Indian startups saw fresh capital flow into fintech and digital fashion on 21 May 2026, with two funding rounds anchoring the day. Travel-fintech Scapia led the tally with a $63 million raise backed by General Catalyst, while Meta Fashion picked up $400K in pre-seed funding led by Lumikai. On the
In July, Zepto, a platform for quick commerce, will conduct its initial public offering (IPO) with a target price of INR 11,000 crore. If the IPO is approved, Zepto would become the third Indian food delivery app to follow Swiggy and Zomato in being listed on a stock exchange.
With an investment of over $10 billion, Advanced Micro Devices plans to significantly increase its footprint in Taiwan. Therefore, in an effort to catch up to Nvidia in the rapidly expanding market for artificial intelligence chips, it is strengthening relationships throughout the island's semiconductor ecosystem. The American semiconductor
A broader overhaul of loan recovery standards is underway. Reserve Bank of India (RBI) has issued modification orders to update 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents.'. As part of the planned changes, financial institutions like banks and NBFCs will be able
Gold prices in India today are around ₹15,944 per gram for 24-carat gold, while silver prices are near ₹2,85,000 per kg. Prices are mostly stable as investors react to the US Federal Reserve’s latest policy comments. Gold and silver rates on 21 May 2026 saw only
As part of its aggressive push into artificial intelligence, corporate software company Intuit is laying off about 3,000 workers worldwide. Additionally, in order to better compete in a market that is becoming more and more driven by AI, the company is restructuring its organisational structure. Chief Executive Officer Sasan
Southwest Airlines' recently established Global Innovation Centre in Hyderabad aims to hire approximately 1,000 people in the next years. The move is part of the airline's strategy to fortify its engineering and technological capacities in countries other than the US. According to remarks made by senior
Bengaluru-based industrial robotics company ANSCER Robotics has raised ₹45 crore in a fresh funding round led by IAN Alpha Fund, the second venture capital fund in IAN Group's series, with participation from Info Edge and a clutch of angel investors. The capital infusion, announced on 21 May 2026,
Meta Fashion, a Delhi-based digital fashion platform building what its founders describe as the "Zara for the Virtual World," has raised approximately $400,000 in a pre-seed funding round led by Lumikai, India's interactive media, digital platforms, and games-focused venture capital fund. The round, announced on
Scapia, the Bengaluru-based travel-fintech company, has raised $63 million in a fresh funding round led by US-based venture firm General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. The round, announced on May 21, 2026, takes the company's total equity funding to approximately $135
From defensive mindsets and rushed hiring to AI-driven bias, HR leaders across industries talk about the silent hiring red flags shaping recruitment decisions in 2026.
Despite TCS announcing an average salary increase of around 5%, numerous staffers have claimed that their monthly salaries have been reduced, leading employees to question the company's latest appraisal cycle. The corporation reportedly implemented wage adjustments on May 18, according to recent media reports. The appraisal season has
The gold price today in India is ₹15,940 per gram for 24-carat gold, down 0.28% from yesterday. The silver price today in India is ₹2,72,850 per kg, rising 0.69% in a split-session day. Gold pulled away from its ₹1.60 lakh mark in early trade
To increase commercial electric mobility and decrease emissions from the transportation sector, India is contemplating a $1 billion (approximately INR 8,300 crore) incentive programme. The step is taken to encourage private fleet operators to purchase electric buses and trucks. Despite having lower operating expenses than conventional diesel vehicles, electric
On International HR Day 2026, StartupTalky speaks to HR leaders across tech, BFSI, and EdTech to understand what actually drives employee retention in India today, from career visibility and leadership trust to AI-led skilling and emotional engagement.
Priority Postpaid, a new service by Bharti Airtel that uses 5G slicing technology, was announced for launch on 19 May. The service will dynamically prioritise network capacity for postpaid customers, and this is the first commercial rollout of its kind in India, according to Airtel. Customers who rely on constant
On International HR Day 2026, StartupTalky explores how AI is reshaping hiring, skills, and the future of work. While 78 million new jobs are expected globally by 2030, India faces a widening gap between AI adoption and workforce readiness, raising urgent questions for businesses and HR leaders.
