xLight Raises $40 Mn to Transform Chip Manufacturing with Breakthrough Laser Technology
xLight raises $40M to develop breakthrough EUV laser tech, aiming to transform chip manufacturing and boost US leadership in the semiconductor race.
Startups
From Rock Bottom to ₹40 Crore: Rhea Chakraborty and Showik’s Chapter 2 Drip Redefines Streetwear with Purpose
Rhea Chakraborty and her brother Showik have turned their lives around after facing personal setbacks by launching a successful startup, Chapter 2 Drip.
KiranaPro Crisis: Data Breach and Salary Delays Rock Bengaluru-Based Grocery Startup
KiranaPro initially attributed its recent data loss to a hack. CEO Deepak Ravindran later clarified it was actually carried out by a former employee.
Maharashtra FDA Suspends Zepto’s Food License Over Hygiene Violations, Plans Inspections for Other Quick Commerce Firms
A recent inspection at Zepto's Mumbai facility uncovered multiple violations of food safety and hygiene regulations, prompting action against the company.
Drools Pet Food Achieves Unicorn Status with Nestle’s Minority Stake Investment
Drools Pet Food, has achieved unicorn status after Nestle SA, the parent company of Nestle India, acquired a minority stake in it.
WestBridge-Backed Farm-To-Fork Startup Otipy Abruptly Shuts Down Operations
Delhi NCR-based farm-to-fork vegetable provider Otipy has shut down its operations. The decision was made known to employees in a townhall last Saturday, May 17.
OkCredit CEO Harsh Pokharna shares his financial struggles and the dark truth behind startup funding
Harsh Pokharna revealed that founders with limited financial stability are inclined towards adhering to investors' vision, opining that VCs want founders to stay poor.
Sam Baisla Slams Aman Gupta for backing Minister Piyush Goyal’s Remarks on Indian Startups
Entrepreneur and investor Sam Baisla has slammed boAt co-founder Aman Gupta in a strongly-worded LinkedIn post for supporting Commerce Minister Piyush Goyal's remarks.
Piyush Goyal’s remark on Indian Startups sparks debate: “Are We Happy Being Delivery Boys and Girls?”
Union Commerce Minister Piyush Goyal's recent remark at the Startup Mahakumbh 2025 in New Delhi has ignited a controversy in the startup ecosystem.
Perplexity AI Nears Completion of $50 Mn Venture Fund Focused on AI Startups
Perplexity AI, the California-based company behind a well-known AI search engine, is nearing the completion of a $50 million venture fund.
Former OnlyFans Executive Erika Coppel joins Oh as CMO to Disrupt NSFW domain
Former OnlyFans executive has joined the C-suite team at London, U.K.-based Oh, an NSFW startup that provides users with intimate chats featuring AI-generated models.
Helion Energy Secures $425 Million in Funding to Build World’s First Nuclear Fusion Power Plant
Helion Energy, a U.S.-based startup backed by Sam Altman, has secured $425 million in Series F funding to build the world's first nuclear fusion power plant.