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“New-Age Tech Stocks Tumble Amid Market Slump: Delhivery Leads Losses”
This week, global stock markets experienced a significant shift in sentiment following the U.S. Federal Reserve’s update about a 25-basis-point interest rate cut. However, the Fed hinted at a slower pace of rate cuts in 2025, which dampened investor optimism. This cautious outlook reverberated across international markets, influencing investor behavior and creating uncertainty. Indian Market […]
“Government Launches Second Round Of Bids For India Artificial Intelligence Mission”
The Indian government has initiated the second round of bids for the India AI Mission, an ambitious program aimed at fostering an artificial intelligence (AI) ecosystem in the country. This mission focuses on critical areas such as watermarking and labeling, ethical AI practices, and risk assessment. Mission Primary Objective The primary objective of the mission […]
“From Zetwerk To Veefin: Indian Startups Secure $171 Million In Funding This Week”
Between December 17 and 20, Indian startups collectively raised $171.2 million across 20 deals. While this marks a significant achievement, it reflects a 73% drop compared to the previous week’s $635.8 million raised through 25 deals. Unlike the previous week, this period saw no mega funding rounds, signaling a cautious approach from investors as the […]
“Delhi HC Directs SFIO To Proceed With Probe Against Hero Electric”
Earlier this month, the court issued an order restricting the Serious Fraud Investigation Office (SFIO) from taking any action against Hero Electric. Additionally, the court put a halt to ongoing investigations. Some weeks ago, the court allowed the company to send a settlement proposal to the ministry. Hero Electric Big News The investigation began in […]
“Info Edge Arm To Acquire Additional Stake In Brainsight”
Info Edge’s subsidiary, Redstart Labs, is set to acquire an additional stake in the Bengaluru-based healthcare startup, Brainsight Technology, for a cash payment of ₹3 crore. Following this acquisition, Redstart Labs’ shareholding in Brainsight Technology will increase from 4.68% to 5.27%. Brainsight Technology Founded in 2019, Brainsight Technology specializes in healthcare solutions using AI-based functional […]
“Arata Raised $4 Million From Unilever Ventures For Hair Care”
D2D startup company Arata has achieved great success by raising $4 million in Series A funding round. The funding round also saw participation from L’Oréal’s BOLD (Business Opportunities for L’Oréal Development) and Skywalker Family Office. Arata Growth Arata, known for its clean and sustainable personal care products, has grown rapidly to serve over 1.5 million […]