A business journalist delivering the latest news, updates, and industry insights from the business ecosystem. Have anything interesting to share on our site? Reach out at story@startuptalky.com
WeWork India Management, an office-sharing business owned by the Embassy Group, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI), the capital markets regulator, in order to acquire money through an initial public offering (IPO). An offer for sale (OFS) of up
According to a company advertisement, e-commerce giant Flipkart has changed the name of its grocery division from "Grocery" to "Kilos," with the goal of offering daily necessities at discounted costs. Kilos is displaying extended delivery timeframes for goods comparable to Amazon's Fresh, in contrast
According to a regulatory filing, Paytm Cloud Technologies Limited (PCTL), the firm's wholly owned subsidiary, has authorised a $1 million (INR 8.7 crore) investment to purchase a 25% share in Seven Technology LLC, the parent company of the Brazilian integrated finance startup Dinie. Following the deal, Dinie
In the upcoming fiscal year, the government has allocated INR 437 crore instead of the INR 2000 crore it had set aside the previous year to promote RuPay debit cards and low-value UPI transactions (up to INR 2,000). The central government has made low-value UPI and RuPay debit card
According to Apple CEO Tim Cook, the company's October–December quarter sales in India set a record, with the iPhone emerging as the top-selling smartphone model in the nation. Throughout the company's Q1 2025 financial results call, Cook stated, "I am especially keen on India,
Mark Zuckerberg, the CEO of Meta, isn't overly concerned about DeepSeek's ascension, even though the Chinese AI lab's rapid rise has shocked Wall Street and Silicon Valley. In fact, Zuckerberg stated on January 29 that Meta's open-source strategy, which is based on
India will soon host the Chinese AI platform DeepSeek on local servers, according to Union IT Minister Ashwini Vaishnaw, in order to allay privacy worries about cross-border data transfers. Since DeepSeek is an open-source AI model that may be hosted on Indian servers, the minister stated as much during a
Quick commerce unicorn Zepto is now offering 10-minute returns and exchanges for certain product categories. The firm posted on LinkedIn, "Now, return or exchange your Zepto orders in just 10 minutes." The majority of Zepto's categories are covered by its return policy, with the exception of
IT Minister Ashwini Vaishnaw announced on January 30 that the Indian government has chosen to develop a large language model of its own domestically as part of the INR 10,370 crore IndiaAI Mission, just days after a startup Chinese artificial intelligence (AI) lab unveiled the low-cost foundational model DeepSeek.
B2B marketplace unicorn OfBusiness has taken another step towards becoming a public business in anticipation of its initial public offering (IPO). On January 27, the board of OfBusiness approved a resolution to convert the company from a private to a public entity. According to the company's regulatory papers,
According to SastaSundar Ventures, which runs digital platforms with a health focus, its collaboration with e-commerce behemoth Flipkart is now finished. B L Mittal, the founder and executive chairman of SastaSundar, told a news agency that SastaSundar Healthbuddy, a division of SastaSundar Ventures, had reclaimed the brand's intellectual
On 29 January, the Securities and Exchange Board of India released additional explanations regarding the finfluencer rules. Brokers, mutual funds, investment advisers, exchanges, and other market participants are prohibited from having a direct or indirect relationship with unregistered influencers, according to the document on the SEBI website. The regulator'