Archives June 2025

Ultraviolette Takes India Global: Launches the F77 in Ten European Nations; First Electric Two-Wheeler Manufacturer to Achieve this Milestone

Narayan Subramaniam, CEO s Co-founder of Ultraviolette, stated, “The launch of the F77 in Germany, France, the UK, and other European countries is a defining moment for Ultraviolette and a landmark achievement for India’s automobile landscape. This launch signifies Ultraviolette’s entry into Europe’s most influential two-wheeler markets and underlines our intent to be a global force in the electric mobility revolution. As an Indian company, we are proud to bring futuristic design and cutting-edge technology to the world. This is a moment of global recognition for the talent and capability within India’s engineering and manufacturing ecosystem. Through our strategic distributor partnerships, we are not only expanding into Europe but also delivering a world-class ownership experience that reflects the best of what India has to offer.”

Niraj Rajmohan, CTO s Co-founder of Ultraviolette, added “This isn’t just the introduction of motorcycles into new markets, it’s the global unveiling of years of relentless research, engineering, and innovation, born in India. We set out with a bold ambition to build the most advanced electric motorcycle in the world. Today, we are delivering that vision to international customers. The F77 is the result of deep in-house R&D, rigorous testing, and an unwavering commitment to pushing the boundaries of performance, innovation, safety, and design. For India, this milestone represents not just our ability to participate in the global EV transition, but to lead it with technology that competes at the highest level.”

Hyderabad: June 17th, 2025: ARK Reflections IAS, one of South India’s leading institutes for UPSC Civil Services preparation, announces the Grand Opening of its New Centre at Ashok Nagar, Hyderabad. This expansion marks a significant milestone in the institute’s journey of empowering aspirants through result-driven training, strategic mentorship, and academic excellence.

The new facility in Ashok Nagar—an educational hotspot—has been strategically established to meet the rising demand for high-qualcoaching among aspirants of the Indian Administrative Service (IAS), Indian Police Service (IPS), and other prestigious civil services. Equipped with cutting-edge infrastructure and supported by a team of seasoned educators, the centre is set to emerge as a leading centre of excellence for civil services preparation.

The launch event was graced by Shri Pullela Gopichand, Padma Bhushan awardee and Chief National Coach of the Indian Badminton Team, who applauded the institute’s mission.

” I think it is a wonderful thing and it is great to see this journey of ARK Reflections come to a stage where they are able to help more and more people get to the civil services, Education in our country is something which is very important. Teachers in our country are very important as they have the power to change a nation especially those who are training the next generation of bureaucrats to run the country.” said Gopichand during his address.

Mr Ajay Mishra, Ex-IAS Officer and Ex- Special Chief Secretary of Govt of Andhra Pradesh, who was also the Guest of Honour said, “I would like to begin by sincerely thanking Dr. Vivekanada and Mr. G Ram Reddy—not as a mere formality, but with genuine appreciation. In the first phase of my life, I was fortunate to enter public service and contribute in the best way I could. Now, in this second phase of my journey, I find deeper fulfillment in dedicating my time, energy, and experience to guiding others to reach the same level I did four decades ago. Over the past two days, I’ve had the opportunity to closely engage with this organization, and I can confidently say that, among the 3–4 coaching institutions I’ve come across, this stands out as the finest. The approach they take with candidates, the structured guidance they offer, and their commitment to nurturing future officers are truly commendable. I am confident that this initiative will bear fruit—not just in terms of exam success, but in empowering individuals to serve society and make meaningful contributions that go beyond what we have achieved in our time.”

Mr. G Ram Reddy, Chairman & Managing Director, ARK Group, expressed his pride and belief in the institute’s vision, “At ARK, we believe in building institutions that create impact. With this new centre, we are not just expanding infrastructure — we are expanding access, opportunity, and purpose for every aspirant who walks through our doors.”

