Pulse of the Public
Pulse of the Public
Pulse of the Public
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Space technology startup InspeCity has secured ₹100 crore ($10.5 million) in pre-Series A funding led by Speciale Invest and Ashish Kacholia. The capital will be utilized to qualify its integrated architecture in space and execute four in-orbit satellite servicing and life-extension missions over the next 18 months.
EV battery-swapping provider Yuma Energy has secured $35 million in a Series A funding round from global automotive supplier Magna International. The capital will fund network expansion across major Indian cities and infrastructure upgrades.
Higher education company upGrad has finalized its acquisition of edtech startup Unacademy for just over $200 million. The deal marks a steep valuation markdown from Unacademy's peak valuation of $3.44 billion in 2021.
The Department for Promotion of Industry and Internal Trade (DPIIT) has signed Memoranda of Understanding with PhonePe and Shell India, offering DPIIT-recognized startups enhanced access to technology, mentorship, market linkages, and sector-specific support.