Insight

Mitsui & Co., Ltd. and Marubeni Ventures have made investments in River, an electric car manufacturer based in Bengaluru, as part of its Series B funding round. The monetary value of the deal was not revealed.

Digii, an AWS Technology Partner, and AWS India Private Limited have together launched "DigiiAI," a digital solution designed to revolutionize the educational experience on campuses.

TimBuckDo has secured seed funding of Rs 2,00,00,000 from two angel investors, Morton Meyerson and Nandkishore (Andy) Kalambi, who are based in the United States.

CASHe, one of India’s leading AI-based financial wellness platforms, has announced its foray into insurance broking services today.

Felicity Games, a company that creates and distributes casual games, has secured $700K in funding during its pre-seed round. The funding was provided by DeVC, Visceral Capital, and notable angel investors like Kunal Shah from CRED.

Vi Business, the corporate division of Vodafone Idea (Vi), and PayU, a prominent digital financial services provider in India, have just formed a strategic alliance with the goal of accelerating the digital transformation of India's micro, small, and medium companies.

Michelin, a leading French tyre company, has partnered with the Department for Promotion of Industry and Internal Trade (DPIIT) to introduce a program aimed at fostering innovation and entrepreneurship.

An AI-powered model that can create visuals from languages has been released in India by New York-based SaaS company Fractal. According to the business, Kalaido.ai is the first text-to-image production model that can produce high-quality graphics from text prompts in 17 Indian languages, including Tamil, Sanskrit, Hindi, and English.

Immuneel Therapeutics, a biotech business specializing in cancer research, has secured Rs 100 crore or $12 million in additional funding for its Series A round from Taiba Middle East FZ LLC. This marks the company's third round of funding since its establishment in 2018.

[Funding Alert] Restaurant Chain House of Biryan Secures $2 Mn in Funding