Author: Aman Atulya

Bengaluru, July, 2025 — AI video platform Trupeer AI has raised $3 million in seed funding, led by RTP Global, with participation from Salesforce Ventures and select angel investors. The Bengaluru-based startup is building AI-powered tools that allow enterprises to turn screen recordings into fully-produced videos — complete with voiceovers, avatars, scripts, and brand assets. Founded by Shivali Goyal and Pritish Gupta, Trupeer AI leverages a proprietary multimodal pipeline that integrates voice recognition, speech synthesis, transcription, avatar rendering, and LLM-driven scripting. The platform caters to enterprise teams creating onboarding modules, training content, product explainers, and support videos — without needing…

New Delhi, July 16, 2025 — Edtech unicorn Physics Wallah has partnered with non-profit organization Sandiksha to launch a new scholarship initiative aimed at supporting the children of Sashastra Seema Bal (SSB) personnel. The initiative is designed to provide financial aid and academic mentorship to students from SSB families, helping them access quality education and digital learning resources. The collaboration seeks to honor the service and sacrifices of India’s paramilitary personnel by investing in the educational future of their children — particularly those preparing for competitive exams. As part of the program, selected students will receive free access to Physics…

Mumbai, July 16, 2025 — The Life Insurance Corporation of India (LIC) has appointed R Doraiswamy as its new CEO and Managing Director, effective July 14. His appointment follows the interim tenure of Sat Pal Bhanoo, who assumed charge after Siddhartha Mohanty’s term ended on June 7. Doraiswamy becomes the first full-term CEO & MD under LIC’s revised governance structure, introduced after its 2022 IPO. The change aligns LIC with SEBI’s norms for listed entities, merging the roles of Chairman and MD for tighter corporate oversight. With over 38 years of experience at LIC, Doraiswamy brings deep operational and strategic…

Mumbai, July 16, 2025 — In one of the biggest deals in India’s food and beverage sector this year, homegrown private equity firm ChrysCapital has acquired a 90% stake in Theobroma for ₹2,410 crore, marking the exit of ICICI Venture, which held a 42% stake since 2017. Founded in 2004 by sisters Kainaz Messman Harchandrai and Tina Messman Wykes, Theobroma started as a single café in Mumbai’s Colaba. Over two decades, it has grown into a national brand with over 200 outlets across 30+ cities, celebrated for its signature brownies, cakes, and all-day café menu. While the final deal value…

New Delhi, July 16, 2025 — Group Captain Shubhanshu Shukla, an Indian Air Force officer, has returned safely to Earth after completing a landmark 20-day space mission aboard the International Space Station (ISS). He becomes the first Indian to visit the ISS and only the second Indian in space since Rakesh Sharma in 1984 — marking a major leap in India’s space ambitions. The mission was part of Axiom Space’s Axiom-4 private astronaut program. The SpaceX Crew Dragon “Grace” capsule, carrying Shukla along with astronauts from Poland and Hungary, successfully splashed down off the coast of California after conducting over…

Mumbai, July 15, 2025 — Tesla has officially entered the Indian market, opening its first showroom at Mumbai’s Bandra Kurla Complex and launching the Model Y electric SUV, priced between ₹59.89 lakh and ₹67.89 lakh (ex-showroom). The Model Y will be available in two variants — Rear-Wheel Drive and Long Range Rear-Wheel Drive — with on-road prices peaking at ₹69.15 lakh. Bookings have started with a non-refundable deposit of ₹22,000, and deliveries are expected to begin in Q3 2025. Tesla also plans to deploy its V4 Superchargers ahead of deliveries. The first phase will launch four Supercharger stations in Delhi…

Mumbai, July, 2025 — Ola Electric has hit a major regulatory roadblock in one of its key markets. The Maharashtra government has ordered the closure of 405 out of 450 Ola showrooms statewide — nearly 90% of its retail presence — due to non-compliance with trade certificate regulations. These trade certificates, issued under the Central Motor Vehicle Rules, are mandatory for any dealership or outlet storing and selling vehicles. Without them, operations are deemed illegal. Authorities acted after repeated violations, according to reports. This is a sharp blow to Ola’s nationwide EV strategy. Maharashtra alone contributed over 41,000 units to…

New Delhi, July, 2025 — TheWeddingCompany.com, a wedding planning and fulfillment platform, has raised $1 million in a pre-seed funding round. The investment was co-led by LVX (formerly LetsVenture) and Tremis Capital, with participation from notable angel investors including Chaitanya Ramalingegowda (co-founder of Wakefit), Ajith Pai (COO at Delhivery), and Arash Ferdowsi (co-founder of Dropbox). Founded in 2023 by Pawan Gupta and Rahul Namdev, The Wedding Company aims to streamline India’s $130 billion wedding market by offering a technology-driven platform that connects couples with verified vendors across various services such as venues, photography, décor, catering, and logistics. The newly acquired…

New Delhi, July 2025 — India’s homegrown digital payments network, UPI (Unified Payments Interface), has officially surpassed Visa in daily transaction volume, processing over 650 million transactions every day, according to statements from Amitabh Kant, India’s G20 Sherpa and former NITI Aayog CEO. Launched in 2016 by the National Payments Corporation of India (NPCI), UPI has transformed from a government-led initiative into the world’s most-used real-time payment platform — now outpacing even global incumbents like Visa and Mastercard. “This is phenomenal,” said Kant, emphasizing that India achieved this scale in under nine years. The platform’s growth has been fueled by…

Bengaluru, July , 2025 — AI research startup Gibran has secured $2.6 million in seed funding led by Together Fund to develop a new class of adaptive, nature-inspired AI systems. The Bengaluru-based company aims to move beyond traditional automation by creating AI that enhances human creativity and decision-making. Founded by Govind Balakrishnan, Srikant Chakravarti, Suzanne Sadedin, and Edgar Duéñez-Guzmán, Gibran draws inspiration from evolutionary biology and complex adaptive systems. Their goal is to develop AI that evolves alongside humans, fostering collaboration rather than replacement. “AI shouldn’t replace people; it should expand how they think, create, and decide,” said Balakrishnan. The…