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Aurionpro Payments, a subsidiary of the technology solutions company Aurionpro said the payment aggregator license will help the company towards its long-term goal as a payment service provider.

Silicon Valley-based early-stage venture fund South Park Commons made its India entry with an outpost in Bengaluru. This is its first international location outside of the US. The fund was launched in 2016 as a collective of engineers, founders and researchers by husband-wife duo of Ruchi Sanghvi and Aditya Agarwal.

Amazon-owned Amazon Web Services (AWS) has committed $230 million to support generative AI startups, announcing the expansion of its global Generative AI Accelerator.

As many as 17 Indian startups raised around $402.34 million in funding this week. These deals count 4 growth-stage deals 11 early-stage deals.