Plush Secures ₹40 Cr in Series B Funding to Expand Feminine Hygiene Brand

Chennai-based feminine hygiene startup Plush has raised ₹40 crore in a Series B funding round led by Premji Invest's former senior partner Rahul Garg. Founded in 2019 by Ketan Munoth and Prince Kapoor, Plush offers eco-friendly products like sanitary pads and intimate wipes. The funds will support product development, retail expansion, and marketing efforts

Zaggle Acquires Dice Enterprises for ₹123 Cr to Strengthen Spend Management Portfolio

Fintech firm Zaggle has announced the acquisition of Pune-based spend management startup Dice Enterprises for ₹123 crore. This strategic move aims to enhance Zaggle's product offerings and expand its market presence in the enterprise spend management sector. The acquisition is expected to bolster Zaggle's capabilities in providing comprehensive financial solutions to businesses.

LoanTap Secures ₹74 Cr in Pre-Series C Funding to Enhance Supply Chain Financing

Pune-based fintech startup LoanTap has raised ₹74 crore (approximately $8.6 million) in a Pre-Series C funding round, comprising both equity and debt. The funds are earmarked to strengthen its supply chain financing solutions, aiming to support small and medium enterprises (SMEs) with improved credit access and operational efficiency.

Naagin Raises $2.1M to Expand Indian-Inspired Hot Sauce Brand

Mumbai-based hot sauce startup Naagin has secured $2.1 million in a funding round led by 360ONE Asset, with participation from existing investor 8i Ventures and undisclosed angel investors. The funds will be utilized to enhance manufacturing capabilities, expand distribution channels, and strengthen the brand's presence both online and offline across India

Syfe Secures $80M in Series C Funding to Expand APAC Presence and Strengthen Indian Tech Hub

Singapore-based digital wealth management platform Syfe has raised $80 million in a Series C funding round, comprising a $53 million all-equity Series C2 and a prior $27 million Series C1 in August 2024. The round was led by two UK family offices, with participation from existing investors Unbound and Valar Ventures .

Sanofi Acquires US Biopharma Firm Blueprint for $9.1 Billion

French drugmaker Sanofi has agreed to acquire US-based Blueprint Medicines for $9.1 billion to strengthen its oncology pipeline. The deal enhances Sanofi’s presence in precision cancer treatments, particularly targeting rare genetic mutations. Blueprint’s portfolio includes breakthrough therapies for lung and blood cancers. The acquisition aligns with Sanofi’s strategic shift toward innovative therapies and high-growth specialty care.

Tata Electronics Eyes Malaysian Chip Fab Acquisition to Strengthen India's Semiconductor Ambitions

Tata Electronics is in advanced talks to acquire a semiconductor fabrication or OSAT plant in Malaysia, engaging with companies like X-Fab, DNeX, and Globetronics. This strategic move aims to bolster Tata's expertise and talent pool ahead of launching semiconductor assembly and packaging operations in India. The acquisition aligns with Tata's significant investments in India's semiconductor sector, including projects in Gujarat and Assam.

Stable Money Secures ₹173 Crore in Funding Led by Fundamentum Partnership

Wealthtech startup Stable Money has raised ₹173 crore (approximately $20 million) in a funding round led by Fundamentum Partnership, co-founded by Infosys' Nandan Nilekani. Specializing in digital fixed-return investment products, the company plans to utilize the funds to expand its offerings and accelerate growth in India's wealthtech sector. The investment underscores growing investor confidence in digital-first financial platforms.

India Launches BharatGen: Government-Funded Multimodal AI Model for 22 Indian Languages

India has unveiled BharatGen, its first government-funded multimodal large language model (LLM) designed to support 22 Indian languages. Developed under the National Mission on Interdisciplinary Cyber-Physical Systems and led by IIT Bombay, BharatGen processes text, speech, and images. It aims to enhance AI accessibility across sectors like healthcare, education, agriculture, and governance, promoting inclusive, culturally rooted AI solutions

Digital Rajasthan Yatra 4.0 Highlights State's Rapid Digital Transformation

Inc42's Digital Rajasthan Yatra 4.0 report chronicles a 3,000 km journey over 15 days across seven cities, showcasing Rajasthan's swift digital evolution. The initiative highlights advancements in agriculture, healthcare, education, and governance, driven by local entrepreneurs and startups. The report emphasizes the state's commitment to digital innovation and the pivotal role of grassroots efforts in fostering technological growth.