Agentic AI startup Emergent has secured a strategic investment from Google’s AI Futures Fund, strengthening its position in the fast emerging vibe coding landscape. While the investment amount has not been disclosed, the company confirmed that the fresh capital will be directed toward hiring top talent, accelerating product development, and expanding its global footprint. Founded by Mukund Jha, cofounder of Dunzo, and his brother Madhav Jha, Emergent is building an autonomous application-development platform that enables users to create production-ready software through natural language prompts. Its AI agents can generate backend logic, data models, APIs, and complete frontend interfaces allowing users…
Author: Adarsh Kumar
LEAP India, one of India’s fastest-growing supply chain technology and reusable packaging providers, has received official approval from the Securities and Exchange Board of India (SEBI) to proceed with its ₹2,400 crore initial public offering (IPO). SEBI issued its observations in the week ending December 5, clearing the path for one of the logistics industry’s most anticipated listings. Filed in August, LEAP India’s Draft Red Herring Prospectus (DRHP) outlines an IPO consisting of a ₹400 crore fresh issue and an offer for sale (OFS) worth up to ₹2,000 crore. Promoter entity Vertical Holdings II will lead the OFS with a…
Centre Court Capital, a sports tech and gaming-focused venture fund anchored by JSW Group’s Parth Jindal, has closed its maiden fund at ₹410 crore, surpassing its target of ₹350 crore. The oversubscribed fundraise highlights rising investor confidence in India’s rapidly expanding sports, fitness, and digital gaming sector. The fund secured commitments from leading domestic institutions including SIDBI and the Self-Reliant India Fund (SRI), alongside participation from major family offices such as Premji Invest, SanRaj Group, and GMR Sports. The investor roster also includes top athletes Neeraj Chopra, Rishabh Pant, PV Sindhu, and Jemimah Rodrigues, as well as well-known startup founders…
India’s fast-growing quick commerce industry is heading toward a major correction, according to Blinkit CEO Albinder Dhindsa, who believes the sector’s breakneck expansion is becoming unsustainable. Speaking in a recent interview, Dhindsa said years of aggressive fundraising and heavy discounting have pushed several players to the edge as investor appetite cools. Backed by global capital giants including SoftBank, Temasek and major Middle Eastern funds, India has become the world’s most ambitious market for ultra-fast deliveries. Dense city clusters, low labor costs and seamless digital payments helped fuel rapid adoption. But Dhindsa warns that the economics of 10-minute delivery rely heavily…
In a major recalibration of US tech policy, President Donald Trump has granted Nvidia permission to export its H200 artificial intelligence chips to authorised buyers in China. The move loosens selected export controls while preserving strict national security protections on America’s most advanced semiconductor technology. The decision arrives amid ongoing US concerns that unrestricted AI chip sales could accelerate China’s rapid technological growth. While the H200 is a high performance chip designed for AI training and large-scale computing, it is not Nvidia’s most powerful processor. Trump reaffirmed that the company’s flagship Blackwell series and the upcoming Rubin generation remain barred…
Swiggy has opened its massive ₹10,000-crore qualified institutional placement (QIP) today, following overwhelming shareholder approval at its extraordinary general meeting on December 8. The food delivery and quick commerce giant confirmed in a regulatory filing that 76.40% of shareholders participated in the vote, with an impressive 99.47% voting in favour of the fundraise making this one of the largest equity issuances in India’s consumer internet sector in 2024. Why Is Swiggy Raising Funds Now? The timing of the fundraise coincides with an intensifying battle in India’s hyper growth quick commerce market. Swiggy Instamart is scaling rapidly as it competes head-to-head…
The Ministry of New and Renewable Energy (MNRE) has identified 100 cities across India for its newly launched City Accelerator Program, aimed at fast-tracking rooftop solar adoption under the PM Surya Ghar Yojana. Among the selected locations, Jaipur, Jodhpur, Ajmer and Udaipur from Rajasthan have secured a place, marking a significant step in strengthening the state’s renewable energy roadmap. A senior official from the Rajasthan energy department confirmed the development, stating that the program will focus on expanding awareness, improving consumer outreach and training local vendors to support large-scale rooftop solar uptake. The initiative intends to simplify the installation process…
Zepto was founded in 2021 by Aadit Palicha and Kaivalya Vohra, two teenagers who dropped out of Stanford to solve a real Indian problem delayed grocery deliveries. During the pandemic lockdowns, they noticed how unpredictable online grocery services were. Delays, cancellations, and poor inventory management frustrated millions. So they launched Zepto with a bold promise: deliver essentials in just 10 minutes. What started as a simple lockdown experiment soon became one of India’s most disruptive startup stories. The Dark Store Model That Changed Quick Commerce Zepto built its brand on a hyperlocal “dark store” network small, strategically located warehouses designed…
TAC Infosec has taken a major step toward global expansion with its US subsidiary, CyberScope Web3 Security Inc, officially initiating the process for a potential listing on the Nasdaq Capital Market. The Greece-based Web3 security firm has confidentially submitted a Form F-1 to the US Securities and Exchange Commission (SEC), marking a significant milestone in TAC’s long-term ambition to become a Nasdaq-listed enterprise. According to TAC Infosec, the filing represents CyberScope’s progression through the required regulatory stages for foreign private issuers. The timing, size, and structure of the IPO remain subject to market conditions and the SEC’s review, but the…
SpaceX is gearing up for a blockbuster insider share sale that could value the company at an unprecedented $750–$800 billion, making it the most valuable private company in the world. According to people familiar with the discussions, SpaceX’s board reviewed the proposal during a meeting at its Starbase headquarters in Texas, though final terms may shift depending on investor appetite and employee participation. If executed, the transaction would eclipse OpenAI’s recent $500 billion valuation, reinforcing SpaceX’s dominance in the commercial space and satellite broadband sectors. Sources indicate that the tentative price under discussion exceeds $400 per share, reflecting soaring demand…