Entrepreneur News Network

Ola Electric Secures BIS Certification for Domestically Developed 46100 LFP Battery Cell

Ola Electric CEO Bhavish Aggarwal

The certification was granted under IS 16046 (Part 2):2018 / IEC 62133-2:2017, according to an announcement made by the company on June 23, 2026. Ola Electric stated that this is the first BIS certification awarded to an Indian company for an indigenously developed battery cell in the 46100 format, highlighting the company’s growing capabilities in … Read more

Sherlocks AI Raises ₹7.5 Crore Pre-Seed Funding Led by SenseAI Ventures to Expand AI-Powered Incident Management Platform

Sherlocks AI

The fresh capital will be used to strengthen the company’s product capabilities and accelerate its sales and market expansion efforts in North America, where demand for AI-driven Site Reliability Engineering (SRE) and IT Operations (ITOps) solutions is growing rapidly. Funding to Support Product Innovation and Global Expansion As enterprises increasingly rely on cloud-native infrastructure and … Read more

Autodesk Commits $350 Million to Prepare Workforce for AI-Powered Design and Manufacturing Careers

Autodesk

As the Class of 2026 enters one of the most challenging job markets for new graduates in recent years, new research from Autodesk suggests that artificial intelligence is creating fresh opportunities in industries focused on designing and building the physical world. In response, Autodesk has announced a $350 million commitment over the next three years … Read more

Avendus Group Appoints Karan Sharma as Head of Investment Banking Amid Strategic Growth Phase

Avendus Group

Avendus Group has announced the appointment of Karan Sharma as Head of Investment Banking, marking a key leadership transition as the financial services firm enters its next phase of growth and expansion. Sharma succeeds Gaurav Deepak, Co-founder and CEO of Avendus Group, who has led the investment banking division for several years while overseeing the … Read more

Sona Comstar Invests ₹62.6 Crore in Robotics Manufacturing to Expand Beyond Automotive Sector

Sona Comstar

Sona BLW Precision Forgings Limited (Sona Comstar) has approved a capital expenditure of ₹62.6 crore to establish a new business focused on manufacturing advanced robotics components and systems. The move marks a significant step in the company’s diversification strategy as it expands beyond its core automotive business into the rapidly growing robotics and automation sector. … Read more

91trucks Restructures Business, Reduces Workforce and Shuts Stores Amid Commercial Vehicle Market Slowdown

Cofounders of 91 Trucks: (L-R) Vikas Sharma, Abhishek Gautam and Siddharth Sharma.

As per media reports, commercial vehicle marketplace startup 91trucks has undertaken a significant restructuring exercise, reducing its workforce and scaling back its offline retail operations as it adjusts to changing market conditions in India’s commercial vehicle sector. The company confirmed that it has implemented organizational changes and is sharpening its focus on key growth markets, … Read more

Acorn Acquires B Online Learning to Strengthen Skills Development and Workforce Readiness Solutions

Acorn

Employee skills development platform Acorn has announced the acquisition of B Online Learning, a leading Australia and New Zealand-based provider of eLearning design, development, and training solutions. The strategic acquisition is expected to enhance Acorn’s ability to help organizations measure workforce capabilities, close skills gaps, and improve employee readiness in an increasingly competitive business environment. … Read more

Indian Startup Funding Weekly Roundup: 23 Startups Raise Nearly $432 Million as Sarvam Joins the Unicorn Club

Founder Stories

India’s startup ecosystem posted a strong week of fundraising activity, with 23 startups collectively raising close to $432 million across 21 publicly disclosed deals. The week’s funding mix included 7 growth-stage rounds and 14 early-stage rounds, while two startups chose not to reveal their deal terms. Beyond the capital raised, the week was also marked … Read more

Top 10 Asian Startup Funding Rounds This Week

Asian Startup Funding

Startups across Asia continue to attract strong backing from venture capital firms, growth-stage investors, and angel investors as they raise fresh capital to expand operations, enter new markets, and accelerate product development. From cybersecurity and fintech to healthtech, clean energy, and artificial intelligence, this week’s funding activity reflects the breadth and resilience of the region’s … Read more

Recykal Raises ₹166 Crore in Series D Funding Round Led by Pidilite Vice Chairman Ajay Parekh

Reckyal

India’s climate-tech and circular economy sector continues to attract investor interest as Recykal, a leading digital waste management platform, has raised ₹166 crore (approximately $18 million) in a Series D funding round led by Ajay Parekh, Vice Chairman of Pidilite Industries. The funding round also saw participation from existing investors, including 360 ONE, Strat Venture … Read more

