Article on April 14, 2023

InCred Launches Its First Long-Short Rs 1000 Cr Fund

The fund aims to deliver strong positive absolute returns with low risk in all market conditions and is targeting an AUM of over INR 1,000 crore

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Govt To Invest $200 Mn In AI To Improve E-Governance Apps: MoS Chandrasekhar

In order to avoid AI bias, the Indian programme has varied collections of datasets from residents from all around the country, according to Rajeev Chandrasekhar

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Indian Startups Raise $2.8 B In Q1 2023; 75% YoY Decrease: Report

Funding in the late-stage rounds saw a decline of 79 per cent compared to Q1 2022, and a 23 per cent drop compared to Q4 2022

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Cyfirma Raises $5.5 M In Pre-Series B From L&T, Israel-based OurCrowd

With the closing of this round, CYFIRMA has raised nearly USD 18 million to date. The funds raised will be used for product innovation and entering new global markets in North America, Europe and MENA region

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IPV Leads Rs 1.8 Cr Seed Round For Ecommerce Startup Direct2U

The company plans to utilise the funds for technology development, hiring, marketing and expansion plans

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