Nifty Pharma slumps 6% as Donald Trump says pharma tariffs coming soon; Aurobindo Pharma shares hit 10% lower circuit

Timor-Leste kicks off negotiations to join Government Procurement Agreement

At a meeting on 18 June of the Committee on Government Procurement, parties to the Government Procurement Agreement 2012 (GPA 2012) welcomed steps taken by Timor-Leste to kick-start negotiations to join the Agreement. Timor-Leste, which joined the WTO less than a year ago, is the first least developed country to officially launch the accession process...

Techfino Secures Rs 65 Crore Funding For MSME Lending Expansion

AIMPWAJune 19, 2025

New Delhi, Jun 19 (KNN) Non-banking financial company Techfino has raised Rs 65 crore in funding from Stellaris Venture Partners and Saison Capital, the venture capital arm of Tokyo-listed financial services firm Credit Saison. The tech-enabled NBFC plans to utilise the capital to expand its branch network, enhance its technology platform, and scale its secured lending...

Nvidia’s AI empire: A look at its top startup investments

AIMPWAJune 19, 2025

No company has capitalized on the AI revolution more dramatically than Nvidia. Its revenue, profitability, and cash reserves have skyrocketed since the introduction of ChatGPT over two years ago — and the many competitive generative AI services that have launched since. And its stock price soared. During that period, the world’s leading high-performance GPU maker...

Stripe’s former growth lead helps African diaspora invest in startups, real estate

AIMPWAJune 19, 2025

When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary. So he negotiated for stock to make up the difference. Eighteen months later, Stripe acquired the company, and that equity converted into Stripe shares, enough to let Kinvi leave his job, bootstrap a side project,...

Here are the 24 US AI startups that have raised $100M or more in 2025

AIMPWAJune 18, 2025

Last year was monumental for the AI industry in the U.S. and beyond. There were 49 startups that raised funding rounds worth $100 million or more in 2024, per our count at TechCrunch; three companies raised more than one “megaround,” and seven companies raised rounds $1 billion in size or larger. How will 2025 compare?...