Entrepreneur News Network

Madison Air Solutions Raises $2.23 Billion in Landmark IPO to Capitalize on AI Data Centre Boom

Data Center

New York: Madison Air Solutions (NYSE: MAIR) has raised $2.23 billion through its initial public offering (IPO), making it the largest U.S. industrial IPO since 1999. The offering values the company at $13.2 billion, underscoring growing investor confidence in businesses supporting the rapid expansion of artificial intelligence (AI) infrastructure. Rather than competing in the AI … Read more

Whale Raises $40 Million in Series C Extension, Total Series C Funding Reaches $100 Million

Singapore's Whale

Singapore: Enterprise artificial intelligence (AI) company Whale has secured $40 million in a Series C extension, taking its total Series C funding to $100 million. The fresh capital will support the company’s international expansion across North America, Europe, and the Middle East, while strengthening its AI-powered enterprise operations platform. The latest funding round underscores growing … Read more

Uttar Pradesh to Develop India’s Largest Robotics & AI Manufacturing Hub in Noida

Yogi Adityanath

Lucknow: The Uttar Pradesh Government is preparing a major push into artificial intelligence (AI), robotics, quantum computing, semiconductor design, and other frontier technologies with plans to establish India’s largest integrated robotics and advanced manufacturing hub in Noida. The ambitious initiative forms part of the state’s broader strategy to position Uttar Pradesh as a national leader … Read more

Union Cabinet Approves Semicon 2.0 with ₹1.27 Lakh Crore Outlay to Accelerate India’s Semiconductor Ecosystem

Semicon

New Delhi: In a major push towards making India a global semiconductor manufacturing and design hub, the Union Cabinet, chaired by Prime Minister Narendra Modi, has approved Semicon 2.0, the next phase of the India Semiconductor Programme under the India Semiconductor Mission (ISM). The initiative comes with a total budget outlay of ₹1,27,500 crore, aimed … Read more

Tech Mahindra Reports 28% Growth in Q1 FY27 Profit, Deal Wins Cross $1 Billion for Third Consecutive Quarter

Tech Mahindra

Pune: IT services company Tech Mahindra reported a strong financial performance for the first quarter of FY27, with consolidated net profit rising 28% year-on-year to ₹1,465 crore, supported by robust deal wins, expanding margins, and growing demand for AI-led digital transformation services. The company also posted 17.7% year-on-year growth in consolidated revenue, which increased to … Read more

Mandrake Bio Raises ₹16 Crore in Pre-Seed Funding to Advance AI-Powered Protein Design Platform

Mandrake Bio

Bengaluru: AI-driven biotechnology startup Mandrake Bio has secured approximately ₹16 crore in a pre-seed funding round co-led by Activate and Antler, marking a significant milestone in its mission to develop next-generation programmable gene-editing technologies. The funding round also attracted participation from Spectrum Impact and DeVC, along with notable angel investors including Vijay Chandru, Paras Chopra, … Read more

India’s AI Boom Has a Cooling Problem Nobody’s Solved Yet — And It’s Not About Chips or Capital

India's AI Boom

Bengaluru: India’s data centre industry is racing to build AI-ready infrastructure worth billions of dollars, but a critical engineering challenge is rapidly emerging behind the scenes—how to efficiently cool next-generation AI servers without placing unsustainable pressure on the country’s electricity and water resources. As hyperscalers, cloud providers and enterprises accelerate investments in GPU-powered infrastructure, cooling … Read more

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

Who’s Running the World’s Data Centers Now? Inside This Quarter’s Biggest Leadership Shake-Up

Data Center move

The data center industry is in the middle of an unprecedented hiring wave, and it’s not just engineers and technicians being snapped up. As AI workloads push power, cooling, and capacity demands to new extremes, operators, vendors, and advisory firms worldwide are racing to bring in executive talent who can navigate the complexity. This quarter … Read more

thumpN Raises $3.75 Million in Pre-Seed Funding Led by Arijit Singh, Badshah and Vijay Shekhar Sharma

thumpN

AI-powered live entertainment startup thumpN has secured more than $3.75 million in a pre-seed funding round, attracting investments from some of India’s biggest music and technology leaders. The funding round includes participation from Bollywood artists Arijit Singh, Sunidhi Chauhan, and Badshah, along with Paytm founder Vijay Shekhar Sharma, Madhur Deora, Shray Chandra, and VG Jairam. … Read more

Claude Reflect: How Anthropic’s New AI Usage Dashboard Wants You to Use Chatbots Mindfully

