On 6 April's night, SpaceX met with its team of financiers to discuss the upcoming initial public offering (IPO). The firm informed bankers that it intends to allocate a significant number of shares to retail investors. In June, after the IPO roadshow launch, it will hold an event
KisaanSay, India’s trusted Direct- from-Origin food brand, has closed an INR 34 Cr funding round led by NABVENTURES through the AgriSURE Fund (Agri Fund for Startups & Rural Enterprises). The round also saw participation from senior industry leaders. Funding from this round will be deployed to scale KisaanSay’s
Companies are being encouraged by OpenAI to try out a four-day work week without lowering salaries. Instead of focusing only on increasing profit margins, the corporation has asserted that AI-enhanced productivity should result in real benefits for employees. The plan was unveiled on April 6th as part of a larger
ECOIL, a tech-enabled platform for the organised collection and responsible disposal of used cooking oil (UCO), has raised approximately ~$2.5 million in a Series A funding round led by Fundalogical Ventures. The round also saw participation from Caspian Impact Investment, Momentum Capital, and existing investor The Chennai Angels, while
OFF/BEAT, the new venture by Aman Gupta, has raised Seed funding by Bessemer Venture Partners in a ₹100 crore round. India is undergoing a structural shift. A digitally native, aspirational generation is rewriting what companies must stand for, how they communicate, what they represent, and how they earn loyalty.
Nykaa's parent firm, FSN E-Commerce Ventures Limited, hinted on April 6 that it is in talks to acquire a share in skincare brand 82°E. But the business did clarify that they had not struck a final agreement just yet. The firm stated in its exchange filing that
On April 6, Valura.ai, a global investment platform that is AI-native, announced the enrolment of more than 1,000 wealth advisors in India in anticipation of its official launch. With an AUM pipeline of more than INR 3,000 crore expected to be completed within the next 12 to
India’s leading beauty retailer Nykaa is reportedly in talks to acquire a majority stake in 82°E, the skincare brand founded by Deepika Padukone. The move, still under discussion, could mark a key shift for both companies, offering Nykaa deeper control in premium skincare while potentially reviving 82°E’
Indian startups witnessed strong funding momentum across SaaS, spacetech, fintech, and deeptech today. GoSats raised $5 million in Series A funding. Early-stage activity remained strong with SatLeo Labs, Satark AI, and Zanskar Tech securing fresh capital. On the business front, Nykaa reported its strongest quarterly growth in three years, while
Gold and silver prices in India on 6 April 2026 witnessed a slight decline in gold rates, while silver prices remained stable across major cities. These precious metals continue to play a crucial role in investment portfolios, jewellery demand, and economic sentiment. Tracking daily gold and silver rates is essential
In order to strengthen its position among small merchants, Magicpin is placing its bets on artificial intelligence (AI). The company is betting that its in-house AI stack can boost digital operations, online discoverability, and sales for retailers; therefore, it has put $1 million into developing it. The business claims that
Many people considered Tata Consultancy Services Ltd to be among the most secure private companies to work for. However, faith has been undermined due to layoffs caused by an AI-powered revolution and significant reductions to variable compensation. Therefore, causing a top-level mass exodus never seen before. In the eight months
Meta is planning to lay off about 200 people in the Bay Area and surrounding regions. The Burlingame, California location will lose 124 jobs, while Sunnyvale will lose 74. Workers in Burlingame will be let go on May 22nd, and those in Sunnyvale will follow on May 29th, as per
The funding will accelerate SatLeo’s flagship thermal satellite mission and fast-track its AI-powered platform for next-gen thermal intelligence. SatLeo Labs, a leading space-tech startup focused on capturing high-resolution thermal & visible data from Low Earth Orbit (LEO), has raised $2.2Mn in a seed round led by Unicorn India
Marking its first giant deal in nearly six years, Wipro Ltd has secured a $1 billion, eight-year contract from Singapore-based food processing powerhouse Olam Group. According to an announcement sent to the stock exchanges on 6 April, the IT services firm will buy Mindsprint, Olam's IT arm, for
All cooperation between Meta and Mercor has been put on hold indefinitely. It follows confirmation of a security compromise by the $10 billion AI data contracting startup, which may have exposed confidential training data belonging to some of the world's most renowned AI labs. A media report states
After signing a revised agreement with OpenAI, the parent company of ChatGPT, in 2025, the tech giant is venturing into new research areas in the hopes of bringing its AI models up to speed with competitors. In 2019, Microsoft made a foresightful investment in OpenAI, which was accompanied by an
On April 3, Aditya Kumar, CFO of the publicly traded fintech SaaS business Zaggle, resigned from his position with immediate effect. Kumar stated that he was leaving due to personal matters. He became a part of the organisation in 2022 as VP of finance and was promoted to CFO that
Reliance Jio has been ordered by the country's telecom regulator to end some rate practices that it deemed "discriminatory" and in breach of transparency standards. The corporation has until April 14 to meet two important deadlines set by the Telecom Regulatory Authority of India (Trai). First,
Gold prices in India remained stable on 4 April 2026, with slight variations across major cities. The market is showing signs of consolidation after the recent rise seen on Good Friday. Silver prices, meanwhile, remained unchanged, reflecting steady global trends and limited domestic movement. Gold and Silver Price in Top
The B2B e-commerce platform Udaan is increasing its focus on the hospitality, food service, and catering industries. Therefore, in an effort to simplify procurement for food-service enterprises, it is expanding its HoReCa-focused vertical, horeca360, to Hyderabad. The brand is currently operating in Bengaluru, the platform will also be available in
On April 3, the tech giant Microsoft announced a 1.6 trillion yen ($10 billion) investment over the next four years in Japan to support its expansion throughout Asia. The investment will help the corporation develop its AI infrastructure in the region where demand has been growing at an exponential
One of Flipkart's most lucrative businesses, Myntra, is undergoing a critical leadership transition as chief executive Nandita Sinha prepares to step aside in upcoming weeks. Her potential successor is Sharon Pais, who is presently the head of Flipkart Fashion. Sinha has been with the Flipkart group, which is