Entrepreneur News Network

Omega Seiki Mobility Raises ₹50 Crore to Expand EV Manufacturing, R&D and Dealer Network

Dr. Uday Narang

New Delhi: Indian electric vehicle manufacturer Omega Seiki Mobility (OSM) has secured ₹50 crore in a fresh funding round from a group of investors, including Securocorp Securities India, Sangeeta Pareekh, the Saket Aggarwal Family Office, and Vanshika Sharma. The company plans to utilize the capital to strengthen its manufacturing capabilities, expand research and development, and … 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

Spain’s Submer Group to Invest ₹19,000 Crore in Madhya Pradesh Semiconductor and Data Centre Ecosystem

Submer Group

Bhopal: Spain-based Submer Group has announced a ₹19,000 crore investment in Madhya Pradesh to develop semiconductor and data centre infrastructure, marking one of the state’s largest technology investments to date. The project is expected to generate nearly 5,000 direct employment opportunities while strengthening India’s rapidly growing semiconductor and digital infrastructure ecosystem. The announcement was made … Read more

LTM Partners with Anthropic to Accelerate Claude Adoption and Expand Enterprise Delivery

LTM

Mumbai: AI-centric technology services company LTM, part of the Larsen & Toubro (L&T) Group, has announced a strategic partnership with Anthropic, the artificial intelligence company behind the Claude family of AI models. The collaboration aims to help enterprises accelerate the adoption of Claude, Claude Code, and Claude Cowork across software engineering, application modernization, and business … Read more

Accel Raises $650 Million Early-Stage Fund to Back Disruptive Businesses in India

Accel

On January 6, 2025, venture capital firm Accel announced the successful closure of its eighth early-stage fund in India, raising an impressive $650 million (approximately Rs 5,500 crore). This new fund will be directed towards investing in innovative and category-defining businesses, with a focus on sectors such as Artificial Intelligence (AI), consumer products, fintech, and … Read more