Entrepreneur News Network

Ather Energy Approves ₹1,200 Crore Fundraise; Hero MotoCorp to Increase Stake

Ather Energy

Bengaluru: Electric two-wheeler manufacturer Ather Energy has approved a ₹1,200 crore preferential fundraise, bringing together strategic investments from Hero MotoCorp, the National Investment and Infrastructure Fund (NIIF), and the company’s founders. The capital infusion is expected to support Ather’s expansion plans, strengthen its manufacturing capabilities, and accelerate product innovation. The company’s board has approved the … Read more

The Home That Couldn’t Hold: Why Medial, India’s “LinkedIn for Startups,” Just Shut Its Doors

Medial Founder

A Bengaluru platform that once claimed half a million users across 30 countries — and a Shark Tank India feature to its name — has gone dark, raising fresh questions about how sustainable niche professional networks really are. Medial founder and CEO Niket Raj Dwivedi confirmed in a LinkedIn post that read part farewell, part … Read more

Honasa Consumer Names Shivang Jain as CEO of BTM Ventures to Accelerate Reginald Men’s Expansion

Shivang Jain

New Delhi: Beauty and personal care company Honasa Consumer Limited, the parent company of Mamaearth, has appointed Shivang Jain as the Chief Executive Officer of BTM Ventures, the company behind men’s personal care brand Reginald Men. The leadership appointment follows Honasa Consumer’s acquisition of a majority stake in BTM Ventures in December 2025 and reflects … Read more

BikeWo Green Tech Partners with KlikAir to Explore AI-Enabled Air Cargo and Aviation Logistics Network

BikeWo

New Delhi: Mobility and logistics company BikeWo Green Tech Limited has entered into a Memorandum of Understanding (MoU) with Kwik Flite Support, which operates under the KlikAir brand, to jointly evaluate the development of an integrated air cargo and aviation logistics platform in India. The strategic partnership marks another step in BikeWo Green Tech’s broader … Read more

Consumer Rewards Startup Onpoint Raises $600,000 in Pre-Seed Funding to Expand Loyalty Platform in India

Onpoint Founders

New Delhi: Consumer rewards startup Onpoint has raised US$600,000 in a pre-seed funding round to strengthen its technology platform, expand merchant partnerships, and accelerate user acquisition across India. The funding round was co-led by First Cheque, an investment initiative backed by the IndiaQuotient group, and Whiteboard Capital. The round also attracted participation from several angel … Read more

ChatGPT Down Today: OpenAI Investigates Image Generation Outage Affecting Users Worldwide

Chatgpt

Dubai: Thousands of users across multiple regions experienced service disruptions on ChatGPT on Tuesday after OpenAI confirmed an outage affecting several of its AI-powered services. The issue primarily impacted image generation, while some users also reported problems accessing older conversations, Custom GPTs, Codex, and workspace-related features. The disruption triggered a spike in user complaints on … Read more

ekincare Acquires AI-Powered Health Insurance Claims Platform Superclaims to Strengthen Digital Healthcare Ecosystem

ekincare

New Delhi: Digital health platform ekincare has acquired Superclaims, an AI-powered health insurance claims automation platform, in a strategic move to strengthen its healthcare technology ecosystem and expand its presence in the insurance and health benefits sector. The acquisition is expected to enhance ekincare’s capabilities in health insurance claims processing while creating a more connected … Read more

The Indus Valley Raises $17 Million in Series B Funding to Expand Toxin-Free Cookware Business

The Indus Valley

New Delhi: Indian kitchenware brand The Indus Valley has secured US$17 million in a Series B funding round led by Gaja Capital, as the company looks to strengthen its position in the fast-growing healthy cookware market. Existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels also participated in the investment round. The fresh … Read more

Edtech platform YoLearn ai raises pre-seed round

YoLearn

New Delhi: AI-powered education startup YoLearn.ai has raised $500,000 in a pre-seed funding round at a valuation of $5 million. The investment was co-led by DataAlpha.ai and White Swan Global, with participation from a group of angel investors. The fresh capital will be used to strengthen the company’s voice-first AI tutoring platform, enhance product capabilities … Read more

Magnachip Appoints Chae Lee as CEO to Drive Next Phase of Growth in Power Semiconductor Business

Magnachip

New Delhi: Magnachip Semiconductor Corporation has appointed Chae Lee as its new Chief Executive Officer (CEO), effective July 1, 2026, as the company strengthens its leadership team to accelerate growth across high-value semiconductor markets. Lee is also expected to join the company’s Board of Directors, while Camillo Martino, who has served as Interim CEO since … Read more

