ImportantTech & digital tradeDeals, funding & partnerships17 h ago

Nova Spectral AI raises ₹21.2 Cr for indigenous infrared sensor chips

Bengaluru-based Nova Spectral AI secured ₹21.2 Cr in seed funding to develop SWIR image sensor chips for drones, surveillance, and autonomous vehicles. The startup aims to reduce reliance on imported sensors.

Read at Inc42 — Startup and funding news

Summary by TT-Media from “Nova Spectral AI Raises ₹21.2 Cr To Build Indigenous Infrared Sensor Chips” (Inc42 — Startup and funding news, Trade press). For the full text, official notices and exact figures, read the original.

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Jio Platforms lists at 21.36% premium after ₹30,213 Cr IPO

Reliance Industries' digital arm Jio Platforms listed on BSE and NSE at ₹1,358 per share, a 21.36% premium over its issue price. The IPO, India’s largest, raised ₹30,213 Cr, with ₹27,500 Cr earmarked for debt repayment of telecom subsidiary Reliance Jio Infocomm.

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Watch Jio’s expansion into cloud, AI, and enterprise solutions for potential B2B partnerships in digital trade.

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SoftBank sells 1.2% stake in Ola Electric amid rights issue

SoftBank has sold 1.2% of its stake in Ola Electric, reducing its holding to 11.7%. It also sold 25.9% of its rights entitlements in Ola Electric’s ₹1,000 crore rights issue.

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Watch Ola Electric’s financial health; textile MSMEs should monitor EV sector trends for supply chain opportunities.

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Deals, funding & partnerships Tech & digital trade

QwikBuild raises $2.3M to expand enterprise AI platform

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Textile MSMEs adopting digital tools should watch for AI-driven workflow automation solutions that could streamline operations.

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IndiaMART Q2 FY27 profit rises 10% YoY to ₹91 Cr, revenue grows 10%

IndiaMART reported a 9.8% YoY increase in net profit to ₹90.7 Cr for Q2 FY27, with revenue up 10% to ₹428.6 Cr. EBITDA margin improved by 300 bps to 40%, despite a sequential profit decline. Paying suppliers grew to 2.2 Lakh.

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Textile MSMEs using IndiaMART should track platform trust and AI tools for better engagement and supplier monetisation.

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