PoSH complaints in India’s tech sector have nearly quadrupled, but most companies still treat compliance as paperwork. As reporting rises across IT firms, weak implementation, legal risks, and trust gaps are emerging as major challenges for startups and HR leaders.
Mythik, the tech-first global entertainment company founded by Jason Kothari, has raised an additional $5 million in fresh capital, lifting its valuation to over $50 million and reinforcing its standing as one of the most closely watched new entrants in the emerging media-tech landscape. The top-up round, announced on May
With this latest round of massive layoffs, Meta is removing approximately 10% of its worldwide workforce. By ordering employees in places like the United States, the United Kingdom, and Singapore to remain at home and work, Meta successfully avoided any internal turmoil in the company. The layoff notifications eventually arrived
606 LinkedIn employees in California have been notified that they will be laid off this summer. This decision was made shortly after the professional networking platform's most recent quarterly results showed a 12% increase in revenue year over year. Multiple US media outlets reviewed a WARN filing that
Explore the top multinational companies in India, from Tata Group and Infosys to Amazon and Samsung. Discover the biggest MNC employers, revenue leaders, industries, and how these global giants are shaping India’s economy and job market.
Indian startup activity on 19 May 2026 was led by early-stage rounds in fintech and agri-finance, alongside notable secondary market action. Two funding rounds were announced, with agri-finance startup ONO leading the day at $1.2 million. In key business news, Groww's promoter group sold shares worth ₹270
By the year 2030, the food and drink giant PepsiCo plans to pour as much as INR 5,700 crore into the Indian market. According to Jagrut Kotecha, the chief executive officer for India and South Asia, the investment will mainly go toward increasing the production capacity of the company&
The gold price today in India is ₹16,042 per gram for 24-carat gold, up 0.28% from Monday. The silver price today in India is ₹2,74,560 per kg, falling 0.94% as rate-cut hopes fade further. Gold and silver prices in India showed a mixed trend on
The National Payments Corporation of India (NPCI) is reportedly working on a standardised, interoperable framework for soundboxes. This new initiative will enable all payment apps to support transactions based on the Unified Payments Interface. As soundboxes proliferate among stores and mom-and-pop shops, NPCI's unified platform will function independently
On May 20, Meta will lay off 10% of its employees. This is all a part of a larger reorganisation that the company is undergoing in response to its increasing emphasis on AI and automation. The corporation is planning to implement significant organisational changes to restructure workflows around AI-driven operations
Discover how movie theatres make money through ticket sales, food and beverage revenue, advertising, and premium experiences. Learn about cinema hall business models, movie distribution, theatre profits in India, and the future of movie theatres in the streaming era.
Standard Chartered, a bank with headquarters in London, has stated that it will eliminate over 15% (around 7800 employees) of its workforce by the year 2030. The move comes as the bank increases its use of AI to improve efficiency, according to media reports. Its website states that the layoffs
Trackk, an investment platform targeting Gen Z investors in India, has raised $3.7 million in a seed funding round led by Lightspeed, with participation from Info Edge Ventures and a clutch of high-profile angel investors including Gaurav Munjal, Roman Saini, Tanmay Bhatt, Varun Mayya, and Gaurav Kapoor. The fresh
An investigation into what one of India's biggest creators isn't saying about his ₹100 crore "shutdown."
A new and ambitious industrial policy has been unveiled by the Haryana government. Massive investment, the creation of lakhs of jobs, and the promotion of cleaner transport in the National Capital Region (NCR) are all goals of the policy. On 18 May, the State Cabinet put the "Make in
Bengaluru-based Agri-Finance startup ONO has raised $1.2 million in a Pre-Series A funding round led by early-stage venture capital firm Aeravti Ventures, with participation from Tremis Capital and a clutch of angel investors. The fresh capital arrives as the company scales its data and AI-led post-harvest infrastructure for Agri-SMEs
India’s multiplex industry has transformed movie-going with premium screens, advanced technology, and luxury experiences. From industry giants like PVR INOX and Cinépolis to emerging regional players, explore the top multiplex companies shaping the future of cinema entertainment in India.