Dr. Vivekananda, Director, ARK Reflections IAS stated, “This new centre is a natural extension of our commitment to personalized mentoring and holistic training. We aim to be not just an institute but a companion in every aspirant’s journey to success.“

v  The new centre will facilitate the students with:

v  • Comprehensive Classroom Programs

v  • Experienced Faculty

v  • Integrated Study Material

v  • Regular Mock Tests & Performance Analysis

v  • Personalized Mentorship

v  • Current Affairs, Essay & Ethics Programme

This Father’s Day, Honour Legacy with Gold and Celebrate His Brilliance with Lab-Grown Diamonds by Akoirah

Father’s Day is a moment to pause and reflect on the quiet strength, enduring love, and timeless guidance of the father figures in our lives. It’s a day to honour their legacy not just with words, but with a gift that carries meaning and permanence. This year, Akoirah by Augmont introduces a refined curation of lab-grown diamond rings, meticulously crafted in 14K recycled gold, designed especially for the man who’s been your anchor.

With a deep understanding of modern values and heritage, Akoirah blends ethical craftsmanship with masculine elegance. Each piece in the Father’s Day Edit — from The Legacy Band to The Alpha Ring — is designed to reflect strength, resilience, and sophistication. These are not just rings; they are keepsakes of gratitude and pride, built to be passed down.

For the conscious consumer who values both tradition and innovation, Akoirah’s collection is the perfect intersection of meaningful luxury and responsible design. Lab-grown diamonds set in certified recycled gold make each ring a sustainable yet striking gesture of appreciation.

Celebrate fatherhood with jewellery that speaks louder than words. Because true brilliance lies in the legacy they leave behind.

The living room in a typical Indian household today tells a different story from what it did even five years ago. Where once stood a simple television set now sits an AI-powered entertainment hub that anticipates viewing preferences. The air conditioner no longer runs on preset timers but learns from daily routines, adjusting temperature before anyone reaches for the remote. This transformation extends beyond mere automation to intelligent systems that understand context, adapt to individual needs, and seamlessly integrate into the fabric of daily life.

Revenue in the Smart Home market is projected to reach US$7.3bn in 2025 in India, marking a significant shift in how consumers interact with technology. This growth reflects a broader transformation where artificial intelligence moves from being a buzzword to becoming an invisible assistant that enhances every aspect of home life.

The AI Revolution Takes Root in India

“India’s consumer tech landscape is undergoing a true AI transformation, moving beyond basic automation to intelligent systems that genuinely understand context and adapt to individual needs. We’re seeing a shift from surface-level AI features to meaningful innovations that address real-life challenges and enhance daily productivity—something Indian consumers increasingly value,” observes Rajeev Singh, Managing Director, BenQ India and South Asia.

This sentiment echoes across the industry as companies recognise that Indian consumers, particularly in Tier 2 and Tier 3 cities, are embracing smart technology at an unprecedented pace. AI-integrated products have now captured customer attention like never before. This shift is largely driven by Indian consumers’ preference for efficient products that deliver long-term cost savings and higher productivity.

Visual Intelligence Transforms Entertainment

The transformation in visual entertainment exemplifies how AI enhances rather than complicates the user experience. “At BenQ, we take a purposeful approach to AI integration. Our W2720i and W4100i projectors use AI-powered cinema modes that automatically adjust to ambient lighting and content, ensuring an optimal viewing experience without manual intervention. Similarly, our MOBIUZ gaming monitors leverage AI Contrast to intelligently enhance details in dark scenes while maintaining overall visual balance. We believe AI should solve real user problems, operate seamlessly in the background, and support—not replace—human creativity. Our technology is designed to learn user preferences over time, automatically fine-tuning display settings based on both content and environment. For us, AI isn’t just a buzzword; it’s an invisible assistant that anticipates needs and empowers users to express their creativity and enjoy immersive visual experiences in the most intuitive way possible,” adds Singh.

