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Business
Dunzo Co-Founder Mukund Jha to Fund AI Quality Assurance Startup with $6-10 Million
Mukund Jha, co-founder of the popular quick commerce startup Dunzo, is reportedly closing a funding round of INR 50-80 crore for his new General Artificial Intelligence venture. Jha had stepped down from Dunzo last year to pursue new…
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Stock Trading Platform Dhan Poised to Enter Unicorn Club with $100 Million Funding Round
Raise Financial Services, the parent company of popular stock investment app Dhan, is reportedly in talks to raise around $100 million in fresh funding. If successful, this round would value the fintech startup between $1.2-1.5 billion,…
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Sportstech Startup Ropes in Top Athletes To Accelerate India’s Sporting Success
In a move that could help strengthen India's sporting ecosystem, leading sportstech platform Game Theory has brought renowned athletes on board as investors. Chief national badminton coach Pullela Gopichand and table tennis veteran Sharath…
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Government Reports Solid Investment Under Electronics Manufacturing Scheme
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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Indian Startup Investments Fall to four-month low of $43 million in latest funding week
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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AI Startup Lands $15M to Help Sales Reps with Technical Questions
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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Greenely secures €8M Series A to expand smart energy platform across Nordic region
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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How Mystore is Using AI to Enhance Online Shopping through Semantic Search on ONDC
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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Emerging Indian Cities Show Strong Startup Funding Growth in H1 2024
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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Event startup Posh raises $22 million to enhance personalization and expand event categories
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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