Pristine Logistics Files Confidential DRHP with SEBI for IPO, Strengthens Expansion in India’s Rail Logistics Sector

Pristine

New Delhi: Pristine Logistics & Infraprojects Limited has taken a significant step toward entering the public markets by confidentially filing its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) under the regulator’s pre-filing route. The confidential filing marks the beginning of the company’s proposed Initial Public Offering (IPO), allowing … Read more

Can India’s $60 Billion Home Services Playbook Work in Southeast Asia? Inside the Numbers

Can India's $60 Billion Home Services Playbook Work in Southeast Asia

In India, booking a plumber, a massage therapist, or a deep-cleaning crew through an app has become routine enough that the market built around it is now worth roughly $60 billion, with three well-funded startups burning real money to fight over the fastest-growing slice of it. In most of Southeast Asia, the equivalent transaction still … Read more

Indian Startup Funding Weekly Report:Startups Raise $1.11 Billion, AI, fintech and proptech dominate funding activity

Indian Startup Funding this week

India’s startup ecosystem witnessed one of its strongest funding weeks of 2026, with 20 startups raising nearly $1.11 billion across 19 disclosed funding rounds between 21 June and 27 June 2026. The week was marked by a major investment from Meta into CRED, the emergence of a new unicorn, several high-profile executive appointments, acquisitions, and … Read more

Top 10 Asian Startup Funding Rounds This Week: AI, Fintech and HealthTech Lead Investments

Asian Startups Funding Roundup

Asian startups continued to attract strong investor interest this week, with venture capital firms and angel investors backing companies across artificial intelligence, fintech, cybersecurity, blockchain, healthcare, deeptech, and IoT. Between 21 June and 26 June 2026, startups across Singapore, India, the UAE, Australia, and other Asian markets announced fresh funding rounds aimed at accelerating product … Read more

AI Coding Costs Could Overtake Developer Salaries by 2028—Here’s Why It Matters

AI Coding Cost

There’s an uncomfortable conversation happening in the war rooms of enterprise IT right now, and it goes something like this: we invested in AI to reduce costs, so why is the invoice getting larger? A new Gartner prediction, published June 2026, puts a hard date on what many engineering leaders already quietly suspect. By 2028, … Read more

UK Startup is Making Electricity From Bacteria in the Soil

Courtesy of Bactery

A University of Bath spinout says ordinary dirt — and the trillions of bacteria living in it — could become a quiet, round-the-clock power source for homes and farms alike. There is a strange kind of alchemy happening under a patch of grass in Somerset. No sunlight, no wind, no moving parts — just soil, … Read more

SaffronStays Raises $3.5 Million to Expand Premium Holiday Home Network Across India

SaffronStays

s. The funding round included fresh primary capital along with a partial secondary sale by existing investor Sixth Sense Ventures. The latest investment will support the company’s expansion plans as it strengthens its presence in India’s growing premium vacation rental and experiential hospitality market. Funding to Accelerate Expansion and Technology Investments SaffronStays plans to utilize … Read more

Ikin Global Raises $2 Million Pre-Series A2 Funding to Expand IoT Smart Lock Business Across Global Markets

Ikin Global Founder

Mumbai, India: IoT-enabled smart lock startup Ikin Global has secured $2 million in a Pre-Series A2 funding round, strengthening its plans to expand internationally and accelerate innovation in logistics security technology. The funding round was led by Unicorn India Ventures, with participation from Callapina Capital and AWE Funds. The fresh capital will support the company’s … Read more

BharatTender Raises ₹1.25 Crore Pre-Seed Funding to Build AI-Powered B2B Procurement Platform

BharatTender

B2B procurement technology startup BharatTender has secured ₹1.25 crore in a pre-seed funding round from an angel investor, providing fresh capital to accelerate product innovation, customer acquisition, and the development of AI-powered procurement solutions. The funding marks an important milestone for the young startup as it seeks to modernise and digitise procurement processes for businesses … Read more

LiLLBUD Raises ₹6 Crore Seed Funding to Expand Early Learning Products for Children Aged 0–3 Years

LiLLBUD

Early childhood learning startup LiLLBUD has secured ₹6 crore in a seed funding round led by Zeropearl VC, marking an important milestone in its mission to build a trusted child development platform for young children and parents across India. The funding round also attracted participation from prominent startup ecosystem leaders, including Abhishek Bansal, Founder and … Read more