Pankaj Rana, CEO of Hisense India, shares a similar philosophy: “AI is no longer just a feature, it’s shaping how we live, interact, and make decisions every day. At Hisense India, we see AI as a real opportunity to simplify life at home. Whether it’s a TV powered by our Hi-View Engine or Toshiba’s Regza Engine ZRi that adjusts picture and sound automatically, or a system that learns your preferences to suggest content you’ll actually enjoy, our goal is to make technology feel less like tech and more like a natural extension of your lifestyle.”

He further explains, “We’ve also taken this thinking into our products where features like AI Energy and AI Scenario quietly do the work in the background, learning how you use your devices and adapting to fit your routine. At the end of the day, we’re not just building products with smart features. We’re building products that are smart about people. And that’s what drives us every day.”

Democratising Smart Living

The vision of smart living extends beyond premium segments. Ravi Agarwal, Founder and Managing Director of Cellecor Gadgets Limited, emphasises accessibility: “At Cellecor, we believe smart living should be simple, intuitive, and accessible to every Indian household. Our mission is to democratize technology by designing products that meet the real needs of consumers across Tier 2 and Tier 3 cities, where digital adoption is rising fast, and also resonate with value-conscious users in Tier 1 markets. Our smart TVs come equipped with voice assistance, screen mirroring, and app integration, offering a rich entertainment experience that’s both personalized and easy to use. Our smartwatches are packed with practical features like Bluetooth calling, health and fitness tracking, and real-time notifications, ensuring users stay connected and informed on the go. We see AI not just as a trend, but as a powerful enabler of meaningful innovation. We’re not just creating devices, we’re building experiences that align with how people live, work, and unwind. Cellecor is making smart living a reality for millions of Indians.”

Wearables Become Lifestyle Companions

The evolution of wearables demonstrates how AI transforms simple devices into intelligent companions. CP Khandelwal, CEO PR Innovations and Brand Custodian, Amazfit India, notes: “AI is no longer just a feature, it’s becoming the foundation of how consumers interact with technology. At Amazfit, we’re seeing this shift firsthand in how our smartwatches are evolving from passive health trackers to intelligent lifestyle companions. Features like offline maps powered by real-time location intelligence, adaptive battery optimization based on usage patterns, and advanced health monitoring, including heart rate variability and stress tracking, are all driven by AI to make the experience deeply personalized and proactive. In a world that values convenience, autonomy, and seamless integration, AI-enabled wearables like Amazfit are no longer accessories – they’re central to the connected, intuitive ecosystem of smart living.”

The Road Ahead

As CES 2025 showcased groundbreaking advancements in AI technology, including AI-powered gadgets like intelligent wearables, robotics powered by AI for personalized assistance, and generative AI applications transforming content creation and communication, the Indian market stands poised to embrace these innovations. The focus remains on creating products that solve real problems while remaining accessible to the diverse Indian consumer base.

The future of AI-powered smart living in India lies not in complexity but in simplicity. As these industry leaders demonstrate, success comes from understanding that technology should adapt to people, not the other way around. With the market expected to grow at a healthy 9% annualized rate through 2030, AI-integrated products will continue to redefine how Indians experience their homes, making smart living not a luxury but an everyday reality.

Father’s Day is a heartfelt celebration of the love, sacrifices, and unwavering support that fathers provide. It is a day when children honour their dads with tokens of affection, cherished memories, and thoughtful gestures. This Father’s Day, &TV actors take a nostalgic trip down memory lane, sharing touching stories that highlight the joy and pride of fatherhood. These include Yogesh Tripathi (Daroga Happu Singh, Happu Ki Ultan Paltan) and Rohitashv Gour (Manmohan Tiwari, Bhabiji Ghar Par Hai). 

