Startup Funding

Techno Paints to file DRHP for ₹500 crore IPO in FY27

The process is expected to be completed in the same financial year, CMD Akuri Srinivas Reddy said on Saturday, announcing the company has roped in cricket legend Sachin Tendulkar as brand ambassador for three years.

Startup Funding

Tamil Nadu launches deeptech startup policy; targets 100 startups, aims to mobilise Rs 100 crore

Tamil Nadu has launched a dedicated Deep Tech Startup Policy 2025–26, positioning it as the country’s first state-level framework designed specifically for science-led, IP-intensive ventures with long research cycles and high technical risk. The policy was unveiled by CM M K Stalin at the Umagine TN technology summit in Chennai. Anchored by the Information Technology and Digital Services Department and implemented through the Tamil Nadu Technology (iTNT) Hub, the policy seeks to bridge the long-standing lab-to-market gap faced by deep tech startups. It aims to back around 100 startups and mobilise Rs 100 crore in public and private investments over the next five years, while providing structured support from early-stage research to commercial scale-up and market adoption. “This deeptech startup policy lays the foundation for a future where innovation empowers every citizen and elevates our collective destiny,” Stalin said at the launch. IT minister Palanivel Thiaga Rajan added that ...

Startup Funding

Edutainment startup Emomee bags Rs 2 crore funding after sparking a bidding war on Shark Tank India Season 5

Emomee, a Mumbai-based children’s edutainment startup, has secured an investment of Rs 2 crore for a 4% equity stake on Shark Tank India Season 5 , valuing the company at Rs 50 crore. Founded by Varun Duggirala and Pooja Jauhari, Emomee is a micro-story universe for children that publishes short-form stories every day on YouTube. The content is designed to help children between the ages of 3 and 8 years learn real-life skills such as emotional regulation, communication, and problem-solving beyond conventional classroom education. The founders initially sought Rs 1 crore for 2% equity, but the pitch quickly escalated into a competitive bidding situation, with all five Sharks—Aman Gupta (boAt), Anupam Mittal (Shaadi.com), Namita Thapar (Emcure), Kunal Bahl (Snapdeal), and Mohit Yadav (Minimalist) expressing interest in partnering with the brand. During the episode, Aman Gupta revealed his long-standing professional association with Varun Duggirala, stating that Varun and his creative ...

Startup Funding

Masayoshi Son's Softbank sells 2.15% stake in Indian EV maker Ola Electric via open market

Japanese investment giant SoftBank Group has reduced its holding in Ola Electric Mobility Ltd by selling a small portion of its stake through open-market transactions. Despite the reduction, SoftBank continues to remain one of the company’s largest shareholders. According to regulatory disclosures filed with stock exchanges, SoftBank’s investment arm, SVF II Ostrich (DE) LLC, sold nearly 9.5 crore equity shares of Ola Electric between September 3, 2025, and January 5, 2026. The cumulative sale represents about 2.15% of the company’s equity and triggered mandatory disclosure after crossing the 2% threshold prescribed under takeover regulations. Before these transactions, SVF II Ostrich held 69.16 crore shares, representing a 15.68% stake in Ola Electric. After the sale, its holding declined to 59.7 crore shares, or a 13.53% stake. The regulatory filings did not state the reasons for the divestment. This was not the first time SoftBank reduced its exposure to Ola Electric. Between Jul...

Startup Funding

World’s First LLM Company Goes Public

Z.ai, which develops the GLM family of AI models, is now listed in Hong Kong Stock Exchange. The post World’s First LLM Company Goes Public appeared first on Analytics India Magazine .

Startup Funding

ITC Hotels secures ₹327-crore lease in Delhi's Dwarka for 5-star hotel project

ITC Hotels has secured leasehold land at Yashobhoomi, Dwarka, New Delhi from the India International Convention and Exhibition Centre Limited for a lease premium of ₹326.5 crore and a lease period of about 91 years, to develop and operate a premium 5-star hotel with banqueting and signature cuisine offerings, strengthening its presence in the Delhi NCR hospitality market.