Insight

Awfis Space Solutions, a prominent participant in the co-working space industry, has secured Rs 268.61 crore from anchor investors.

Mr. Sumit Gera has been appointed CEO of India Business Park by CapitaLand Investment Limited (CLI), effective May 16, 2024.

Deep tech startup 8chili, with offices in Bengaluru, India, and California, US, recently revealed a sizeable investment from mentor and strategic investor Karna D. Shinde.

Daniel Troedsson, an experienced expert in batteries and energy, has joined Metastable Materials, a deeptech battery recycling firm.

The National Aerospace Laboratories (NAL) subscale High Altitude Pseudo-Satellite (HAPS) has successfully tested the Synthetic Aperture Radar (SAR) technology developed by Bangalore-based GalaxEye, a leading space technology startup.

SanchiConnect is creating a scale-up accelerator for deeptech hardware and software firms with core intellectual property in collaboration with YourNest Venture Capital.

Healthtech startup Humors Tech, which created the breath-based health monitoring tool Respyr, has raised Rs 2 crore in pre-seed capital from Venture Catalysts.

Anuj Rathi, a former Flipkart product manager, has been named Cleartrip's new CEO, taking Ayyappan Rajagopal's place.

The first India-focused fund, ThinKuvate India Fund I, has been launched by Singapore-based angel investing network ThinKuvate. The fund has a Rs 100 crore total corpus.

Singapore court has approved Pine Labs, a fintech company, to move its headquarters to India. The company's Singapore and India businesses have merged, per a recent ruling from the court.