Yogesh Tripathi, popularly known as Daroga Happu Singh, shares, “My two children are my world, and their presence fills my life with endless happiness. A few years ago, my son Dakshesh – my little Happu in the making – gave me the sweetest surprise. He dressed up exactly like me as Happu Singh, with slicked-back hair, the signature moustache, and even carried a tiny ‘Nyochavar’ pocket! Strutting around the living room with my accent and confidently saying, ‘Niyocchavar kar do!’, he left us all in splits. I was laughing and tearing up at the same time. In that moment, I saw my biggest fan and my most adorable critic rolled into one. That impersonation – innocent, loving, and full of spirit – remains one of the most heartwarming gifts I have ever received.”

Rohitashv Gour aka Manmohan Tiwari from Bhabiji Ghar Par Hai shares, “Daughters just understand you – their love is deep, instinctive, and incredibly thoughtful. I am blessed with two such daughters, and they have always made Father’s Day special. But last year stands out. My elder daughter, Giti, made a surprise trip back to Mumbai from the US, where she is pursuing her studies. Together with my younger one, Sanjiti, they planned a weekend escape to a peaceful hill station called Mahabaleshwar. They booked a cosy cottage, arranged my favourite meals, and ensured I could completely unwind. It was the break I did not know I needed. We even took a beautiful photo at a scenic spot – it is now framed and sits proudly on my wall. That gesture spoke volumes of their love, and I will always cherish it.”

Watch Happu Ki Ultan Paltan at 10:00 pm and Bhabiji Ghar Par Hai at 10:30 pm, airing every Monday to Friday only on &TV!

With Father’s Day approaching, it’s the perfect moment to celebrate the incredible man who’s been your constant support and strength. This year, skip the usual socks and mugs—surprise him with his favourite tech gifts that reflect his personality and passions. Whether he’s a gadget geek or just enjoys tools that simplify life, these sophisticated devices make a powerful statement of appreciation.
Here are four exceptional tech products that would make thoughtful Father’s Day gifts:

Amazon Kindle 10th Generation: For Father’s Day, consider this lightweight and compact e-reader as the perfect gift for your bookworm dad. It features a crisp, clear 6″ high-resolution display with adjustable light, ensuring comfortable reading anywhere, anytime. With double the storage capacity, it can hold thousands of books, magazines, audiobooks, and comics, ensuring he’ll never run out of reading material. Plus, the long battery life allows for weeks of reading on a single charge, making it a thoughtful and practical gift he’ll love.

Sony ZV E1II Camera: Perfect for Father’s Day, the Sony ZV-1 II stands as an exceptional gift for dads who love capturing life’s precious moments. This compact, lightweight vlog camera slips easily into his bag while delivering professional-quality results. Its versatile wide-angle zoom lens expertly frames everything from family gatherings to landscape views, while the premium 1.0-type image sensor ensures his memories are preserved with stunning clarity and detail. The intelligent microphone system captures crystal-clear audio even in challenging environments, making this the ideal all-in-one solution for the dad who cherishes documenting family milestones or pursuing his creative passions. Give him the gift of effortless, professional-quality video and photos this Father’s Day.

HMD 130 and HMD 150 Music: For the dad who enjoys great sound without smartphone distractions, the newly launched HMD 130 Music and HMD 150 Music are the perfect Father’s Day gift. Built for music lovers, these phones feature dedicated music controls, powerful 2500mAh batteries for long-lasting playtime, and deliver impressive audio performance—all wrapped in a classic, modern design. Priced affordably, they also come with UPI support and a replacement guarantee—an essential in this category. Available now on HMD.com, Amazon, Blinkit and retail stores across India. You can find these all new HMD 130 and 150 phones come at a very affordable price of Rs. 1999 and Rs. 2399

Boat Nirvana x TWS Earbuds: If your dad is always plugged into his favorite playlists, podcasts, or audiobooks, the boAt Nirvana TWS earbuds make an exceptional Father’s Day gift. Equipped with Knowles balanced armature drivers and Hi-Res Audio with LDAC support, these earbuds deliver studio-quality sound that brings every note to life. With boAt’s signature Hi-Fi sound, ENx™ technology for crystal-clear calls, and dual pairing for seamless multitasking, they’re built for dads who love convenience without compromising on audio performance. Add to that an impressive 40-hour total playback time, and you’ve got a sleek, powerful gift that keeps him grooving from morning to night.

