CHENNAI: Space tech startup Agnikul Cosmos has raised Rs 200 crore (around $26.7 million) in Series B funding from venture capital investors including Celesta Capital, Rocketship.vc, Artha Venture Fund, and Artha Select Fund, along with participation from existing investors Mayfield India, pi Ventures, Speciale Invest, and others.

NEW DELHI: On Thursday, co-living startup Settl announced its expansion into the Chennai market, with plans to launch 300 beds to cater to working professionals. Settl, based in Bengaluru, currently manages 3,500 beds across Bengaluru, Gurugram, and Hyderabad. The startup has 1,200 beds in Gurugram, 1,700 beds in Bengaluru, and 600 beds in Hyderabad.

NEW DELHI: Agritech startup BharatAgri, an advisory-led e-commerce platform for farmers, announced on Thursday that it has secured Rs 35 crore (USD 4.3 million) from investors, including Arkam Ventures. The company raised Rs 35 crore in the Series A funding round. Apart from Arkam Ventures, the funding round also saw participation from Capria Ventures and existing investors, India Quotient, 021 Capital, and Omnivore, BharatAgri said in a release. The funding signifies Ark

KOCHI: InIT Solutions Pvt Ltd, a company under the Kerala Startup Mission (KSUM), has recently won two prestigious awards within a week. The company, known for its ground-breaking 'BookSeva', offers a cost-free Customer Relationship Management Solution (CRM) connecting devotees with temples.

E-commerce startup Udaan is working to curb costs and forge new partnerships with consumer brands in India as it prepares to go public in 2025. Udaan, which competes with Reliance Industries Ltd. and Walmart Inc.'s Flipkart in helping smaller merchants source their goods, will make an operating profit within 18 months, Chief Executive Officer Vaibhav Gupta said in an interview. That's set to happen around the same time as its initial public offering, he said. The priority "is ste

THIRUVANANTHAPURAM: Startups will play an important role in helping India become the third largest economy in the world, Chief Economic Advisor (CEA) to the Union government V Anantha Nageswaran has said.

NEW DELHI: Buy now Pay Later (BNPL) startup ZestMoney has decided to shut operations. The move will impact some 150 employees of the firm, the company's management told employees in a town hall on Tuesday. ZestMoney did not comment. It is learnt that the firm will shut down by the end of this month.

A generative artificial intelligence startup targeting the Indian market raised $41 million in fresh funding, the largest such round by an early-stage AI contender in the country. Sarvam AI is building large language models targeted at unique uses in Indian languages at price points that the country's 1.4 billion people can afford. The Series A funding round was led by Lightspeed Venture Partners, and participants included Silicon Valley billionaire Vinod Khosla's Khosla Ventures and Peak XV Par

Indian e-commerce firm Udaan raised $340 million to strengthen its supply chain and boost vendor partnerships ahead of a stock market debut planned for 2025. The Series E round was done via a combination of fresh equity and conversion of debt, the Bangalore-based company said in a statement Thursday. The round was led by M&G Plc and existing investors including Lightspeed Venture Partners and DST Global participated. The round "fully funds our business plan," Vaibhav Gupta, Udaan

For most perfume makers, the key feature is the ingredients that make it smell great. However, for Stafford Sheehan, a cofounder and chemist at Air Company, the most crucial aspect of perfume-making is its lack of scent.Based in New York, Air Company utilizes technology to convert planet-warming carbon dioxide into ethanol. This ethanol is then combined with essential oils and water to create perfume. The pale yellow Air Eau de Parfum, although about 50% more expensive than Coco Chanel's signatu

Finance Ministry NEW DELHI: More than 1.14 lakh startups in India have created over 12 lakh jobs so far, the finance ministry said in its latest review of the Indian economy. In the report titled, 'The Indian Economy: A Review January 2024', the Department of Economic Affairs said that the 1.14 lakh startups recognised by the government under the 'Startup India initiative' created more than 12 lakh jobs (as of October 2023). The state-owned e-commerce platform Open Network for

US stock indices traded marginally higher on Tuesday, showing signs of stability after two volatile sessions driven by economic uncertainty and political tension over tariffs.

BENGALURU: UAE-based spend management platform Alaan has raised $48 million in a Series A round led by Peak XV Partners, marking one of the largest early-stage funding deals in the Middle East's fintech sector. The round saw participation from 885 Capital founders Sudeep Ramnani and Jai Mahtani, Y Combinator, 468 Capital, and Pioneer Fund. The funding, which was oversubscribed, included both primary and secondary components. It also drew backing from several prominent regional and global operators, including Tabby founder Hosam Arab, Careem founder Mudassir Sheikha, Pleo founder Jeppe Rindom, Astra Tech founder Abdallah Abu-Sheikh, and Talabat CPO Yi Wei Ang.

NEW DELHI: Airbus has appointed Jürgen Westermeier (53) as the president and MD for India and South Asia, effective Sept 1, 2025. Jürgen, currently EVP & chief procurement officer at Airbus, will succeed Rémi Maillard who will become EVP engineering for commercial aircraft and head of technology at Airbus.

