Insight

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.

According to a recent Nasscom-Zinnov study, India is the sixth-ranked global deeptech ecosystem and is home to over 3,600 entrepreneurs in the deeptech sector.

Nirwana.AI has secured an undisclosed sum in a seed funding round, with a valuation exceeding Rs 100 crore. AI is an AI design tool.Funding was primarily provided by the Canadian company and HNI Family Offices.

The Korea-India Economic Cooperation Forum successfully took place in Hyderabad, fostering enhanced industrial collaboration between the two nations. While inviting Korean companies to invest more in Telangana.

Whatfix, a global leader in digital adoption platforms (DAP), has today announced a strategic partnership with Tech Mahindra (NSE: TECHM), a prominent global provider of technology consulting and digital solutions to enterprises across industries.

Jupiter, a neobanking platform, has secured strategic funding from its current investor to support its non-banking financial (NBFC) operations. This is the inaugural equity round for Amica Finance, a distinct entity.

EKA (Pinnacle Mobility Solutions), an electric vehicle (EV) manufacturer from Pune, has received a second tranche of investment from the Japanese trading corporation Mitsui & Co Ltd.