These curated tech gifts combine innovation, elegance, and function—making them perfect for celebrating the modern-day superhero we call Dad. Show your appreciation with something that speaks to his passions and adds value to his everyday life.

Chitradurga, Karnataka: 16^th June, 2025: Demonstrating commitment towards animal welfare and sustainable community development, Vedanta Sesa Goa – Iron Ore Karnataka (IOK), in collaboration with The Animal Care Organization (TACO) under the aegis of the Anil Agarwal Foundation (AAF) & Yadava Matha, inaugurated a cow shelter in Chitradurga. The shelter provides for a safe & secure space along with facilities for cattle feeding & sanitation arrangements. The initiative reflects Vedanta’s commitment to building a sustainable and scalable ecosystem for animal well-being, rooted in the principles of ‘One Health’

The inauguration ceremony was graced by Sri. Jagadguru Krishnayadava Swamy ji as the Chief Guest, Sri. D. T. Srinivas, Hon’ble MLC for South-East Teachers Constituency, along with P. Narayan, Head Corporate Affairs, Ravi Bisaguppi, Head CSR ER, Vedanta IOK and Dr. Princy John, Head, TACO.

Chief Guest, Sri. Jagadguru Krishnayadava Swamy ji addressed the audience saying, “Vedanta Sesa Goa, in collaboration with TACO & Anil Agarwal Foundation has set up a cow shelter in Chitradurga, which will provide shelter to many stray animals, especially cattle. I pray that this shelter flourishes and continues to serve its noble purpose. This initiative by Vedanta is truly commendable, and I hope they expand it further across more locations. May God bless this company abundantly for undertaking such a great initiative.”

Marking the occasion, the Guest of Honour – Sri. D. T. Srinivas, Hon’ble MLC for South-East Teachers Constituency said, “Today, we have inaugurated the Cow shelter at Sri Yadava Matha, Chitradurga, an initiative by Vedanta Sesa Goa-IOK in collaboration with TACO & Anil Agarwal Foundation. The CSR initiative would greatly benefit the people of Chitradurga. This cow shelter is a sanctuary of compassion, sustainability, and community spirit. It reflects our shared responsibility to protect and preserve our cultural and ecological heritage.”

Shrishaila Gouda, CEO, Vedanta IOK, stated, “This cow shelter is more than just a sanctuary for animals—it is a symbol of our commitment to holistic development. TACO, a groundbreaking project for animal welfare under the aegis of the Anil Agarwal Foundation, offers top-notch infrastructure, veterinary care, training centres, and animal shelters to help heal and safeguard animals. By integrating animal welfare with community upliftment, we are creating a model that benefits both people and the planet.” The shelter is designed to provide rescue and rehabilitation for abandoned and injured cattle.

The establishment of the cow shelter recognizes the interconnected health of animals, people, and the environment. This initiative builds on TACO’s extensive efforts across India, including projects in Haryana, Rajasthan, and Assam, focusing on sterilization, vaccination, wildlife conservation, and establishing shelters and veterinary care programs.

The initiative aligns with TACO’s six foundational pillars: Shelter, Hospital, Academy, Wildlife Conservation, Disaster Relief, and Sectoral Development, and aims to empower local communities, promoting awareness about animal health and welfare & supporting livelihoods through sustainable cattle care practices. The shelter will also serve as a hub for community engagement, offering training and employment opportunities, and promoting eco-friendly practices such as biogas generation and solar-powered infrastructure.

With its focus on advanced animal healthcare, training, and community integration, the Chitradurga cow shelter stands as a beacon of hope and humanity in the realm of animal welfare.

