India

Nexperia and Tata Electronics deepen India’s semiconductor manufacturing push

Nexperia and Tata Electronics have formed a broad semiconductor partnership covering wafer fabrication, assembly, testing, technology development and supply resilience in India.

Applied Materials commits $5B to expand India semiconductor footprint

Applied Materials plans to invest $5 billion in India over the next decade, expanding research, suppliers and workforce as the country builds its chip ecosystem.

Flam raises $40 million Series B for interactive AI content

Flam raised $40 million in a QED Investors-led Series B to develop interactive AI content tools and expand enterprise sales, with activity in India and Southeast Asia.

Bombay High Court lifts freeze on Coda Payments India accounts

Bombay High Court set aside orders freezing about ₹100 crore in Coda Payments India’s bank and payment accounts, while leaving related proceedings unresolved.

Pixxel raises $100M to expand Earth intelligence platform

Indian space technology company Pixxel has raised $100 million in a Series C round led by Temasek and Seraphim Space Investment Trust.

India’s Nexedge Capital raises $20M in first funding round for wealth management

Nexedge Capital, an Indian wealth-management and multi-family office firm, has raised $20 million in its first funding round, co-led by Mirae Asset Venture Investment and Elev8 Venture Partners.

India’s software firm Rezolv raises $12.5M Series A led by Norwest

Rezolv, an Indian software company that utilizes AI to automate debt collection for lenders, has raised $12.5 million in a Series A funding round led by U.S. venture firm Norwest, with participation from Vertex Ventures Southeast Asia and India and existing investor 3one4 Capital.

India’s River Mobility, backed by Toyota, Yamaha, raises $120M Series C to expand electric motorbike factories

India's River Mobility has closed a $120 million Series C round comprising equity and venture debt, among the largest private investments in India's electric two-wheeler sector.

Singapore’s ADA acquires India’s Algonomy to expand AI retail decisioning across 34 markets

ADA, an AI company headquartered in both Singapore and Malaysia, has completed the acquisition of Algonomy, an AI retail decision-making company headquartered in Bengaluru, India, expanding the combined group's presence.

London-headquartered Gorilla Technology deploys $232M bond proceeds across AI infrastructure in India, Indonesia, Thailand

London-headquartered Gorilla Technology Group (NASDAQ: GRRR) has raised aggregate gross proceeds of $232 million from two bond financings, directing the capital toward AI infrastructure programs in Indonesia, India, and Thailand.