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The fund plans to invest in sectors such as semiconductors, spacetech, and AI infrastructure. The firm said the fund has already gained strong early momentum, with seven to eight portfolio companies raising significant follow-on funding.

The newly raised funds will be used to expand into new regions, improve its scientific and monitoring (MRV) capabilities, and grow a new industrial partnership model.

The startup said this funding is the first step toward launching its IPO, with becoming profitable as the next major goal. The new funds will be used to grow its in-house manufacturing, improve day-to-day cash operations, and develop systems needed to prepare for entering the public market.

The India–New Zealand T20I series trophy, unveiled with support from IDFC FIRST Bank, features a sustainable design using reclaimed cricket balls and retired bats, highlighting eco-friendly innovation in sport.

alt.f coworking and startupnews.fyi hosted the Hyderabad Startup Meetup 2026, bringing founders and VCs together for curated discussions on fundraising, growth, and startup ecosystem collaboration.

alt.f coworking hosted a Hyderabad startup meetup focused on early-stage funding, bringing founders, investors, and entrepreneurs together to share insights, discuss funding challenges, and exchange practical advice for growing startups.

Loop AI will use the new funding to expand its products and hire more employees at its offices in New York, San Francisco, Tampa, and Bengaluru.

The firm added that Mittal and Sharma chose to leave Peak XV to join Agrawal after his departure.

The acquisition strengthens HORIBA’s expertise in diamond technology, helps set up an R&D hub in India, and expands its capabilities in advanced analytical and measurement solutions.

JAGSoM announces The Padode Foundation Scholarship, a merit-based financial aid program for high-potential management candidates, supporting future leaders across its PGDM specialisations in Marketing, Finance, Business Analytics, and HR.