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

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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

Uber India President Prabhjeet Singh Steps Down After Nearly 11 Years; Reportedly Set to Join OpenAI India

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Prabhjeet Singh

Uber India and South Asia President Prabhjeet Singh has stepped down after nearly 11 years with the global ride-hailing company, marking the end of a leadership tenure that oversaw the company’s expansion across mobility, multimodal transportation, and digital public infrastructure initiatives in the region. The development was confirmed by an Uber spokesperson, who acknowledged Singh’s … Read more

Who is Shankh Mitra? Indian-origin CEO becomes the World’s Second-Highest-Paid CEO

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Shankh Mitra

Two engineering graduates from Indian universities now sit inside the world’s most exclusive — and most scrutinised — pay bracket. When the Wall Street Journal published its closely watched annual ranking of the highest-paid chief executives at S&P 500 companies, an Indian-origin name landed in second place globally, trailing only Tesla’s Elon Musk. The executive … Read more

MyRepublic and TP-Link Expand Strategic Partnership to Deliver Advanced Connectivity Solutions for Singapore SMEs

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MyRepublic

MyRepublic Broadband Pte Ltd and TP-Link Corporation Pte Ltd have signed a Memorandum of Understanding (MoU) to expand their strategic partnership, strengthening their commitment to providing advanced internet connectivity and enterprise networking solutions for small and medium-sized enterprises (SMEs) in Singapore. The agreement will enable both companies to collaborate on delivering next-generation networking infrastructure, helping … Read more

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

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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

Zave Raises ₹4.7 Crore to Scale AI Shopping Assistant, Strengthen Product and Platform Capabilities

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Zave

Bengaluru: AI-powered shopping assistant startup Zave has secured ₹4.7 crore in a bridge funding round led by Inflection Point Ventures (IPV), with participation from Mucker Capital. The fresh capital will help the startup enhance its artificial intelligence capabilities, strengthen platform infrastructure, and accelerate product development as it prepares for its next phase of growth. The … Read more

Amazon to Invest $48 Billion in India by 2030, Expands AI Infrastructure and Quick Commerce Ambitions

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AMAZON with PM Modi

New Delhi: Amazon has announced plans to invest $48 billion in India between 2026 and 2030, reinforcing its long-term commitment to one of the world’s fastest-growing digital economies. The investment follows a meeting between Amazon President and CEO Andy Jassy and Prime Minister Narendra Modi, highlighting the company’s expanding focus on artificial intelligence (AI), cloud … Read more

NTT DATA Partners with Cursor to Accelerate Enterprise AI Modernization and Strengthen AI Governance

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NTT Data

As enterprises accelerate investments in artificial intelligence, organizations are increasingly looking for ways to modernize legacy applications while maintaining security, governance, and operational control. In a significant move aimed at transforming enterprise software engineering, NTT DATA has announced a strategic partnership with Cursor, one of the world’s leading multi-model AI coding platforms. Under the partnership, … Read more

Maharashtra CM Devendra Fadnavis Meets Amazon CEO Andy Jassy, Invites Fresh Investment in Data Centres and Healthcare

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Devendra Fadnavis

Maharashtra Chief Minister Devendra Fadnavis met Amazon CEO Andy Jassy in Mumbai on Wednesday, June 24, 2026, in a high-profile meeting that underscored the state’s ambition to remain India’s leading destination for technology and cloud infrastructure investment. The meeting, held during Jassy’s first visit to India since taking over as Amazon’s chief executive from founder … Read more

EXL to Acquire iMerit in $310 Million Deal

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EXL to acquire iMerit Technology

Artificial intelligence is rapidly moving from experimentation to enterprise-wide deployment, and organizations are increasingly seeking partners capable of building trustworthy, domain-specific AI solutions. In one of the biggest AI-focused acquisitions of the year, EXL (NASDAQ: EXLS) has announced a definitive agreement to acquire AI model training and reinforcement learning specialist iMerit in a transaction valued … Read more

Google Cloud Appoints New Leaders for Thailand and Indonesia to Accelerate AI and Cloud Growth in Southeast Asia

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Google Cloud Appoints

Google Cloud has strengthened its leadership team in Southeast Asia with the appointment of Saruj Thipsena as Country Manager for Thailand and Karim Siregar as Country Director for Indonesia. The leadership changes come as demand for cloud computing, artificial intelligence (AI), and digital transformation solutions continues to accelerate across the region. The appointments reflect Google … Read more

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

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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

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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

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

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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

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

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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

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

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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

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

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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

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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

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

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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

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

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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