Month: June 2026

Indian Semiconductor Startups Enter Commercial Production: A New Era for ‘Make in India’ Chips

After years of research, prototyping, and government-backed incentives, India’s semiconductor ecosystem has reached a long-awaited inflection point. Startups like Mindgrove Technologies, Netrasemi, and Agnit Semiconductors are transitioning from laboratory prototypes to commercial manufacturing, marking a pivotal shift in the country’s journey toward self-reliance in chip production .

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Anveshan Secures ₹150 Crore to Build India’s First ₹1,000 Crore Clean-Label Food Brand

Indian clean-label food brand Anveshan has raised ₹150 crore ($15.7 million) in a Series B funding round led by Vertex Ventures Southeast Asia & India, with participation from the International Finance Corporation (IFC)—a member of the World Bank Group—Swiggy co-founder Sriharsha Majety, and existing investors including Wipro Consumer Care Ventures, Titan Capital, Force Ventures, and boAt founders Aman Gupta and Sameer Mehta.

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LIC Explores Fintech Entry to Accelerate Digital Transformation

Insurance behemoth Life Insurance Corporation of India (LIC) is actively considering a strategic foray into the fintech space as part of its broader digital transformation push, Chairman and CEO R. Doraiswamy announced on May 31, 2026 .

The state-owned insurer, which manages assets worth over ₹59 lakh crore and holds a dominant 60% market share despite competition from 25+ private players, is evaluating two distinct paths: establishing its own fintech arm organically or making strategic investments in existing fintech startups .

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