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Daily Indian Funding Roundup & Key News – 15 July 2025: Trupeer.ai Raises $3M, Tesla Enters India, WeWork IPO Nod & More

From a $170M secondary exit in analytics to Tesla driving into India on 15 July 2025, it packed a punch. Plum is betting INR 200 Cr on digital health, WeWork India is IPO-ready, and Infibeam’s rights issue flew off the charts. On the funding front, early-stage bets on Trupeer.ai and The Wedding Company hint at investor appetite for AI and luxury tech. Here’s a quick and crisp roundup of today’s key funding and business news in India.

Daily Indian Funding Digest – 15 July 2025

Company Name	Funding Amount	Stage	Investors
Fractal Analytics	$170 million	Secondary Sale	Apax Partners, TA Associates
Trupeer.ai	$3 million	Seed Round	RTP Global (lead), angel investors
The Wedding Company	$1 million	Pre‑Seed Round	LVX (formerly LetsVenture), Tremis Capital, Chaitanya Ramalingegowda, Ajith Pai, Arash Ferdowsi
Dial4242	₹9 crore	Pre‑Series A	Multiple angel investors
Allcargo Terminals Ltd	₹38.28 crore (warrants)	Strategic Capital	Promoters via convertible warrants
PayU India	₹303 crore	Internal Capital	Infusion from parent company Prosus NV

Fractal Analytics Secures $170 Million via Secondary Sale

Mumbai‑based analytics firm Fractal Analytics has raised $170 million through a secondary share sale. The deal allowed Apax Partners a partial exit, while TA Associates took up additional stakes.

Trupeer.ai Raises $3 Million to Drive AI Video Creation

Bengaluru‑based Trupeer.ai, which turns screen recordings into AI-generated videos, has secured $3 million in a seed round led by RTP Global, with support from several angel investors. The platform already serves over 10,000 teams in more than 50 languages.

The Wedding Company Closes $1 Million Pre‑Seed Round

Luxury wedding‑planning platform The Wedding Company has raised $1 million in a pre‑seed round co‑led by LVX (formerly LetsVenture) and Tremis Capital. The round also saw investment from notable angels: Chaitanya Ramalingegowda (Wakefit co‑founder), Ajith Pai (COO of Delhivery), and Arash Ferdowsi (Dropbox co‑founder). The funds will support expansion into new cities, further development of its tech platform, and growing its vendor network.

Ambulance Startup Dial4242 Raises INR 9 Crore in Pre‑Series A

Mumbai‑based Dial4242, a health‑tech platform connecting users to ambulance services, has raised INR 9 crore in its pre‑Series A round. The funding came from a group of angel investors and will be used to broaden its reach beyond Tier‑I cities and improve operational infrastructure.

PayU India Receives INR 303 Crore from Parent Prosus NV

Fintech giant PayU India has received an internal capital infusion of INR 303 crore from its parent, Prosus NV. The funds are expected to support local operations, product development initiatives, and future growth strategies.

Allcargo Terminals to Raise INR 38.28 Crore via Convertible Warrants

Allcargo Terminals Ltd plans to raise INR 38.28 crore through the issuance of preferential convertible warrants to its promoters. Priced at INR 72.73 per warrant, each can be converted into equity within 18 months. The move aims to enhance working capital and fund business expansion.

Key News Highlights for 15 July 2025

WeWork India Gets SEBI Nod for IPO

WeWork India has received final approval from SEBI to go public. The flex-space giant is planning an INR 1,000 crore IPO, with proceeds likely directed toward expansion and debt repayment. The listing is expected to hit the markets later this year, marking a major milestone in India’s co-working sector.

Plum Commits INR 200 Cr to Digital Health Innovation

Employee health insurance platform Plum has announced an investment of INR 200 crore towards building a comprehensive digital health ecosystem. This move signals its pivot from being a pure-play insurance provider to a preventive healthcare enabler, offering virtual care services, health assessments, and chronic disease management. The investment will be spread over the next 18-24 months.

Infibeam Avenues’ ₹700 Cr Rights Issue Oversubscribed 14x

Fintech and e-commerce infrastructure firm Infibeam Avenues has seen overwhelming investor interest in its INR 700 crore rights issue, which was oversubscribed by 14 times. The funds will be utilised for strengthening AI-driven platforms, scaling global operations, and launching new fintech offerings.

PhonePe Appoints Ex-Meta Policy Head as VP – Government Affairs

PhonePe has appointed Rahul Shivshankar, former Director of Public Policy at Meta, as its new Vice President, Government Affairs. His role will be crucial in managing regulatory relations and shaping policy frameworks as the fintech major expands its influence in UPI, digital payments, and financial services.

