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Explore news, startup funding, sector trends, and policy updates transforming the technology, media, and telecom landscape in India.

President calls India third largest startup ecosystem in the World

TMT

13 February, 2023

President calls India third largest startup ecosystem in the World

India has the third largest startup ecosystem in the World and educational institutions, especially universities and ......

Garuda Aerospace raises $22 mn in Series A round

TMT

13 February, 2023

Garuda Aerospace raises $22 mn in Series A round

Drone maker Garuda Aerospace has raised $22 million (around Rs 182 crore) in a Series A round, led by early-stage ......

IdeaForge files for IPO; Celesta, Qualcomm, Exim plan partial exit

Finance

13 February, 2023

IdeaForge files for IPO; Celesta, Qualcomm, Exim plan partial exit

Drone maker ideaForge has filed its draft red-herring prospectus (DRHP) with capital market regulator Securities and ......

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Deals Digest: Small deals lead funding race this week

TMT

10 February, 2023

Deals Digest: Small deals lead funding race this week

Small-sized deals took the front seat this week as funding activity rebounded after a brief lull amid announcement of ......

Info Edge reports a Q3 loss due to one-off expense

Finance

10 February, 2023

Info Edge reports a Q3 loss due to one-off expense

Listed Internet company Info Edge on Friday announced a consolidated net loss of Rs 116.5 crore for Q3FY23 versus a ......

PB Fintech's net loss narrows in Q3, says on track to be profitable this FY

Finance

10 February, 2023

PB Fintech's net loss narrows in Q3, says on track to be profitable this FY

PB Fintech-owned Policybazaar reported a significant contraction in its Q3FY23 net loss to Rs 87.3 crore against Rs 298 ......

SIG, Exfinity, others write $11 mn cheque to Rezolve

TMT

10 February, 2023

SIG, Exfinity, others write $11 mn cheque to Rezolve

Artificial intelligence-backed employee service desk platform Rezolve on Friday said it has secured Series A funding of......

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Startups, tech firms cut 20,000 jobs in six months

Infrastructure

10 February, 2023

Startups, tech firms cut 20,000 jobs in six months

Tech and startup companies continue to lay off employees citing over-hiring, cost pressures and funding challenges. Over......

Paytm drops 7% after reports of block trade

Finance

10 February, 2023

Paytm drops 7% after reports of block trade

Shares of One 97 Communications Ltd (Paytm) tanked more than 7% to ₹653 apiece on the BSE in Friday's opening ......

M&M to invest $121 mn to set up EV facility in Telangana

Infrastructure

09 February, 2023

M&M to invest $121 mn to set up EV facility in Telangana

Automaker Mahindra and Mahindra Ltd said on Thursday it will invest Rs 10 billion ($121 million) to set up a ......

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