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AI investments are beginning to translate into measurable business gains, with companies reporting stronger earnings and improved operational efficiency. Santander said its AI initiatives generated ...


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Two Point O Capital (TW.O), an AI-powered, full-stack clean energy deployment platform for commercial and industrial (C&I) businesses, has raised $10 million in a funding round led by Transition Venture Capital. Existing investor Omnivore and angel investors Chiranjeev Singh Saluja and Sudhir M Reddy also participated in the round.

T...


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Competition watchdog CCI has approved Dutch investment group Prosus' proposal to acquire a stake in Sachin Bansal-led fintech firm Navi Ltd, paving the way for the investment group to deepen its presence in India's digital financial services sector.

"The proposed combination involves the acquisition of certain shareholding in Navi Ltd (t...


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Electric mobility firm EKA Mobility has inaugurated six manufacturing facilities across Maharashtra and Madhya Pradesh in a bid to scale production of electric buses, trucks and smaller commercial vehicles as India expands fleet electrification.

The company said the six plants in Pune and Pithampur are part of a 11-facility network spre...


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Venture capital funding into Indian startups remained subdued in October, primarily due to the absence of large-value deals.

There was not a single deal worth more than $100 million during the month, while weekly funding remained below $200 million.

The last week of October saw total funding of $115 million across 29 deals, compare...


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