Summary: Alpha Wave Global, an investment firm linked to Elon Musk, is reportedly in advanced discussions to acquire a 6% stake in India’s leading snack brand, Haldiram’s, for approximately ₹5,160 crore. This follows a recent deal where Singapore’s Temasek acquired…
In a significant development in the edtech sector, Alakh Pandey-led PhysicsWallah (PW) is reportedly in advanced discussions to acquire Drishti IAS, the UPSC coaching institute founded by Vikas Divyakirti, for a staggering ₹2,500 crore. According to a report by Entrackr,…
Summary: Leading Indian music labels, including T-Series, Saregama, and Sony Music, are joining a copyright lawsuit against OpenAI in New Delhi. The case, which originally began with Indian news agency ANI suing OpenAI for unauthorized content use, has since expanded…
Summary: Rapido plans to launch a women-driven bike taxi service, “Pink Rapido,” in Karnataka by the end of the year. Announced by co-founder Pavan Guntupalli at the Global Investors Summit in Bengaluru, the initiative aims to provide safe and convenient…
Summary: Prime Minister Narendra Modi, speaking at the 14th India-France CEO Forum in Paris, emphasized India’s status as a top global investment destination due to a decade of stable and predictable policies. He urged global investors to seize current opportunities,…
Summary: Zomato Limited, led by CEO Deepinder Goyal, is rebranding as Eternal Limited following board approval. The new name reflects the company’s long-term vision and its shift beyond food delivery into diversified services like quick commerce, dining solutions, and hyperlocal…
Summary: In Budget 2025-26, Finance Minister Nirmala Sitharaman announced a new scheme for five lakh women, SC, and ST first-time entrepreneurs to promote inclusive entrepreneurship and economic empowerment. The initiative aims to provide financial assistance, skill development, mentorship, and easier…
Summary: Whizzo, a pioneering materials science manufacturing startup, has successfully raised $4.2 million in its seed funding round. The investment was led by Lightspeed, with additional backing from BEENEXT. This funding will be instrumental in advancing research and development in…
Summary of Snabbit’s Funding Announcement : Snabbit, an on-demand home services app, has raised $5.5 million in a Series A funding round led by Elevation Capital, with participation from Nexus Venture Partners and notable angel investors. This follows the $1…
Summary: BlueMedix, a leading retail pharmacy chain in Eastern India, has raised $5 million in a pre-series funding round led by a Dubai-based family fund. With 130 stores across Bihar, Jharkhand, UP, and MP, the company plans to expand nationally, targeting…