Business News
Google for Startups, Antler India Launch AI Immersion Programme in Bengaluru
Applications opened on May 8 and will close on May 22, 2026.
News & Trends | Page 5
Business News
Freo Acquires IndiaLends to Strengthen Credit Marketplace
The deal combines Freo’s financial products and regulatory licences with IndiaLends’ lending marketplace and distribution network.
Business News
InCred Holdings Files UDRHP with SEBI for INR 1,250 Cr IPO
The company may also undertake a pre-IPO placement ahead of the public issue.
Business News
InMobi Acquires MobileAction to Boost iOS Advertising Capabilities
The financial terms of the deal were not disclosed.
Business News
IBM and Yotta Partner to Build Agentic AI Platform in India
The proposed platform will be built using IBM’s watsonx Orchestrate and hosted on Yotta’s Shakti Cloud.
Business News
Emami to Acquire 60% Stake in Vedix, SkinKraft Parent IncNut
The transaction includes performance-linked adjustments over a 24-month period.
Business News
Ecofy Secures USD 15 Mn Debt from Mirova
The funds will be used to finance residential as well as commercial and industrial rooftop solar installations, along with electric mobility solutions.
Business News
Chiratae Invests USD 10 Mn in 5 Startups Under Sonic DeepTech Programme
The selected startups include CtrlB, Interact AI, SuprSend, TakeMe2Space, and a stealth startup.
Business News
Skyroot Becomes India’s First Space Tech Unicorn With USD 60 Mn Funding
Ram Shriram, who is also a board member at Alphabet, Google’s parent company, is an existing investor in Skyroot through Sherpalo Ventures.
Business News
Household Services Startup Pronto Secures USD 20 Mn Fresh Funding
Pronto valuation doubles to USD 200 million after new investment
Business News
India, EU Launch INR 169 Cr EV Battery Recycling Programme
The initiative aims to improve recycling systems for EV batteries, secure critical raw materials and support the transition towards a circular economy.
Business News
Cabinet Approves Emergency Credit Line Guarantee Scheme 5.0
The scheme will provide 100 percent guarantee coverage for MSMEs and 90 percent coverage for non-MSMEs and airlines.
Business News
IAS Officer Bharat Khera Takes Charge as MSME Secretary
Before taking charge in the MSME Ministry, Khera served as Additional Secretary in the Department of Consumer Affairs.
Business News
Krutrim Shifts to AI Cloud, Reports INR 300 Cr Revenue in FY26
The company is now concentrating on providing AI infrastructure, including cloud-based computing power and tools tailored for enterprises.
Business News
Cabinet Approves Two Semiconductor Units Worth INR 3,900 Cr in Gujarat
The projects include a display-focused compound semiconductor facility in Dholera and a packaging and testing unit in Surat.
Business News
Kiran Mazumdar-Shaw Names Niece Claire Mazumdar as Biocon’s Successor
Claire Mazumdar, 37, currently serves as the founding CEO of Bicara Therapeutics, a company incubated by Biocon.
Business News
Freshworks Lays Off 500 Employees Amid AI-Led Restructuring Push
The company had around 4,500 full-time employees as of December 31, 2025.
Business News
Kissht IPO Subscribed Over 9 Times, QIBs Lead Demand
The IPO, which opened for subscription on April 30, was priced in the range of INR 162 to INR 171 per share.
Business News
Netradyne Acquires Moove to Enter European Market
Following the acquisition, Moove will operate under Netradyne Europe and act as a central hub for regional sales, partnerships, and customer engagement.
Business News
Maharashtra Tech Raises USD 1.4 Bn in Q1 2026: Report
A total of 74 funding rounds were recorded during the January–March period, down 48% from 145 deals in Q1 2025, pointing to fewer but significantly bigger transactions.
Business News
Aurm Raises INR 42 Cr Funding Led by Earth Fund and Sattva Ventures
The funding will be used to expand the company’s technology-driven vaulting and secure storage solutions.
Business News
Dream Sports Enters Stock Broking with DreamStreet Launch
The platform is aimed at first-time investors and seeks to simplify stock market participation through AI-driven insights and expert-backed recommendations.
Business News
Ritesh Gauba Named Epigamia CEO; Ankur Goel Elevated to Co-founder
Goel had been serving as acting head since December 2024, following the passing of co-founder Rohan Mirchandani.
Business News
Milky Mist Raises INR 482 Cr in Pre-IPO Round Led by Temasek Arm
The company will use funds for debt repayment, expanding capacity, upgrading its Perundurai facility, and strengthening cold chain and distribution networks.
Business News
Ethnic Wear Brand Kisah Secures INR 35.9 Cr in Series A Funding
Fireside Ventures has contributed INR 34 crore in the round.
Business News
Rosier Foods Secures Investment from Aman Gupta’s SailThru Ventures
The funding will support the company’s expansion in India’s growing health and wellness food market.
Business News
Google Opens Applications for Third Cohort of Play Accelerator India
The three-month, equity-free programme will select up to 20 startups, starting in July 2026, with applications open until May 24, 2026.