Business & Markets: India — Last 24 Hours

$269 million — the combined funding raised by Indian startups in the last 24 hours across four deals, signalling continued investor appetite for growth-stage ventures. Meanwhile, messaging platform Gupshup reported $350 million in revenue with 25% from AI, underscoring the shift to AI-driven business models.

Money Moves

• Ultraviolette raises $85M — Electric two-wheeler manufacturer Ultraviolette secures Series E led by deeptech fund Yali Capital...