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AMD engages India for local GPU development with significant investment plans

AMD is currently in discussions with India to enhance its indigenous GPU capabilities. The company is on track with a significant investment of $400 million aimed at bolstering its presence in the region.

FlexiLoans secures 375 crore funding to enhance product offerings

FlexiLoans, a non-banking financial company (NBFC), has secured INR 375 crore in funding to enhance its product offerings. This investment aims to strengthen the company's position in the market and expand its services to better meet customer needs.

Infibeam plans to enhance AI initiatives with 700 crore rights issue funds

Infibeam plans to utilize the proceeds from its INR 700 crore rights issue to enhance its artificial intelligence initiatives. This strategic move aims to strengthen the company's position in the rapidly evolving AI sector.

Apple Developer Conference Updates Highlight Evolutionary Changes in Product Offerings

Apple Inc. focuses on designing, manufacturing, and marketing computer hardware and music support, with net sales primarily from telephone products (51.4%), followed by peripheral devices (9.5%), computers (7.7%), music support (6.8%), and other services (24.6%). Geographically, sales are distributed as follows: Americas (42.7%), China/Hong Kong/Taiwan (17.1%), Japan (6.4%), Asia/Pacific (7.9%), and Europe/India/Middle East/Africa (25.9%).

Giva plans to secure 450 crore funding from Creaegis and others

D2C jewellery startup GIVA is set to raise INR 450 crore from Creaegis and other investors. This funding round aims to bolster the company's growth and expand its market presence in the competitive jewellery sector.

Finhaat's Innovative Approach to Expanding Insurance Access in Rural India

Finhaat is revolutionizing the insurance landscape in India's rural markets by providing accessible and affordable insurance solutions tailored to the needs of underserved communities. The initiative aims to enhance financial security and promote awareness about the importance of insurance among rural populations. Through innovative strategies, Finhaat is bridging the gap between traditional insurance offerings and the unique challenges faced in these regions.

Rapido secures 125 crore funding to expand into food delivery and fintech

Rapido is set to raise ₹125 crore from Nexus Ventures as part of its strategy to expand into food delivery and fintech sectors. This funding will support the company's growth initiatives and enhance its service offerings in these emerging markets.

Momo secures 85 crore INR in debt financing from Stride Ventures

Wow! Momo has successfully raised INR 85 crore in debt financing from Stride Ventures. This funding will support the company's growth initiatives and expansion plans in the competitive market.

flick tv secures 2.3 million dollars for india's first micro-drama platform

Flick TV has successfully raised $2.3 million in seed funding to develop India's first micro-drama OTT platform. This innovative venture aims to cater to the growing demand for short-form content in the Indian entertainment landscape. The funding will support the platform's launch and content creation efforts.
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