Mukesh Bansal’s Nurix AI Acquires Enterprise Conversational AI Firm Verloop.io
The deal brings voice and chat automation under one roof as Nurix expands its enterprise AI footprint across India and the Middle East.
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Latest developments in startups, business, and technology across India, MENA, and global markets. Stay informed with breaking news, in-depth reporting, and analysis on entrepreneurship, innovation, and emerging trends.
Koo Co-Founder Shuts Down Second Startup PicSee, Returns Capital To Investors
Mayank Bidawatka is winding down his AI photo-sharing app less than a year after launch, choosing to return investor money rather than pivot again.
Incuspaze Raises ₹150 Crore Led By Bharat Value Fund, Eyes FY29 IPO
The managed workspace operator's second institutional round follows its acquisition of Hyderabad-based iKeva and sets a ₹1,000 crore revenue target.
BatX Energies Raises ₹105 Crore Series A Led By IvyCap Ventures
The Gurugram battery recycling startup pulled in family-office backers alongside its lead investor as India's EV supply chain draws fresh cleantech capital.
Limelight Diamonds Raises ₹275 Crore From Promoter Group
The lab-grown diamond jewellery brand will use the strategic round to expand manufacturing and push retail count past 200 stores by 2027.
Yash Raj Films Backs Rusk Media in First Vertical Entertainment Bet
The Bollywood studio known for the YRF spy universe is stepping into portrait-mode storytelling, partnering with the Alright! TV platform to co-develop original animation and micro-drama IP for Gen Z audiences.
Opendoor Shuts India Operations, Fires 250 Employees in AI-Led Overhaul
The San Francisco-based home-buying platform wound down its entire India workforce on June 11, framing the move as the final step of an "Opendoor 2.0" restructuring — and setting off a wider debate about AI replacing offshore operations.
Shumee Toys Posts All-Time High Revenue of ₹9.62 Crore in FY25, Stellaris Among Investors
The Bengaluru wooden toy brand quietly crossed its highest-ever revenue mark — while key investors including Stellaris Venture Partners and Naveen Tewari were never publicly disclosed.
Pixxel and Sarvam AI Will Put a Data Centre in Orbit by End of 2026
The Pathfinder satellite will carry datacenter-class GPUs and India-built AI models into low Earth orbit — processing hyperspectral imagery in space, without touching a foreign cloud.
Dil Foods Raises ₹72 Cr Series B to Scale India’s Regional Virtual Restaurant Brands
Bikaji Foods' family office leads the round — a legacy snack empire betting on a delivery-first platform that has grown 30x since it operated from just 30 locations three years ago.
Mekr Raises ₹67 Cr from Avaana Capital to Build India’s Full-Stack Appliance Manufacturing Platform
The New Delhi ODM already makes kettles, trimmers, and vacuum cleaners for Croma, Wipro, and Amazon Basics — now it wants to become the backbone of India's consumer electronics supply chain.
Flo Mobility Raises $2.5 Mn to Put Autonomous Robots on India’s Construction Sites
With 60-plus robots already deployed across L&T, Godrej, and Sobha project sites — and a 45% cost saving claim — the Bengaluru startup is taking construction automation to a sector that has resisted it for decades.