This Father’s Day, Bakingo raises a toast to the Original Gentlemen—the dads who’ve always shown up with quiet strength, unwavering love, and their own delightful quirks. With the campaign “The Real OG,” Bakingo pays tribute to the everyday superheroes who may not wear capes but always come through whether with a “Let me fix it” attitude, a reassuring “You’ve got this” nod, or the silent magic of making your smallest wishes come true before you even speak them.

Known for turning moments into memories, Bakingo, India’s beloved cake destination, launches a Father’s Day collection that celebrates every dad’s personality and vibe. From nostalgic classics to modern indulgences, this range captures the many layers of fatherhood: strong, sweet, sometimes nutty, and always brimming with love.

The highlight of this year’s collection includes Choco Raspberry Cake, a bold and rich treat pairing rich chocolate with bright berry notes. For those who crave the exotic, the Mango Passion Fruit Bento Cake is a burst of exotic & tropical delight sweet, tangy, and full of character. Just like Dad: warm at heart, refreshingly unpredictable, and never afraid to add a little zing to life’s simplest moments. Health-conscious dads haven’t been forgotten either. Bakingo’s Chocolate Sugar-Free Cake offers guilt-free indulgence without compromising on taste.

Adding a touch of fun and emotion, the brand introduces a limited-edition box of 9 brownies spelling out “I Love U DAD,” each square is a bite of appreciation. Also stealing the spotlight is a unique duo of cake popsicles, mango and hazelnut chocolate crafted for the dad who deserves a playful surprise.

“Our Father’s Day collection is a tribute to dads who may not always ask for recognition, but whose love, quirks, and quiet sacrifices deserve to be celebrated in the sweetest way possible,” said Himanshu Chawla, Co-Founder, Bakingo. “With this campaign, we wanted to go beyond clichés and honour the real, original moments of fatherhood, ones that often go unnoticed but never unfelt. From the classic dads to the cool, goofy, silent, and sentimental ones, this one’s for every version of Dad out there.”

In addition to the special Father’s Day Cakes, Bakingo’s website features a wide range of desserts to suit every dad’s personality be it chocolate overload delights, cheesecakes, jarcakes, tres leches and more. Same-day delivery and seamless online ordering ensure that no gesture arrives late.

Bakingo invites everyone to take a moment this Father’s Day to celebrate the man who taught them life’s sweetest lessons. Because being an OG isn’t about a generation it’s about the timeless impact of a father’s love.

This Father’s Day, Arrow celebrates the spirit of fatherhood with its ‘Modern Day’ campaign, highlighting the evolving personas of today’s dads

Mumbai, India, June 16, 2025 Arrow, India’s menswear brand, launches ‘The Modern Dad’ a Father’s Day campaign that redefines how we celebrate dads, not just as caregivers but as individuals with evolving identities and personal style.

At the heart of the campaign is a vibrant showcase of dad personas from the classic and the cool to the creative and the tech-savvy all imagined using AI and styled in Arrow’s timeless silhouettes. Through this digital-first campaign, Arrow captures the essence of fatherhood in 2025: confident, individualistic, and effortlessly stylish.

The brand has rolled out a series of AI-powered visuals across Instagram, each reflecting a distinct dad archetype styled in Arrow’s signature shirts, suits, and casualwear. These visuals are brought to life further through Instagram Reels and storytelling-led posts that highlight how style can be a reflection of personality even for dads. Adding an engaging layer to the campaign is a special social media contest, inviting followers to share their own dad’s aesthetic using the official campaign hashtag #TheModernDadByArrow. Selected entries will be featured on Arrow’s social handles, turning the spotlight on real-world fathers and their unique style journeys.

‘At Arrow, we believe every father has a unique style of story. This Father’s Day, we’re celebrating the many facets of modern fatherhood through a campaign that brings diverse dad personas to life each styled effortlessly in Arrow’s versatile collection. From boardroom meetings to weekend adventures, our looks are designed to match the pace, personality, and presence of today’s dads. It’s our tribute to their strength, style, and everything in between.,” said Anand Aiyer, CEO of Arrow..’

