Cabinet approves Rs 7,350-Cr PLI scheme for manufacture of IT hardware

The Union Cabinet has approved the production-linked incentive (PLI) scheme for information technology (IT) hardware products such as personal computers, laptops, tablets, and servers, with incentives worth Rs 7,350 crore,…

Continue ReadingCabinet approves Rs 7,350-Cr PLI scheme for manufacture of IT hardware

[Funding alert] Investcorp to invest $10.36M in luggage brand Safari Industries

Bahrain-headquartered Investcorp is set to invest $10.36 million in Safari Industries, a luggage and bags brand. The transaction is now subject to shareholders and regulatory approvals. Safari Industries is India's third-largest…

Continue Reading[Funding alert] Investcorp to invest $10.36M in luggage brand Safari Industries

Cabinet approves Rs 7,350-Cr PLI scheme for manufacture of IT hardware

The Union Cabinet has approved the production-linked incentive (PLI) scheme for information technology (IT) hardware products such as personal computers, laptops, tablets, and servers, with incentives worth Rs 7,350 crore,…

Continue ReadingCabinet approves Rs 7,350-Cr PLI scheme for manufacture of IT hardware

[Funding alert] AI startup Argoid raises $1.7 Mn led by YourNest Venture Capital

Argoid, a Silicon Valley and Bengaluru-based artificial intelligence (AI) enterprise, has raised $1.7 million in a seed round led by YourNest Venture Capital, an early-stage fund focused on the deep…

Continue Reading[Funding alert] AI startup Argoid raises $1.7 Mn led by YourNest Venture Capital

Airtel enters adtech industry; says users will receive relevant campaigns, not spam

Bharti Airtel on Wednesday marked its entry into advertising business with the launch of 'Airtel Ads', a move it said will enable brands to pitch consent-based and privacy-safe campaigns to…

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[Funding alert] Retail tech platform Arzooo secures $6M from Trifecta Capital

Bangaluru-based B2B retail tech firm Arzooo on Wednesday announced that it has raised $6 million from Trifecta Capital. According to the press statement, the startup will leverage the fresh funds for…

Continue Reading[Funding alert] Retail tech platform Arzooo secures $6M from Trifecta Capital

[Funding alert] Early Learning platform Kutuki raises Rs 16 Cr in seed round led by Omidyar Network India

Kutuki, an early learning platform catering to three to seven-year-old children on Wednesday, announced that it has raised Rs 16 crore ($2.2 million) in a seed round led by Omidyar…

Continue Reading[Funding alert] Early Learning platform Kutuki raises Rs 16 Cr in seed round led by Omidyar Network India