RECENT ARTICLES

India
Physis Capital Announces Final Close of Maiden $41.8 million Fund

Physis Capital, a growth-stage venture fund founded by Vinay Bansal, Ankur Mittal, Mitesh Shah, and Vinod Bansal from Inflection Point Ventures, has successfully completed the final close of its first ₹400 crore fund(US$41.8 million). The fund received strong support from Indian institutions and family offices, which is a significant achievement during a period when fundraising […]

May 27, 2026
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Israel
Elbit Systems Acquires Blue White Robotics to Strengthen Autonomous Robotics Portfolio

Elbit Systems Ltd.’s FUSE has completed the acquisition of Blue White Robotics Ltd. (Bluewhite), a company that develops AI-powered autonomous technology for defense and off-road operations. Under the deal, FUSE purchased 100% ownership of Bluewhite. Founded in 2017 and based in Tel Aviv, Blue White Robotics Ltd. has developed an advanced off-road autonomous driving platform […]

May 27, 2026
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India
EMotorad Appoints Himanshu Ratnoo as Cofounder

Electric bicycle startup EMotorad has appointed former India CEO Himanshu Ratnoo as a cofounder. His appointment comes as EMotorad plans to strengthen its leadership team, expand its business globally, and enter new mobility segments. Ratnoo, who studied at Indian Institute of Management Calcutta, joined EMotorad two months after leaving CARS24, where he was leading the […]

May 27, 2026
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Israel
Phytolon Raises $23.6 million in Series B Round

Phytolon, a biotech company developing fermentation-based natural food color solutions, has raised US$23.6 million in a Series B funding round. The company plans to use the investment to commercialize its natural food colors in the US market. The funding reflects growing demand for natural, affordable, high-performing, and sustainable alternatives to synthetic food dyes. The funding […]

May 26, 2026
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Israel
Olympus Corporation Expands Prostate Cancer Care Business with Acquisition of BioProtect Ltd.

Olympus Corporation, a global MedTech company focused on endoscopy-based healthcare, has announced that it has signed an agreement to acquire BioProtect Ltd. BioProtect develops medical devices designed to improve cancer treatment through advanced spacing solutions. The acquisition is part of Olympus strategy to expand its presence in oncology and urology while focusing on advanced medical […]

May 26, 2026
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RECENT ARTICLES

Pakistan
Pakistan and Alibaba Partner to Boost AI, Cloud, and E-Commerce Growth

Shehbaz Sharif visited the headquarters of Alibaba in Hangzhou on Sunday, where he was warmly welcomed by Alibaba Chairman Joe Tsai. Senior ministers, Pakistani government officials, and top Alibaba executives were also present during the visit. Shehbaz Sharif and Joe Tsai attended the signing ceremony of several strategic agreements and MoUs between Alibaba and Pakistani […]

May 26, 2026
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India
upGrad Appoints Mukesh Mundra as Chief Financial Officer

upGrad has appointed Mukesh Mundra as its new Chief Financial Officer (CFO) ahead of its planned acquisition of Unacademy. Mundra joined the company founded by Ronnie Screwvala after working at JioStar as finance head. Before that, he spent more than eight years as CFO at Viacom18, where he handled financial planning and business transformation. He […]

May 26, 2026
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India
Flexprice Raises $1.5M Seed Round Led by Shastra VC, with participation from TDV Partners and Anupam Mittal

Flexprice, an open-source billing platform designed for AI and API-focused businesses, has raised $1.5 million in a seed funding round. The round was led by Shastra VC and co-led by Anupam Mittal and TDV Partners, which also increased its earlier investment in the company. After its first funding round in July 2025, Flexprice used the […]

May 26, 2026
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India
Fairdeal.Market raises $15 million in series A round led by Bertelsmann India Investments

Fairdeal.Market has raised US$15 million (about Rs 142.8 crore) in a Series A funding round. The investment was led by Bertelsmann India Investments, with support from WaterBridge Ventures and Incubate Asia Fund. Fairdeal.Market currently operates in the Delhi NCR region and is expanding its network of retailers, dark stores, and brand partnerships. The company will […]

May 26, 2026
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Israel
Amdocs Boosts AI Growth with Acquisition of Yess

Israeli software company Amdocs is increasing its focus on artificial intelligence by hiring the founders and development team of startup Yess. Yess is a small startup founded in 2023 that develops autonomous AI agent systems and has mostly stayed out of the public spotlight. The companies did not reveal the financial details of the deal, […]

May 26, 2026
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