Welcome to StartupTalky’s 2026 Indian startup funding updates. This article provides a clear and easy overview of the latest startup funding news in India throughout the year. Our weekly funding tables, updated regularly, track how much funding each startup has raised, the sectors they operate in, the key investors
Looking for the best daily money-earning apps in India? Discover trusted Android apps that help you earn through surveys, cashback, referrals, gaming, and simple tasks to generate extra daily income.
Indian startups saw funding flow into trading-tech, biotech, and recovery-tech today, with three rounds totalling around ₹50.3 crore. Mumbai-based trading app Trackk led the day, raising ₹30 crore in an extended seed round from Lightspeed India and Info Edge Ventures. Cellogen Therapeutics bagged ₹20 crore from Kotak Alts to
There will be 850 layoffs at Inter IKEA, the business that franchises the internationally renowned Swedish furniture giant IKEA in 63 countries. In response to declining consumer demand and increasing economic pressures, the move is a component of a comprehensive plan to cut costs. The elimination of positions is part
In an effort to save $2 billion, Starbucks Corp. is considering opening a technology office in India. A message was sent to employees stating that the new hub is scheduled to be built during the company's fiscal year 2027, which begins in October. After deciding on a location
With the opening of Million Minds Tech City, Ahmedabad is vying to become one of India's many Global Capability Centre (GCC) nodes. In this endeavour, Ganesh Housing Limited is investing INR 15,000 crore to build an integrated technological township. Ahmedabad has long been known as a hub
Key Highlights * Paramotor Digital Technology has confidentially filed its draft red herring prospectus (DRHP) with SEBI under the pre-filing route for a proposed IPO. * The Mumbai-based fintech reported revenue of ₹112 crore in FY 2024-25, up 232% year-on-year, with net profit of ₹29.2 crore. * Its portfolio includes SpendPro, RewardOn,
Bharti Airtel Ltd. has overtaken HDFC Bank Ltd. to become India's second most valued listed company by market capitalisation on Monday, May 18, 2026, as the telecom major's shares climbed for a fourth consecutive session while the private lender remained under pressure over its chairman succession
The gold price today in India is ₹15,693 per gram for 24-carat gold, unchanged from Sunday. The silver price today in India is ₹2,79,900 per kg, broadly flat as the week begins. Today's gold price in India stands at ₹15,693 per gram for 24-carat
Recently, Jane Street Group LLC established a new office in Singapore. Consequently, as it keeps expanding its operations across Asia, it is doubling its seating capacity to 250 people. A total of 24,000 square feet (2,230 square metres) has been leased by the market maker in the IOI
Discover 52 profitable low-investment business ideas you can start in India with INR 1 lakh or less. From online ventures to retail and service businesses, explore smart opportunities with high growth potential and low startup costs.
Welcome to StartupTalky’s 2026 US funding updates. This article offers a clear and structured overview of the latest investment activity in the United States throughout the year. Our weekly funding tables, updated regularly, track how much funding companies have raised, the industries they operate in, key investors involved, and
The gold price today in India is ₹15,911 per gram for 24-carat gold. The silver price today in India is ₹2,71,740 per kg. Both metals are flat today after one of the most turbulent weeks in Indian bullion market history. Gold prices in India remained unchanged on
India had over 601 million OTT viewers in 2025, or 41.1% of the population streaming online video, according to the Ormax OTT Audience Report 2025. Yet only 148.2 million held active paid subscriptions. The industry is currently grappling with high churn (the rate at which subscribers cancel their
The gold price today in India is ₹15,910 per gram for 24-carat gold, down sharply from ₹16,265 yesterday. The silver price today in India has crashed to ₹2,71,720 per kg, a fall of over ₹20,000 in just 24 hours. Spot gold fell 2% to around
Sanjay and Dheeraj Hinduja and Family, representing the 111-year-old transnational conglomerate Hinduja Group, has topped the Sunday Times Rich List at £38 billion for the fifth successive year. The Sunday Times Rich List is a definitive annual ranking of the wealthiest individuals and families residing in the United Kingdom, with
