News Digest
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GreenCell Mobility raises $89M to expand its electric bus fleet
The mezzanine funding comes from International Finance Corporation, British International Investment, and Tata Capital.
Aerem secures $15M to scale distributed solar network across India
The company said the funding will be used to support the company’s efforts to expand its national footprint, strengthen EPC and installer enablement, and accelerate distributed solar adoption among MSMEs and households by enhancing affordability and execution reliability.
Davos WEF 2026: Adani Group sets out Rs 6 lakh cr investment blueprint for India
The Adani Group has unveiled a Rs 6 lakh crore investment plan across aviation, clean energy, and digital infrastructure, focusing on integrated, technology-led platforms. The blueprint, presented at Davos, spans Maharashtra, Assam, and Jharkhand, aiming to boost employment and align with India's growth priorities like energy transition and manufacturing self-reliance.
In WEF, Davos, Jharkhand government signs a MoU with Tata Steel of over ₹11,000 crore
As per the information shared by the Jharkhand Chief Minister’s Office, the partnership will bring advanced green steel technologies from the Netherlands and Germany to Jharkhand
L'Oreal to set up first global Tech Hub in Hyderabad with ₹3,500 crore investment
L’Oréal’s Global Tech Hub in Hyderabad, India, is the first Beauty Tech hub of its kind.
OnePlus to shut down? Report claims company is being ‘dismantled’, CEO breaks silence
OnePlus India CEO Robin Liu has refuted shutdown rumours after a viral report claimed that the brand was being dismantled. Liu said operations remain ‘as usual’ and urged stakeholders to trust official sources.
BCCI bags ₹270 crore AI sponsorship deal for IPL
BCCI secures a ₹270 crore sponsorship from Gemini for IPL 2026, highlighting AI platforms' rising interest. Tata Group holds IPL title rights, while ChatGPT sponsors the Women’s Premier League.
WEF 2026: Satellite firm ICEYE and robotics startup Skild AI outline growth plans and funding outlook
At Davos 2026, satellite firm ICEYE and robotics startup Skild AI said rising defence budgets and labour shortages are driving demand for their technologies. ICEYE has signed a €1.4 billion contract with Germany for a new satellite constellation, while Skild AI has raised over $1.4 billion to build software that acts as a “brain” for robots. Both founders said investor interest in deep tech has increased and India could play a role in future robotics manufacturing and supply chains.
Kitchenware Brand Cumin Co Raises $5 Mn To Scale R&D And Distribution
D2C kitchenware brand Cumin Co has bagged $5 Mn (around INR 41.5 Cr) in its pre-Series A funding round led…
Voice AI startup Bolna raises $6.3M led by General Catalyst
Bolna said the fresh funding will be used to expand engineering and deployment teams, develop proprietary AI and machine learning systems for vernacular voice interactions and strengthen enterprise-grade infrastructure.
Palantir inks HD Hyundai deal worth hundreds of millions, CEO bullish on Korea
The companies organised a signing ceremony at office space Palantir set up for the World Economic Forum’s annual meeting this week
Bolna nabs $6.3M from General Catalyst for its India-focused voice orchestration platform
Bolna said that 75% of its revenue is coming from self-serve customers.
Voice AI Startup Bolna Raises INR 57 Cr To Deepen Tech Stack
Bengaluru-based voice AI startup Bolna has raised $6.3 Mn (about INR 57.3 Cr) in a seed funding round led by…
Semiconductor Startup Sensesemi Raises INR 25 Cr To Build Edge AI Chips
Semiconductor startup Sensesemi has secured INR 25 Cr ($2.7 Mn) in a seed funding round led by deeptech-focussed VC firmPiper…
Voice AI startup Ringg AI raises $5.5M in Series A round led by Arkam Ventures
The company plans to use the capital to expand its engineering and go-to-market teams, develop new products, and scale its presence outside India.
Blackstone Said to Weigh $5 Billion-Plus Sale of Beacon Offshore
Blackstone Inc. is in the early stages of weighing a sale of Beacon Offshore Energy, a Gulf of Mexico driller it’s owned for about a decade that could fetch more than $5 billion, according to people familiar with the matter.
Arohan Financial Services plans to hit capital market during middle of 2026-27 with ₹1,500 crore IPO
The company has already appointed merchant bankers and hopes to file the draft red herring prospectus (DRHP) with SEBI in the next two months
Exclusive | ReNew revives US delisting plan; CEO Sumant Sinha flags challenges of staying listed
ReNew Energy Global may delist from NASDAQ as CPPIB and ADIA revive the take-private plan, aiming for an India listing; Masdar exited the consortium, impacting the earlier deal.
Muthoot Microfin approves ₹200 crore secured NCD issuance, cancels ₹150 crore second tranche
Muthoot Microfin approved the issuance of secured, rated, listed, redeemable NCDs aggregating up to ₹200 crore on a private placement basis, with multiple series offering tenures of 24 to 36 months and coupons ranging from 9.70% to 9.95% per annum, payable monthly, and proposed to be listed on BSE.
Indian AI startup Emergent raises $70 million from Khosla Ventures and SoftBank Vision Fund
Emergent, the fast-growing AI software creation platform that helps anyone build full-stack, production-ready web and mobile applications, announced it has raised $70 million in a Series B funding round from Khosla Ventures and SoftBank Vision Fund 2. The round also saw participation from Prosus, Lightspeed, Together, and Y Combinator. In total, Emergent has now raised $100 million within seven months of launch. The startup will use the latest funds to fuel continued team expansion, accelerate product development, and enter into new markets, as demand for AI-powered software creation surges among entrepreneurs and small businesses globally. It claims to have scaled to $50 million in annual recurring revenue (ARR) in just seven months and is on track to surpass $100 million ARR by April 2026. Prior to the latest round, Emergent raised strategic investment from Google's AI Futures Fund in December last year. “Software creation is undergoing a structural shift,” said Mukund Jha, co-fou...
Eat App wants a bite of India’s restaurant reservation business with an acquisition and Swiggy partnership
Eat App is making India its central focus to market its reservation and dine-in growth suite.
Sony’s TV spin-off: Can TCL sustain a venerable Bravia legacy?
Sony and TCL hope to leverage technology and manufacturing strengths, as a collective front amidst the competitive home entertainment device market.
RMZ, Andhra Pradesh Govt ink strategic pact to enable up to $10 billion in investments
RMZ commits $10 billion to Andhra Pradesh for mixed-use, digital, industrial, and logistics infrastructure over five to six years. Plans include a 10 million sq ft IT park and a 1 GW data centre in Visakhapatnam, plus a 1,000-acre industrial park in Rayalaseema, aiming to boost employment and technology-led growth.
Lodha Developers to invest additional ₹1 lakh crore in data centre park in Maharashtra
With the total investment of ₹1.3 lakh crore in an approximately 2.5 gigawatt data centre park, it is slated to be the largest in the country, the company said