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Mushin Labs raises $250K in seed series round led by Inflection Point Ventures

Mushin Innovation Labs, a pioneering SaaS startup, is transforming the automotive manufacturing industry with its advanced digital solutions. Read more

Lithium-ion battery storage: India’s import dependency to fall to 20% by FY27

The GoI has taken initiatives on several demand-side measures, such as Faster Adoption and Manufacturing of Electric Vehicles (FAME) scheme, Viability Gap Funding (VGF) scheme for Battery Energy Storage System (BESS), helping to bring down cost of EV and BESS, thereby stimulating demand. Read more

Honeywell India partners with IISc to support deep science startups

HHSIF has extended research and financial support to over 40 Indian startups and nine entrepreneurs-in-residence (EIRs) through this collaboration.Read more

Zetwerk eyes $1 billion IPO to boost growth

The company’s platform facilitates connections between suppliers and clients across industries, including aircraft engine manufacturing, consumer electronics, and home appliances. Read more

Green Steel firms poised for growth as EU carbon tariffs approach

The CBAM policy is driving established players like India’s JSW Steel to expand their low-emission operations.Read more

France’s Exxelia acquires 70% stake in Indian magnetic component maker SVM

With this with strategic investment in SVM, Exxelia expands footprint in India and enhances its magnetics offering for medical and adds busbars to its power electronics passive components portfolio.Read more

MAGIC selected for DPIIT's Startup India Manufacturing Incubator Initiative

This initiative aims to fuel innovation within India's manufacturing sector, creating new opportunities for manufacturing-focused startups.Read more

Cummins India releases Q3 FY24-25 results- PAT stands at Rs 4.51 billion

Total sales for the quarter at Rs 24.48 billion higher by 31% compared to the same quarter last year and higher by 8% compared to the previous quarter.Read more

INOX secures contract from Highview Power, UK for world's largest LAES project

This is the first instance of cryogenic tanks being used at industrial scale for clean energy storage.Read more

Emerson proposes $15 billion buyout to acquire remaining AspenTech stake

Under the new proposal, Emerson would pay $240 per share in cash, amounting to around $6.53 billion for the stake it does not own.Read more

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