Rohit Sharma Backs Prozo to Build India’s Integrated Supply Chain Operating System

One of India’s best captains invests in a full-stack platform enabling seamless scale for over 150 brands

Skippi Raises ₹12 Crore in Extended Pre-Series A Round, Led by Dubai-Based Family Offices, Facilitated by Bestvantage Investments

Funds to Fuel Brand Building, Product Innovation, and Strategic Hiring as Skippi Targets ₹100 Cr Valuation

Fantail Raises ₹13.75 Cr in Seed Round to Revolutionize Surat’s MMF Ecosystem for Fashion Retail

Backed by Riverwalk, Incubate, and All In Capital, the Surat-based B2B manufacturing startup is organizing India’s $40B MMF supply chain for the modern retail era

Daily Indian Funding Roundup and Key News – 23 June 2025: EVs, Biotech, and Strategic Moves Lead the Way

Here’s a quick roundup of the key startup fundings in India on 23rd June 2025. From biotech to co-living and EV infrastructure, startups across sectors attracted strong investor interest. Daily Indian Startup Funding Digest (23 June 2025) Startup Sector Funding Amount Stage Key Investors Location Truliv Co-living Undisclosed (Strategic)

Kazam Secures $6.2 Million in Series B from IFC & Others to Boost Global EV Charging Infrastructure

Kazam, India’s fastest-scaling EV energy-tech company, has raised $6.2 million in Series B funding from the International Finance Corporation (IFC) and existing investors Vertex Ventures SEA & India and Avaana Capital Advisors. The investment will fuel Kazam’s expansion across markets with its energy transition tools to accelerate

Apple Reportedly Courting Perplexity AI in Strategic AI Bid

According to reports, Apple is thinking about putting in a bid to acquire Perplexity, an artificial intelligence (AI) startup. The Cupertino-based tech conglomerate has reportedly talked internally about the potential move to support its internal development of AI models and services. The possible transfer coincides with multiple delays in the

Uber, Ola & Co. Demand GST Guidelines from Tax Authorities

Ola, Uber, and Rapido are among the ride-hailing companies that will present a new set of arguments to the Central Board of Indirect Taxes and Customs (CBIC) regarding the controversial topic of whether the goods and services tax (GST) applies to services provided using the software as a service (SaaS)

Cyberin’s Journey: From Startup to Digital Powerhouse

New Delhi [India], June 23:  Hey, have you ever stumbled upon a company that started out like a neighborhood lemonade stand and now runs the global lemonade empire? Well, that’s Cyberin for you. Founded back in 2012, right around the time I was figuring out how to untangle my

PharmEasy Founders Shift Gears, Enter Architecture & Interior Design Market

Months after leaving the online pharmaceutical company, PharmEasy, co-founders Dharmil Sheth, Dhaval Shah, and Hardik Dedhia have launched a new business named "All Home" in an attempt to capitalise on the expanding home remodelling and interior design sector. Co-founder Dharmil Sheth told a media outlet that the Mumbai-based

Air India Trims Wings: 19 Narrowbody Routes Temporarily Suspended

On 22 June, Air India declared that it will temporarily cease operations on three routes and cut back on 118 weekly flights using narrow-body aircraft across 19 routes. The move comes shortly after the airline, which is owned by the Tata Group, announced that it will temporarily reduce the number

Amazon India Expands into Healthcare with Home Diagnostic Services in Six Cities

On June 22, Amazon India announced that it is entering the diagnostics market with the launch of a new at-home diagnostics service that will allow customers to book lab tests, schedule and track appointments, and access digital reports from the Amazon app, completing the trinity of healthcare service offerings. Through

Daily Indian Funding Roundup & Key News – 20 June 2025

The Indian startup ecosystem saw some key developments today across tech, logistics, and AI. From new launches to major acquisitions and expansions, here’s a quick look at the top highlights for 20 June 2025. 🚀 Funding Spotlight - 20 June 2025 Renewbuy Raises $10 million from Apis Partners & 360

