News 

Bengaluru and Detroit-based physical AI startup Mowito has raised $3 million in a pre-seed funding round led by Version One Ventures. All In Capital, Unisol and iSeed also participated in the round, along with angel investors including Soumith Chintala, Adarsh Kulkarni, Ashish Kulkarni and Vaibhav Domkundwar. The startup plans to use the raised capital to expand in the United States, strengthen it

ISN Team · 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

Chennai-based toxin-free cookware brand The Indus Valley has raised $17 million in a funding round led by Gaja Capital. Existing investors DSG Consumer Partners, Rukam Capital and The Chennai Angels also participated in the round, which was largely made up of fresh capital. Some early investors also sold part of their holdings. The startup plans to use the raised capital to launch new product cate

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

Healthtech startup Mykare.ai has secured $1 million in fresh funding from new investors, taking its total capital raised to $3.2 million. The investment came from Andrew Parker and Alfredo Vaamonde, co-founders of US-based healthtech company Papa.com, and a Middle Eastern family office. The startup said the capital will be used to strengthen its AI capabilities, accelerate product development and

Sumit Vishwakarma · 1 Jul 2026

Data Science Wizards (DSW), the company behind UnifyAI OS, the Enterprise AI Operating System, today announced that it has raised $5 million in pre-Series A funding. According to the company's statemet, the investment will accelerate the growth of UnifyAI OS, strengthen the company's presence across North America, and support enterprises as they transition from AI experimentation to AI-native oper

Vivek Vishwakarma · 1 Jul 2026

Finkurve Financial Services Limited, a homegrown tech-first gold loan NBFC, has raised Rs 50 crore through a Non-Convertible Debenture (NCD) issuance from Franklin Templeton to support its next phase of growth and business expansion. The funding is being executed in two tranches, with the first tranche of Rs 24 crore completed, while the second tranche will be completed in due course. The firm sai

ISN Team · 1 Jul 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