Aryan Sharma

Through this initiative, the company plans to support startups by giving them shelf space and visibility in around 180 stores and pharmacies in Mumbai and Pune.

Backed by Temasek and Zomato, Shiprocket plans to raise around ₹2,000–2,500 crore through the IPO.

After getting the go-ahead, the board approved renaming the company from “Pine Labs Private Limited” to “Pine Labs Limited,” as a step toward filing for an IPO in India.

Through this partnership, startups will get access to Razorpay’s fintech tools, mentorship, product credits, and a supportive innovation ecosystem. The goal is to help early-stage startups working on advanced technologies grow faster.

Foxconn has reportedly more than doubled its revenue in India to over $20 billion (around ₹1.7 lakh crore) in FY25.

Ola Electric, the electric vehicle company, will held a board meeting on Thursday to decide on raising funding by issuing non-convertible debentures (NCDs) or other securities in one or more rounds.

It will focus on both front-end and back-end chip design. CEO Raghu Panicker said the company will also train 80 to 100 students each year in advanced chip design technologies.

This new plant is expected to become Foxconn’s second-largest iPhone manufacturing facility after its unit in China.

The government began the plan to create an Indian AI model in January this year because foreign AI models are trained on Western data and don’t fit well with Indian languages and situations.

The firm had invested ₹116 crore over several rounds in the past 10 years, and this exit gave them more than 11 times that amount in return.