Electric vehicle (EV) giant Ola Electric's board of directors has approved a cumulative investment of INR 2,000 Cr just days before the company reports its financial results for the fourth quarter. The company's cell manufacturing division, Ola Cell Technologies Pvt Ltd (OCT), and its vehicle
India's startup ecosystem saw meaningful action on 15 May 2026, with mobility, consumer brands, and electric vehicles drawing fresh capital. Three funding rounds were announced today, led by Rapido's $240 million primary infusion from Prosus at a $3 billion valuation. On the news front, Walmart-owned Flipkart
Coal India Ltd's solar manufacturing subsidiary has been dissolved. This action officially ends the company's plans to use a special-purpose vehicle to get into integrated solar photovoltaic manufacturing. In a regulatory filing, the state-owned coal miner announced that CIL Solar PV Ltd has been dissolved and
On May 14th, the Enforcement Directorate announced that bank deposits totalling INR 526 crore had been frozen. Moreover, the Enforcement Directorate (ED) has announced that, following the conclusion of searches in a money laundering case involving the online gaming platform Gameskraft and its founders, it has confiscated INR 11 lakh
By the end of 2027, Uber intends to establish two substantial technology centers in Bengaluru and Hyderabad. Consequently, this shows Uber's stronger dedication towards India in the long run. The business is currently increasing its presence in the field of engineering and infrastructure in a rapidly developing market.
The silver price today in India is ₹2,90,000 per kg, falling sharply after COMEX silver crashed nearly 6% overnight. The gold price today in India is ₹16,265 per gram for 24-carat gold, broadly steady but under pressure. Both metals are correcting after a historic two-day surge driven
Campus job offers from Oracle have allegedly been withdrawn from students at various National Institutes of Technology and Indian Institutes of Technology. More than 30,000 workers across the globe were allegedly impacted by the tech company's massive global restructuring exercise, which was completed just weeks ago. Due
Explore the best government franchise opportunities in India, including India Post, BSNL, Jan Aushadhi, CSC, and Indian Oil. Compare investment, ROI, and requirements to choose the right government-backed business opportunity.
Legend of Toys, the Bengaluru-based direct-to-consumer toy brand, has raised ₹21 crore in a Pre-Series A funding round aimed at building what the company describes as India's first premium play universe. The round saw participation from Singularity Early Opportunities Fund, Veltis Capital, Enzia Ventures, DeVC, Atrium Angels and
Discover 64 profitable land business ideas in India to earn from vacant or empty land. Explore farming, EV charging stations, cold storage, parking lots, solar energy, and more high-return opportunities.
Explore the top 10 largest film studios in the world, ranked by revenue, global reach, and blockbuster franchises. From The Walt Disney Company to Universal Pictures, discover the entertainment giants shaping global cinema.
The gold price today in India is ₹16,201 per gram for 24-carat gold, and the silver price today in India has crossed ₹3,10,000 per kg in Mumbai. Both metals continue to trade at elevated levels, a day after India's historic import duty hike from 6%
Three former Peak XV Partners managing directors, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital, a new India-focused venture capital firm, and are targeting a maiden fund of $350 million to $400 million to back domestic startups, according to multiple media reports on May 14, 2026. The
* Secret Alchemist, the Samantha Ruth Prabhu co-founded aromatherapy and clean fragrance brand, leads IPV's exit slate with a standout 192% IRR and 4.56x MoM, followed by Aerem (60% IRR, 3.92x MoM), Qubehealth (49% IRR, 5.49x MoM), and Kazam (34% IRR, 4.21x MoM) among top
India’s oil and gas sector powers the nation’s economy and energy needs. With rising fuel demand, rapid gas infrastructure growth, and investments in cleaner energy solutions, the industry is evolving quickly while balancing energy security with sustainability goals.
Discover the best digital savings apps in India that help automate savings, earn returns, track expenses, and build better financial habits through smart investing and cashback rewards.
