Mihup raises ₹50 crore funding from ace investors

Kolkata: City-based Mihup, a conversation intelligence platform, has raised Rs 50 crore in a fresh round of funding led by public market investor Ashish Kacholia, with participation from the family office of investor Madhusudan Kela. Accel India — already an investor in Myntra, Flipkart, Freshworks, Coverfox, Ola, Swiggy and UrbanClap — has also invested in Mihup. Analysts said the investment would translate into a valuation of Rs 1,000 crore for Mihup. The company is also planning an IPO soon. Tapan Barman, CEO and co-founder of Mihup said it would enable Mihup to accelerate growth, scale operations, and enter new markets. “We are thrilled to have the support of Ashish Kacholia and Madhusudan Kela as our new partners. This funding will allow us to scale up our product offerings for the automotive and contact centre sectors, invest in research and development, expand globally, and bring us closer to our vision of being the operating system for every human-machine interaction,” he said. Biplab Chakraborty, COO of Mihup, said, “We are committed to empowering individuals worldwide by enhancing human-machine interactions across all spoken languages.”Founded by Tapan Barman and Biplab Chakraborty in 2016, Mihup has launched Mihup AVA, an in-car virtual assistant, and Mihup Interaction Analytics, offering real-time analytics and automation for customer-agent interactions in contact centres.

Hyundai raises Rs 8,315 crore from anchor investors

Hyundai Motor India's Rs 27,900 crore IPO, the largest ever in India's capital markets, garnered Rs 8,315 crore from 225 anchor investors including Singapore govt entities and major funds. The IPO opens Tuesday, with the company's Korean parent selling a 17.5% stake. This positions Hyundai as a significant player in the Indian auto market.

Moradabad tackles teacher shortage with Interactive Pathshala

Moradabad tackles teacher shortages by introducing a smart recording room connecting 38 government inter-colleges, benefiting over 8,500 students. Using smart LEDs and high-speed data networks, a single teacher delivers lessons simultaneously. This new system allows real-time student interaction and aims for statewide implementation. Teachers appreciate focusing on their specialties, enhancing education quality.

Hyderabad couple arrested for duping 17,500 investors of Rs 229 crore

DKZ Technologies/Dikazo Solutions' directors Syed Ashfaq Rahil and Syeda Aisha Naz were arrested for defrauding 17,500 investors of 229 crore through fake business claims. The firm offered up to 12% interest on investments but folded after collecting deposits. Police seized 1.7 crore and incriminating materials; further investigations are ongoing.

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