News and Trends | Page 8

Ola Electric has launched three new battery energy storage systems - Ola Shakti Gen 2, Shakti and Mahashakti.

T-Hub has selected 14 startups for its 12-month Deep Tech Founder Fellowship focused on technology, market access and fundraising.

Alphabet’s SpaceX investment has surged more than 100-fold over a decade, with its stake valued at USD 94.2 billion.

Stripe has agreed to acquire AI startup OpenRouter for more than USD 7 billion, according to reports.

Pirojsha Godrej has taken over as Executive Chairperson of Godrej Industries and Chairperson of the Godrej Industries Group.

PM Modi’s Independence Day address highlighted AI skilling, self-reliance, startups, critical minerals and semiconductor manufacturing.

India’s startups raised USD 2.03 billion across 11 equity rounds during August 7–13, led by Jio Credit’s USD 1.91 billion Series D.

Many people look at cashback after the bill is generated. By then, the spending pattern is already done. A better method is to check the card against regular bills before applying.

States with GCC policies target 1,380 new Global Capability Centers and 1.18 million jobs by 2031, according to CBRE.

Mahindra University has launched HackerFab, India’s second student-led open-source semiconductor fabrication facility.

JSW Greentech has selected Dassault Systèmes to implement a manufacturing execution system at its upcoming Maharashtra facility for EV.

India’s UPI ecosystem has attracted USD 5.8 billion across 371 funding rounds since 2021, with payments startups recording 8 IPOs and 25 acquisitions.

Parle Products retains the top spot as India’s Most Chosen FMCG Brand for the 14th consecutive year, with 8.5 billion consumer choices.

Speciality Restaurants appoints Avik Chatterjee as CEO to lead brand expansion, new restaurant formats and operational growth across India and international markets.

Scrubsy raised INR 27 crore in seed funding led by V3 Ventures to expand its home cleaning product range across India.

Unico Housing Finance has raised INR 55 crore to expand its affordable housing finance business while maintaining a focus on asset quality and profitability.

Bluehill.VC announced the final close of its maiden fund at INR 400 crore, including an exercise of a INR 50 crore greenshoe option. 

IIMA Ventures and SAP India launch the second Northeast Growth Lab cohort, supporting 25 startups.

Astrotalk has entered the unicorn club at a valuation of USD 1 billion through an employee stock ownership plan.

India’s GCCs remain confident about global leadership through 2030, but AI talent gaps and the need for large-scale workforce reskilling remain key challenges.

Centricity has raised INR 280 crore in Series A funding to scale its wealthtech platform, expand wealth distribution and strengthen its domestic and global presence.