Sanofi Acquires US Biopharma Firm Blueprint for $9.1 Billion

French drugmaker Sanofi has agreed to acquire US-based Blueprint Medicines for $9.1 billion to strengthen its oncology pipeline. The deal enhances Sanofi’s presence in precision cancer treatments, particularly targeting rare genetic mutations. Blueprint’s portfolio includes breakthrough therapies for lung and blood cancers. The acquisition aligns with Sanofi’s strategic shift toward innovative therapies and high-growth specialty care.

Tata Electronics Eyes Malaysian Chip Fab Acquisition to Strengthen India's Semiconductor Ambitions

Tata Electronics is in advanced talks to acquire a semiconductor fabrication or OSAT plant in Malaysia, engaging with companies like X-Fab, DNeX, and Globetronics. This strategic move aims to bolster Tata's expertise and talent pool ahead of launching semiconductor assembly and packaging operations in India. The acquisition aligns with Tata's significant investments in India's semiconductor sector, including projects in Gujarat and Assam.

Stable Money Secures ₹173 Crore in Funding Led by Fundamentum Partnership

Wealthtech startup Stable Money has raised ₹173 crore (approximately $20 million) in a funding round led by Fundamentum Partnership, co-founded by Infosys' Nandan Nilekani. Specializing in digital fixed-return investment products, the company plans to utilize the funds to expand its offerings and accelerate growth in India's wealthtech sector. The investment underscores growing investor confidence in digital-first financial platforms.

India Launches BharatGen: Government-Funded Multimodal AI Model for 22 Indian Languages

India has unveiled BharatGen, its first government-funded multimodal large language model (LLM) designed to support 22 Indian languages. Developed under the National Mission on Interdisciplinary Cyber-Physical Systems and led by IIT Bombay, BharatGen processes text, speech, and images. It aims to enhance AI accessibility across sectors like healthcare, education, agriculture, and governance, promoting inclusive, culturally rooted AI solutions

Digital Rajasthan Yatra 4.0 Highlights State's Rapid Digital Transformation

Inc42's Digital Rajasthan Yatra 4.0 report chronicles a 3,000 km journey over 15 days across seven cities, showcasing Rajasthan's swift digital evolution. The initiative highlights advancements in agriculture, healthcare, education, and governance, driven by local entrepreneurs and startups. The report emphasizes the state's commitment to digital innovation and the pivotal role of grassroots efforts in fostering technological growth.