Ideaforge IPO fully subscribed📊, Amazon's Prime Day sale🛒
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Tech Updates
Ideaforge IPO fully subscribed within hours on robust retail demand
Draft of Digital India Act to open for public consultation in next two weeks
CVs of Byju’s employees flood job market
Amazon plans Prime Day for India later next month amid slowing ecommerce sales
Indian IT leaders most confident about readiness of digital infrastructure for AI
Infosys wins $454 mn digital transformation deal from Danske Bank
Ryan Reynolds Buys Stake in F1 Racing Team, Growing His Business Empire
Nvidia brings its AI computing platform to cloud data firm Snowflake
Arkam Ventures launches $180 million second fund
Funding Deals
Aviation startup BluJ Aero has raised $2.25 million in a seed funding round to develop a vertical take-off and landing (VTOL) aircraft powered by hydrogen fuel cell technology.
Metaverse gaming platform AvatarLife has raised $1.5 million in a seed funding round led by Info Edge Ventures which is the investment arm of Naukari.com parent Info Edge India Ltd.
Infra.Market is set to acquire majority ownership in Strata Geosystems for an enterprise value of Rs 910 crore from US-based Glen Raven.
Dallas Venture Capital (DVC), a cross-border venture capital firm, has received commitments of Rs 60 crore from Self Reliant India (SRI) Fund and NewcrestImage. It received funding of Rs 40 crore from Self Reliant India (SRI) Fund and Rs 20 crore from Newcrest and its partners.
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