Claude

AI criticism is everywhere right now. Data center protests are making headlines, and public unease about how much of daily life now runs through chatbots keeps growing. Against that backdrop, Anthropic has picked an unusual moment to launch a feature that puts a mirror up to your own AI habits — and, in doing so, … Read more

UAE PropTech Startup Keyper Raises $11 Million to Expand Digital Rent Payment Platform

Keyper Founder

Dubai, UAE: PropTech startup Keyper has secured US$11 million in a Series A funding round led by Speedinvest, as the company accelerates its mission to modernise residential renting, property management, and real estate financing across the UAE. The funding round attracted strong participation from a mix of regional and global investors, including NeoVentures, Middle East … Read more

BAAS Technologies Raises ₹5 Crore to Build Indigenous Rocket Engines and Reusable Launch Vehicles

BAAS Technologies funding

Pune-based space technology startup BAAS Technologies has secured ₹5 crore (approximately US$580,000) in a pre-seed funding round led by Inflection Point Ventures (IPV). The investment round also saw participation from SINE IIT Bombay and a group of angel investors. The fresh capital will help the startup strengthen its rocket propulsion technology, expand engineering capabilities, and … Read more

UP’s ₹2 Lakh Crore Data Centre Bet: Inside the State’s New 2026 Policy — And What India Still Needs to Catch Up

UP Data Centre Bet

UP Cabinet Clears a New AI-Ready Data Centre Policy Uttar Pradesh just made its biggest digital infrastructure move yet. On Monday, the state Cabinet, chaired by Chief Minister Yogi Adityanath, approved the Uttar Pradesh Data Center Policy 2026, replacing the earlier 2021 policy that lapsed in January this year. The new policy sets two headline … Read more

Top 10 Asian Startup Funding Rounds This Week: Aligned Leads with $60 Million Series B

Top 10 Asian Startup Funding

Asia’s startup ecosystem continued to attract strong investor interest during the week of June 28 to July 3, with companies across artificial intelligence, aerospace, robotics, healthtech, enterprise software, fintech, and consumer brands securing fresh capital to accelerate growth. From AI-powered business platforms to aerospace innovations and sustainable consumer products, startups across the region raised funding … Read more

China Switches On the World’s First Commercial Underwater Data Center Off Shanghai’s Coast

Underwater Datacenter

Roughly ten kilometers from Shanghai’s shoreline, a data center now sits on the seabed — and it’s already processing data commercially, marking what appears to be a global first for offshore computing infrastructure. A Giant Structure, Hidden From View The facility weighs close to 2,000 tonnes and stands 32 meters tall, but almost none of … Read more

NVIDIA Launches Revenue-Sharing Model to Expand AI Cloud Infrastructure and Accelerate Enterprise AI Adoption

Nvidia

New Delhi: NVIDIA has introduced a new revenue-sharing and credit-support business model aimed at expanding access to large-scale AI computing infrastructure for startups, enterprises, AI model developers, research organizations, and regional cloud providers. The initiative reflects the rapidly evolving AI landscape, where demand is shifting from training large language models to running production-scale AI inference … Read more

ServiceNow Acquires Israeli AI Startup ai.work in Multi-Million Dollar Deal

Servicenow

Enterprise software company ServiceNow has acquired Israeli AI startup ai.work as part of its ongoing expansion in Israel and broader strategy to strengthen its artificial intelligence capabilities. While the companies have not officially disclosed the financial terms, the transaction is reportedly valued at tens of millions of dollars. The acquisition reinforces ServiceNow’s focus on building … Read more

Heatronics Raises ₹1.8 Crore Seed Funding Led by Inflection Point Ventures to Expand Preventive Pain Management Solutions

Hargun Singh Chawla, Heatronics

Noida: Preventive pain management and wellness startup Heatronics has raised ₹1.8 crore in a seed funding round led by Inflection Point Ventures (IPV). The investment will support the company’s efforts to expand its product reach, strengthen manufacturing capabilities, and accelerate growth in India’s rapidly evolving healthcare and wellness market. The funding round also attracted participation … Read more

Tulon Materials Raises ₹10 Crore Seed Funding to Advance Sustainable Specialty Chemicals and Circular Materials

Tulon Materials

Mumbai: Tulon Materials, a Mumbai-based engineering startup focused on developing sustainable specialty chemicals and advanced materials, has raised ₹10 crore in a seed funding round to accelerate product development and commercialisation across multiple industrial sectors. The funding round was led by investor Karthik Sundar Iyer, with participation from Karan Goshar and Prakhar Pandey, Partners at … Read more