Info-Tech LIVE 2026 Highlights: Thousands of Global IT Leaders Gather in Las Vegas to Explore the Future of Agentic AI, Cybersecurity, Governance, and Digital Transformation

Info-Tech LIVE 2026

Info-Tech Research Group has concluded its flagship Info-Tech LIVE 2026 conference in Las Vegas, bringing together thousands of CIOs, CISOs, CTOs, and senior technology executives to discuss one of the most pressing questions facing enterprises today: how to transform artificial intelligence investments into measurable business value. Held at the Bellagio from June 9–11, the conference … Read more

Actis Sells ₹151.6 Crore Worth of Pine Labs Shares as Fintech Firm Reports Strong Profit Growth

Pine Labs CEO Amrish Rau

London-based investment firm Actis has sold shares worth approximately ₹151.6 crore in Indian fintech company Pine Labs through a market transaction, continuing the trend of stake sales by early investors following the expiration of the company’s post-IPO lock-in period. According to exchange data, Actis Pine Labs Investment Holdings offloaded 9.83 million shares at a price … Read more

Karo Sambhav Raises ₹56 Crore from Rainmatter to Scale Critical Mineral Recovery and E-Waste Recycling Infrastructure

Karo Sambhav

Karo Sambhav, a Gurugram-based circular economy and recycling company, has raised ₹56 crore in a pre-Series A funding round led by Rainmatter by Zerodha. The fresh capital will be used to expand recycling infrastructure focused on recovering critical, precious, and high-value materials from electronic waste and other end-of-life products. The investment marks a significant milestone … Read more

Meta Reportedly Explores Investment in Fintech Unicorn CRED at $4 Billion Valuation

Meta

US technology giant Meta is reportedly in discussions to invest in Indian fintech company CRED, a move that could significantly strengthen its position in India’s rapidly expanding digital payments and financial services ecosystem. According to reports, the discussions involve a potential transaction that could value Bengaluru-based CRED at approximately $4 billion (over ₹37,000 crore). While … Read more

Crizac Acquires 37.41% Stake in ForeignAdmits to Strengthen Study Abroad Ecosystem

Crizac

Student mobility platform Crizac has invested approximately ₹1.25 crore in education technology company ForeignAdmits, acquiring a 37.41% stake in the company’s fully diluted share capital. The transaction has been structured through Compulsorily Convertible Debentures (CCDs) and Compulsorily Convertible Preference Shares (CCPS). The strategic investment is expected to strengthen Crizac’s capabilities across critical stages of the … Read more

India’s Green Packaging Revolution: The Startup That Crossed ₹2 Crore with Plastic-Free Solutions

Founder Stories

Every day, millions of Indians order food, groceries, and products delivered in paper cups, takeaway boxes, and cardboard packaging. Most consumers assume these products are environmentally friendly simply because they are made of paper. The reality is often very different. Many paper cups and food containers contain hidden plastic linings, chemical coatings, and synthetic adhesives … Read more

MaiAgent Showcases Enterprise AI Agent Platform at VivaTech 2026, Targets Global Expansion

MaiAgent

Taiwan-based enterprise AI platform MaiAgent is showcasing its AI agent technology at VivaTech 2026 in Paris, positioning itself as a solution for organizations seeking to move beyond artificial intelligence pilot projects and deploy production-ready AI systems at scale. The company announced that its platform is helping enterprises accelerate AI transformation by eliminating the need to … Read more

monday.com Appoints Chris Jordan to Lead Southeast Asia Expansion, Establishes Singapore as Second APAC Headquarters

Chris Jordan

Work management and productivity platform monday.com has announced the appointment of Chris Jordan as Regional Vice President for Southeast Asia and Country Manager for Singapore, while also naming Singapore as its second Asia-Pacific headquarters alongside Sydney. The strategic move underscores the company’s commitment to accelerating growth across Southeast Asia and strengthening its position in one … Read more

Tringbox Raises ₹5 Crore Seed Funding to Expand AI-Powered In-Store Music Intelligence Platform

Mumbai-based music technology startup Tringbox has secured ₹5 crore in seed funding to accelerate the growth of its AI-powered in-store music intelligence platform designed for commercial venues. The funding round was led by Nikhil Gandhi through GIPL, with participation from MGB Family Office, Paytm Chief Business Officer Narendra Singh Yadav, and several angel investors through … Read more