In anticipation of its highly anticipated initial public offering (IPO), the digital arm of Reliance Industries, Jio Platforms, has named Akash Ambani as its managing director for a duration of five years, starting April 9, 2026. The nomination was approved by a vote of all board members at an April
Tuesday's deal flow was led by early-stage rounds across fintech, housing finance and on-demand services, with three Indian startups collectively raising over ₹40 crore. Doorstep smartphone repair startup Instafix secured ₹7.55 crore in pre-seed funding, while Nivasa Finance closed a ₹25 crore seed round to scale its
The gold price today in India has surged nearly 6% to ₹1,63,000 per 10 grams. The silver price today in India is ₹2,96,910 per kg, up 6.2% in a single session. The Centre has more than doubled the import duty on gold and silver, raising
The health and insurance benefits for over 90,000 delivery colleagues across Amazon India's operations network have been enhanced, the company announced. Coverage for common medical expenses can be obtained through the benefits' outpatient department (OPD) coverage. Compensation for both temporary and permanent disabilities, as well as
Meta workers are protesting the company's new monitoring software that aims to teach AI by posting leaflets around the headquarters in the United States. This change occurred only days before the corporation was scheduled to start laying off 10% of its employees on May 20. The Model Capability
Rathnakar Samavedam shares how Hyderabad Angels Fund is backing resilient startups, addressing India’s early-growth funding gap, and reshaping regional venture capital.
Gurugram, May 13, 2026 — Instafix, a 30-minute doorstep smartphone repair service, has raised ₹7.55 crore in a pre-seed funding round co-led by Titan Capital and 8i Ventures. The round also saw participation from Anish Srivastava, Senior Vice President at Blinkit, and Bharat Kalia, Co-founder and CEO of Lifelong. The
Walmart is purportedly contemplating the reduction or relocation of approximately 1,000 corporate employees. Its technology and AI activities are being restructured, and this relocation or these layoffs are just one component of this development. As part of its strategy to better integrate its worldwide technology and AI product teams,
Prashasta Seth shares how Prudent Investment Managers is blending VC agility with PE discipline to back capital-efficient startups built for long-term, sustainable growth.
As India’s capital markets grow rapidly, AI-native investment bank S45 is transforming IPOs and M&A with faster execution, stronger compliance, and smarter deal-making.
India's credit card industry has undergone a remarkable transformation over the past five years. From fewer than 60 million cards in FY2020, the country now has over 118 million credit cards in circulation. Spending has grown from under ₹6 trillion annually to nearly ₹24 trillion in FY2026, reflecting
S Cube Capital (SAIML Pte Ltd), a fund management firm located in Singapore, has been bought by InCred Capital, the wealth management subsidiary of InCred Group. The business announced its intention to merge S Cube Capital with its Singaporean subsidiary, InCred Global Wealth Pte Ltd, pending necessary regulatory clearances. With
India's startup ecosystem saw funding activity span semiconductors, electronics manufacturing, deeptech, foodtech and cybersecurity on 12 May 2026. Bengaluru-based HrdWyr led the day with a $13 million Series A to build AI-native chips, while Mekr raised ₹67 crore to scale its electronics manufacturing platform. Spacetech firm Agnikul Cosmos
Commercial real estate developers are increasingly turning rooftops into revenue-generating assets through solar energy, unlocking cost savings, sustainability benefits, and long-term asset value.
The OpenAI Deployment Company is a new venture from OpenAI that will assist organisations in developing and implementing AI systems that are reliable and applicable to their critical daily operations. Organisations tackling difficult challenges in harsh environments will have access to Forward Deployed Engineers (FDEs), who are experts in frontier
Hundreds of paid workers in GM's IT department have been let go as layoffs have started. The move comes as the US carmaker tightens its grip on costs and reevaluates its workforce needs in certain areas. Roughly 500 to 600 employees worldwide are projected to be impacted by
The gold price today in India is ₹1,52,500 per 10 grams for 24-carat gold, down 0.42% from Monday. The silver price today in India has crashed from ₹4,300 to ₹2,62,730 per kg after hitting a high of nearly ₹2,82,000 earlier in the
India’s automotive market kicked off FY27 on a high note, with April 2026 auto sales recording strong growth across segments. The surge was largely driven by rising demand for electric vehicles (EVs) and sport utility vehicles (SUVs), reflecting a clear shift in consumer preferences. The month saw impressive traction
In this interview, Aditya Vuchi shares how VCMint is redefining patient capital, what founders often miss while fundraising, Hyderabad’s startup rise, and the signals that make early-stage startups investment-worthy.
