News and Trends: Page 6
Aditya Birla Capital Appoints Vishakha Mulye as MD and CEO
Mulye currently serves on the board of Aditya Birla Management Corporation Private Limited, the apex decision-making body of the Aditya Birla Group.
Oil Was Black Gold, Chips Are Digital Diamonds: Narendra Modi
Given the pace at which India is advancing in the semiconductor sector, India will hold a significant share in this $1 trillion market, says Prime Minister Narendra Modi at the Semicon India - 2025
Peak XV Faces Another Senior Exit as Managing Director Harshjit Sethi Steps Down
Earlier this month, Chief Product Officer Anuj Sahai exited the VC after less than two years.
Unpacking the latest WhatsApp Zero-Click Exploit
What is the zero-click exploit that targeted WhatsApp users?
Venturi Partners Secures USD 150 Mn in First Close of Fund II
The consumer-focused growth equity platform is targeting a final close of USD 225 million by June 2026.
Blue Tokai Raises USD 25 Mn from Existing Investors
With the fresh funds, the Gurugram-based brand targets over 800 stores and INR 2,000 crore in revenue within the next four years.
Accel Leads USD 47 Mn Investment in CityMall
In 2022, CityMall had secured USD 75 million in a round led by Norwest Venture Partners.
Tuco Kids Secures USD 4 Mn in Series A Funding Led by RTP Global
Fireside Ventures, Whiteboard Capital, and MG Investments also participated in the round.
Offgrid Energy Labs Bags USD 15 Mn Funding Led by Archean Chemical Industries
The fresh funds will be used to set up a UK pilot unit, expand R&D, and commercialise zincgel batteries.
Flipkart Acquires Majority Stake in Pinkvilla
The deal will allow Flipkart to access insights into emerging lifestyle and entertainment trends while using content to unlock new commerce opportunities.
PayPal Expands into UAE as Global Firms Choose Dubai and Abu Dhabi for Regional Hubs
Tech and financial giants strengthen UAE's position as a global business and innovation hub.
AI, Music, Ethics, and a New Generative AI foundation model
Beatoven AI founder says hallucinations in foundation models are a feature in music, not a bug.
Saudi Arabia Launches SAR1.5 Billion Estrdad Initiative to Refund Fees for Startups and SMEs
Program to ease financial burdens aims to boost innovation, job creation, and long-term sustainability.
The Recycler: Rajat Verma, Founder and CEO, Lohum
With advanced recycling and repurposing, batteries are a resource, not a liability
Star Localmart Acquires DusMinute to Strengthen Regional Retail Network
With this acquisition, Star Localmart plans expansion across five states, targeting 3,000 stores by 2030, with a revenue goal of INR 5,000 crore in the next five years.