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UpdateDeals, funding & partnershipsTech & digital trade3 h ago

QwikBuild raises $2.3M to expand enterprise AI platform

Bengaluru-based QwikBuild has secured $2.3 million in pre-seed funding led by Globalway. The startup builds AI-driven enterprise software to reduce development and deployment time. It also announced a joint venture to enter Japan’s market.

Read at Inc42 — Startup and funding news

Summary by TT-Media from “Exclusive: QwikBuild Raises $2.3 Mn To Expand Enterprise AI Platform” (Inc42 — Startup and funding news, Trade press). For the full text, official notices and exact figures, read the original.

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Inc42 — Startup and funding newsTrade press3 h ago
Credit, payments & interestDeals, funding & partnershipsImportant

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.

Why it matters

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

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Inc42 — Startup and funding newsTrade press14 h ago
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IndiaMART Q2 FY27 profit rises 10% YoY to ₹91 Cr, revenue grows 10%

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Why it matters

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

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Inc42 — Startup and funding newsTrade press2 days ago
Credit, payments & interestTech & digital trade

Veefin H1 FY27 profit jumps 2.3X to ₹25 Cr, revenue doubles

BSE SME-listed fintech SaaS firm Veefin Solutions reported a 127% rise in net profit to ₹24.9 Cr in H1 FY27, with revenue more than doubling to ₹238.8 Cr. The company’s supply chain finance pipeline stands at ₹920 Cr.

Why it matters

Textile MSMEs should watch Veefin’s SCF solutions for potential financing options, especially for supply chain needs.

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