US President Donald Trump on Friday (local time) praised Elon Musk for doing a "fantastic job" as head of the DOGE (Department of Government Efficiency) and assured that the department, founded by Musk to cut unnecessary funding and boost the US economy, will remain functional.
New Delhi [India], May 30: ILIOS 72 Alternative Capital, a young and fast-growing wealth management firm, has raised INR 1 crore in seed funding from a group of family offices. This marks the company's first external raise. The funds will be dedicated to help ILIOS 72 in business expansion a
All India Majlis-e-Ittehadul Muslimeen (AIMIM) MP Asaduddin Owaisi, who is part of the all-party delegation led by BJP MP Baijayant Panda, said that Pakistan should be put back on the FATF grey list to curb the funding of terrorist groups.
Bangalore (Karnataka) [India], May 28: Frinks AI, a deep-tech startup founded by IIT Hyderabad alumni, has raised $5.4 million in a Pre-Series A round led by Prime Venture Partners, bringing its total funding to $6.25 million. The company is building next-generation Vision AI systems that he
Karnataka Chief Minister Siddaramaiah has strongly refuted BJP allegations that the state government prioritised Urdu over Kannada in funding allocations, terming the claims "malicious lies" aimed at inciting communal hatred.
BJP MP Hemang Joshi, a member of an all-party delegation led by JD(U) MP Sanjay Jha, said the delegation visited South Korea to highlight India's firm stand against terrorism and to seek stronger international support in forums like the UNSC and FATF.
Indore (Madhya Pradesh) [India], May 24: Shuru App, one of India's fastest-growing hyperlocal platforms, has raised Series A funding to power its next phase of product and technology expansion. The round was led by Krafton, with participation from Omidyar Network India and Eximius Ventures.
"Congress party has supported the decision to send multi-party delegations across the world. At the same time, our endeavour must be to put Pakistan back on the grey list of the Financial Action Task Force. We have to ensure that Pakistan does not get any additional funding for its Military
Bengaluru (Karnataka) [India], May 22: KRAFTON India has announced its investment in Shuru, a fast-growing hyperlocal community app delivering local updates connecting users across India. The Series A funding round led by KRAFTON India also included participation from existing investor Omidy
According to a release, INSV Kaundinya is a stitched sail ship, based on a 5th century CE ship depicted in the paintings of Ajanta Caves. The project was initiated through a tripartite agreement signed in Jul 2023 between the Ministry of Culture, the Indian Navy, and M/s Hodi Innovations, wi
Mumbai (Maharashtra) [India], May 21: Airbots Aerospace, a leader in India's agri-drone and unmanned aerial systems sector, has secured a strategic investment from the Technology Innovation Hub (TIH) Foundation of IIT Bombay. This funding is a key milestone in Airbots' mission to develop
Singapore, May 20: Whale, a Singapore-based enterprise Artificial Intelligence company, has announced the successful completion of two consecutive funding rounds--Series C1 and Series C2--raising a total of over USD 60 million.