Tesla Launches Mumbai Showroom; Partners with Acko for Insurance

Tesla has officially opened its first Indian showroom in Mumbai, taking a concrete step toward entering the Indian electric vehicle market. The EV giant has also partnered with insurtech startup Acko to offer customised insurance packages for Indian buyers. The launch reflects Tesla’s broader strategy to localise its offerings and build a regional footprint.

July 15, 2025

Trupeer.ai Raises $3M Led by RTP Global to Unlock AI Videos for Business Workflow Communication

Over 10,000 teams use Trupeer to turn raw screen recordings into instant, studio-quality product videos across 50+ languages for product marketing, customer success and training in seconds.

Every product demo starts with a screen recording. But for most teams, turning that into something polished can mean hours of editing, painful handoffs, or bloated video tools. Trupeer, the AI video platform built specifically for software and business workflows, has raised $3 million to change that.

The seed funding round was led by RTP Global, with participation from Salesforce Ventures following Trupeer’s win at the Salesforce AI Pitchfield, and a consortium of over 20 CIO and CTO angel investors from Fortune 500 companies. This round supports Trupeer’s mission to reinvent how teams create product videos, tutorials, and walkthroughs. With a single raw screen recording, Trupeer’s AI engine can produce a clean, professional video in seconds, complete with AI voiceovers, avatars, highlights, and the ability to translate video instantly into 50+ languages.

Trupeer was founded by Shivali Goyal and Pritish Gupta, who saw a pattern across teams: product knowledge was hard to share, and even harder to scale. They experienced this firsthand, Shivali while driving digital transformation projects at BCG, and Pritish while leading large teams at fast-growing startups. That one insight led to hundreds of conversations with SaaS founders, IT leaders, and customer teams – all looking for a faster, more flexible way to create high-quality product marketing and training content.

“Software should be easy to explain. But until now, making good product videos meant spending hours editing or thousands of dollars on production,” said Shivali Goyal, CEO and co-founder of Trupeer. “We built Trupeer so anyone can turn a simple recording into a polished video that’s clear, searchable, and ready to scale, without needing any professional video skills.”

With Trupeer, teams drop in a rough recording of a demo, a process walkthrough or an internal how-to, and the platform handles the rest. Its multi-modal AI pipeline removes filler words, generates studio-quality voiceovers, adds intelligent zooms and subtitles, tracks cursor actions, and inserts a humanlike AI avatar for a more engaging delivery. Alongside the video, Trupeer automatically generates step-by-step documentation with screenshots and summaries, giving users everything they need to explain a product clearly, instantly, and at scale.

Unlike traditional video editors or generic screen recorders, Trupeer is built to meet the speed and complexity of modern businesses. Its AI personalization layer creates multiple versions of a single video, tailored by audience, language, or brand style, and lets teams share them instantly through public links or embedded formats.

Trupeer is already being used by over 10,000 teams globally, from fast-growing startups to Fortune 500 companies. As a result, teams are going live with customers faster, cutting support tickets, and slashing training time across departments.

Trupeer’s momentum also reflects a broader shift: video has become the dominant format for sharing knowledge, and teams need faster, more adaptable tools to keep up.

“Trupeer is reimagining content creation by turning what was once complex, costly, and manual into a fast, automated, and scalable process. From onboarding to support and training videos, they’re making high-quality product content accessible in minutes”, said Madhur Makkar, RTP Global. “We’ve been incredibly impressed by the positive feedback Trupeer has garnered from its users—they’re clearly building something that resonates with a passionate customer base. We’re excited to support Shivali and Pritish as they build a defining company in AI-powered content infrastructure.”

Looking ahead, Trupeer is expanding beyond screen recordings. The team is building new ways to generate video from documents, personalize content at scale, and integrate natively with the tools where teams already work, from CRMs to learning platforms. Longer term, the vision is bigger: a system that doesn’t just create product knowledge, but acts like a common brain for organisations; allowing anyone, anywhere to create, share and access every single piece of information, workflow and process that exists in the workspace. Trupeer started with a vision to make technology accessible for all, and this fundraise is the first step in that direction.

