Startup news and updates: Daily roundup (January 7, 2025)

Tata Elxsi partners with National Aerospace Laboratories for advanced air mobility Tata Elxsi and CSIR-National Aerospace Laboratories (CSIR-NAL) have signed an MoU to establish a partnership for advanced air mobility. The…

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Crypto platform CoinSwitch launches Rs 600 Cr initiative to help WazirX users recover loss

Crypto platform CoinSwitch on Tuesday launched CoinSwitch Cares, a Rs 600 crore initiative for users impacted by the alleged cyber attack on WazirX in July last year that resulted in…

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Bengaluru EV maker Oben Electric bags Rs 50 Cr in Series A funding to expand operations

Bengaluru-based electric motorcycle manufacturer Oben Electric raised Rs 50 crore in a Series A funding round led by international and domestic investors, including Ambis Holding US, Kuberan Ventures, Karimjee Group…

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NCLAT to hear Meta plea against fair trade regulator’s penalty on Jan 16

Meta Platforms Inc on Monday moved corporate appellate tribunal NCLAT against the order passed by fair trade regulator CCI, which imposed a penalty of Rs 213.14 crore for abuse of…

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Beauty and Superstore lead Nykaa’s growth; Shaping the future of logistics

Hello,India has a message for the tech world–the country is ready and open for international business interests. The government is considering fresh subsidies for electronic component-makers and cutting tariffs on imports…

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