In this interview, Kulmani Rana of Fibonacci X shares insights on VenturEdu’s unique founder-building model, India’s evolving startup funding landscape, family office investments, M&A opportunities, and what early-stage founders need to build scalable, investor-ready ventures in 2025–26.
Staff layoffs, reorganisation of management, and increased use of AI throughout internal processes are all part of GitLab's massive organisational change, which the company has disclosed. This move is being made by the software corporation in preparation for the ever-changing world of AI-driven development. On May 11th, the
The Seattle headquarters of Starbucks has laid off 61 corporate technology employees. Last week, the company's Worker Adjustment and Retraining Notification filing revealed that this action is being made as part of a comprehensive operational revamp under CEO Brian Niccol. With the layoffs underway, the worldwide coffee company
Indian startup activity on 11 May 2026 was led by healthy packaged foods and fintech, with one notable funding round and a clutch of IPO and listed-company updates. Wingreens Farms closed a ₹120 crore Series D and acquired Safe Harvest in a share-swap deal. On the public markets front, InCred
As part of its internal reorganisation in preparation for its anticipated initial public offering (IPO) next year, Google-backed edtech giant Adda247 has fired 20% of its staff, or about 200 people. The layoffs affected workers in a wide range of departments, according to news accounts. Employees in departments like product,
India’s RBI is cracking down on dark patterns in digital banking. From hidden fees to manipulative consent flows, the new 2026 regulations force banks and NBFCs to prioritize transparency, fairness, and user trust over conversion-driven design.
In order to fund further expenditures in artificial intelligence, Commerzbank intends to let off 3,000 employees. The move was made as the second-largest listed bank in Germany fortified its defences against a takeover bid by UniCredit of Italy. On May 8, the Frankfurt-based bank announced the layoffs as part
About 70 people, or about 15% of Truecaller's employees, will lose their employment. This comes after the company had a rough first quarter, posting sharp drops in sales in India as well as lower advertising income and overall pressure on its fundamental business model. The caller ID firm
Kathy's Beverages Pvt Ltd, the parent company of Mumbai-based bubble tea and beverage brand Bobakat, has raised ₹6 crore (approximately USD 638,000) in a Pre-Series A funding round to fuel a nationwide retail expansion and accelerate product innovation, the company announced Monday. The fresh capital will be
Oracle is currently experiencing an increase in criticism from former employees as a result of the mass termination of approximately 20,000 employees. The layoff has resulted in disputes regarding severance terms, forfeited stock compensation, and labour protection regulations. Employees in the US, India, and other foreign locations were hit
Sindhuja Microcredit, a new generation digital and rural-focused microfinance institution (MFI) providing financial services to self-employed women entrepreneurs, has raised $5 million (INR 47 crores) in a Pre Series D funding round. Existing investors Abler Nordic, GAWA Capital (through its vehicle Huruma Fund) and Oikocredit have participated in this round.
SustainKart rose as India’s promising green commerce startup but shut down amid financial strain, founder disputes, and legal controversy. Here’s the full story behind its dramatic collapse.
Three of Porsche AG's companies will be closed, and over 500 jobs will be eliminated. The German luxury automaker is taking this action as part of its reorganisation to put greater emphasis on its primary business. This shift is a major strategic rethink for Porsche, as it is
India’s largest public sector lender, State Bank of India (SBI), has reported a steady rise in profits for both the full financial year FY26 and the March quarter, reflecting stable loan growth and improving asset quality. However, the bank’s shares saw a sharp decline following the announcement, signalling
Thousands of long-serving Microsoft employees in the US now have the option to voluntarily leave the company. Consequently, this is the first retirement buyout programme that the corporation has ever run in its fifty years. After being discussed internally last month, Microsoft's HR systems have officially detailed the