The brain behind one of India’s most used cellular network, Jio, Mukesh Ambani is one of the richest persons of the world. Born in Aden and raised in Mumbai, Mukesh Ambani discontinued his MBA to join his father Dhirubhai Ambani in their family business. While he is known all over the world, there are a few facts about India’s richest man that are still unknown.
Here are some of the interesting facts about this business tycoon
1. Mukesh Ambani not only lives in the most expensive house but also travels in expensive cars! His BMW760Li is considered to be one of India’s most expensive cars worth Rs. 8.5 crores.
2. Apart from being one of the richest Indian, his company also contributes 5% to the country’s Gross Domestic Product.
3. Considered to be some of the biggest business tycoons, Adi Godrej, Anand Mahindra Anand Jain and Mukesh Ambani studied in the same school and are also said to be best friends.
4. Despite managing some of the biggest companies in India and working with the best minds in the country, Mukesh Ambani is a shy speaker and tends to get nervous when speaking at public events.
5. The refinery in Jamnagar, Gujarat, which was commissioned by Mukesh Ambani, holds a capacity of 668000 barrels per day and is the world’s largest refinery.
6. The Ambani mansion also called ‘Antilla’ is one of the most expensive residential properties in the world. The 4,00,000 sq. ft. building is 570 feet tall with 27 floors and no twp floors are similar.
7. Mukesh Ambani is also the only Indian businessman to get z level security which reportedly costs him around Rs 15 to 16 lakh per month.
Watch how Mukesh Ambani grew to be one of the biggest names in the world here!
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Tesla has ramped up its India expansion by leasing a 24,565 sq ft warehouse at Lodha Logistics Park in Mumbai’s Kurla West. The five-year lease, registered on May 16, 2025, involves a total rent of over ₹24 crore, starting at ₹37.53 lakh per month with a 5% annual escalation. The facility includes two ground-floor units and 20 parking spots, with rent payments commencing June 1, 2025.
This warehouse will function as a key service center and garage for Tesla’s India operations, excluding bodywork and spray painting. The move supports Tesla’s preparations for its official market debut, expected in late 2025 or early 2026.
Tesla’s India rollout includes offices in Pune, flagship showrooms in Mumbai’s Bandra Kurla Complex (BKC) and Delhi-NCR, and co-working spaces in Mumbai. The new warehouse lease highlights Tesla’s commitment to building a robust infrastructure for sales, service, and delivery of electric vehicles and energy products across India.
While manufacturing plans are not yet confirmed, Tesla is reportedly exploring sites in Maharashtra for a potential assembly unit. The Mumbai warehouse lease marks a significant step in Tesla’s strategy to establish a strong presence in one of the world’s fastest-growing EV markets.
MeitY Startup Hub (MSH), under the Ministry of Electronics and Information Technology, has partnered with fintech leader Razorpay to support the growth of deeptech and emerging tech startups across India, with a special focus on those in Tier II and III cities. Through this collaboration, early-stage startups will gain access to Razorpay’s fintech infrastructure, mentorship, and resources via the Razorpay Rize program.
Startups in areas like AI, blockchain, robotics, and IoT will benefit from streamlined company incorporation support, expert mentorship, product credits, and guidance for applying to global accelerators such as Y Combinator. Selected founders will also join the exclusive Rize Community, connecting with peer networks and attending masterclasses.
MSH CEO Panneerselvam Madanagopal emphasized that this partnership will help founders scale faster by providing vital support in mentorship, capital access, and digital infrastructure. As India’s startup ecosystem surpasses 159,000 DPIIT-recognised startups, this initiative aims to give deeptech entrepreneurs the tools and networks needed to innovate for India and expand globally.
Bengaluru-based investment bank IndigoEdge, in partnership with entrepreneur Hitesh Ahuja, has launched PixelSky Capital, a secondaries fund targeting INR 400 crore. The fund will invest in eight late-stage tech and consumer companies expected to go public within three to four years, with cheque sizes of INR 40–50 crore each. PixelSky has already invested in beauty retailer Purplle and aims to close a second deal by June 2025.
The fund focuses on secondary transactions, allowing existing shareholders to sell stakes to new investors, providing liquidity ahead of IPOs. Founders have committed INR 10–15 crore, with additional capital coming from domestic family offices and startup founders. Final close is expected by March 2026.
Led by Hitesh Ahuja, who sold his foodtech startup Yumlane in 2023, and IndigoEdge cofounder Zerin Rahiman, PixelSky marks IndigoEdge’s expansion from advisory and proprietary investments into fund management. The firm has facilitated over 150 transactions worth around $3 billion and invested INR 25–30 crore as a limited partner in multiple VC funds. PixelSky is currently evaluating about 20 companies before finalizing its portfolio
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