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Epirus Secures $250 Million to Enhance Anti-Drone Defense Systems Defense technology startup Epirus has raised $250 million in a Series D funding round to scale up production of its anti-drone weapons. This funding surge aligns with increased demand

IIT-BHU Named National Nodal Centre for EV Battery Research Under MAHA-EV Mission IIT-BHU Varanasi has been selected as one of seven nodal centres under India’s MAHA-EV Mission, receiving a ₹55 Cr grant to establish Te-MobiX (Tropical e-Mobility Ex

Union Minister Ashwini Vaishnaw has laid the foundation stone for Amara Raja’s manufacturing units at the Electronics Manufacturing Cluster (EMC) in Divitipally, Mahabubnagar, Telangana. Amara Raja is investing ₹9,500 crore over five years to estab

Here’s a quick rundown of some notable startup news from April 7, 2025: --Juspay Becomes Unicorn: Indian fintech startup Juspay raised $60 million led by Kedaara Capital, achieving a $1.8 billion valuation, marking it as 2025’s first unicorn. --Eas

India has slashed import duties on fully built electric vehicles (EVs) to 15%, down from the previous 70-100%, in a bid to attract global manufacturers like Tesla. To qualify for the reduced tariff, companies must commit at least $500 million in inv

Top News of the Day: 1. Everstone to acquire Paras Chopra’s Wingify for $200 Mn 2. Elon Musk and Satya Nadella engaged in a lighthearted exchange over the $500 billion Stargate AI infrastructure project backed by the Trump administration. 3. Open

1. Delhi-based battery-swapping startup Battery Smart is set to raise around INR 376.3 crore (approximately $45 million) in a Series B funding round. 2. Matel, an e-mobility startup, raised $4 million in a Series A funding round. 3. InstaAstro, a s

Top News of the Day: 1. Hissa has launched Hissa Fund I, a $35 million SEBI-registered Category II Alternative Investment Fund, to provide liquidity for Indian ESOP markets. 2. Cornerstone Ventures, a venture capital firm focused on the SaaS secto

Top News of the Day: 1. Chennai-based climatetech startup Solinas Integrity has secured funding from Neev Fund 2. Indian construction materials platform, Infra.Market, has raised an additional $50 million from Mars Unicorn Fund. 3. Mumbai-based ba

Top news of the day: 1. The Indian government's $1.2 billion AI Mission offers subsidized access to GPUs for startups, potentially in exchange for a 2-4% equity stake. 2. Teamworks, a sports software company based in Durham, North Carolina, achieve