The Sexy Illusion of Broking? Kamath Exposes Hidden Industry Risks

Zerodha’s Founder and CEO, Nithin Kamath, has issued a candid reflection on India’s broking industry, questioning the sustainability and perceived attractiveness of the business. In a recent LinkedIn post, Kamath highlighted how a majority of brokerage revenue today is concentrated in just two contracts, Nifty and Sensex Futures

Inside the Storm: 'OpenAI Files' Accuses Sam Altman of Misconduct

OpenAI has gained attention for creating some of the most well-liked AI tools in the world. However, a significant new investigation is now shining a light on OpenAI's governance, work culture, and leadership. What's at the heart of all of this? Sam Altman, CEO. Two nonprofit

Amazon to Pump INR 2000+ Cr Into India in 2025 to Supercharge Infrastructure

This year, Amazon plans to invest $233 million, or more than INR 2,000 crore, in India to develop and improve its operational infrastructure there. As the Seattle-based e-commerce company competes with well-funded companies Zepto, Zomato, and Swiggy in the lucrative rapid commerce market, some of the funds will also

INR 97 Crore Exit: Elevation Capital Trims ixigo Holdings Again

In a block transaction valued at INR 97.44 Cr, VC company Elevation Capital, formerly SAIF Partners India, sold more than 53.98 lakh shares of online travel aggregator (OTA) ixigo on June 19. In contrast to the stock's last closing price of 180.65 on the BSE

16 Billion Accounts Compromised in Largest Data Breach Ever — Big Tech on High Alert

According to cybersecurity researchers, they have recently discovered a vast database that contains over 16 billion usernames and passwords, rendering it the most significant data exposure in history. As per recent reports, the passwords that were revealed were probably created by several thieves who stole usernames and passwords using different

Daily Indian Funding Roundup & Key News – 19 June 2025

Here’s your quick roundup of India’s top startup funding deals and key business developments from 19 June 2025. From major capital raises to regulatory approvals and strategic investments, here’s what’s shaping the ecosystem today. 🚀 Indian Startup Funding Digest – 19 June 2025 Company Sector Funding Raised Lead

Statkraft Unveils Bold $291M Cost-Cutting Plan, Layoffs on the Horizon

Statkraft, a state-owned utility in Norway, plans to reduce yearly expenses by 15% by 2027 in order to adjust to the shifting market conditions through cost-cutting strategies that include technical refocusing and layoffs. By 2027, the business plans to cut salaries and other operating costs by about NOK 2.9

Culture Clash: Altman Rips Zuckerberg Over Massive Compensation Packages

Sam Altman, the CEO of OpenAI, has publicly slammed Meta Platforms for its aggressive hiring practices, claiming that the business failed to attract top OpenAI developers despite offering signing incentives of up to $100 million.  Speaking on his brother's podcast, Altman made the argument that such large salary

Air India Trims Global Wings, Cuts 15% Wide-body Flights

With immediate effect, Air India would cut its international wide-body flight operations by 15% "at least" till the middle of July. The airline uses its wide-body aircraft to run over 70 foreign flights every day. Due to a number of variables, such as the closure of numerous nations&

Microsoft Layoffs Loom: Sales Team Braces for Impact in Coming Weeks

According to various media reports, Microsoft is planning to lay off thousands of employees, mostly in its sales business. The layoffs are anticipated to be revealed in early July as the corporation continues to restructure in the face of significant expenditures in artificial intelligence. Following 6,000 layoffs in May

Startup Dreams Get a Lift: SEBI Relaxes IPO, Reverse-Flipping Norms

The Securities and Exchange Board of India (SEBI) announced a number of initiatives on 18 June to promote more companies listing on the stock exchanges after reverse flipping to India. These new initiatives lessen the burden of compliance in the stock market ecosystem, and permit increased foreign investment in government