About Trupeer

Trupeer is an AI-powered platform that transforms screen recordings into studio-quality product videos, automatically. Designed for fast-moving teams in product, support, sales, and training, Trupeer helps businesses scale software content without scaling production teams. From removing pauses and filler words to adding dynamic cuts, zooms, voiceovers, and translations, Trupeer creates polished, professional videos in minutes, along with step-by-step guides and documentations. Backed by RTP Global, Salesforce Ventures and a consortium of over 20 CIO and CTO angel investors from Fortune 500 companies. Trupeer is trusted by thousands of teams globally to make product documentation and enablement 10x faster, smarter, and easier.

About RTP Global

RTP Global is an early-stage venture capital firm, backing the founders who use technology to reimagine how the world works. Since 2000, RTP Global has made over 150+ investments worldwide, with one in 10 becoming multi-billion dollar companies and one in 20 publicly trading at over $10bn. Notable investments include Datadog, DeliveryHero, Cred and SumUp. RTP Global has offices in New York, London, Paris and Bangalore.

July 15, 2025
Top 10 Leading Pharmacy Franchise Business Opportunities in India
India is the third-largest pharmaceutical market globally by volume and is expected to reach $130 billion by 2030. Following the pandemic, health awareness has skyrocketed, making pharmacies a highly profitable venture. While starting an independent medical store involves regulatory hurdles and significant capital, buying a pharmacy franchise simplifies the process.

Franchisees benefit from brand recognition, established supply chains, and better pricing. Entrepreneurs can also opt for online pharmacy franchises, a growing trend in India’s $27+ billion pharma export ecosystem. This model offers lower setup costs and flexible hours but demands strong delivery logistics and seamless digital payment systems. In this article, we will explore the top pharmacy franchise businesses in India and how you can get started.

India’s Booming Pharmacy Market: A Glimpse into 2025 and Beyond
- India’s pharmacy market is set to touch US$44.05 billion in 2025, and the momentum is only building.
- With a steady CAGR of 4.8% (2025–2029), it’s projected to grow to a massive US$53.13 billion by 2029.
- While the U.S. leads globally with over US$403 billion in revenue, India is rising fast, with US$30.28 billion in revenue per person in 2025 alone.
10 Best Pharmacy Franchise Options for Entrepreneurs in India

Starting a pharmacy franchise in India in 2025 can be a highly profitable and stable business, especially if aligned with the right brand. With rising health consciousness, booming e-pharmacies, and government support, the pharma retail sector is ripe for growth.

These top 10 brands offer a mix of affordability, brand recognition, and solid operational support. Moreover, they are ideal for both first-time entrepreneurs and seasoned investors; they ensure quicker setup and smoother operations.

DavaIndia Generic Pharmacy

Founded 1995

Stores 550+ across 23 states

Initial Investment INR 6–7 lakhs

Franchise Fee INR 1.5 lakhs

Space Required Min. 200 sq. ft

DavaIndia – Top 10 Leading Pharmacy Franchise Opportunities

DavaIndia, a venture by Zota Healthcare Ltd., is a fast-growing pharmacy chain focused on affordable generic medicines. With the same active ingredients as branded drugs, DavaIndia offers quality healthcare at a fraction of the price. Since launching its first store in 2017, it has scaled rapidly across India. Ideal for entrepreneurs interested in pharma, ayurveda, or nutraceuticals, this low-investment franchise offers strong margins and rising consumer demand.

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MedPlus

Founded 2006

Stores 3,500+ pan India

Initial Investment INR 12–15 lakhs

Franchise Fee INR 5 lakhs

Space Required 300 sq. ft and above

MedPlus – Top 10 Leading Pharmacy Franchise Opportunities

MedPlus is one of India’s largest and most trusted pharmacy chains, offering medicines, diagnostics, and general wellness products. With a hybrid offline-online presence, it provides franchisees access to its centralized procurement system, tech platform, and customer loyalty programs. Ideal for those seeking scale and consistency.

SastaSundar Healthbuddy

Founded 2013

Stores 200+

Initial Investment INR 5–8 lakhs

Franchise Fee INR 2 lakhs

Space Required Min. 150 sq. ft

SastaSundar – Top 10 Leading Pharmacy Franchise Opportunities

SastaSundar offers both online and offline pharmacy solutions with a focus on affordable, authentic medicines. Backed by Flipkart (Walmart), it combines digital convenience with retail reach. The “Healthbuddy” franchise model allows partners to offer medicines, wellness products, and lab tests under one roof, making it ideal for Tier 2 and Tier 3 markets.

