Team VS

CheQ, a credit card bill payment management platform, has secured Rs 18.5 crore (approximately $2.2 million) in additional proceeds in its extended seed round. This is the second tranche of the round for the Bengaluru-based company.

A debt of Rs 100 crore or $12 million has been raised by omnichannel retailer Bluestone from Neo Markets.

QpiAI, a pioneer in generative AI and quantum computing, has secured its initial external funding of $6.5 million to develop generative AI and quantum computing products and platforms.

Hindustan Zinc is the world's second-largest zinc producer and the greatest zinc producer in India. Hindustan Zinc is 64.92% owned by Vedanta.

Corporate Warranty India has provided VOC Automotive with INR 1.5 crore in funding, for a startup in the two-wheeler service industry. India Pvt Ltd (CWI).

The database analytics startup Rockset, which was founded by Venkat Venkataramani, an alumnus of NIT Tiruchirappalli, and Dhruba Borthakur, an alumnus of BITS Pilani, has been acquired by OpenAI, the creator of ChatGPT.

Zepto, a company that specialises in quick commerce, has secured $665 million in its Series F round from a variety of new investors, including Avenir, Lightspeed, and Avra (Anu Hariharan's new fund).

Stability AI, a British artificial intelligence startup, has appointed Prem Akkaraju as its new chief executive officer.

Blue Dart, a logistics company, announced on Friday (June 21) that it has begun drone deliveries in collaboration with Skye Air, a drone manufacturer based in the United Kingdom.

Bharat Petroleum Corporation Limited (BPCL), a Fortune Global 500 company and a 'Maharatna', has partnered with Bounce Infinity to enhance the extensive battery switching infrastructure of Bounce Infinity.