Article 

Info Edge has approved the acquisition of the remaining 45.36% stake in Coding Ninjas from the edtech platform’s founders for about Rs 39.91 crore, making the company a wholly owned subsidiary. The Naukri parent will acquire 74,741 equity shares of Sunrise Mentors Private Limited, which operates Coding Ninjas, at Rs 5,340.23 per share. The acquisition will be carried out through a secondary purcha

Sumit Vishwakarma · 7 Jul 2026

Global investment firm B Capital has closed its third early-stage fund at $500 million, as it looks to back startups developing AI and other emerging technologies. The firm said Ascent Fund III was oversubscribed and closed at its hard cap, nearly doubling the size of its previous early-stage fund, which raised $254 million in July 2022. The new fund will invest mainly in seed, Series A and Series

Sumit Vishwakarma · 7 Jul 2026

Actor Kareena Kapoor Khan has made a strategic investment in Fizzy Goblet, deepening her association with the Indian footwear and accessories brand. The financial details of the investment were not disclosed. The startup said Kapoor, who became its brand ambassador in 2022 after having worn the label since 2014, will now take on a broader role. She is expected to be involved in design selection an

Sumit Vishwakarma · 7 Jul 2026

Prime Minister Narendra Modi has announced that the Indian Institute of Management Bangalore (IIM Bangalore) will establish its first-ever international campus in Indonesia. The proposed campus will be located at the Singhasari Special Economic Zone in Malang and is intended to serve learners from Indonesia and neighbouring Southeast Asian countries. “We are going to establish a campus of India's

ISN Team · 7 Jul 2026

Hexaware Technologies has been named an Anthropic authorised reseller for Amazon Bedrock, allowing the IT services company to sell, integrate and support Claude AI models for enterprise customers worldwide. The agreement gives Hexaware’s clients direct access to Claude models, along with implementation, customisation and managed services. The designation places Hexaware among a select group of com

ISN Team · 30 Jun 2026

Social Worth Technologies Ltd, the parent of digital lending platform Fibe, has filed draft papers with the SEBI for an IPO comprising a fresh issue of shares worth up to Rs 750 crore and an offer for sale of up to 40,071,200 equity shares by existing shareholders. The offer for sale will see participation from investors including The Rise Fund III SF, Norwest Capital, Eight Roads Ventures India

Sumit Vishwakarma · 30 Jun 2026

India’s UPI has gone live in Greece, allowing eligible customers to send money to India instantly, securely and at lower costs than conventional transfer channels. The service is being offered through a partnership between Eurobank and NPCI International Payments Ltd, the overseas arm of the National Payments Corporation of India. Eurobank said the service enables cross-border remittances from

ISN Team · 30 Jun 2026

India’s second semiconductor mission has moved a step closer to Cabinet consideration after a Finance Ministry panel cleared a proposed outlay of Rs 1.25 lakh crore, according to a CNBCTV-18 report. The Expenditure Finance Committee is understood to have approved the proposal last week. It will now have to be considered by the Union Cabinet before the expanded scheme can be formally cleared. The n

ISN Team · 30 Jun 2026

Bengaluru-based credit management platform CheQ has elevated Bipin Toro and Vished Banger as co-founders, recognising their role in building and scaling the company since 2022. The announcement comes as CheQ closes FY26 with full-year profitability and annual recurring revenue of more than $40 million. Toro, who has led engineering at CheQ, has been named Co-founder and Chief Technology Officer. H

Sumit Vishwakarma · 30 Jun 2026

Private equity firm Ananta Capital has acquired a majority stake in Phitku, an Indian personal care brand focused on body odour management. The companies did not disclose the financial terms of the acquisition. The deal was structured through a combination of primary capital infusion and secondary share purchase, giving Phitku fresh growth capital while allowing partial liquidity for its founders.

Sumit Vishwakarma · 1 Jul 2026

Netradyne, an AI-powered fleet safety and performance technology company with a presence in Bengaluru, has announced a strategic partnership with Geosecure, an Australian fleet technology specialist headquartered on the Sunshine Coast. The partnership will bring Netradyne's AI-driven driver monitoring platform to Australian fleets through Geosecure's existing client network and local market expert

Sumit Vishwakarma · 1 Jul 2026

C.E. Info Systems, the company behind MapmyIndia, has appointed Rohan Verma as joint managing director for a five-year term from 1 July 2026, subject to shareholder approval. The Indian digital mapping and location technology company said Verma will focus on advancing its AI-led products and platforms across geospatial technology, the Internet of Things and other deep-tech areas. Rakesh Verma, cha

Sumit Vishwakarma · 1 Jul 2026