Celcius Logistics, India’s only domestic aggregator providing end-to-end cold-chain solutions, has secured INR 40 crore in a pre-series B funding round, led by existing investor IvyCap Ventures. Other marquee investors include Mumbai Angels and Caret Capital. The platform connects shippers and transporters and is a one-stop solution for all cold chain requirements, ensuring last mile […]
3AI Holding Limited and SML India, today announced the launch of ‘Hanooman’, India’s homegrown largest multilingual and most affordable GenAI platform in 98 global languages.
Mirroring the global trend, Indian private equity and venture capital (PE-VC) investment softened by ~35% from ~$62 billion in 2022 to ~$39 billion in 2023, returning to pre-Covid-19 activity levels. PE investments displayed comparative resilience, with a 18% decline vs. VC activity, as large-scale dealmaking persisted for high-quality assets. 2023 saw a fundamental paradigm shift […]