FUTURE VENTURES
?100 Cr ACME Capital Venture Fundraise, by ACME Finvest alignings with India’s innovation goals for 2025 and ahead
ACME Capital Venture Fund, a ?100 crore initiative by ACME Finvest, has emerged as a significant player in India's VC landscape. Registered with SEBI, the Category I AIF aims to fuel innovation by investing in early-stage startups across deep-tech, green technologies, and consumer solutions.
Startup debate: Food apps meet today's needs, deep-tech will define future, says marketing guru
India must shift focus from consumer-tech to deep-tech sectors like AI, EVs, and semiconductors, says Rajendra Srivastava. Success needs long-term funding, patient capital, and consistent policy—elements China mastered. Building future tech giants demands uncomfortable changes but promises transformative growth for India’s tech and innovation landscape.
GreenLine invests $275m in Green Logistics; Nikhil Kamath invests $20m
Essar venture GreenLine Mobility aims to transform Indian trucking. The company secures $275 million for green logistics. Nikhil Kamath invests $20 million. GreenLine plans to deploy 10,000 LNG and EV trucks. A network of 100 refuelling and charging stations is planned. The company targets a reduction of 1 million tonnes of carbon emissions annually.
Australian cricketer Glenn Maxwell invests in India’s Drive FITT
Glenn Maxwell has ventured into the Indian startup scene by investing in Drive FITT, a sports fitness company co-founded by Preity Zinta and Shubman Gill. Maxwell's decision stems from his passion for fitness and coaching, viewing Drive FITT as a way to contribute to the sport's lasting value.
How Trump's TikTok negotiations were upended by China and tariffs
Under the plan, new investors would own 50% of a new American TikTok entity, while Chinese owners would retain less than 20%, the limit specified by the law. ByteDance told the White House that Beijing was comfortable with the general structure.
Adani Wilmar to be renamed AWL Agri Business from April 16
Adani Wilmar, the FMCG arm of Adani Group, will be renamed AWL Agri Business Limited starting April 16. The rebranding reflects the company’s strategic shift towards the agriculture and food sector. This move follows Adani’s decision last December to exit its $2 billion consumer goods joint venture with Wilmar International.
BPCL shares in focus after JV with Sembcorp to boost green hydrogen and renewables energy in India
Bharat Petroleum Corporation (BPCL) and Sembcorp Green Hydrogen India have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India. This collaboration aims to produce and sell renewable energy, green hydrogen, and its derivatives, potentially including green ammonia.
'India a growth powerhouse in a tariff-torn world'
Ontario Teachers' Pension Plan is adopting a cautious investment strategy amidst global volatility and tariff-related uncertainties. CEO Jo Taylor emphasizes long-term planning and risk assessment, highlighting the importance of strategic partnerships to navigate geopolitical risks and potential inflationary environments. Despite diplomatic tensions, OTPP remains committed to its investments in India, showcasing its willingness to be a brave, countercyclical investor.
Globalstar, Apple's satcom partner, joins the race to enter India's space communications market
Globalstar, Apple's satcom partner, seeks regulatory approval to offer services in India, joining Starlink, OneWeb, Amazon Kuiper, and Reliance Jio in the space communications market race. Globalstar has applied to IN-SPACe for authorization and is expected to apply for a GMPCS license. The company has also secured test spectrum for disaster management demonstrations.
BPCL, Sembcorp form JV to boost green hydrogen transition and renewable energy in India
Sembcorp Green Hydrogen India and Bharat Petroleum Corporation Ltd (BPCL) have formed a 50:50 joint venture to develop renewable energy and green hydrogen projects across India. The partnership will focus on producing and selling green hydrogen, its derivatives, and green ammonia, while exploring emissions reduction technologies for port operations.
Engineering software startup Rescale raises $115 million from Applied Materials, Nvidia
Rescale's software helps engineers simulate complex physical systems during the design process, for example by simulating how wind would flow around different design ideas for a race car before building a physical prototype. The new funding brings Rescale's total raised to date to more than $260 million.
Piyush Goyal says Indian startups are ready to shine, days after slamming venture ideas
Piyush Goyal says Indian startups have a promising global future. He spoke at FICCI's Foundation Day. He expressed optimism about India's economic growth. Goyal referred to his recent startup remarks. He challenged the current startup scene at Startup Mahakumbh 2025. He urged entrepreneurs to rethink their ventures. His comments sparked reactions from founders and investors.
Tata Sons chief N Chandrasekaran to group firms: Embrace AI or risk falling behind
Tata Electronics ranks among the top ten revenue-generating businesses within the Tata Group, with newer ventures demonstrating strong growth and profitability. Emphasizing the importance of embracing AI and technology, Tata Sons chairman N Chandrasekaran urged a focus on domestic growth amid a challenging geopolitical landscape.
View: India needs long-term strategy for fighter jet buys
The Ministry of Defence has restarted the procurement of 114 multi-role fighter aircraft after a seven-year delay. This move aims to foster the private sector in building a sustainable aerospace ecosystem, focusing on technology transfer and indigenisation. India's goal is increased self-reliance in defence manufacturing.
Mindless reels, quick money via gambling, no innovation? Piyush Goyal lists 5 reasons why India’s startups are losing their way
At the Startup Mahakumbh, Commerce Minister Piyush Goyal voiced concern over the direction of India’s startup ecosystem, contrasting it with China’s focus on deep-tech innovation. He called on entrepreneurs to pursue globally relevant ventures and move beyond instant delivery services. His sharp remarks, however, drew criticism from startup leaders including Zepto’s Aadit Palicha and former Infosys director Mohandas Pai, who questioned the government's support for deep-tech growth and urged collaboration instead of criticism.
This decade will mark India’s shift from service provider to global innovator: Former Niti Aayog CEO Amitabh Kant
The government had proposed setting up a new fund of funds for startups to boost early-stage investments, with a corpus of Rs 10,000 crore.Speaking at the Startup Mahakumbh, an event that seeks to promote innovation, Kant reiterated the Union government’s efforts to support companies in the deeptech category.
Bengaluru couple transforms daughter’s lemonade stand into a thriving pop-up restaurant in the U.S., making over $15,000 a month
Bengaluru-born Swetha and Venkat Raju's summer experiment with their daughter Mahati's lemonade stand evolved into Brooklyn Curry Project, now a popular pop-up attraction. Initially serving masala dosas, their culinary venture has thrived, attracting numerous customers and generating over $15,000 monthly. They aim to establish a permanent restaurant soon.
Why India still doesn’t not have its own ChatGPT or DeepSeek? Zepto CEO, a Stanford dropout, explains
Chinese startup DeepSeek's launch of its low-cost R1 large language model has sparked questions about India's lagging AI innovation. Zepto CEO Aadit Palicha attributes India's struggle to the absence of large, profitable internet companies, emphasizing the need for innovative, capital-generating enterprise to drive India's tech future.
Lance Lynn announces MLB retirement after 13 seasons, teases future baseball plans
Lance Lynn, a 13 year MLB veteran, has announced his retirement from professional baseball on his wife’s podcast, concluding a notable career with the St. Louis Cardinals and five other teams. Despite retiring from MLB, Lynn hinted at possible future baseball-related ventures, keeping fans curious about what's next after his stellar pitching career.
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