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Startup News: Hyderabad-based VC Firm Pavestone Marks Final Close of Rs 816 Crore Fund to Boost B2B Technology Startups
Pavestone, a Hyderabad-based VC firm, closes its Rs 816 crore Technology Fund, targeting high-growth B2B startups in India. Focus areas include generative AI, cloud computing, immersive technology and bioengineering. The fund aims to support early-stage innovation, with investments ranging from $5 million to $10 million per startup.
UK Based FluoRok Secures €9.2M to Revolutionize Sustainable Fluorochemical Production
FluoRok has raised €9.2M to revolutionize fluorochemical production with a focus on safety and sustainability. By eliminating toxic chemicals from the process, FluoRok is leading green tech innovation in sectors like Li-ion battery production, energy storage, and chemical manufacturing, helping industries transition to safer, eco-friendly practices.
BluSmart Website Domain Listed for Sale Amid Insolvency Proceedings
BluSmart’s website domain put up for sale amid insolvency crisis and mounting financial troubles.
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UPI Transactions Surpass 20 Billion in August, Daily Average Hits 645 Million
India’s Unified Payments Interface (UPI) achieved a new milestone in August 2025, crossing the 20 billion monthly transaction mark for the first time since its launch in 2016. According to…
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