india

Bengaluru startup Scapia has closed a $63M Series C led by General Catalyst at a post-money valuation exceeding $500 million, more than doubling its $200 million valuation from April 2025.

India's Minister of Heavy Industries confirmed on May 19 that Tesla will not build a manufacturing facility in India, closing a decade-long saga defined by tariff standoffs and weak sales.

ASML will supply the lithography toolset for Tata's Dholera 300mm fab, which Tata Electronics has costed at US$11 billion and aimed at 28nm-110nm chips for AI, automotive and mobile applications.

Hyderabad-based Skyroot raised $60 million co-led by GIC and Sherpalo Ventures at a $1.1 billion valuation, with Vikram-1's first orbital flight targeted for June 2026.

Bengaluru-based GalaxEye flew Mission Drishti, a 190-kilogram OptoSAR satellite fusing radar and multispectral optics, on a SpaceX Falcon 9 rideshare from Vandenberg.

India's Sun Pharma will buy Merck spinoff Organon for $14 a share, vaulting into the global top 25 pharmaceutical companies and entering biosimilars at scale.

Phase 3 PreVenTB trial of 12,717 people across India shows VPM1002 cuts extrapulmonary tuberculosis by 50%, but neither candidate prevents pulmonary TB or latent infection.

India's National Quantum Mission has demonstrated a 1,000-kilometer quantum-secured communication network using QNu Labs' indigenous ARMOS QKD platform, reaching the halfway mark of its 2,000 km target in under two years — well ahead of the original eight-year timeline.

Bitdefender documents APT36 using LLMs to mass-produce malware in Nim, Zig, and Crystal at a daily cadence, flooding Indian government networks with disposable implants in a strategy researchers call 'Distributed Denial of Detection.'

India targets $200 billion in AI investments over two years across its full AI stack, anchored by Adani's $100 billion data center commitment and $67 billion from Western tech giants.