Business News

The latest investment takes the company's total funding to USD 21.1 million.

The company is expected to merge its Singapore-based holding entity with its Indian unit, Hiveloop Ecommerce, which will become the parent company after the restructuring.

From drone-led healthcare logistics to AI-optimised urban transport, a new class of deep-tech startups is emerging to tackle structural inefficiencies.

The startup plans to use the fresh capital to accelerate the commercialisation of its Free Space Optics (FSO) and Light Fidelity (Li-Fi) technologies, while expanding into global markets and building customised solutions for defence and enterprise applications.

The secondary component of the funding round enabled liquidity for early investors, including Venture Catalysts, allowing them to convert long-term investments into cash returns.

With this acquisition, Bajaj Electricals will gain full ownership and control of the Morphy Richards brand in India, Nepal, Bhutan, Bangladesh, Sri Lanka, and the Maldives.

Under the initiative, edForce will deliver structured, enterprise-focused training based on NVIDIA's global learning frameworks.

The transaction remains subject to regulatory approvals and other customary conditions.

The firm is expected to make around 26 to 30 investments from the fund.

The round also saw participation from Emergent Ventures, Arc180, Uncorrelated, HAF, along with several angel investors.

The round was led by Susquehanna Asia Venture Capital, with participation from existing investors Elevation Capital, Long Journey Ventures, and Peak XV Partners, while MakeMyTrip joined as a new investor.

The decision comes at a time of heightened tensions involving Iran, United States and Israel, which have contributed to uncertainty in global markets.

The IPO will include a fresh issue of equity shares worth INR 250 crore and an offer for sale of up to 2.68 crore shares by existing investors.

India scrambles to navigate through the supply chain disruptions caused by the ongoing Middle East conflict, and tackle the ripple effect on the local economy and industries.

The below brands have announced their latest funding rounds.

Through GCC Innovation Acceleration Program, NTT DATA will support GCC establishment and enhancement from planning and governance design to talent development and process optimization.

The platform combines LTTS' MedTech expertise across medical imaging, AI-driven diagnostics, and connected healthcare systems with NVIDIA AI infrastructure to enable greater precision and enhanced outcomes.

K-Dense, Dodge.ai, Persistence Labs, Zingroll, and LevelPlane selected for Accel Atoms AI Cohort 2026.

Scapia, a travel fintech startup, is in early talks to raise USD 50–60 million, with General Catalyst expected to lead the round.

The planned IPO is expected to be structured mainly as an offer for sale (OFS), which would allow existing shareholders to partially sell their stakes rather than raise fresh capital for the exchange.

Before this round, the company had raised around USD 183 million from investors including Lightrock, the International Finance Corporation, FMO and 57 Stars.

The details about the valuation will be disclosed only after the deal is finalised and formally filed.

The round saw BII and Finnfund's DAIF join existing backers Eversource Capital and Dutch development bank FMO as investors participating.

Startup Funding Drops around 26% in the Week of March 07–March 13, 2026.

The collaboration will focus on sectors such as pharma and medical equipment, space and aerospace, defence, mobility and smart infrastructure, as well as deeptech, artificial intelligence and other emerging technologies.

The new facility will be located in Tokyo and is expected to become operational in July 2026.

The latest funding comes after a series of investments by Eternal into Blinkit in 2025.

The company said Narayen will continue in the role until a successor is appointed.

The fresh capital will be used to accelerate investments across emerging opportunities within the consumer health and wellness ecosystem.

HCLTech will use Gemini Enterprise and Gemini models to build custom AI agents for global clients