Business News

BEL signs MoU with C-DAC to jointly build sovereign data centre infrastructure for national programmes.

Starbucks plans a global capability centre in Chennai, creating around 800 technology jobs in its first phase.

24 companies propose INR 5,500 crore investment in Gwalior's upcoming Telecom Manufacturing Zone in Madhya Pradesh.

Indian-origin founders hold USD 560 billion in value at overseas unicorns, with 91% based in the US: Prosus-Dealroom report.

Microsoft names India South Central a strategic AI hub for Asia, part of its $20.5B India investment.

Hang Ten Systems raises USD 53 million more led by Xora, taking total funding to $85M; Jerry Yang joins board.

NX Group and India Semiconductor Mission sign MoU to strengthen chip supply chain logistics at SEMICON India 2026.

Hyundai Motor Group launches Mobility Innovation Ideathon with INR10 lakh in prizes for student innovators.

IndieSemiC and Kaynes Semicon sign MoU for OSAT collaboration to strengthen India's chip packaging ecosystem.

Yoga Bar's Suhasini Sampath and Better Bite Ventures launch a USD 260,000 fund for early-stage food startups.

L&T Semiconductor and Tata Electronics partner to expand indigenous chip manufacturing for global customers.

Unstop acquires PerspectAI to add AI-native talent assessment tools to its hiring platform.

Weekly Roundup: Provilac Dairy Farms, Dheya Engineering and Firi led India's top startup funding deals this week.

L'Oréal adds Indian startups Without and Nexus to its second L'AcceleratOR sustainability cohort.

NDude Labs invests in Nutriventia to fund R&D and global expansion of its nutraceutical ingredient brands.

Factrika raises INR 8.9 crore seed round led by Info Edge to scale its on-demand industrial workforce platform.

Micron CEO says Sanand facility will scale from tens to hundreds of millions of chips by 2027.

Advent International to invest USD 328.5 million in Yatharth Hospital for a 24.9% stake in India.

Applied Materials to invest USD 5 billion in India over a decade, announced at SEMICON India 2026.

ByteDance's Zhang Yiming becomes Asia's richest person with USD 105 billion, overtaking Gautam Adani.

Actor Nikita Dutta makes her first consumer investment, backing lab-grown diamond brand Zinara.

SEBI approves Kuku Technologies' IPO, which could raise up to INR 3,500 crore at a INR 15,000 crore valuation.

BSE and Meesho bring Project Shikhar to Delhi to build SME IPO awareness among e-commerce sellers.

Practo elevates Shashank ND Singh to Executive Chairman, names Jagnoor Singh as new CEO effective September 1.

Fujifilm to invest INR 800 crore in a greenfield semiconductor materials plant in India, aligned with ISM 2.0.

DheyaTech raises INR 43 crore led by Avaana Capital to scale India's indigenous gas turbine engine technology.

Huma Qureshi launches saree brand Freefall with Dressfolk, featuring handwoven Chanderi, Varanasi and Kutch textiles.

3one4 Capital exits Yulu via secondary sale as the mobility firm closes a USD 93 million Series C round.

TechnoSport invests INR 4.5 crore with IIT Delhi to launch T-CREST, a sports textile research centre.

Aakrit Vaish's Activate closes maiden USD 105 million fund to back AI-native startups across India.