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Merak Ventures, an early-stage venture capital (VC) company with a aiming a corpus of $100 million, announced its launch on Monday. Over the following three to four years, the fund plans to invest in 18 to 20 firms.The venture capital...

Oasis Fertility, has secured $50M investement from Kedaara Capital with a commitment to deploy further capital for strategic acquisitions.Kiran Gadela, Co-founder and Managing Director, Oasis Fertility said, “We are delighted about leveraging Kedaara’s understanding of the sector and the...

Healthtech startup HealthAssure an aggregating primary healthcare services and OPD insurance, has secured Rs 50 crore in a Pre-Series B funding round, to reach 10X of its current revenue within the next three years.“Raising our largest round yet in...

Hexagon Capability Center India (HCCI), the single largest R&D hub of the technology major Hexagon AB, today signed an MoU with BVRIT Hyderabad College of Engineering to collaboratively prepare students for the evolving industry needs.The engagement will include offering...

Logistics Startup Rivigo has raised Rs 16 crore (around $2 million) in a Series H round led by existing investors Elevation Capital and Warburg Pincus affiliate Spring Canter Investment.The startup is building the material movement pipeline of India through...

To transfer the shares in its six portfolio firms to the American investor for INR 50 Cr, Unicorn India Ventures has a strategic partnership with the US-based Continuum Fund.Genrobotics, Sequretek, Clootrack, Inc42, Inntot, and NeuroEquilibrium are the six portfolio...

Jitendra Singh, Minister of State (MoS) for Science and Technology, announced 75 "Amrit" awards on Monday, August 22, for collaborative biotech initiatives including startups, business, university, and research organisations.“75 inter-disciplinary, multi-institutional grants would be supported for high-risk, ambitious research...

The Indian Union Finance Ministry has dispelled any rumours that the government could impose fees on UPI by announcing that no decision has been made in this regard.“UPI is a digital public good with immense convenience for the public &...

In his powerful address to the nation from the iconic Red Fort on 15th August ( today) to celebrate the spirit of Independent India, Shri Narendra Modi remarked, "Team India's spirit will carry the country ahead and help fulfil...

Cell therapy company, Eyestem has raised $6.4 million (Rs 51 crore) in a Series A round. The company's patented flagship product, Eyecyte-RPE, is an experimental treatment for Dry Age-related Macular Degeneration (Dry AMD), and it has additional medicines in...