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Fintech startup Partior raises $60 million in a Series A funding round led by Peak XV Partners, with participation from Jump Trading and Valar Capital. The funds will expand Partior's blockchain-backed clearing network, integrating more currencies and developing new capabilities for seamless cross-border transactions.

Fintech Startup Partior Raises $60 Million In Series A Funding Round Led By Peak XV Partners

Peak XV Partners, the former Sequoia Capital India, sponsored a $60 million Series A fundraising round for Partior, a blockchain-backed clearing and settlement network based

Startups in India anticipate significant measures from Union Budget 2024, including the removal of angel tax and incentives for investments. Health tech and AI sectors seek increased funding to drive innovation and economic growth. The budget will be presented on July 23 by Finance Minister Nirmala Sitharaman.

Budget 2024: Startups Seek Removal Of Angel Tax And Investment Incentives

The Indian startup community has high expectations for the Union Budget 2024, which is scheduled to be unveiled on July 23. The BJP-led NDA government’s

Bengaluru-based startup Pixxel Space aims to mine asteroids for building materials and space settlements. Co-founder Await Ahmed outlines plans to use hyperspectral satellites for detailed exploration of the Moon, Mars, and the asteroid belt. Pixxel Space's innovative technology could revolutionize space resource utilization and sustainable exploration.

Bengaluru-Based Startup Pixxel Space Aims To Mine Asteroids For Space Settlements

A business located in Bengaluru called Pixxel Space has big intentions to mine asteroids, which might pave the way for the construction of space colonies.

Google's parent company, Alphabet, is in advanced talks to acquire cybersecurity startup Wiz for $23 billion. This acquisition aims to bolster Alphabet's cybersecurity capabilities as cyber threats escalate. Wiz, valued at $12 billion, raised $1 billion in May 2024.

Google Parent Alphabet Nears $23 Billion Acquisition Of Cybersecurity Startup Wiz

According to a recent Wall Street Journal article, Alphabet, the parent company of Google, is purportedly in advanced talks to acquire the cybersecurity startup Wiz

UptimeAI secures $14M in Series A funding led by WestBridge Capital, with participation from Emergent Ventures and Aditya Birla Ventures. The funds will enhance its AI platform, expand product offerings, and grow its presence in North America, the Middle East, and Asia, helping manufacturing plants reduce efficiency losses and maintenance costs.

UptimeAI Secures $14 Mn To Enhance AI Solutions For Manufacturing Plants

Lead by WestBridge Capital, UptimeAI is an AI firm that has successfully raised $14 million in a Series A funding round. Aditya Birla Ventures, a

Jio Financial Services Approved as CIC by RBI: Strategic Shift in India’s Financial Landscape

Jio Financial Services has successfully received permission from the Reserve Bank of India (RBI) to change its classification from Non-Banking Financial Company (NBFC) to Core

Adani Ports Plans ₹10,000 Crore Investment for New Transshipment Terminal

Adani Ports and Special Economic Zone Ltd. is set to bolster its southern India transshipment container port with a significant investment of ₹10,000 crore ($1.2

SoftBank Acquires Graphcore: Boosting AI Chip Innovation

In the fiercely competitive artificial intelligence semiconductor business, Graphcore, a well-known British chipmaker, has been acquired by Japan’s SoftBank Group, a major development. Graphcore’s Evolution

Empowering Care Leavers: CLiC Transforms Lives After Orphanages

Careleavers Inner Circle Forum (CLiC) is a non-profit organisation that Girish Mehta founded with the goal of assisting youngsters who are 18 years old and

Streamlining Event Planning with AR Technology: Spalba Revolutionizes Venue Scouting

The success of an event can be determined by selecting the right venue in the fast-paced world of event planning. This difficulty led to the