A deal for $55.5 billion has been proposed between video game retailer GameStop and online marketplace eBay. The proposed acquisition would put eBay's share price at $125.00, which is 20% more than the company's closing price on May 1st. Since last week, GameStop has
After ex-employees said they waited a long time to get full and final compensation, SpiceJet came under new scrutiny. Workers assert that over 500 former employees are still waiting for payment, despite being long gone from the organisation. In light of the airline's persistent financial and operational problems,
Menstrual hygiene focused startup HealthFab has raised Rs 20 Crore in Series A from Atomic Capital. Funds raised will be strategically deployed for expanding its holistic period care product portfolio, scaling distribution including quick commerce, and expanding manufacturing capacity to support growth. Founded in 2019 by Kiriti Acharjee, Sourav Chakrabarty,
The auto PLI system has several serious problems, and the Confederation of Indian Industry (CII) has called for simpler regulations to help new electric vehicle companies get off the ground and stimulate innovation. In a letter sent to the PMO and the MHI, a group of six electric vehicle startups
For the months of June and July, Air India will cut back on its international flight operations due to the dramatic increase in the price of aviation turbine fuel (ATF). Moreover, media reports indicate that multiple routes are no longer profitable due to the continued airspace restrictions. Managing Director and
According to VAHAN data, Ola Electric reported a noteworthy month-over-month increase in April 2026. The company's registrations increased from 10,133 units in March to 12,166 units. The updated figures were made public by the firm on 30 April. In a statement, Ola Electric stated that this
Tim Cook, Apple's outgoing CEO, expressed his utmost enthusiasm for the country of India, where the company's Mac, iPad, and iPhone divisions are all experiencing double-digit growth with plenty of space to expand. Regardless of this growth, Apple's market share in the world'
In a deal worth approximately INR 325 crore, Accenture leased over 6 lakh sq ft of office space in Pune for installing a global capability centre (GCC). The deal, so, represents one of the year's largest commercial real estate deals in the city. Space at Phoenix Millennium Towers
In an antitrust lawsuit involving allegations of abuse of power in the apps marketplace area, Apple, creator of the iPhone, allegedly requested the Delhi High Court (HC) to prevent the Competition Commission of India (CCI) from setting a final hearing. Apple allegedly accused the watchdog of going beyond by requiring
Amazon, the e-commerce juggernaut, is seeing robust expansion in the realm of fast commerce. Amazon Now, the company's fast commerce platform, is experiencing 25% MoM growth in orders in India, according to CEO Andrew 'Andy' Jassy during the Q1 earnings call. The number of orders processed
India’s startup ecosystem saw steady funding activity on 30 April 2026. Startups across deep tech, fintech, AIoT, and clean energy raised fresh capital. Investors continued to back early and growth-stage companies with a strong product focus. Daily Indian Startup Funding Roundup - 30 April 2026 Startup / CompanyFunding AmountLead InvestorsCtruh$
JSW One Platforms Limited, India’s leading tech-enabled B2B commerce platform for construction and manufacturing MSMEs, today announced the acquisition of BuildNext Construction Solutions Private Limited (BuildNext), a home design and project management company. The acquisition builds on JSW One’s existing home construction platform, JSW One Homes, and marks
With an investment target of more than INR 10,000 cr, the "AI Policy 2026" has been authorised by the Maharashtra cabinet. In addition, by 2031, the government aims to have created 1.5 lakh jobs. The objective of the state is to establish itself as a national
In its US advising sector, KPMG has laid off almost 400 consultants. Demand is falling across critical service lines associated with regulatory risk, customer operations, and financial services, prompting this action. The layoffs were confirmed to a media outlet and affect about 4% of the advisory team. On April 29th,
Amazon to Recruit 11,000 Engineers in 2026 Following Mass Layoffs Amazon is planning to hire 11,000 software developers, interns, and engineers this year. The development came just weeks after cutting about 30,000 jobs in late 2025 and early 2026. The change was announced by AWS CEO Matt
For the first three months of 2026, Meta's profits surged. But even though profits have gone up, it plans to lay off some 8,000 workers. The company has justified the layoffs by saying they are necessary to boost productivity and fund their growing investment in AI. The
Exfinity Venture Partners, an early-stage investor in Deep-Tech & B2B tech, has made a partial exit from its investment in cybersecurity platform CloudSEK, delivering a 13x multiple on invested capital (MOIC) and an internal rate of return (IRR) of more than 40%. The transaction was executed as a secondary sale
* Ctruh is a Bengaluru-based deep-tech startup simplifying 3D content creation on the web by building the infrastructure layer for the spatial internet through its proprietary browser-native 3D engine and VersaAI, inhouse generative AI Engine * The funds will be strategically allocated towards R&D and Product Development, and scaling Go-To-Market
In a country where the food business is booming, starting a restaurant is still a complex and often confusing process. From selecting the right equipment to designing an efficient kitchen, many aspiring entrepreneurs struggle to turn their ideas into reality. This is exactly the problem that Gurubhai Equipments set out
In today’s time, due to the presence of automated traffic systems that monitor all kinds of violations, getting stopped for a challan is almost non-existent. This results in your chances of getting a Challan SMS being much higher than those of getting tapped on the window by a traffic
Indian startups saw strong funding activity across sports tech, fintech, SaaS, and climate tech today. The day was led by SportVot and Sahi, with multiple early-stage deals also closing. Key business updates included leadership exits at Cars24, regulatory action impacting WhatsApp, and fresh developments in the Reliance Communications case. Daily
As part of a coordinated regulatory action, Meta, the owner of WhatsApp, has terminated 9,400 accounts in India since January 2026 for their involvement in digital arrest schemes. The decision was made in response to mounting regulatory pressure and an increase in online fraud cases affecting Indian consumers. These
The Indian Railways had denied rumours that it is laying off thirty thousand workers. No drop in overall labour strength has occurred, according to Railways, and the ongoing changes are related to ordinary manpower rationalisation. The exercise, according to officials, entails shifting focus from formerly important but now obsolete functions