The Reserve Bank of India (RBI) granted Skydo, a cross-border payments technology, a full licence on 9 January to operate as a Payment Aggregator-Cross Border (PA-CB). The Bengaluru-based payments company said it will broaden its product offerings and increase coverage in more trade corridors with the full licence. Skydo can
Citing concerns about governance and transparency, proxy advice firm Institutional Investor Advice Services (IiAS) has recommended against all five resolutions put forth by Groww's parent company, Billionbrains Garage Ventures Limited. The stockbroker is requesting shareholder approval for changes to the founders' rights to designate board directors and
In an effort to draw in early-stage merchants looking to expand online, Myntra announced that it has implemented a zero-commission scheme for new Indian direct-to-consumer firms joining its marketplace. The programme,e, which is a component of its Myntra Rising Stars initiative, is applicable to domestic fashion, beauty, and lifestyle
India’s startup and corporate landscape witnessed a series of strategic developments on 8th January 2026, reflecting shifting market dynamics across e-commerce, fintech, broking, and telecom. From Myntra’s move to support emerging D2C brands through a zero-commission model to Groww strengthening its leadership in retail stock broking, the day
Reliance Jio Platforms, the telecom and digital arm of Mukesh Ambani’s Reliance Industries, is considering an initial public offering (IPO) in 2026 that could become India’s largest‑ever public listing. The company may offer just 2.5% of its shares, but even this small float could raise more
Japanese investment giant SoftBank Group has once again trimmed its stake in Indian electric two‑wheeler maker Ola Electric Mobility Ltd. According to a regulatory filing, SoftBank’s investment arm, SVF II Ostrich (DE) LLC, sold a 2.15% portion of its holding in the company across a series of
Shark Tank India has come a long way from early scepticism to undeniable scale. And Anupam Mittal, Founder and CEO of People Group and one of the show’s original Sharks, believes the initial doubts no longer hold relevance. In a recent LinkedIn post, Mittal reflected on the journey of
Federal Bank has unveiled The Fortuna Wave, its refreshed brand identity that marks a significant milestone in the Bank’s journey of evolution, relevance, and future readiness. The launch, held in Mumbai, took place in the presence of the Bank’s leadership team and its brand ambassador Vidya Balan, signalling
- Pramila Srinivasan accuses Sridhar of transferring assets to sister Radha Vembu (owns 47.8% stake in Zoho). - The court froze assets and ordered to pause the major asset transfer. - A court-appointed receiver to assume temporary control on selling and moving assests.
When a tech founder's divorce becomes public, it often focuses on the financial sums involved. However, the case between Zoho co-founder Sridhar Vembu and his ex-wife Pramila Srinivasan is notable for a different reason. A California court ordered Vembu to post a $1.7 billion bond. The ruling
- The U.S. plans to enact legislation to penalise Russian oil buyers. - The agenda is to cut money to Russia and stop the war in Ukraine. - It's a trade dilemma for India, and it must choose.
India’s startup ecosystem continued to see steady funding activity on 8th January 2026, with capital flowing across industrial AI, consumer brands, fintech, entertainment, and enterprise AI services. Industrial AI startup Spector.ai led the day with a INR 58 crore raise, while Nitro Commerce and &Done secured significant
Varthana Finance, a leading NBFC in the affordable education sector in India, has secured a USD 6 million loan from WaterEquity, a global asset manager exclusively focused on water and sanitation. The funding aims to expand access to safe water and sanitation in underserved school communities across India. The proceeds
Articul8 AI surpasses $500 million Valuation in Under Two Years; Strong Investor Demand Drives Final Strategic Tranche to close in Q1 2026.
The funds raised by MiniPix will be used to strengthen product-market fit, scale regional content creation, and build the core team.
Fabpad, an Indian menstrual hygiene brand, has raised an undisclosed amount in a seed round led by Inflection Point Ventures. The funds raised will be used to expand distribution and market presence across direct-to-consumer channels, online marketplaces, quick-commerce platforms, and offline retail. Part of the fund will also go towards
- ChatGPT Traffic seems to have fallen to 158 million from 200 million Daily Visits in January 2026. - Google puts Gemini everywhere to bridge the gap with ChatGPT, say experts. - The AI tool competition is to blame for this.
- It's the second time in less than a month that Warner Bros said "no" to Paramount. - Paramount's $108 billion deal is clearly risky due to excessive debt and no clear contractual protections. - Netflix now sounds paramount to Warner Bros, and could be it this time around.
- Despite strong financial results, Microsoft may still lay off employees. - Reports suggest that the third week of January may be the week of layoffs at Microsoft. - The Gaming, Azure, and Sales departments are likely to be affected.
India’s startup ecosystem witnessed healthy funding momentum on 7th January 2026, with capital inflows spanning skincare, EV infrastructure, proptech, AI, and travel experiences. Early- and growth-stage startups such as Be Clinical, RoadGrid, Flent, Arrowhead, and Capture A Trip attracted investor interest, reflecting confidence in consumer brands, sustainable mobility, and
A goods and services tax (GST) demand order totalling INR 3,69,80,242 for the period of April 2019 to March 2020 has been sent to Eternal, the parent company of Zomato and Blinkit, together with interest and penalties. The Additional Commissioner of State Tax (Appeals), West Bengal, issued
The brand plans to expand its international routes while deepening its presence in offbeat Indian destinations, further strengthening India’s youth travel ecosystem.
The massive IT company Infosys revealed on 7 December that it is collaborating with Amazon Web Services (AWS) to hasten the adoption of generative artificial intelligence (GenAI) in businesses. The collaboration focuses on merging Amazon Q Developer, AWS's generative AI-powered assistant, and Infosys Topaz, an AI-first suite of