CM Vishnu Deo Sai meets investors, exchanges Letter of Intent
KKR and PSP Investments have injected fresh capital into Lighthouse Learning to help the education group expand its school network, boost teaching and tech capabilities, improve operations
Angel One CMD Dinesh Thakkar outlines how the company reached the No 3 spot in active clients, the structural changes shaping India's broking landscape, and why he foresees another wave of growth
Flexible packaging and solutions maker UFlex Ltd will invest over Rs 700 crore to expand its packaging film manufacturing line in Dharwad, Karnataka, according to a senior company official. The company will add 54,000 MTPA of new capacity at the plant, bringing its global packaging film capacity to 690,160 MTPA, up from 636,160 MTPA. "We plan to invest over Rs 700 crore to expand our packaging film manufacturing line in Dharwad, Karnataka. This project will add 54,000 MTPA of new capacity, significantly strengthening our portfolio and enhancing our ability to serve customers with scalable, high-quality packaging solutions," UFlex Ltd Group president and CFO, Rajesh Bhatia, told PTI in an e-mailed interview. The expansion in Dharwad follows the recently completed aseptic packaging capacity augmentation at Sanand, in Gujarat, where capacity was increased from 7 billion to 12 billion packs per year, he added. "In addition, three major strategic projects, including a 12-billion-pack ..
Plan to bring in new freight trains through private funding
AI research startup Redrob on Friday said it has raised USD 10 million (Rs 88.7 crore) in a Series A financing round led by Korea Investment Partners. This brings Redrob's total funds raised to date to USD 14 million, following its earlier seed round of USD 4 million in 2023. The funding round also saw participation from KB Investment, Kiwoom Investment, Korea Development Bank Capital, Daekyo Investment, and DS & Partners, according to a company statement. With the fresh capital, Redrob plans to advance its technology by refining its machine learning architecture to achieve a targeted 50-fold reduction in costs. The company also aims to develop language models tailored for India, covering all 22 officially recognised constitutional languages, and deliver a comprehensive AI suite designed to support learning, career advancement, and workplace productivity. "The company is preparing to launch several major initiatives, including the rollout of free Redrob LLM access for all Indian .
The deal follows Pulse's acquisition of Nucleus and supports new AI-driven credit products aimed at faster, smarter lending
MeitY's Abhishek Singh cautions that rapid advances in machine intelligence threaten India's long-held IT edge
PM EAC Chair Mahendra Dev said India must lift investment to 34-35% and raise savings to sustain 7%+ growth, stressing private investment, labour-intensive manufacturing and stronger exports
Social gaming platform Stan has added Sony Innovation Fund to its Series A round, taking total fundraising to $10.5 million as it ramps up AI-led personalisation, creator tools and global expansion
Describing the US-India spat as a 'temporary setback', Naidu said a deal between Trump and Prime Minister Narendra Modi should come very soon
Chief minister Nara Chandrababu Naidu said that his vision is to lead the economy towards $2.4 trillion by 2047
Realty developer Anant Raj has signed an MoU with the Andhra Pradesh government to invest Rs 4,500 crore in a data and cloud services centre, a move expected to create nearly 16,000 jobs
Andhra Pradesh Chief Minister N Chandrababu Naidu said companies of 50 countries are going to function from Sri City, providing employment opportunities to 150,000 youth
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
Global tensions, weakening dollar, and surging central bank demand are fuelling gold’s rise. Emkay analysts now predict prices could soar to $4,600 per ounce.
Thinking of investing? RBI's Sachet lets you verify scheme before you trust
Tata Power will set up 4 GW of new renewable capacity by FY27, explore 10 GW ingot and wafer manufacturing, and develop a 1,125 MW hydro project in Bhutan
IFC's $60-million investment in Everstone Capital's Fund V will target high-growth sectors such as healthcare, technology, consumer goods, and financial services across India and Southeast Asia
Global investment firm Think Investments has invested a little over Rs 136 crore in edtech unicorn PhysicsWallah as part of a pre-IPO funding round. The fresh infusion comes as the company gears up for its upcoming initial public offering (IPO) next week. As part of the transaction, Think Investments picked up 1.07 crore equity shares, amounting to 0.37 per cent stake in PhysicsWallah from 14 employees of the edtech firm. The shares were bought at Rs 127 per piece, which is 17 per cent above the issue price. This translates into a transaction size of Rs 136.17 crore. "Pursuant to share purchase agreement dated November 3 read with the amendment letter dated November 3, 2025 entered into, 14 employees of the company have transferred an aggregate of 10,722,708 equity shares... to Think India Opportunities Master Fund LP on November 4, for an aggregate consideration of Rs 136.17 crore," PhysicsWallah said in a public announcement. Think Investments is a USD 4 billion global investme