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First Capital

Curated news coverage, institutional background, regulatory filings, and investigative reporting across RDU Global.

9 Stories Indexed
Last Updated: Just Now
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Startups & Venture Capital Just now (09:43 PM IST)

Balwaan Krishi Raises โ‚น100 Crore to Expand Farm Equipment Manufacturing

Agritech startup Balwaan Krishi has raised โ‚น100 crore, or about $10 million, in a Series B round led by First Capital, marking a significant capital infusion for the farm equipment maker as it looks to scale manufacturing and widen its market reach. The funding underscores continued investor interest in Indiaโ€™s mechanisation-led agritech segment, where demand is being shaped by labour shortages, rising input costs and the push for higher farm productivity.

By RDU Global Wire5 min read
World Politics & Diplomacy11h ago

British National Among Six Dead After Explosion Levels Building Near Athens' Acropolis

Six people, including a British national and four American holidaymakers, were killed when an explosion destroyed a three-storey building in Athens' historic Plaka district, close to the Acropolis. Greek authorities suspect a gas leak caused the blast, which also damaged nearby buildings and prompted emergency crews to search the rubble for survivors before all six bodies were recovered.

4 min readRead โ†’
World Politics & Diplomacy11h ago

Pope Leo XIV Hails Youth 'Energy and Commitment' as 700,000 Pack Paris Mass

Pope Leo XIV drew an estimated 700,000 worshippers to an open-air Mass in Paris, praising young Catholics for the "enthusiasm, energy and commitment" they bring to the Church. The event, staged on the Place de la Concorde during his four-day visit to France, blended religious pageantry with political symbolism, as senior French figures and presidential hopefuls looked on.

5 min readRead โ†’
Startups & Venture Capital3h ago

IIT Madras-backed Unicorn India Ventures raises Rs 450 crore in first close, targets Rs 1,000 crore deep-tech fund by December

IIT Madras, its Research Park and Unicorn India Ventures have announced a first close of Rs 450 crore for a Rs 1,000 crore fund aimed at advanced technology startups, with the final close expected by December 2026. The fund has already deployed nearly Rs 55 crore across four deep-tech startups as it sharpens its focus on sectors seen as strategically important to India's industrial and national security ambitions.

6 min readRead โ†’
Startups & Venture Capital5h ago

IIT-Madras Deep-Tech Fund Closes First Rs 450 Crore, Backing Frontier Startups in Defence, Space and AI

The IIT Madras-led Unicorn Frontier Fund has reached a Rs 450 crore first close, marking a major early milestone for its Rs 1,000 crore deep-tech investment vehicle. Backed by alumni, family offices, institutions, corporates and banks, the fund has already deployed capital into four startups working on rocket engines, air-quality technology, quantum instrumentation and energy storage.

5 min readRead โ†’
Banking, Fintech & Insurance7h ago

RBI Bulletin Flags India's 7.8% Growth Resilience Amid West Asia Shock, Inflation Pressures and Banking Funding Debate

The Reserve Bank of India's September 2026 Bulletin presents an economy that remains notably resilient despite renewed geopolitical tensions in West Asia, rising energy prices and volatile global markets. Alongside reporting 7.8% growth in the first quarter of 2026-27, the Bulletin argues that a higher credit-deposit ratio alone is not a reliable sign of banking stress and points to strong foreign exchange reserves, FDI inflows and narrowing trade deficits as key buffers.

8 min readRead โ†’
Markets, IPOs & Wealth10h ago

India Issues Remittance Order Against Usha Devi in DU Digital Trading Case

India's enforcement authorities have issued a remittance order dated September 24, 2026 under RC No. 9204 of 2026 against Usha Devi in connection with trading activities involving certain entities in the scrip of DU Digital Technologies Limited, now DU Digital Global Limited. The action falls under recovery proceedings, underscoring the continuing regulatory scrutiny around market conduct tied to the company's shares.

4 min readRead โ†’
Legal, Courts & Regulatory11h ago

Appeal No. 7066 of 2026 Filed by Saksham Puri, but Sparse Record Leaves Markets Searching for Meaning

An appeal identified as No. 7066 of 2026 filed by Saksham Puri has surfaced in the public record, but the source material provides no details on the underlying dispute, forum, or relief sought. In the absence of substantive filings or accompanying facts, the development currently reads more as a procedural marker than a market-moving event. For investors and legal observers, the lack of context underscores a familiar challenge in India's fast-moving economy and markets landscape: a case number alone can trigger attention, but without the petition, order, or hearing details, its significance remains impossible to assess.

3 min readRead โ†’
India & World Affairs11h ago

India Moves to Shield Tax Powers as New Investment Treaty Talks Advance

India is preparing to keep taxation outside the scope of its bilateral investment treaty framework, underscoring New Delhi's determination to preserve sovereign control over tax policy even as it seeks to attract foreign capital. A finance ministry note has been circulated for Cabinet consideration while treaty negotiations with four to five countries are under way, an official said.

5 min readRead โ†’

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