Enterprise search startup Glean has captured significant attention in the artificial intelligence (AI) sector by raising fresh capital at a stunning $7.2 billion valuation. The company’s latest funding round, backed by some of the top names in venture capital, reflects the growing investor appetite for AI-driven workplace productivity tools—and Glean’s strong positioning within that space. … Read more
In a significant boost to India’s deep-tech and clean mobility ecosystem, Vecmocon Technologies, a startup specializing in intelligent battery management systems (BMS) and electric vehicle (EV) components, has secured $18 million in its latest funding round. The round was led by the Ecosystem Integrity Fund (EIF), a California-based climate-focused venture capital firm, with participation from … Read more
In a key move aimed at boosting economic activity, the Reserve Bank of India (RBI) recently announced a repo rate cut of 25 basis points. This monetary easing has had a ripple effect across the banking sector, with several major banks revising their fixed deposit (FD) interest rates. Notably, Canara Bank, Axis Bank, Indian Bank, … Read more
Key Highlights of the RBI’s June 2025 Policy Decision 1. Repo Rate Cut to 5.50% The repo rate, the rate at which the RBI lends to commercial banks, was reduced by 50 basis points to 5.50%. This move aims to stimulate economic growth by making borrowing cheaper for businesses and consumers. 2. CRR Reduced to … Read more