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Industrial Robotics Firm Ati Motors Raises $10.85M in Series A Funding

Ati Motors, an industrial robotics firm, has raised $10.85 million in Series A funding. The round was led by True Ventures, with participation from Blume Ventures, Exfinity Ventures, and MFV Partners.

Vodex Secures $320k in Pre-Seed Funding Led by 100X.VC

Vodex, a generative AI-powered outbound calling solution provider, has secured $320k in pre-seed funding led by 100X.VC. The round also saw participation from angel investors such as Yash Kotak and Devansh Alijar.

Louis Stitch Secures INR 5 Crore in Pre-Series A Funding to Propel Retail Expansion

Louis Stitch, a premium menswear brand, has secured INR 5 crore in pre-Series A funding. The round was led by Space World Group, with participation from Inflection Point Ventures and angel investors.

Twitter Set to Introduce Job Listings Feature for Verified Organizations

Twitter is set to introduce a job listings feature for verified organizations. The feature will allow organizations to post job openings on Twitter, and users to search for jobs by keyword, location, and other criteria.

Investors Urge PM to Reconsider 28% Tax on Real Money Online Gaming, Warning of $2.5B Investment Erosion

A group of investors have urged Prime Minister Narendra Modi to reconsider the proposed 28% tax on real money online gaming, warning that it could lead to an erosion of $2.5 billion in investment in the sector.

Meta collaborates with Karishma Kapoor to promote social media safety

Meta, the parent company of Facebook and Instagram, has collaborated with Bollywood actress Karishma Kapoor to promote social media safety. The collaboration is part of Meta’s efforts to raise awareness about the importance of online safety for young people.

Shopsy launches SuperCoin rewards for customer loyalty

Shopsy, a hyperlocal grocery delivery startup, has launched a new loyalty program called SuperCoin. The program allows customers to earn SuperCoins for every rupee they spend on the platform. SuperCoins can then be redeemed for discounts on future purchases.

AI Revolutionizing India’s Agriculture Sector: World Economic Forum Report

A new report by the World Economic Forum has found that artificial intelligence (AI) has the potential to revolutionize India’s agriculture sector. The report, titled “The Future of Agriculture in India,” found that AI could help to improve crop yields, reduce water usage, and increase the resilience of the sector to climate change.

Flipkart’s Clever Ad Wins Hearts: ‘Har Ad Me Jo Dikhta Hai, Vo Flipkart Pe Milta Hai!’

Flipkart, India’s largest e-commerce company, has launched a new ad campaign that is winning hearts. The ad, which is titled “Har Ad Me Jo Dikhta Hai, Vo Flipkart Pe Milta Hai!” (Everything You See in an Ad, Is Available on Flipkart!), is a clever play on the company’s name.

Paytm Grants 1.7 Million New ESOPs to Employees

Paytm, India’s leading digital payments and financial services company, has granted 1.7 million new employee stock ownership plans (ESOPs) to its employees. The ESOPs are being granted to employees across all levels and functions, and they vest over a period of four years.

Reliance Jio Q1 net profit rises 12.1% to Rs 4,863 Cr

Reliance Jio, the telecom arm of Reliance Industries, on July 21 reported a 12.1% rise in its consolidated net profit to Rs 4,863 crore for the quarter ended June 2023. The company had reported a net profit of Rs 4,322 crore in the same quarter last year.

DeVC India Empowers Over 30 Startups with Diverse Sector Investments

DevC India, a collective of founders, operators, and investors, has empowered over 30 startups with diverse sector investments. The collective has invested in startups across a range of sectors, including fintech, edtech, healthtech, and proptech.

14th World Renewable Energy Technology Congress & Exhibition to Take Place on 25-26 August 2023 in New Delhi, India

The 14th World Renewable Energy Technology Congress & Exhibition (WRETC) will take place on 25-26 August 2023 in New Delhi, India. The event will bring together over 1,000 delegates from around the world to discuss the latest trends and developments in renewable energy.

Article By CA Pankaj Dara

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