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The Indian government recently shared an encouraging update on the progress of its Electronics Manufacturing Scheme. According to information provided to Parliament, over $1B has been invested under the initiative as of this past June.…
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Funding activity in the Indian startup ecosystem declined significantly this past week as entrepreneurs managed to collectively raise just $43 million across 12 deals. This marked a sharp decrease of over 65% compared to the $200 million…
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A serial tech entrepreneur has launched a new artificial intelligence startup aiming to improve sales efficiency with the help of virtual sales engineers. DocketAI, founded last year by Arjun Pillai, a former chief data officer at leading…
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Swedish energy tech startup Greenely has closed an €8 million Series A funding round that will allow it to scale its energy management platform to new markets in Finland and Norway. Greenely is on a mission to empower households across…
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Mystore, a leading ONDC-connected marketplace, has incorporated an artificial intelligence-powered semantic search feature on its buyer and seller apps. The new functionality aims to simplify the searching process and increase product…
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A recent survey conducted by INC42 indicates that investors are bullish about the expansion of India's booming startup ecosystem across new regions. The survey projected Pune, Hyderabad, Chennai, Jaipur and Ahmedabad as the cities most…
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A growing event platform has secured funding to improve its recommendation capabilities and diversify its offerings, aiming to become the go-to app for discovering niche gatherings. Posh, which focuses on intimate events for hundreds of…
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Digital banking solutions provider Mercury made headlines earlier this year due to regulatory scrutiny over its account opening practices. Now, the company has updated its eligibility criteria, discontinuing support for founders located in…
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At just 17-years-old, Eric Zhu has already raised $2.3 million in seed funding for his startup Aviato after launching the company from an unlikely location - the bathroom of his high school. Aviato provides analytical insights on private…
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The CEO of Monarch Tractor, an electric tractor startup focusing on automation, has stated that a recent $133 million funding round will help propel the company past certain difficulties faced in recent months. Praveen Penmetsa told this…
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