PharmEasy

Founded 2015

Stores 250+

Initial Investment INR 11–12 lakhs

Franchise Fee INR 2.5–3 lakhs

Space Required 250–300 sq. ft

PharmEasy – Top 10 Leading Pharmacy Franchise Opportunities

PharmEasy, one of India’s top e-pharmacy platforms, has entered the offline space with tech-integrated retail stores. Franchisees benefit from PharmEasy’s strong brand recall, tech support, and online-to-offline customer flow. It’s ideal for those looking to enter a future-ready pharmacy model backed by deep digital capabilities.

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Care Pharmacy

Founded 2017

Stores 100+ (primarily in South India)

Initial Investment INR 6–10 lakhs

Franchise Fee INR 2.5–5 lakhs

Space Required 250 sq. ft

Care Pharmacy – Top 10 Leading Pharmacy Franchise Opportunities

Care Pharmacy offers a wide range of medicines, surgicals, and personal care products, with a focus on affordability and community trust. It supports its franchisees with inventory sourcing, digital billing tools, and staff training.

Living Healthy 24

Founded 2016

Franchising Since 2019

Initial Investment INR 20 lakhs onwards

Space Required 200–400 sq. ft

Living Healthy 24 – Top 10 Leading Pharmacy Franchise Opportunities

Living Healthy 24 is an integrated healthcare service brand launched by Culmination Healthcare Pvt. Ltd. Built around the vision of “Healthcare for All,” the brand offers a complete suite of services, including authentic medicines, diagnostic tests, and doctor consultations, all under one roof. It is also set to expand its digital presence through a health portal and mobile app to enhance accessibility and convenience for users.

Sanjivani Pharmacy

Founded 2006

Franchising Since 2015

Franchise Units 200+

Initial Investment INR 13–15 lakhs

Franchise Fee INR 2.5 lakhs

Sanjivani – Top 10 Leading Pharmacy Franchise Opportunities

Sanjivani Pharmacy is a fast-growing pharmaceutical retail chain offering a wide range of branded, generic, Ayurvedic, and wellness products. With its mission to provide affordable healthcare, the brand supports franchisees with supply chain access, store design, marketing, and operational training. Entrepreneurs can opt for offline retail outlets or explore the online pharmacy model, which the brand actively promotes in emerging markets.

EMEDIX

Founded 2016

Franchising Since 2018

Initial Investment INR 5 lakhs onwards

EMEDIX – Top 10 Leading Pharmacy Franchise Opportunities

EMEDIX is a tech-enabled pharmaceutical retail brand committed to bridging the healthcare access gap between urban and rural India. Initially launched as an online pharmacy, EMEDIX now offers a hybrid model combining doorstep medicine delivery, digital prescriptions, and flexible payment solutions. It aims to make quality healthcare accessible even in remote regions by allowing customers to upload prescriptions digitally and receive timely deliveries.

Medspres

Founded 2019

Franchising Since 2021

Franchise Units 100+

Initial Investment INR 6–8 lakhs

Franchise Fee INR 1.5–2 lakhs

Medspres – Top 10 Leading Pharmacy Franchise Opportunities

Medspres is a rising player in India’s pharmacy franchise landscape, offering branded and generic medicines, wellness products, and healthcare essentials under one roof. Known for its competitive pricing and lean franchise model, Medspres supports partners with supply chain integration, inventory training, and store setup assistance. Its flexible franchise plans, low startup costs, and operational guidance make it an ideal opportunity for entrepreneurs in Tier 2 and Tier 3 cities looking for a stable healthcare business.

Medlife Pharmacy

Founded 2014

Franchising Since 2017

Franchise Units 800+

Initial Investment INR 1–3 lakhs

Franchise Fee INR 20,000

Medlife – Top 10 Leading Pharmacy Franchise Opportunities

Medlife International Pvt. Ltd., founded by Tushar Kumar and Prashant Singh, started as India’s largest online pharmacy, delivering over 20,000 medicines across 29 states. The brand recently diversified into offline retail by launching its Medlife Pharmacy franchise model, offering a low-cost entry for aspiring entrepreneurs.

Conclusion

The pharmaceutical industry in India is not just booming – it is undergoing a rapid transformation. With increasing healthcare awareness, rising demand in Tier 2 and 3 cities, and a massive shift towards digital healthcare, pharmacy franchises offer a rare blend of profitability, purpose, and scalability.

You can step into a recession-proof, high-growth industry with pharmacy franchises’ backing of trusted brands, proven business models, and strong supply chains, whether you’re a first-time entrepreneur or an experienced investor. Pharmacy franchises may be your best bet for combining business and impact, delivering essential medicines while building wealth.

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FAQs

How much investment is required to start a pharmacy franchise in India?

