Viestories

Esports seasoned professional Ishaan Arya has been named vice president of sales and partnerships by South Asian gaming and esports startup NODWIN Gaming.

The Bengaluru-based AI startup rampp.ai, which uses its GenAI platform to assist businesses, secured $5000K from a group of experienced investors and executives from India and North America.

Under the National Technical Textiles Mission (NTTM), the Center has granted funding of INR 50 Lakh each for seven firms in the technical textiles sector in an effort to promote innovation and sustainability.

WeWork India, a provider of flexible workspaces, just established its first co-working space in Chennai at Olympia Cyberspace in Guindy. This is the company's 55th location nationwide.

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In addition to announcing the expansion of its global Generative AI Accelerator, which aims to support 80 founders and innovators—20 of whom are from Asia-Pacific and Japan (APJ)—with technical and business programming specifically designed for startups in this field, Amazon Web Services Inc. (AWS) also announced a US$230 million commitment to generative AI startups.

Brookfield Asset Management and Alterra Management Limited announced the launch of the Catalytic Transition Fund focused on directing capital into clean energy and transition assets in emerging economies.

The wealth management site ET Money, owned by Times Internet, has been acquired by the wealth and alternates firm 360 One (previously IIFL Wealth) for around Rs 365.8 crore ($44 million).