Bengaluru-based Scimplify has raised $25 million in a strategic round led by Hitachi Ventures, with customers Henkel and Teknor Apex joining as investors, as it uses AI to build alternative supply chains for specialty chemicals and critical materials.
Groww parent Billionbrains Garage Ventures reported a 54% year-on-year rise in Q2 FY27 net profit to about ₹725 crore on revenue of ₹1,501.5 crore, even as equity derivatives income fell and profit dipped slightly from the previous quarter.
Stent and heart-valve maker Sahajanand Medical Technologies has opened its ₹475.48 crore IPO, an offer for sale priced at ₹327–344 a share, with private equity backers Samara Capital and a Morgan Stanley affiliate among the sellers.
Silicon Valley seed firm Pear VC, co-founded by Mar Hershenson and Pejman Nozad, has closed a $333 million Fund V, about 23% smaller than its previous fund, and promoted three former founders to general partner.
Duvo, the enterprise AI company founded by Rohlik's Tomáš Čupr with Marek Paris and Martin Pecha, has raised a $32 million Series A led by Balderton Capital to move AI agents from pilots into everyday operations and expand into the US.
Finnish startup Ambio has raised a €5.1 million seed round led by b2venture to scale its AI-native service for buying recycled plastics, as Europe's recycling industry struggles with plant closures and a persistent price gap with virgin plastic.
After a meeting between Executive Chair Euisun Chung and Prime Minister Narendra Modi, Hyundai Motor Group has pledged $15.5 billion for India between 2026 and 2032, covering factories, a $700 million R&D centre, local suppliers and new mobility businesses, run through a dedicated Indian investment entity.
Indian equities staged a sharp one-day recovery on Tuesday. The Sensex rose 1.54% to 73,033.78 and the Nifty 50 gained 1.60% to 22,721.95, with the Nifty IT index up 5.22%, even as crude stayed above $100 and inflation hit a 23-month high.
MakeO, the company behind clear aligner brand Toothsi, has raised ₹90 crore in a round led by Singularity AMC to expand clinics and manufacturing across India and Southeast Asia, and to pursue acquisitions after crossing ₹500 crore in revenue and turning EBITDA profitable.
America's biggest banks opened the third-quarter reporting season with sharply different results. Goldman Sachs earned $17.01 a share on a 72% jump in equities revenue, Citi posted its best third-quarter revenue in a decade, and JPMorgan missed on profit as fixed-income trading softened and expenses rose.