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The media company has also alleged that Perplexity's AI agent Comet is also scraping its paywalled content.
In July this year, Shoppin co-founder Utsav Soi filed a petition accusing co-founder Shlok Bhartiya and Info Edge of "oppression and mismanagement."
The investment round also saw participation from prominent angel investors including Abhishek Goyal (Tracxn) and Mekin Maheshwari (Flipkart).
The fresh capital will help AI startup expand its capacity to meet growing enterprise demand.
The move marks its bid to expand its reach and change the way people browse the internet which is currently dominated by Google Search.
The social media company has roped in Mark Lee and Tom Gunter to join its Superintelligence Labs division.
Google is rolling out new capabilities in Search, including Gemini 2.5 Pro and Deep Search, to Google AI Pro and AI Ultra subscribers.
This development represents LG's second major AI milestone this year, building upon the March release of EXAONE Deep, which became South Korea's first reasoning AI model.
For the wider rollout, Comet will be an invite-only product for which people will have to wait over the summer.
The approval allows Paytm Money to provide SEBI-compliant research services, which include investment insights, research reports and data-driven analysis.
