Entrepreneur Staff | Page 8

The AI hub is part of Google’s planned USD 15 billion investment in India over five years, from 2026 to 2030.

The round saw participation from Shepherd’s Hill Private Equity, ESV-Arthya AIF, and Roots Ventures, along with venture debt from Innoven Capital and Alteria Capital.

The funding round was led by Abakkus Four2Eight Opportunities Fund, with participation from ICICI Ventures IAF5, Amal Parikh, and other investors.

The fresh capital will be used to strengthen its technology and AI capabilities, expand its product offerings into new trading categories, and grow its user base.

His decision follows recent departures of key executives, indicating changes in the company’s leadership structure.

The firm sold its entire 7.7 percent stake, amounting to nearly 60.6 lakh shares, at an average price of INR 214 per share.

The fresh funds will be used to expand its battery-as-a-service (BaaS) infrastructure and strengthen its network of partner-led stations across key urban and semi-urban markets in India.

The funds will support product expansion, omnichannel growth, offline retail entry, improved working capital, and investments in team and marketing initiatives.

With the establishment of the AI data centre, Visakhapatnam is likely to strengthen its position as an emerging hub for artificial intelligence and cloud infrastructure in Asia.

The announcement of a partnership between Adani, Google, and Airtel to build a cutting-edge AI hub in Vizag is a statement of intent to decentralize India’s tech economy and seed new centers of innovation

India and New Zealand conclude swift trade pact, expanding market access, investment, mobility, and cooperation across sectors, benefiting businesses, farmers, and professionals.

The fresh funds will be used to enhance AI personalisation, expand dark store network, improve delivery speeds, and establish offline retail presence.

The company has appointed ICICI Securities, Morgan Stanley and Kotak Securities as book-running lead managers for the proposed offering.

NuHer offers medical consultations, personalised treatments, nutrition guidance, hormone care, wellness support, and nutraceuticals to manage menopause and midlife health transitions.

According to a stock exchange disclosure, the Gurugram-based firm will roll out its lending operations through its wholly owned subsidiary, MobiKwik Financial Services Private Limited (MFSPL).

The investment will be used to expand its flagship multiplayer cricket game, Hitwicket, and accelerate marketing and user acquisition efforts.

The round was co-led by Susquehanna Venture Capital, Mirae Asset Venture Investments’ Unicorn Growth Fund, and Bertelsmann India Investments, with participation from existing investors Nexus Venture Partners and Lightspeed, along with new investor FJ Labs Inc.

Drip Capital is now aiming to surpass USD 11 billion in cumulative transactions by 2027, indicating a targeted growth of around 25 percent in business volumes.

The new framework focuses on improving the flow of funds to startups by investing through SEBI-registered Category I and II Alternative Investment Funds (AIFs).

Existing investors Lightspeed and Z47 also participated in the funding round.

Avataar leads funding with INR 199.55 crore, joined by Peak XV, Novellus Systems and other investors including Sustained Innovations and Eventures India.

Pine Labs said the acquisition will enable it to offer a more integrated platform for merchants, covering offline payments, online checkout and customer engagement.

With its second fund, Capital-A plans to invest in 15 to 18 companies.

The issue will open for subscription on April 30 and close on May 5, while the anchor investor portion is scheduled to open on April 29.

Parminder Singh has been appointed CEO of REIL, a joint venture between Reliance Intelligence Limited and Facebook Overseas Inc.

The plant is designed to process lithium-ion batteries, rare earth magnets, and metal-bearing industrial waste to support material recovery and circular supply chains.

A portion of the new investment will be directed towards expanding its quick commerce vertical, Amazon Now.

The below brands have announced their latest funding rounds.

Srikanth Velamakanni succeeds Sindhu Gangadharan, Managing Director of SAP Labs India, who completes her term in April 2026.

The below brands have announced their latest funding rounds.