Initial investments typically range from INR 1 lakh to INR 20 lakhs, depending on the brand and store model.

Is opening a pharmacy franchise profitable in India?

Yes, opening a pharmacy franchise in India is highly profitable due to rising health awareness, increased demand post-pandemic, and growth in e-pharmacy trends.

What is the minimum space required for a pharmacy franchise in India?

The required space typically ranges from 150 to 400 sq. ft, depending on the franchise.
July 15, 2025
Tesla Hits the Road in India with Model Y Launch

With the launch of its first dealership in Mumbai’s Bandra Kurla Complex, Tesla has made its debut in the Indian market. The Model Y, which will be priced at INR 59.89 lakh for the entry-level RWD form and INR 67.89 lakh for the long-range variant, will serve as the brand’s representation in the nation.

In the meantime, the car costs INR 61.07 lakh and INR 69.15 lakh on the road, respectively. In the US, the Model Y costs $46,630, or roughly INR 40.01 lakh; in China, it costs 263,500 yuan, or roughly INR 31.57 lakh; and in Germany, it costs 45,970 euros, or roughly INR 46.09 lakh.

Because of import taxes and delivery charges, the Indian edition is therefore among the priciest. because the model is offered for sale in the nation as fully constructed units (CBUs). As a result, Indian consumers are experiencing inflation.

Tesla’s Sales Hit Low in China and Europe

At a time when its sales in China and Europe are declining, Tesla is making its debut in the Indian market with the vehicle Y as its flagship vehicle. The business reportedly transported its first shipment of Model Y rear-wheel drive SUVs to India from its China plant.

Additionally, before deliveries start, the business plans to deploy superchargers in India. It would initially concentrate on Mumbai and Delhi.

Battery packs are available for the Tesla Model Y rear-wheel-drive variant in India: a 60 kWh and a larger 75 kWh model. One electric motor producing 295 horsepower powers this RWD model. With a full charge, the 60 kWh battery is supposed to have a WLTP range of 500 km, whilst the long-range model promises a range of 622 km.

Indian Government Assures No Special Treatment

Piyush Goyal, the minister of commerce and industry, reiterated earlier this year that India will not create policies specifically for any one business.

Rather, the government wants to construct a wide framework that will entice international EV manufacturers to set up production facilities in India, which is currently the largest economy with the highest rate of growth in the world.

In order to lessen carbon emissions and the nation’s significant reliance on oil imports, Goyal also underlined the government’s dedication to developing a strong EV ecosystem. The Tesla Model Y will come with two interior trim options and seven exterior colour options in India.

The car also has a fixed glass roof, a motorised tailboard, dual-zone climate control, power-adjustable front seats and steering column, a 15.4-inch touchscreen screen in front, an 8-inch display for the backseaters, and 19-inch crossflow wheels.

July 15, 2025
Plum Bets Big on Digital Health with INR 200 Cr Investment

Plum, an insurtech business based in Bengaluru, has allegedly committed INR 200 Cr ($23.3 Mn) for the next three to four years in order to develop into full-stack digital health services. The Tiger Global-backed business is launching Plum Health to provide working professionals throughout India with AI-powered health tracking, teleconsultations, and diagnostic services.

The money will be used to hire clinical and engineering personnel, build IT infrastructure, scale collaborations, and launch go-to-market campaigns, according to a media report that quoted Plum’s cofounder and CEO, Abhishek Poddar.

This investment will be heavily focused on technology. He went on to say that the financing will support the startup’s expansion strategy. Cash reserves and earnings from Plum’s main insurance operation will be used to fund it.

Prayat Shah to Lead the Healthcare Vertical

Prayat Shah, the founder of the healthtech startup Wellthy Therapeutics, is also joining Plum to head the healthcare division. Shah worked as a consultant for firms like KPMG and PwC Consulting before joining Wellthy Therapeutics about ten years ago.

Plum is a B2B insurtech platform that works with startups and SMEs to offer insurance, healthcare, and well-being benefits to staff members. It was founded in 2019 by Poddar and Saurabh Arora. The Bengaluru-based business has developed algorithms for fraud detection and underwriting that let businesses take advantage of group insurance.

Plum collaborates with companies including Zomato, Swiggy, SmallCase, WeWork, and others, according to the company’s website. According to Plum, it serves over 500K people and has over 4,000 customers overall.

In total, Plum has raised $20.6 million since its founding. Among them are Sequoia Capital, Tracxn Labs, Incubate India, Tanglin Venture Partners, Incubate Fund, and Gemba Capital. It faces competition from companies like Onsurity, Nova Benefits, and Pazcare.

