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Hyderabad Angel Fund (haf.vc) on Thursday announced a Rs 100 crore venture capital initiative to back high-potential startups across the country in areas such as generative AI, gaming, spacetech, and drones. The fund plans to invest in 15-20 startups across emerging and high-growth sectors. On its radar are areas such as generative AI, gaming, SpaceTech, drones, HealthTech, consumer tech, FinTech, enterprise SaaS, and sustainability. "As India's early-stage investment landscape begins to rebound after a cautious 2024, Hyderabad Angel Fund (haf.vc) has announced a Rs 100 crore venture capital initiative to back high-potential startups across the country," the release said. The investments would typically range from Rs 2-4 crore per company, with reserves for follow-on rounds to support scaling ventures. "Haf.vc has already identified 3 potential startups with termsheet and completed investment in one," the Sebi-registered Venture Capital Fund said. Kalyan Sivalenka, Managing Direc
Space start-up Agnikul Cosmos announced on Monday that the rockets it plans to build will be fully reusable, allowing it to offer satellite-launch services at globally-competitive prices. The Chennai-based start-up made the announcement at the International Astronautical Congress in Sydney and asserted that it is aiming to ensure that no part of its rockets is fully expended or left behind. Agnikul carried out its maiden sub-orbital test flight of its 3D-printed rocket, Agnibaan SOrTeD, last year and plans to carry out its orbital launch soon. "We have consistently designed our vehicles to ensure that affordability and flexibility are never afterthoughts but are built in from day one," Srinath Ravichandran, co-founder and CEO of Agnikul Cosmos, said. "We are grateful to the critical support from IN-SPACe and ISRO. Their willingness to allow us to explore rocket-stage recovery and reuse has empowered us to attempt this feat both from a policy friendliness and tech support standpoint
Consumer technology firm Nothing on Tuesday said it has raised USD 200 million (about Rs 1,762 crore) in a Series C funding round, valuing the company at USD 1.3 billion, to accelerate its efforts to build an AI-native platform where hardware and software converge. The funding round was led by Tiger Global, with support from existing shareholders, including GV, Highland Europe, and EQT. New strategic backing came from Nikhil Kamath and Qualcomm Ventures, the company said in a statement. The fresh capital will be used to accelerate the company's innovation roadmap and further scale its distribution network. The London-headquartered four-year-old company reported that it crossed USD 1 billion in total sales at the beginning of 2025. It also announced plans to launch its first AI-native devices next year. In the near-term, we believe that the smartphone will remain the only device shipping at a billion-unit scale each year. But soon, we'll all be carrying an additional device that wil
Interior design startup Flipspaces has raised USD 50 million (about Rs 439 crore) from investors to expand business in India and overseas. In a statement on Monday, the company has raised USD 50 million in its expanded Series C funding round with fresh participation from UAE-headquartered CE-Invests, Singapore-based Panthera Growth Partners, and Japan's SMBC Asia Rising Fund. "The capital will be deployed to scale the business in India, the US and the UAE, deepen supply chain integration and enhance the company's proprietary technology stack with AI-led interventions. Strategic acquisitions in adjacent categories are also on the roadmap," it added. The round also facilitated the successful exit of early-stage investor Carpe Diem. "The entry of new investors alongside the continued faith of current ones underscores Flipspaces' strong fundamentals and global growth potential. We are building not just a company, but a technology-first ecosystem that is reshaping the future of interior
E-commerce and technology startups are expected to lead fresher hiring in India in the second half of 2025, with 88 per cent of employers showing intent to recruit, a report said on Tuesday. The report titled 'Career Outlook Report (HY2 2025)' by TeamLease EdTech said that there is a strong job market for freshers, with retail (87 per cent) and manufacturing (82 per cent) following closely behind startups, which reflects broad demand for young talent across sectors. "The strong hiring intent in e-commerce & Technology startups reflects the dynamic growth in this sector, creating exciting opportunities for freshers. "As industries evolve with technology, freshers who blend technical expertise with adaptability and human skills will find themselves well-positioned. The rise in degree apprenticeship programmes further underscores the demand for practical, skill-based learning pathways," TeamLease EdTech founder and CEO Shantanu Rooj said. The Career Outlook Report (HY2 2025) by ...