Viestories

In order to support 100 blockchain startups over the next five years, the Software Technology Parks of India (STPI) has established an incubation facility, the Apiary Centre of Entrepreneurship (CoE), in Gurugram.

Poshmark, a Temasek-funded fashion marketplace, has shut down its e-commerce platforms in India, Australia, and the UK.

Vastu Housing Finance Corporation Ltd. has secured a $30 million investment from Indian PE and venture capital firm Faering Capital. Multiple Alternate Asset Management and other company shareholders carried out a secondary sale in the present transaction.

Leucine Rich Bio, a microbiome company, secured an undisclosed sum in a pre-series A round of funding. Prominent medical professionals, including gastroenterologists, oncologists, and biotech entrepreneurs, were the driving force behind the funding.

Meet Harsh Vardhan Goenka, Indian industrialist, businessman, and chairman of RPG Enterprises

Amazon, Microsoft, and India's federal law enforcement agency, Central Bureau Investigation (CBI), have all taken decisive action against those who commit technology support fraud.

Spring Marketing Capital has made a strategic investment in the Neaobank company Niyo.

Clime Finance has provided Perpetuity Capital with Rs 5 crore in debt. Perpetuity Capital is an ISB-accelerated electric vehicle financing platform.

Mokobara, a direct-to- consumer backpack startup, secured $3.6 Mn (INR 29 Cr) from a number of funding partners, such as its current investors Saama Capital, Sauce VC, and Alteria Capital.

Wadhwani AI secured a grant of USD 3.3 million from Google.org as part of the AI for the Global Goals challenge to expand AI technology.