Government Allocates ₹211 Crore to Propel Spacetech Startups through Fund of Funds
The Union Government has announced an investment support of Rs 211 crore under the Fund of Funds for Startups.
Dream11 Parent Ventures into Wealth Management with Launch of Dream Money App
Dream Sports has launched a wealth tech app, Dream Money, enabling investments in digital gold and fixed deposits.
Indian Startup Funding and Acquisitions: Highlights from August 18-23
During the week, 16 Indian startups raised a total of $283.33 million, including 5 growth-stage and 9 early-stage deals.
TikTok’s Website Makes a Comeback in India After Five-Year Hiatus
TikTok has made a quiet comeback in India, with its website now accessible to several users.
PokerBaazi Halts Real-Money Gaming Operations Following New Legislation Backed by Nazara
Nazara's Moonshine Technologies suspends real-money gaming operations after Online Gaming Bill cleared.
Recur Club Joins Forces with Enrission India Capital to Enhance Startup Funding Opportunities
Recur Club partners with ENRISSION to enhance capital access for impactful startups in India.
JICA Dedicates $40 Million to Aavishkaar Capital’s Worldwide Supply Chain Support Initiative
JICA announced a $40M investment into Aavishkaar Capital’s fund to support growth in Asia and Africa.
OpenAI Expands Horizons: First India Office Set to Launch in New Delhi
ChatGPT parent OpenAI is set to open its first India office in New Delhi later this year, deepening its presence.
Smartworks Reduces Ownership in Cleanmax
Smartworks has reduced its stake in Cleanmax from 24.82% to 9.08%, selling shares for Rs 99 lakh.
Major Gaming Platforms Halt Real Money Operations
The Indian government’s Online Gaming Bill has led to multiple platforms like My11Circle shutting down.
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