B2B manufacturing platform Zetwerk has filed an updated draft red herring prospectus with India's markets regulator, comprising a fresh issue of ₹2,600 crore and an offer for sale of up to 9.6 crore equity shares, moving it a step closer to a public listing.
Astrology and spiritual-guidance platform AstroTalk has crossed the billion-dollar valuation mark, becoming India's 133rd unicorn and underscoring investor appetite for consumer-tech platforms built on trust and habitual engagement.
Larsen & Toubro's data centre arm Vyoma.AI has secured a contract worth up to ₹15,000 crore from Together AI to deploy 10,000 Nvidia B300 Blackwell Ultra GPUs in a single NVLink-connected cluster in Chennai — India's largest unified AI computing installation to date.
Blacksmith, the AI code-validation platform founded by Indian-origin engineers Aditya Jayaprakash, Aayush Shah and Aditya Maru, has raised a $45 million Series B led by Peak XV Partners at a $550 million valuation — a nearly tenfold jump from less than a year earlier — as AI coding tools drive explosive demand for faster software testing.
Dubai's Indian community is marking India's 80th Independence Day with a three-day cultural festival, Chitthi Aayi Hai, alongside special menus, staycation offers and performances across the city, underscoring the scale and commercial weight of the UAE's largest expatriate community.
Lumin Health has appointed Indian American psychiatrist Dr. Aakash Sathappan as site director of its Brookline, Massachusetts clinic, expanding clinical leadership as demand grows nationally for medically supervised ketamine and esketamine treatment for depression that has resisted other therapies.
Non-profit accelerator FourthWave has selected 14 US women founders for its eighth annual cohort, spanning health and life sciences, AI and enterprise tools, and sustainability and agriculture technology, as alumni companies have gone on to raise more than $180 million in venture funding.
Reddit will join the S&P 500 on August 18, replacing AvalonBay Communities, in an off-cycle change that sent shares surging more than 15% as index-tracking funds managing trillions of dollars prepare to buy the stock, capping a strong second quarter that saw revenue jump 61% year-over-year.
Israeli venture creation platform Team8 has raised $365 million in new capital — $265 million for its third core fund and over $100 million for follow-on investments — bringing its total assets under management to nearly $2 billion as it targets Seed and Series A startups building AI-native cybersecurity, fintech and infrastructure companies.
German solar inverter manufacturer SMA Group swung to a €72.8 million net profit in the first half of 2026, from a €42.4 million loss a year earlier, and raised its full-year guidance as restructuring measures and a rebound in its Home & Business Solutions division took hold.