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Bengaluru-Based SpaceFields Strengthens Aerospace & Defence Portfolio Through $5M Funding

Bengaluru-based deeptech startup SpaceFields has raised $5 million (approximately ₹42 crore) in a pre-Series A funding round led by Globaz Technologies, with participation from Rockstud Capital, Venture Catalysts, Nithin Kamath’s Rainmatter, Burla Angel Network, Faad Capital, SIDBI, O2 Angels, and MeitY Startup Hub.

By Super Admin | September 20, 2025

boAt Achieves ₹60 Crore Net Profit in FY25, Eyes Global Expansion

Gurugram-based consumer electronics brand boAt has reported a significant turnaround in FY25, posting a net profit of ₹60 crore after a period of losses. While total revenues slightly declined from ₹3,117 crore in FY24 to ~₹3,073 crore, the company’s focus on cost discipline, strategic execution, and operational efficiency drove a remarkable recovery.

By Super Admin | September 20, 2025

India Earns Third Credit Rating Upgrade in FY26 as R&I Boosts Confidence

India has received its third sovereign credit rating upgrade in 2025, with Japan’s Rating and Investment Information, Inc. (R&I) raising the country’s long-term rating from ‘BBB’ to ‘BBB+’ with a Stable Outlook. The decision underscores growing international confidence in India’s resilient, demand-driven economy and its disciplined approach to fiscal management, according to the Government of India’s announcement on Thursday.

By Super Admin | September 20, 2025