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Debt collection startup DPDzero raises $7M from GMO, Blume and others

The Bengaluru-based company said the funds will be used to scale its AI-led multilingual collections platform and roll out a professional network of field collection agents. DPDzero, a startup focused on reimagining debt collection for Indian lenders, has raised $7 million in a Series ‘A’ funding round led by GMO Venture Partners. The round also […]

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Over 17,500 complaints of fake goods on e-commerce sites since 2022: Govt.

Union Minister of State for Consumer Affairs, B.L. Verma said calls to the National Consumer Helpline (NCH) rose more than tenfold. Over 17,500 complaints of fake, duplicate and counterfeit products sold on e-commerce platforms have been recorded since 2022, with the highest — 7,221 cases — reported in the first half of 2025, the Union […]

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Infosys opens advanced AI, Cybersecurity and Spacetech Centre in Hubballi in big boost to North Karnataka

The Centre is part of ‘Infosys Living Labs’, a network of over a dozen established Centers globally designed to help clients accelerate innovation and leverage emerging technologies. The Centre establishes the north Karnataka city as a key technology hub for the software major, specializing in advanced digital solutions like AI, cloud computing, cybersecurity, engineering services, […]

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India will see manufacturing unicorns within 3-4 yrs, says Accel’s Prashanth Prakash

Prakash said the VC industry has undergone a clear shift in the last six to nine months, with investors increasingly open to backing companies in asset-heavy, complex sectors such as defense, robotics, semiconductors and aerospace. India could see its first unicorns in advanced manufacturing within the next three to four years, according to partners at […]

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K. Moses Chalai, Secretary of Dept. of Public Enterprises, to be designated as the next Finance Secretary soon?

According to sources, Chalai is the senior most in rank in the Finance Ministry and is expected to be designated as Finance Secretary soon.  K. Moses Chalai, Secretary in the Department of Public Enterprises (DPE), is soon to be named the next Finance Secretary, a position lying vacant for more than a month, sources have […]

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Maharashtra cabinet approves new startup policy, freight corridor project

The Maharashtra State Cabinet on Tuesday approved several key decisions, including a new startup and innovation policy, a freight corridor project, land reforms and enhanced support for leprosy care organisations. The cabinet approved the Maharashtra Startup, Entrepreneurship and Innovation Policy 2025 to promote skill development, entrepreneurship and innovation across the state, a statement from the […]

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Dadagiri becoming obstacle to Pune’s development: Maharashtra CM Fadnavis

He said, ‘Pune is a manufacturing capital with reputed educational institutions and abundant skilled human resources. ‘Dadagiri by certain elements is becoming an obstacle to Pune’s development, Maharashtra Chief Minister, Devendra Fadnavis said a week after his Deputy and State Finance and Planning Minister, Ajit Pawar expressed concern over flight of IT sector companies from […]

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India notifies sugar exports quota of 5,841 tons for EU

TRQ is a quota for a volume of exports that enters the European Union (EU) with relatively low tariffs. After the quota reaches its limit, a higher tariff is applicable to additional shipments. India on Friday (August 1) notified sugar exports of 5,841 tons to the European Union under the tariff-rate quota scheme for 2025-26. […]

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India eyes trade expansion with Latin America across two dozen countries

India is exploring new export destinations to offset the impact of slowing demand in developed economies and the recently announced US tariffs. An Indian trade delegation is expected to meet a delegation from MERCOSUR this month to hold preliminary exploration to expand the existing Preferential Trade Agreement (PTA) to a Free Trade Agreement (FTA), Government […]

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Andhra Pradesh approves plan to offer up to $600 million for electronic components production

Andhra Pradesh approved a $600 million incentive scheme on Friday to boost local electronics component manufacturing. This State-level initiative follows the Indian Central Government’s recent approval of a ₹229.19 billion ($2.62 billion) plan aimed at strengthening electronics manufacturing across the country, highlighting India’s push to expand its domestic tech production capabilities. India’s Southern State of […]

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