared to China’s 2.24%. This positions India as the…
YouTube is taking its Shorts platform to the next level with the integration of Veo, an AI model developed by Google DeepMind. This innovative enhancement allows content creators to produce high-quality backgrounds and six-second video clips, marking a significant upgrade from the previous AI tool, Dream Screen. The latest features aim to streamline content creation and boost viewer engagement…