Healthcare Sector Became a Lucrative Platform for Indian Startups

The move coincides with a flurry of activity as several new businesses are putting their money on the expanding healthcare industry. For example, less than a month ago, Amazon India introduced Amazon Diagnostics, an at-home healthcare service.

Additionally, the board approved PB Fintech, a prominent insurtech company, to merge PB Healthcare, its healthcare division. In May of this year, the vertical raised $218 million in its initial round of funding, which was headed by General Catalyst.

To support their expansion aspirations, investors are swarming into the healthtech sector. According to recent data from a media house, the healthtech industry closed 29 agreements totalling $377 million in the first half of this year. While Dozee raised INR 71.5 Cr in a combination of financing and equity earlier in March, CureBay raised $21 million in May.

July 15, 2025
Intel to Slash 4,000 Jobs by Mid-July in Major Restructuring Push

As part of a company-wide restructuring spearheaded by new CEO Lip-Bu Tan, Intel Corporation has announced a new round of layoffs that will impact 2,400 more employees, bringing the total number of job cuts to almost 4,000 nationwide.

Almost 2,400 jobs will be lost in Oregon alone, making this one of the biggest tech layoffs in Oregon’s history. The cuts will be implemented by mid-July and will affect several US states, including California, Arizona, and Texas.

Intel, a major R&D centre with more than 20,000 employees in Oregon, will lay off more than 1,500 workers at its Ronler Acres complex in Hillsboro. The action highlights the company’s changing priorities and budgetary limitations in the face of the semiconductor industry’s rapid transformation.

Intel-Oregon’s Tech Pillar

Intel has long been a mainstay of Oregon’s tech economy and the state’s largest employer in the private sector. The average annual pay for semiconductor employment in the state is $180,000, which is far more than the state median.

It is anticipated that the layoffs will have an effect on consumer spending and state tax receipts throughout the Oregon economy. CEO Lip-Bu stated that Intel was truly in the lead twenty or thirty years ago. According to reports, earlier this week, Tan informed staff, “Now… we are not in the top 10 semiconductor companies,” highlighting the need for a restructuring.

It has taken years for Intel to start declining. It has lost its position as the undisputed leader in the global semiconductor business to Taiwan Semiconductor Manufacturing Co. (TSMC), which now provides cutting-edge processors to firms like Apple and Nvidia.

Intel Failed to Capture AI Chip Market

Additionally, Nvidia, which produces the GPUs that power the majority of massive AI models and data centres, has surpassed Intel in the market for AI chips. Tan acknowledged that Intel must now shift its focus to related AI and edge computing technologies since it is “too late” to lead in AI training chips.

A significant restructuring of Intel’s core business is indicated by the company’s decision to leave the automotive chip business, outsource its marketing to Accenture, and reduce employment in the Foundry Division by 20%. Known for his experience in semiconductors and venture finance, including his work with Cadence Design Systems, Lip-Bu Tan assumed the role of CEO earlier this year.

His strategy mainly focusses on optimising processes and bringing Intel back to profitability through technological alliances and cost reductions. Intel continues to collect about $260 million in tax benefits from Oregon each year while restructuring is going on; this could come under scrutiny if future expansion plans are postponed or abandoned completely.

July 15, 2025
The Wedding Company Raises $1 Million Pre-Seed Round to Revolutionize Wedding Planning in India

The Wedding Company, a full-stack wedding planning and fulfillment platform, announced today that it has raised $1 million in a pre-seed funding round from a group of marquee investors. The round was led by LVX (previously LetsVenture), Tremis Capital, with participation from other notable angels, including Chaitanya Ramalingegowda, Wakefit cofounder, Ajith Pai, Delhivery COO, and Arash Ferdowsi, Dropbox cofounder.

The funds will be used to expand operations into new cities, invest in product and technology, and build a strong vendor partner network to standardize wedding service delivery at scale. The Wedding Company is building India’s first tech-enabled wedding planning platform, streamlining the $130B unorganized wedding market. From venues and photography to décor, catering, and logistics, The Wedding Company delivers a superior customer experience by offering reliable professional wedding services across all key categories without pinching customers’ pockets. Launched in 2023, The Wedding Company has already fulfilled INR 60 Cr (~$7.2M) worth of wedding service orders, managing 1,000+ weddings across 8 cities. In just 24 months, monthly order bookings have scaled 100x, surpassing INR 10 Cr in service orders and INR 1 Cr in net monthly revenue, making The Wedding Company one of the fastest-growing startups in the category.