The campaign speaks directly to millennial dads and their families, tapping into emotion, relatability, and fashion-forward storytelling. This Father’s Day, Arrow invites you to celebrate the modern dad not just for who he is, but for how he expresses himself.

London, 16 June 2025: Aspora, a fintech company committed to reimagining banking for immigrants, has announced the successful raise of $53 million in Series B funding, co-led by Sequoia and Greylock, with Quantum Light Ventures also contributing to the round. Existing investors include Hummingbird Ventures, Soma Capital, Global Founders Capital and Y Combinator. Previously, known as Vance, the company is building financial solutions tailored for global diasporas—starting with non-resident Indians (NRIs), who represent just 1% of India’s population but contribute significantly to its economy. This fundraise marks a major milestone in Aspora’s mission to transform cross-border banking.

Emphasising on the fundraise, Parth Garg, Founder and CEO, Aspora, said, “The latest fundraise allows us to accelerate our mission of building a truly global financial ecosystem for diaspora communities. We’re just getting started—our users deserve modern financial infrastructure that works across borders.”

Aspora was founded in 2022 by Parth Garg, who made the bold decision to drop out of Stanford University to build the company. Parth was born in India and spent his formative years in both India and Abu Dhabi. Drawing from personal experiences navigating financial systems across borders, Parth set out to address the unique challenges faced by global Indians.

Today, Aspora serves 250,000 users, helping them remit money to India with ease. The company’s core user base is currently in the UAE. In the past six months alone, Aspora’s transaction volume has surged from $400 million to over $2 billion. During the same period, users have collectively saved over $15 million in fees—savings that would have otherwise gone to traditional providers. Aspora guarantees users exchange rates identical to those displayed on Google and charges zero fees on transfers made from the UAE (fees do apply in other regions).

The company currently operates in the UK, the UAE, and across the EU region. It is now preparing to launch in the United States this July, followed by planned expansions into Canada, Australia, and Singapore by the end of the year. Aspora is also building a suite of new products to help users bank seamlessly across multiple countries, invest in diverse asset classes, and access credit and insurance services across borders—further strengthening its vision to support the evolving financial needs of global Indians.This announcement marks the culmination of three rounds of funding raised over the past six months to the tune of $93 million:

• Seed extension ($5M) – September 2024 led by Hummingbird Ventures (existing investors)

• Series A ($35M) – December 2024 led by Sequoia Capital with participation from Greylock

• Series B ($53M) – May 2025, co-led by Sequoia and Greylock with Quantum Light (Nik Storonsky’s fund, CEO of Revolut) participating

Aspora is also backed by notable angels including Balaji Srinivasan, Former CTO, Coinbase; Sundeep Jain, Former CPO, Uber; Prasanna Sankar, Co-Founder, Rippling; and Chad West, Former Global Head of Marketing and Communications, Revolut. The company is headquartered in London with offices in Dubai and Bengaluru.

Luciana Lixandru, Partner, Sequoia Capital, and a new member of Aspora’s board, said: “Aspora is bringing diaspora banking into the modern age, enabling many millions to participate in the growth stories of their home countries. This isn’t just about digital banking; it’s about the new opportunities Aspora can create for immigrants all over the world. We were proud to be among Aspora’s first believers by leading their Series A late last year and after seeing the team drive payment volume to $2B. We’re excited to double down and co-lead their Series B as they scale and expand into the US, Canada, and Europe.”

Aspora is set to redefine how immigrant communities manage and grow their money globally. As it expands into new markets and builds out a comprehensive cross-border financial platform, the company remains focused on one goal: empowering global Indians with seamless, transparent, and borderless banking. To learn more, read the official press release and Aspora’s blog post announcing the $53M fundraise.