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Emergent Becomes Unicorn Just Over a Year After Launch, Raises $130 Million at $1.5 Billion Valuation

Emergent Becomes Unicorn Just Over a Year After Launch, Raises $130 Million at $1.5 Billion Valuation

Emergent, the fast-growing AI software creation platform that enables founders and business owners to build full-stack, production-ready web and mobile applications, has…

16 Jul 2026
Cabinet Greenlights INR 1.27 Lakh Crore Semicon Mission 2.0 for India’s Semiconductor Growth

Cabinet Greenlights INR 1.27 Lakh Crore Semicon Mission 2.0 for India’s Semiconductor Growth

According to IT Minister Ashwini Vaishnaw, the Union Cabinet approved a budget of 1.27 lakh crore Indian rupees (INR) for the second India Semiconductor Mission on July 15,…

16 Jul 2026
Aditya Birla Group to Buy Shell's Sprng Energy in $1.8 Billion Renewable Energy Deal

Aditya Birla Group to Buy Shell's Sprng Energy in $1.8 Billion Renewable Energy Deal

On July 13, Grasim Industries Ltd.'s Aditya Birla Renewables Ltd. announced that it has signed a formal deal. Aditya Birla will purchase all of the stock and other assets of…

15 Jul 2026
Daily Indian Funding Roundup & Key News - 14 July 2026: BUILT Bags $2 Mn, Avendus Closes ₹1,800 Cr Fund, CCI Fines HP ₹139 Cr

Daily Indian Funding Roundup & Key News - 14 July 2026: BUILT Bags $2 Mn, Avendus Closes ₹1,800 Cr Fund, CCI Fines HP ₹139 Cr

Consumer D2C and late-stage private equity drove the day's action on 14 July 2026. Footwear brand BUILT bagged $2 Mn in pre-seed capital, while Avendus moved to close its…

15 Jul 2026
Anthropic Rolls Out India Pricing for Claude AI, Pro Plan Begins at INR 2,000

Anthropic Rolls Out India Pricing for Claude AI, Pro Plan Begins at INR 2,000

The Claude AI assistant from Anthropic has begun to feature prices tailored to the Indian market. This means that subscribers can now pay with rupees rather than dollars. This…

14 Jul 2026
HP India Penalised INR 139 Crore by CCI Over Bid Rigging in Government Tenders

HP India Penalised INR 139 Crore by CCI Over Bid Rigging in Government Tenders

In response to anti-competitive behaviour in the Government e-Marketplace (GeM) bids, the Competition Commission of India (CCI) fined HP India INR 138.85 crore and 21 of its…

14 Jul 2026
Daily Indian Funding Roundup & Key News - 13 July 2026: Dhruva Space Bags ₹60 Cr, Zetwerk Gets SEBI IPO Nod, TCS Adds 9,200 Staff

Daily Indian Funding Roundup & Key News - 13 July 2026: Dhruva Space Bags ₹60 Cr, Zetwerk Gets SEBI IPO Nod, TCS Adds 9,200 Staff

Spacetech leads the day's dealflow. Hyderabad-based Dhruva Space has drawn ₹60 crore from Antariksh Venture Capital Fund, the maiden cheque from the Centre's ₹1,600 crore…

14 Jul 2026
ABB Selects TCS for Multi-Year AI-Powered Global Network Operations Transformation

ABB Selects TCS for Multi-Year AI-Powered Global Network Operations Transformation

As part of its plans to revamp its worldwide network operations, Tata Consultancy Services has broadened its partnership with electrification and automation industry…

14 Jul 2026
ONGC Greenlights Strategic Crude Oil Storage Expansion Project

ONGC Greenlights Strategic Crude Oil Storage Expansion Project

Government-owned Oil and Natural Gas Corp. gave the go-ahead to increase the size of the nation's strategic oil reserves. In light of the energy shock caused by the Iran war,…

13 Jul 2026
Renault India Teams Up with IIT Kanpur for Next-Generation Vehicle Research

Renault India Teams Up with IIT Kanpur for Next-Generation Vehicle Research

In an effort to boost India's capacity for automotive R&D, Renault India and the Indian Institute of Technology (IIT) Kanpur have formed a strategic collaboration. In a…

13 Jul 2026