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NVIDIA’s $2 billion investment in CoreWeave highlights a wider industry shift toward capital-backed AI infrastructure partnerships, as major tech firms secure long-term compute capacity.
SpotDraft, an AI-powered contract lifecycle management (CLM) platform, has raised $8 million from Qualcomm Ventures in an extended Series B funding round. The investment follows SpotDraft’s $56 million Series B raise in February 2025. Founded by Shashank Bijapur and Madhav Bhagat, SpotDraft combines intuitive workflows, business-friendly design, and AI-powered contract intelligence to help legal teams reduce turnaround times, scale operations, and demonstrate measurable business impact. The startup will use the raised capital to to deepen its product and AI capabilities and expand its enterprise presence across the Americas, EMEA, and India, and the relationship extends beyond capital. “This investment validates the architectural direction we've taken with SpotDraft,” said Shashank Bijapur, Co-founder and CEO, SpotDraft. “Legal teams handle some of the most sensitive business information, yet most AI tools still require sending that data to external cloud models. We've developed the...
The acquisition is expected to be completed within 30 days, as per a regulatory filing. Marico will also have the right to acquire the remaining stake in Zea Maize after three years from the execution date of the agreement.
D2C brands are creating a rage. The ones gaining popularity on social media platforms like Instagram and more are especially in focus. Cava, an athleisure brand for women and men, is in talks to raise Rs 35 crore from Marico’s family office – Sharrp Ventures – and others in a fresh funding round, sources privy to internal developments informed IndianStartupNews (ISN). This will be its largest and latest round after some infusion in January 2024. The company has previously raised around Rs 8-10 crore from Spring Marketing Capital and others. Cava and Sharrp Ventures chose not to reply to ISN’s queries. The brand, started by sisters at the age of 20 and 18 years, Ria and Shreya Mittal found comfort in daily workouts, and frustration in the lack of premium, functional athleisure in India. That gap became their spark. Backed by their family's 30+ years of garment expertise, they built Cava - a brand that blends comfort, confidence, and performance seamlessly with style and function, as ...
Beyond teaching, the collaboration will also focus on cutting-edge research, including the development of AI-led predictive models for the real estate industry.
PVR INOX has entered into definitive agreements for the transfer of the said equity shares to Marico Ltd, the Board said
The offering is structured entirely as an offer for sale, with no fresh capital being raised by the company. The IPO comprises up to 5.06 crore equity shares being sold by existing shareholders, according to the filing.
The acquisition value is more than twice AJPL's turnover of around Rs 33 crore in FY25.
Walmart, which currently owns about 72% of PhonePe, will offload about 46 million shares in the IPO.
Escape Plan is doubling down on mass-market affordability in travel gear, building a distribution-led platform and scaling physical retail across metros and Tier II cities as it looks to deepen access, widen price points, and consolidate the fragmented luggage category.
Shayona Engineering's IPO opens for subscription on Thursday. The company enters the SME primary market with a flat grey market premium. This suggests muted expectations for immediate listing gains. The IPO aims to raise Rs 14.86 crore through a fresh issue of shares. Investors will watch for execution capabilities and margin sustainability.
Hannah Joseph Hospital's Rs 42 crore IPO opens Thursday with a flat grey market premium, indicating cautious investor sentiment. The issue, priced between Rs 67 and Rs 70, aims to raise funds for expansion, including a radiation oncology center. The hospital, operating in Madurai since 2011, reported steady financial growth.
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