EAC-PM Recommends Support for Innovation & Public Investment
The Economic Advisory Council to the Prime Minister (EAC-PM) recommends targeted support for innovative firms and increased public investment to stimulate private capital expenditure in India.
Fermi Appoints Lee McIntire CEO Amidst AI Data Center Expansion
Fermi Inc. names Lee McIntire as new CEO, succeeding Toby Neugebauer, as the AI power firm pushes forward with a massive 17 GW data center project.
Microdrama Dominates: 80% Indians Hooked on Short Video Stories
Discover why 80% of Indians are addicted to microdrama! Gen Z’s new entertainment habit offers high engagement for advertisers. Learn more.
Shiprocket IPO Opens Aug 12: Rs 1,617 Cr Issue, Anchor Investors Commit Rs 727 Cr
Shiprocket’s Rs 1,617.5 crore IPO launches August 12. Anchor investors committed Rs 727.41 crore ahead of the public offering. Price band set at Rs 92-97.
Perplexity Blocks Time’s AI Agent Ads, Sparking Debate
Perplexity labels Time magazine’s AI agent ads as ‘deceptive,’ threatening publisher downranking and igniting industry-wide debate on AI advertising standards.
Accel Raises $3.5B for Global AI Startup Investments
Venture capital giant Accel secures $3.5 billion across four new funds, focusing on early-stage global AI startups and deep tech.
IIT Madras & CAMS Boost FinTech Innovation Lab
IIT Madras and CAMS extend their FinTech Innovation Lab partnership to drive AI, blockchain, digital payments, and more, fostering startup growth and research.
India’s Credit Gap: US Founder Contrasts Lending Norms
US entrepreneur Shreyans Jain labels India ‘credit-starved,’ highlighting conservative Indian bank lending vs. US risk appetite. Explore the differences.
ShareChat’s Microdramas Drive 30% Revenue, Aiming for 100M Users
ShareChat’s microdramas now generate 30% of revenue with 900M daily views. The company invests in AI, targeting 100M users by 2026.
Saatvik Green Energy Subsidiary Secures Rs 400 Cr Solar Module Order
Saatvik Solar Industries, a subsidiary of Saatvik Green Energy, has won a Rs 400.16 crore order for solar PV modules, with completion by March 2027.
Shiprocket IPO: ₹727 Cr Anchor Funding Secured
E-commerce platform Shiprocket raises ₹727.41 Cr from anchor investors at ₹97/share ahead of its ₹1,618 Cr IPO opening August 12, 2026.
Mahindra Last Mile Mobility Achieves Unicorn Status at $1.24B
Mahindra Last Mile Mobility (MLMM) secures $1.24B valuation, achieving unicorn status after a ₹322 crore funding round. IPO eyed for late 2027.
Accel Raises $550M India Fund for AI, Fintech Startups
Venture capital firm Accel closes an oversubscribed $550M India fund, part of a $3.5B global push, targeting early-stage AI, fintech, and advanced manufacturing startups.
Netradyne Valued at $1.34B After Series D Funding
AI fleet safety leader Netradyne reaches $1.34 billion valuation in January 2025 after successful Series D funding round, highlighting significant growth.
Bengaluru Police Use AI VANKI for Multilingual Emergency Calls
Bengaluru Police launch VANKI, an AI translation tool for the ‘Namma 112’ helpline, breaking language barriers for over 10 languages in emergency calls.
IBM & Together AI: $240M AI Cluster Deal on IBM Cloud
IBM and Together AI partner for a $240 million multi-year deal to build a cutting-edge AI cluster on IBM Cloud, featuring Nvidia’s latest Blackwell systems for AI inference.
Cult.fit IPO Faces Co-founder Dispute Over Brand Acquisition
Cult.fit’s IPO plans are complicated by a co-founder’s dispute over the 2016 brand acquisition, alleging forgery and non-payment. Learn more.
Shiprocket IPO: ₹727 Cr Anchor Funding Secured
E-commerce enabler Shiprocket raises ₹727.41 Cr from anchor investors ahead of its IPO launch on August 12, 2026. Details inside.
Zepto Warehouse Near Bengaluru Cited for ‘Extremely Unhygienic’ Conditions
Health officials discovered ‘extremely unhygienic’ conditions at a Zepto warehouse near Bengaluru as part of an intensified food safety crackdown, raising concerns.
LEAP India Targets Huge Growth in Underpenetrated Pallet Market
LEAP India is set for major expansion in India’s logistics asset pooling sector, capitalizing on its vast network and recurring revenue model to tap into a massive, underpenetrated market.
Shiprocket IPO: AI Focus for Merchant OS
Shiprocket to invest IPO funds in AI, aiming to build a comprehensive merchant operating system for Indian businesses. IPO opens August 12.
Shiprocket IPO: ₹1,617 Cr Issue Opens Aug 12
Shiprocket’s ₹1,617.48 crore IPO opens Aug 12-14, 2026. Price band ₹92-₹97. Potential 28-30% listing gain.
MIDASX & MACG Launch India’s First Mutual Fund Distributor Network
MIDASX & MACG unite over 50 Mutual Fund Distributor Associations to form India’s first network, driving AI adoption and industry collaboration for wealth distribution.
Milky Mist Dairy IPO: Rs 1,553 Cr Launch on Aug 11
Milky Mist Dairy Food launches Rs 1,553 Cr IPO on August 11, 2026. Anchor investors secure Rs 465.30 Cr ahead of public bidding. Details inside.
Mumbai Teens Launch Luxury Fashion & Eyewear Brands
Mumbai teens Saachi Pasari (18) and Arjun Phoolka (17) launch luxury party-wear ‘Hangover’ and innovative eyewear ‘Ollo’, disrupting fashion and accessory markets.
CoreWeave Stock Surges 6.26% Despite Negative Long-Term Returns
CoreWeave Inc. Class A stock jumped 6.26% to $90.67 on August 8, 2026, but faces challenges with negative one-year returns. Explore its market performance.
Infosys Hold, BEL Buy: Expert Stock Market Advice
Market experts recommend holding Infosys and buying Bharat Electronics (BEL). Get insights on HCLTech, Waaree Energies, and other key stocks for your investment strategy.
Zostel Withdraws Oyo Stake Plea from Delhi High Court
Backpacker hostel Zostel withdraws Delhi High Court plea over its claimed 7% stake in Oyo’s parent, Oravel Stays. SEBI’s examination continues.
Shiprocket Transforms into Tech Platform for Indian MSMEs
Shiprocket, led by Saahil Goel, expands beyond logistics to become a comprehensive tech platform, empowering Indian MSMEs with integrated e-commerce solutions.
Cult Fitness Co-Founder Rishabh Telang Faces Forgery FIR
Bengaluru police file FIR against Cult Fitness co-founder Rishabh Telang over alleged forgery and 50% stake dispute by former co-founder Deepak Poduval.