SpaceX officially confirms Nasdaq listing date

SpaceX is set to make history with the largest initial public offering ever, commencing trading on the Nasdaq exchange on Friday.

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Aum Ventures plans to invest Rs 750 crore in innovative startups in 5 years

VC firm Aum Ventures has launched its second fund, India Innovation Fund II, targeting Rs 750 crore. The fund aims to invest in 25-30 innovative, IP-driven startups over five years, focusing on pre-seed and seed-stage companies. This follows their previous deployment of $30 million across 24 early-stage ventures.

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Infosys-backed 4baseCare raises Rs 128 crore, plans to take its cancer testing platform global

Precision oncology startup 4baseCare has raised Rs 128 crore. This funding will expand its genomics labs globally and scale its AI platform, OncoTwin. The company aims to make precision oncology inclusive for under-represented populations. 4baseCare is also decentralising genomic testing infrastructure in India. This move brings advanced cancer diagnostics closer to patients and doctors.

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Exponent Energy raises Rs 200 crore led by 360 ONE Asset, TDK Ventures

Exponent Energy, an EV charging startup, has secured Rs 200 crore in a funding round co-led by 360 ONE Asset and TDK Ventures. The company plans to expand its rapid charging network for commercial electric vehicles across India. This funding will support network expansion beyond Bengaluru and Delhi, new vehicle segments, and R&D.

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Zepto files updated papers for Rs 9,500 crore IPO; aims July listing

Quick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering includes a substantial fresh issue and a component for existing investors. This move brings the five-year-old company closer to one of the year's most anticipated new-age stock market debuts, following earlier confidential filings and regulatory approval.

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Z47 managing director Tarun Davda to exit firm amid string of top-level departures at VC funds

Tarun Davda, a key figure at Z47 for ten years, plans to exit the venture capital firm by year-end. Sources told us that Davda is exploring launching his own fund or returning to entrepreneurship. This departure follows other senior exits at Z47 and mirrors broader churn in India's venture capital sector.

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Here to win quick commerce, will become market leader in near-term: Samir Kumar, Amazon India chief

Amazon is planning to aggressively expand its 10-minute delivery service, Amazon Now, aiming for market leadership despite moderating quick commerce growth. The ecommerce giant plans to launch in over 100 cities with 1,000 dark stores, emphasising customer experience, wide selection, and speed to compete with rivals like Blinkit and Zepto.

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