“Weddings in India are large, emotional, and logistically complex,” said Pawan Gupta, co-founder of The Wedding Company (YC, MIT alum). “While the market is massive, there is no trusted brand managing fulfillment at scale. TWC is building tech-led, quality-assured, and operationally deep digital wedding planning and fulfilment experience”

“We believe The Wedding Company is solving a high-friction, high-value problem in one of India’s largest consumer categories,” said Chaitanya Ramalingegowda, Wakefit cofounder. “The team’s execution velocity and market insight stood out.”

The Wedding Company was founded by second-time entrepreneurs and backed by experienced operators and investors who’ve built some of India’s leading consumer brands.

About The Wedding Company

The Wedding Company is India’s first full-stack wedding planning and fulfillment platform, enabling modern Indian couples to plan, book, and execute their dream weddings effortlessly. Operating across multiple cities, TWC curates verified vendors, offers best competitive deals, and manages end-to-end execution — all to craft truly memorable wedding experiences.

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July 15, 2025
C.S. Panchal and Co.: Seven Decades of Excellence in Cam Component Manufacturing

New Delhi [India], July 15: Established in 1960, C.S. Panchal & Co. has carved a niche for itself in the manufacturing sector, specializing in high-quality cam components for various industries, including textiles, pharmaceuticals, and packaging. What started as a modest unit in Dariapur Khadia-Naka has flourished into a significant player in the field, marking nearly seven decades of dedication and innovation.

The journey commenced when founder Chhaganlal Shivram Panchal took on a challenging order to manufacture cams for the textile industry. This commitment to quality and service led to the successful supply of products to a prominent company in Mumbai, establishing a solid reputation. By 1970, the company expanded its operations with a new unit in Dudheshwar, where the focus on cam manufacturing intensified.

The entry of Naresh Chhaganlal Panchal as a partner brought a new dimension to the business. His expertise and collaborative efforts with partner Amrutlal Prabhudas Panchal facilitated large-scale production, meeting the increasing demands of traders across Ahmedabad and beyond. The company soon garnered orders from various parts of India, establishing a robust national footprint.

Today, C.S. Panchal & Co. is under the dynamic leadership of Rajesh Naresh Panchal, the next generation of the Panchal family. A young entrepreneur, Rajesh has infused modern technology into the manufacturing process by introducing CNC machinery, significantly enhancing production capabilities and precision. This strategic move has allowed the company to cater to diverse applications, including weaving, spinning, Pharmaceuticals, Packaging Machinery, Looms like rapier loom, Airjet Looms, Water-Jets, Sulzer and even fishnet manufacturing.

Naresh Panchal reflects on their journey, stating, “Our commitment to quality and customer satisfaction has always been at the forefront of our operations. It’s about building trust with our clients and ensuring they receive the best products.”

With a commitment to quality, C.S. Panchal & Co. produces a wide range of cams for various loom applications including Picanol air jet looms, Delta air jet looms, and many others. The company prides itself on utilizing high-grade raw materials and state-of-the-art machinery to ensure that every product meets stringent industrial standards.

Rajesh adds, “Innovation is key to our success. By embracing new technologies, we not only enhance our production capabilities but also position ourselves to explore new markets and opportunities.”

The company’s product portfolio is impressive, showcasing high functionality and durability. Cams manufactured by C.S. Panchal & Co. are known for their easy operation, low maintenance, and corrosion resistance, making them indispensable across numerous sectors, including printing and pharmaceuticals.

Under the seasoned guidance of Naresh and Rajesh Panchal, C.S. Panchal & Co. has not only secured a prominent position in the Indian market but is also making strides in international markets, exporting quality products to countries like Uzbekistan and Turkey.

July 15, 2025
WeWork India Gets SEBI Nod for IPO, Set to Raise Funds via Offer for Sale

According to the Securities and Exchange Board of India’s (SEBI) most recent processing status statement from July 2025, WeWork India Management Limited (WeWork India), one of the country’s top operators of flexible workspaces, has been approved by SEBI for its initial public offering (IPO).

Up to 43,753,952 equity shares will be offered for sale (OFS) as part of the IPO; no new shares will be issued. According to the document, the OFS comprises up to 33,458,659 equity shares offered by the Promoter Selling Shareholder Embassy Buildcon LLP and up to 10,295,293 equity shares offered by the Investor Selling Shareholder 1 Ariel Way Tenant Limited.

The issue’s Book Running Lead Managers are a group of top investment banks, including JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited.

