Introduction On September 1, 2025, Elev8 Venture Partners, a Bengaluru-based venture capital firm, announced the successful closure of its inaugural fund at Rs 1,400 crore (approximately $160 million), a landmark achievement for India’s startup ecosystem. Guided by Navin Honagudi, an investor with over 15 years of expertise, Elev8 is committed to supporting high-growth, technology-driven startups …
India’s deep tech ecosystem is surging, with over 3,600 startups leveraging cutting-edge technologies like AI, quantum computing, and biotechnology to address global challenges. As of 2025, these ventures, often rooted in intellectual property (IP) creation, have raised $10 billion over the past five years, cementing India as the sixth-largest deep tech hub globally. Yet, despite …
Summary: Zomato has laid off approximately 600 employees, or 10% of its workforce, as part of its increased reliance on AI and automation to streamline operations. The move comes amid a slowdown in growth and rising competition in the quick commerce sector. The company’s net profit dropped 57% in Q3 2024 due to higher expenses …
Bengaluru’s Stable Money Raises $5 Million in Debut Equity Fundraise Bengaluru’s Stable Money Raises $5 Million in Debut Equity Fundraise, In a resounding validation of its potential, Bengaluru’s innovative wealthtech startup, Stable Money, has successfully secured a remarkable $5 million in its maiden equity fundraise. Leading the charge in this landmark funding are prominent venture …
Japanese Giant MIXI Unveils $50 Million Venture Capital Fund for Indian Startups Japanese Giant MIXI Unveils $50 Million Venture Capital Fund for Indian Startups,In a significant development for India’s burgeoning startup landscape, Japanese mobile entertainment behemoth MIXI has made a resounding entry. The company recently revealed its bold move with the launch of a substantial …