Ahmedabad-based insurtech InRisk Labs has raised $27 million in a Series A round as its subsidiary EarthRe becomes the first incorporated reinsurer licensed at India's GIFT City financial centre.
Bengaluru startup E3 Electric.AI has entered India's crowded electric two-wheeler market with the E3 TRION, a scooter built around predictive AI diagnostics and more than 100 connected features.
Climate-tech startup Mitti Labs has raised $9.5 million in funding led by Aramco Ventures, aimed at scaling a water-efficient rice cultivation programme that addresses one of Indian agriculture's most significant, and least discussed, sources of methane emissions.
Ola Electric narrowed its Q1 FY27 net loss by 22% year-on-year to ₹336 crore even as revenue fell 45%, with the Bhavish Aggarwal-led company pointing to improving two-wheeler market share as evidence its turnaround strategy is gaining traction.
Hero MotoCorp, the world's largest two-wheeler manufacturer by volume, has confirmed it will launch its first electric motorcycle in 2027, moving beyond scooters to challenge established players in India's fast-growing premium e-mobility segment.
The fifth edition of the NRI Achievers Awards concluded at Singapore's St. Regis hotel, honoring diaspora leaders in business, technology, healthcare and entrepreneurship, and drawing delegates from the United Kingdom, United States, UAE, Australia and beyond.
The Open Atlas Summit is set to return to Silicon Valley on August 21, once again bringing together diaspora entrepreneurs, technologists and investors in a platform that has grown into a fixture of the Bay Area's Indian innovation calendar.
Governor Gavin Newsom has appointed Indian-American engineer and former Chime and Amazon executive Shweta Maurya as senior product manager at California's Office of Data and Innovation, adding to a growing roster of Indian-origin professionals shaping American public-sector technology.
Google Fellow Sanjay Ghemawat, the Indian-American co-architect of MapReduce and Bigtable, is stepping away from Google to co-found a new artificial intelligence venture alongside Jeff Dean, Quoc Le and Oriol Vinyals — the latest sign that the deepest technical talent in Silicon Valley is betting on independent AI labs over incumbent giants.
RBI Governor Sanjay Malhotra has said discussions on reintroducing a Merchant Discount Rate (MDR) on UPI transactions remain at a premature stage, addressing a question that has stirred anxiety across India's fintech and payments ecosystem in recent weeks.