Global technology investor Prosus is investing INR 1,295.56 crore (about $146 million) to acquire a 10.1%stake in ixigo (Le Travenues Technology Ltd). The investment will come via a preferential issue of equity shares to Prosus’s affiliate MIH Investments One B.V. The approved price per
With its latest processors now in production, Intel is taking a bold gamble by predicting that graphics chips, not dedicated neural engines, will be the key to AI computing in the future. The company's most aggressive performance boost in years, the Core Ultra series 3, codenamed Panther Lake,
India’s startup ecosystem witnessed significant developments on 9th October 2025, with funding across media, SaaS, wearables, healthtech, cybersecurity, mobility, and AI sectors. Key highlights include Rusk Media raising INR 103 crore in Series B, Reo.Dev securing $4 million in a seed round, Eternz expanding its wearable business, and
India’s festive season, long known for its grandeur and generosity, is undergoing a significant shift. A new study titled “Aspirations of New India: How Consumers Select, Shop, and Shape Brand Connections” by early-stage venture capital firm Rukam Capital highlights how wellness, authenticity, and purpose are driving consumer choices this
A $128 million lawsuit brought by former CEO Parag Agrawal and three other senior managers who claimed they were not given severance pay has been settled between Elon Musk and the business that was formerly known as Twitter. A September 30 federal court filing that postponed litigation deadlines and the
After InGovern Research Services identified INR 4,717 crore in contested tax liabilities, ongoing royalties, and related-party transactions, LG Electronics India's INR 11,607 crore IPO (Initial Public Offering) is being investigated. The advising company added that the Korean parent will maintain 85% control after listing, noting that
The Bombay High Court last week upheld the State Bank of India's (SBI) decision to label the accounts of Reliance Communications (RCom) as "fraud" and submit Anil Ambani's name to the Reserve Bank of India (RBI). On October 3, a panel of Justices Revati
Creencia Consulting, a new-age, hedge-fund style investment platform today announced the launch of its maiden fund with an AuM commitment of INR 100 crore. With backing from reputed family offices, UHNIs, and seasoned industry leaders, the fund uses globally inspired strategies tailored for growth in the Indian market. With the
Bollywood actor, entrepreneur, and mentor Suniel Shetty reflected on India’s transformation over the decades in a recent LinkedIn post, emphasising how opportunities for young talent have dramatically expanded compared to the 70s and 80s. From Limited Opportunities to Wider Horizons In his recently shared LinkedIn post, Shetty noted, “India
In an effort to improve the efficiency and transparency of major trade execution, the Securities and Exchange Board of India (SEBI) has released a circular for the implementation of a revamped block deal framework for stock exchanges. In order to prevent price manipulation, the block deal mechanism permits pre-negotiated agreements
Eternz, India’s largest vertical marketplace for jewelry, announces the successful closure of its Pre-Series A funding. The round was led by new investor Multiply Venture Partners and also saw participation from existing investors like Kae Capital, Gemba Capital, IIMA Ventures, TDV Partners, alongside fresh backers like Twin & Bull
Lenskart unveils B Camera Smartglasses with UPI payments, enabling instant QR-based transactions via eyewear. This is a leap forward in India’s wearable tech.
* Fastest.Health is an on-demand diagnostic platform providing 15-minute doorstep sample collection and 90-minute report delivery across the Mumbai and Navi Mumbai regions. * The funds will be utilised for strengthening sales and marketing, geographical expansion, technological enhancement, and onboarding of key resources. * Fastest.Health has conducted hundreds of tests and
Aavishkaar Group has launched ‘OneAavishkaar’, a platform to scale emerging venture funds, and partnered with Jamwant Ventures to introduce India’s first veteran-led defence and deep-tech fund with a ₹500 crore corpus aimed at boosting indigenous innovation and self-reliance.
According to reports, internal conflicts within Tata Trusts, the largest stakeholder in Tata Sons, have gotten so bad that the government is stepping in to help the Tata Group, one of India's largest conglomerates, deal with a governance crisis. According to sources close to the Tata Group, who
India’s startup ecosystem saw notable activity on 8th October 2025, with funding in logistics tech, FMCG, clean tech, healthtech, and e-mobility. Key rounds included Stackbox raising $2.63 million, Meolaa securing $6 million, and Membrane Group obtaining $50 million. In corporate news, TCS canceled its Q2 FY26 press conference
According to reports, Google intends to invest $15 billion, or around INR 88,774.2 crore, to construct a data centre cluster with a 1 GW capacity spread across three campuses in Visakhapatnam, Andhra Pradesh. According to sources cited by ET, the cluster will have three data centre campuses with
To identify and address security vulnerabilities in its artificial intelligence (AI) systems, Google has started a new incentive programme. The organisation is rewarding those who find significant flaws that have the potential to cause actual harm with incentives of up to $30,000 (about INR 26 lakh). Rogue actions—situations
Meolaa, an end-to-end technology-powered FMCG company, today announced that it has secured $6 million in Pre-Series A funding to advance its digital-first growth strategy. The round was led by General Catalyst (GC), alongside participation from Claypond Capital (family investment office of Dr. Ranjan Pai), Colossa Ventures, entrepreneur Kunal Shah, Turbostart
As a component of the AgentKit, OpenAI has introduced the Agent Builder, which gives developers the means to create agentic processes, enhance performance, and create agents using a visual-first canvas. In a blog post announcing the capability, OpenAI stated that up until now, creating agents required balancing disparate tools, including
According to media sources, Indian IT powerhouse Tata Consultancy Services (TCS) has cancelled its post-results news conference for the second quarter profits (Q2), which was scheduled for October 9, because the date falls on the anniversary of Ratan Tata's passing. At 5:30 p.m., the press conference
Following the US government's shutdown on October 1st due to Congress's failure to adopt a budget or temporary funding package, NASA ceased the majority of its operations. NASA is “closed” until further notice, according to a notification on the agency’s website. The closure comes as
Garuda Aerospace, one of India’s leading drone manufacturers, announced that its brand ambassador and investor, Mahendra Singh Dhoni, has successfully completed his drone pilot training at the company’s DGCA-approved Remote Pilot Training Organisation (RPTO) in Chennai. The achievement marks a new milestone in Dhoni’s association with the