Japan is set to begin importing Ford's hefty F-150 pickup trucks, as announced by US President Donald Trump on Tuesday, amidst lingering uncertainties surrounding the full extent of the trade agreement.

Wall Street experienced slight gains on Wednesday as investors analyzed a plethora of corporate earnings to assess how businesses are navigating President Donald Trump's tariffs. The Nasdaq rose by 60 points or 0.29%, reaching 20,977. The S&P 500 followed suit with a modest increase of 11 points, up by 0.18% to 6310. On the other hand, the DJIA dipped by 12 points or 0.03% to settle at 44,099 by 7:25 PM IST.

Experts expect the central bank to maintain a status quo on repo rate. RBI Monetary Policy Committee (MPC) meet date, time: The MPC, under the leadership of Reserve Bank of India (RBI) governor Sanjay Malhotra, met this week for the bi-monthly monetary policy review. The committee will assess several economic parameters, including the repo rate, liquidity conditions, CPI inflation and GDP growth outlook for India's economy.The timing of RBI’s monetary policy assumes significa

MUMBAI: Industrialist Anand Mahindra has said that US tariffs will have the unintended consequences of creating new growth drivers, and India should use the opportunity to unleash reforms like in 1991 and promote tourism as a forex engine. In an elaborate post on X following the tariff announcements, the Mahindra & Mahindra chairman outlined his two proposals - creating a genuine single-window clearance system for all investments, starting with willing states aligning to a national platform to d

Top stocks to buy today (AI image) Top stock market recommendations: According to Aakash K Hindocha, Deputy Vice President - WM Research, Nuvama Professional Clients Group, Asian Paints, Cummins India, and Eicher Motors are the top buy calls for today. Here’s his view on Nifty, Bank Nifty and the top stock picks for August 7, 2025:Index View: NiftyNifty has been trading within a 2% range for the past 8 trading days as the index has given a breakdown from a bearish head and shoulders p

T&T Raj Nagar Extension, known for its affordability, may soon see a shift in its residential landscape. T&T Group is preparing to launch a premium housing project in the area, with an estimated worth of Rs 700 crore, which is expected to significantly expand its market share in the luxury housing market.Spread across 3.25 acres, the upcoming project will feature over one million square feet of built-up area and offer 3 and 4 BHK apartments across Ground + 16-storey towers. The design reportedly

Warren Buffett, the billionaire investor behind the success of Berkshire Hathaway, is widely admired not just for his wealth, but for his simple, time-tested investment philosophy. One of his most powerful ideas is the “circle of competence” — the concept that you don’t need to understand everything about every business to be a great investor. Instead, staying within your intellectual comfort zone is the key to making rational, long-term decisions. As Buffett once wrote, understanding your limits is more important than having a vast amount of knowledge. This principle still offers a practical framework for anyone looking to invest wisely in today’s fast-paced market.

Asian stock markets climbed on Thursday, buoyed by a tech rally on Wall Street, upbeat earnings, and hopes of US rate cuts. Investor confidence followed after Trump's 100% chip tariff threat came with exemptions for several companies.

Tata Consultancy Services (TCS), India's largest IT services firm, has announced salary hikes for approximately 80% of its staff members. The salary hikes will mainly cover the IT giant's junior and mid-level employees. The salary hike comes at a time when TCS has announced that it will lay off around 12,000 employees in the course of this year.

National Securities Depository Ltd (NSDL) shares had a robust start on Wednesday, opening 15% above the issue price of Rs 800. NSDL shares debuted at Rs 880 on the BSE, marking a 10% premium over the issue price. The stock surged further by 15% to reach Rs 920, propelling the company's market valuation to Rs 18,249 crore on the BSE. NSDL's Initial Public Offering (IPO) of Rs 4,011 crore garnered a subscription of 41 times on the closing day of bidding on Friday. Despite N

Thursday's trading will be influenced by the US President's implementation of additional 25% tariffs. (AI image) Stock market today: Indian stock markets opened in the red on Thursday after US President Donald Trump announced a sharp hike in tariffs on Indian goods, doubling them to 50%, weighing on overall market sentiment. As of 11:42 AM, the Nifty50 was down 138.05 points (0.56%) at 24,436.15. The BSE Sensex also fell by 409.02 points (0.51%) to 80,134.97. Earlier in the day at 9:1

Gold price prediction: MCX Gold prices have been trading significantly above the ₹1,00,000 mark, indicating strong bullish momentum in the domestic market. (AI image) Gold and silver price prediction today: Gold rates have been exhibiting bullish momentum in the domestic market. What levels of gold and silver prices should investors watch out for? Abhilash Koikkara, Head - Forex & Commodities, Nuvama Professional Clients Group shares his views: MCX Gold MCX Gold prices have

Market experts anticipate sideways trading, with attention focused on the Reserve Bank of India's monetary policy. (AI image) Stock market today: Indian equity benchmarks Nifty50 and BSE Sensex traded flat on Wednesday, following the RBI’s monetary policy announcement and continued foreign fund outflows. As of 10:14 AM, the Nifty50 was down 46.50 points or 0.19%, trading at 24,603.05. While the 30-share BSE Sensex slipped 81