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Kerala's property market is witnessing a resurgence, particularly in Thiruvananthapuram, fueled by the newly commissioned Vizhinjam Port, which is expected to enhance demand and value. Land re-conversion is becoming essential as developers seek to create new residential and commercial spaces, addressing the previous sluggishness in the market. Meanwhile, Kochi is seeing a growing interest from NRIs, who now represent 30%-35% of buyers, although it still trails behind Thiruvananthapuram in new project approvals.
In June 2025, funding activity in Asia remains robust despite challenging macroeconomic conditions, with notable deals including India’s Udaan raising $114 million and China’s D-Robotics securing $100 million. A total of 58 deals worth over $575 million were reported recently, highlighting ongoing investor interest in the region's startups. Additionally, a new platform, Glasswall, aims to enhance transparency in fundraising by allowing founders to share feedback on investors.
Indian startups have successfully raised $134 million this week, showcasing a vibrant funding landscape. This influx of capital highlights the ongoing growth and potential within the Indian startup ecosystem, attracting attention from investors and stakeholders alike.
Zomato has launched a pilot program for an electric vehicle (EV) rental bike fleet in Delhi, featuring 300 bikes to support its goal of 100% EV-based deliveries by 2030. This initiative addresses financial barriers for gig workers, allowing them to access EV benefits without the high upfront costs. The shift towards EVs in food delivery is expected to drive demand for urban charging infrastructure, influencing future city planning and vehicle design.
Starlink has secured a license from India's Department of Telecommunications, allowing it to commence commercial operations in the country. This marks a significant shift in India's satellite policy, now permitting multiple foreign operators, including OneWeb and Reliance Jio, to compete in the growing satellite internet market. With Starlink expected to offer significantly higher capacity than its rivals, the competitive landscape is set to evolve, raising concerns among traditional telecom operators about potential regulatory advantages for satellite services.
Infosys has received a significant relief as the Directorate General of Goods and Services Tax Intelligence (DGGI) has closed a GST notice amounting to ₹32,403 crore. This development marks a crucial turning point for the company in its ongoing regulatory challenges.
Indian fintech firm Decentro has successfully raised $3.5 million in a Series B funding round. This investment marks a significant milestone for the company as it continues to expand its operations and enhance its offerings in the financial technology sector.
Indian fintech firm Decentro has raised $3.5 million in a series B funding round led by InfoEdge Ventures, with plans to relocate its parent entity from Singapore to India within 12 to 18 months. The company, which processes over $5.8 billion in annual payment volumes, focuses on KYC, payment management, and AI-driven debt collection, reflecting a shift towards infrastructure providers in India's maturing fintech landscape. Decentro's profitability and the evolving regulatory environment further support this trend, as the Indian fintech industry is projected to grow significantly by 2025.
Nazara Technologies has successfully completed the acquisition of Smaaash for INR 126 crore. This strategic move enhances Nazara's portfolio in the gaming and entertainment sector, positioning the company for further growth in the industry.
Lenskart has transitioned into a public entity in preparation for its upcoming IPO. This significant move marks a new chapter for the eyewear retailer as it seeks to expand its market presence and attract investors. The company is poised for growth in the competitive landscape of the optical industry.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
kerala property market rebounds as nri investments surge following vizhinjam port launch
11:50 07.06.2025
Asia's tech landscape thrives with significant funding deals amid challenges
11:30 07.06.2025
Indian startups secure 134 million dollars in funding this week
09:50 07.06.2025
Zomato pilots electric bike rentals to enhance sustainable delivery in India
06:20 07.06.2025
Starlink secures license to launch satellite internet services in India
05:20 07.06.2025
Infosys wins relief as DGGI dismisses 32403 crore GST notice
05:00 07.06.2025
Indian fintech company Decentro secures 3.5 million dollars in series B funding
03:01 07.06.2025
Decentro secures 3.5 million dollars in series B funding to enhance fintech infrastructure
02:30 07.06.2025
Nazara acquires Smaaash for 126 crore rupees in strategic move
22:28 06.06.2025
lenskart transitions to public company in preparation for upcoming ipo
21:57 06.06.2025
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