NestAway Founder Alleges Fraud, Bajaj beats Ola, Aye Finances Raises ₹110 Cr

Maharashtra eyes an AI policy to boost jobs and industries, signaling the state’s tech ambitions. Meanwhile, Bajaj Auto has raced past Ola Electric to claim the EV crown for December, showcasing fierce competition in green mobility. Amidst the buzz, a storm brews at NestAway, with its co-founder accusing big-name investors like Tiger Global and Goldman Sachs of fraud in a high-stakes legal battle.

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“Ab Apna AI Ka Policy Aayega Bidu”: Maharashtra Govt Planning To Draft AI Policy Soon

Maharashtra is set to draft its own AI policy, marking a crucial step in shaping the state’s tech-driven future. IT Minister Ashish Shelar highlighted the transformative potential of artificial intelligence in creating jobs and attracting business during a meeting with IT officials on December 31.

The move underscores the government’s intent to position AI as a cornerstone of industrial and economic growth.

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“We’re The Champions”: Bajaj Auto overtakes Ola Electric to become top two-wheeler EV company in December

In a surprising twist to kick off the New Year, Bajaj Auto has dethroned Ola Electric as the top two-wheeler EV maker in December.

With a commanding 24.93% market share against Ola’s 18.78%, Bajaj has surged ahead in India’s fast-evolving EV landscape. The shift signals fierce competition in the race for green mobility dominance.

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“Tum Log Mere Saath Cheating Kiya Hai”: NestAway co-founder alleges fraud by Tiger Global, Chiratae, and Goldman Sachs

NestAway co-founder Amarendra Sahu has accused major investors Tiger Global, Chiratae, and Goldman Sachs of fraud, filing an FIR against them and fellow co-founders.

Allegations include forgery and conspiracy, with Sahu claiming his forged signatures were used to sell NestAway to Aurum for ₹90 crore, days after his resignation as director. The case has cast a shadow over the startup's turbulent journey in India’s proptech sector.

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1. Ahead of its INR 1,450 Cr IPO, Aye Finance has raised INR 110 Cr through non-convertible debentures. The move underscores the NBFC’s preparations to bolster its financial position before hitting the public market.

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2. Suniel Shetty-backed Klassroom Edutech has secured fresh funding, aiming to expand its AI-driven educational solutions. With over $1.5 Mn raised so far, the edtech startup continues to attract notable investors like ah! Ventures and Astir Ventures.

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3. CargoFL, a B2B logistics tech platform, has raised ₹6.75 Cr in a seed round led by YourNest Venture Capital. The funding includes contributions from Real Time Angel Fund, Peaceful Progress Angel Fund, and Sanchi Connect Accelerator.

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