Edgewell to sell less Hawaiian Tropic, Banana Boat sunscreen as consumers travel less

Own, a new social media app, aims to tokenize the creator economy

With the TikTok deadline to sell its U.S. operations now just two days away, a new decentralized social media app launched its beta to the public on Tuesday. Own is the latest alternative to TikTok to emerge, featuring a swipeable feed for not just short videos but also text posts and images, as well as...

Two-year-old defense tech Mach Industries confirms $100M raise led by Khosla, Bedrock

AIMPWAJune 17, 2025

Rising-star defense tech Mach Industries has announced a new $100 million round of funding at a $470 million valuation. TechCrunch first reported that this deal was in the works last month. New investor Keith Rabois from Khosla Ventures joins existing investor Geoff Lewis of Bedrock Capital to lead the round. Existing investor Sequoia also participated....

MSMEs

Andhra Pradesh Approves Project Handover To Speed Up MSME Infrastructure Development

AIMPWAJune 17, 2025

Amaravati, Jun 17 (KNN) The long-stalled construction of flatted factory complexes at the Vemavaram Jakkampudi Economic Township is poised to advance following state government approval for institutional restructuring and project handover. The Andhra Pradesh government has authorised the Andhra Pradesh Economic Development Board Corporation Limited to complete pending land alienation procedures and transfer project responsibilities...

Jainik Power Shares Debut Below Issue Price On NSE SME Platform

AIMPWAJune 17, 2025

New Delhi, Jun 17 (KNN) Jainik Power and Cables Limited commenced trading on the NSE SME platform on Tuesday, opening at Rs 82 per share, representing a decline of more than 25 percent from its initial public offering price of Rs 110. The stock subsequently recovered to trade at Rs 86.10, marking a 5 percent...

Observability startup Coralogix becomes a unicorn, eyes India expansion

AIMPWAJune 17, 2025

Coralogix, an Israeli startup offering a full-stack observability and security platform, has raised $115 million at a pre-money valuation of over $1 billion, almost doubling in three years from its last round in 2022. With the influx of cash, the startup is looking to expand its engineering base in India and develop its AI agent....