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This funding, comprising a mix of primary and secondary capital, will be utilised towards strengthening the leadership and engineering teams, accelerating new product development, and expanding market presence across India and select international markets.
OpenAI last week said it would start showing ads in ChatGPT to some U.S. users, ramping up efforts to generate revenue from the AI chatbot
Shadowfax Technologies' Rs 1,907-crore IPO opens Tuesday, aiming to tap into India's e-commerce growth. The logistics firm, valued at Rs 7,169 crore pre-IPO, offers a fresh issue and an offer for sale. Despite strong revenue growth, brokerages express caution due to rich valuations and thin profitability.
The issue will be entirely an Offer-for-Sale (OFS) of 3.61 crore equity shares, with no fresh issue component. UPL will offer 2.8 crore shares for sale in the issue.
Healthtech startup 2care.ai combines WhatsApp and AI to simplify cancer care, organising health data, tracking treatment, and supporting patients between appointments.
Whizzo was founded in 2024 by Shrestha Kukreja, a former Zetwerk executive who now serves as chief executive. The startup had earlier raised $4.2 million in seed funding in January 2025.
Whizzo will use the capital to expand its science and engineering teams, invest in fundamental research, and deepen its manufacturing partnerships as it scales its technical textiles platform globally.
The company, in a statement, said the funds were raised through a 20-year, long-tenor bond issuance, anchored by the National Bank for Financing Infrastructure and Development
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