According to media reports, Microsoft is assigning Ryan Roslansky, the CEO of LinkedIn, a more significant position that will involve managing Office productivity tools. As per reports, Roslansky, who took over LinkedIn five years ago, is going to be the executive vice president of Office. He will be answering to
Plush, India’s new age personal care brand, has raised INR 40 crore in a growth round led by Rahul Garg, with participation from Blume Founders Fund, OTP Ventures, Careernet, the Patni Family Office, Sumit Jalan, Ajay Kumar Aggarwal, and other strategic investors. Plush had raised just INR 26 Crore
LoanTap has successfully closed an INR 74 crore pre-Series C funding round, comprising INR 54 crore in equity led by July Ventures. The equity round also saw participation from existing investors such as 3one4 Capital, Avaana Capital, Kae Capital, and the Swapurna Family Office, a long-time backer since inception. Additionally,
Bing Video Creator is a brand-new AI video production tool from Microsoft. With just a description of what they would like to see, users may now create brief AI films. The function is comparable to that of Bing Image Creator, which uses AI to generate images in response to user
Stride Green, a climate-tech focused asset financing and lifecycle management platform, has announced the successful raise of $3.5 million as part of its Seed Funding Round, led by Micelio Technology Fund, Incubate Fund Asia, and other strategic investors. This infusion of capital is set to bolster Stride Green’s
Nearly a year after an alleged cyber robbery that resulted in the loss of $235 million in virtual digital assets, the Singapore High Court (HC) on 5 June dismissed the planned restructuring plan of WazirX's parent company, dealing a serious blow to cryptocurrency traders on the exchange platform.
* The Tarzan Way is an AI-powered travel tech startup enabling users to craft hyper-personalised and authentic holidays in seconds * The funds will be used across product development, operations, marketing, HR, and to launch their new “Exploration App” * So far, Inflection Point Ventures has invested over INR 800 Cr across 210+
According to various media reports, the Gujarat Cooperative Milk Marketing Federation (Amul), which sells goods under the Amul brand, has partnered strategically with Spain's Cooperativa Ganadera del Valle de los Pedroches (COVAP) to launch its signature milk product in both Spain and the EU. Before moving on to
The board has given Capillary Technologies permission to raise INR 2,250 Cr, or about $263 million, through an initial public offering (IPO). In accordance with regulatory filings, the Warburg Pincus-backed business intends to raise INR 500 Cr through the issuing of new shares and will also have an offer
In light of the continued Trump tariffs that are threatening the German auto sector, international automaker Volkswagen has announced plans to reduce its workforce by 35,000 employees by 2030 as part of its cost-cutting programme, according to a media report. Citing a works council meeting at Volkswagen's
Kia, another South Korean automaker, has decreased its ownership in the EV company, while Hyundai Motor has sold off all of its shares in Ola Electric. According to a news agency, the total share sale brought in about INR 6.89 billion ($80 million). Hyundai, which had previously owned 2.
Bessemer Venture Partners has appointed Pankaj Mitra as Partner to lead investments in AI, enterprise tech, and cybersecurity in India. With over 25 years of experience at Cisco, Infosys, and VMware, Mitra brings deep expertise to Bessemer’s growing India portfolio.
According to reports, Good Glamm Group has postponed staff salaries for the second consecutive month in May. April and May's pay were meant to coincide, according to a news source that quoted an employee, but that doesn't appear likely to happen anytime soon. It's
The founder of the Indian grocery delivery startup KiranaPro told a media outlet that the company had been hacked and all of its data had been erased. Deepak Ravindran, co-founder and CEO of KiranaPro, told a media source that among the deleted data were the company's app code
According to court documents examined by a media group, the conflict between Aakash Educational Services (AESL) and edtech company Byju's has intensified. Aakash filed a strongly worded petition before the National Company Law Tribunal (NCLT) in Bengaluru, accusing international consulting firm Ernst & Young (EY) of professional misconduct
The funding space witnessed another active day as companies across finance, wellness, energy, and tech revealed major investments and capital raises. Here’s a breakdown of the most noteworthy funding updates from 3rd June 2025: Company Sector Funding Amount Funding Type Lead Investor / Partner Stable Money Fintech $20 million Series
GyanDhan secures INR 50 Cr in Series A funding from Classplus and Pravega Ventures to expand its education loan services across India, scale tech infrastructure, and deepen its consultant and financial institution partnerships.
Global semiconductor companies X-Fab, DNeX, and Globetronics are reportedly in negotiations with Tata Electronics to purchase a fabrication or outsourced semiconductor assembly and test (OSAT) facility in Malaysia. According to a media report, the deal will be spearheaded by KC Ang, the recently appointed president and head of Tata Semiconductor
Microsoft has revealed that 305 workers would be let go in another round of layoffs. Less than three weeks have passed since the IT giant laid off over 6,000 workers worldwide in its most recent wave of layoffs. The Washington office's more than 300 workers were let
A media outlet stated on June 2 that the media powerhouse The Walt Disney Company (Disney) was cutting off hundreds of workers from its corporate finance, television (TV), and film departments, according to a source. "The job cuts will affect teams worldwide, including casting and development departments, TV publicity,
Gully Labs, India’s culturally inspired sneaker brand, secured INR 8.7 crore in seed funding led by Zeropearl VC. The capital will be used to diversify products, grow sales channels, and open retail stores.
A plan to issue 411.4 Cr bonus shares has been authorised by Meesho's shareholders before the e-commerce giant files its draft red herring prospectus (DRHP) with SEBI, the market regulator. The proposal to issue bonus shares of INR 1 each to equity owners in a 47:1
On June 5, Uber announced the departure of Pierre-Dimitri Gore-Coty, the head of its delivery division and one of the company's longest-tenured top executives, after nearly 13 years. According to his LinkedIn page, Gore-Coty began his career with Uber in 2012 as a general manager in France and