WeWork India Leading the Race

For the last three fiscal years, WeWork India has been the biggest operator in India’s premium flexible workspace market by total revenue, according to CBRE. The company has built enduring ties with multinational corporations, including Amazon Web Services, JP Morgan, Warner Bros. Discovery, Deutsche Telekom, and Grant Thornton, thanks to its strong brand, top-notch infrastructure, and affiliation with the WeWork worldwide network.

Embassy Group, one of India’s leading real estate developers, owns the bulk of WeWork India, which operates under an exclusive licensing deal with the worldwide WeWork brand. In addition to sponsoring Embassy REIT, Asia’s largest office REIT by leasable area and India’s first, Embassy has delivered more than 85 million square feet of commercial real estate.

WeWork India’s Business Operations

As of June 30, 2024, approximately 93% of the company’s portfolio consisted of Grade A assets, where it primarily develops, constructs, and manages workspaces. Tier 1 cities such as Bengaluru, Mumbai, Delhi, Gurgaon, Noida, Pune, Hyderabad, and Chennai are served by WeWork India.

WeWork India’s operating portfolio as of September 30, 2024, included 94,440 desks spread over 59 centres, totalling 6.48 million square feet of leasable space. WeWork Global’s vast network of about 600 locations in 35 countries is another advantage for the business.

IPO Getting More Popular Among Startup Sector

Due to a robust IPO market and a resurgence of investor interest in tech equities, a number of technology businesses intend to go public in 2025.

Lenskart, an eyeglasses startup, has contacted investment banks to present for the mandate for its possible initial public offering (IPO), which may raise $1 billion. Groww, a stock broker, had selected five investment banks for a $1 billion initial public offering.

In the near future, startups like SoftBank-backed OfBusiness, contract maker Zetwek, and financial unicorn Pine Labs hope to raise $1 billion through initial public offerings (IPOs). Up to 25 firms hope to debut on the public market in 2025.

This comprises companies that aim for $500 million initial public offerings (IPOs), such as edtech company PhysicsWallah, AI unicorn Fractal, construction materials portal Infra.market, and leader in rapid commerce Zepto.

July 15, 2025
Jensen Huang Dismisses Fears: US AI Chips Unlikely in China’s Military

According to Jensen Huang, CEO of Nvidia Corp., the US government need not worry about the Chinese military enhancing its capabilities with the help of his company’s goods.

Huang claimed that the Chinese military will refrain from utilising US technology due to the dangers involved, which is the main reason Washington has given for tightening limits on US technology exports to the Asian country.

In an interview on July 13, Huang said that the US need not be concerned about it. He went on, “They just can’t rely on it.” “Of course, it could be limited at any moment.”

US Government Imposed Restrictions on Nvidia

Citing worries about possible military uses, the US government has prohibited the export of Nvidia’s most cutting-edge semiconductors to China since 2022. Earlier this year, Nvidia’s H20 artificial intelligence processors, which were the company’s most potent AI chip approved for sale in China, were likewise prohibited from entering the US.

Under ever stricter regulations intended to prevent China from gaining access to the most advanced artificial intelligence capabilities, Huang and his colleagues have lost out on billions of dollars in revenue. Unrestricted employment of the most capable components would be a national security danger, according to successive Washington governments.

Before travelling to Beijing, Nvidia’s CEO, who was in Washington last week, stated that the approach will fail because it will encourage the development of indigenous capabilities in China that will eventually compete with those developed by the US technology industry.

Nvidia Calling US Restrictions Unfair

In order to keep their products at the forefront of AI development, Nvidia and its peers argue that US businesses should be permitted to ship to the largest semiconductor market in the world.

Huang has commended the administration’s efforts to boost local semiconductor production and met with President Donald Trump last week to reiterate his position.

The majority of Taiwan Semiconductor Manufacturing Co.’s manufacturing facilities are situated on its native island, which is situated just off the Chinese mainland. Nvidia and other companies are reliant on these facilities.

Trump bragged about Nvidia’s achievements and how it became the first American business to reach a $4 trillion market valuation.

Although the specifics of a White House meeting between the two were not disclosed, politicians and the administration on both sides have so far maintained their stance against granting Chinese businesses additional access.

However, Democratic Senator Elizabeth Warren and Republican Senator Jim Banks wrote a letter on 11 July urging Huang to avoid meeting with Chinese businesses that have connections to Beijing’s military and intelligence agencies or are suspected of undermining US semiconductor export rules. According to a news agency, they also particularly warned against doing business with organisations on the US prohibited export list.

July 15, 2025