Round led by new investors Susquehanna Venture Capital and Mirae Asset Ventures Investments, with continued backing from Bertelsmann India Investments, Lightspeed, Elevation Capital and Nexus Venture Partners. Daily jobs have grown 4x in six months while burn per job has been cut in half.
Kovon, a cross-border workforce mobility platform, has raised $250,000 in a pre-seed funding round led by TDV Partners. Founded by Bibartan Roy and Swayamjeet Das, Kovon is building a trusted platform for blue and grey-collar workers across industries such as healthcare, hospitality, construction, and logistics, connecting skilled Indian talent
Internshala, an upGrad company, today unveiled “Intern With Icon,” offering students and recent graduates the opportunity to work with some of India’s most influential founders and Shark Tank personalities. Moving beyond traditional internships, the program offers a rare opportunity to work alongside and learn from iconic entrepreneurs, including Vineeta
Manufacturing and gaming sectors led funding activity today with Capital A closing ₹160 crore for its Fund II and Metasports Interactive securing $20 million for user acquisition. Meanwhile, lending platform Kissht opened its ₹926 crore IPO with shares priced at ₹162-171, whilst the government launched its ₹10,000 crore Fund
Kirloskar Pneumatic reported ₹1,786 crore income in FY26 with PBT rising 25% to ₹356 crore. The company announced a record 600% dividend and strong order inflows exceeding ₹2,000 crore.
JioHotstar posted ₹31,048 crore revenue and ₹3,228 crore PBT in FY26, driven by IPL 2026 viewership, 500 million MAUs, and record streaming concurrency, highlighting the rapid rise of digital sports and entertainment in India.
Gold and silver prices fell on 27 April 2026, with gold at ₹1.52 lakh per 10g and silver at ₹2.44 lakh per kg. A strong US dollar and global tensions weighed on demand. Check city-wise rates, MCX prices, and key factors behind today’s decline.
Shares of One 97 Communications fell sharply after the Reserve Bank of India (RBI) cancelled the licence of Paytm Payments Bank (PPBL), intensifying regulatory pressure on the fintech major. The move has raised major concerns around Paytm’s operations, user services, and future growth outlook. RBI Cancels Paytm Payments Bank
Sun Pharmaceutical Industries has agreed to buy US drugmaker Organon in an all-cash deal valued at US$ 11.75 billion, in one of the biggest overseas acquisitions ever announced by an Indian company. The deal gives Organon shareholders US$ 14 per share and is expected to close in early 2027,
Pine Labs, headed by Amrish Rau, is aiming to strengthen its relationship with direct-to-consumer (D2C) merchants. On that note, the brand on 25 April paid INR 88 crore to purchase Shopflo, a platform that optimises checkout processes. Shopflo allegedly processed transactions for 60 million clients through more than 1,000
To fortify its leadership bench, Flipkart promoted a group of senior executives. The decision is made in anticipation of the brand's upcoming growth phase and its initial public offering, which may happen as soon as next year. In an internal message, Flipkart Group CEO Kalyan Krishnamurthy emphasised the
Anthropic will receive $10 billion from Google today, with an additional $30 billion on the table if the artificial intelligence business meets specific performance targets. The latest indication that Big Tech's hunger for cutting-edge AI is far from abating is the purchase, which values Anthropic at $350 billion.
Paytm Payments Bank's (PPB) banking licence has been revoked by the Reserve Bank of India (RBI). The RBI said that the bank's "general character of management" was harmful to depositors' and the public's interests. Additionally, it highlighted how the bank'
In the US, thousands of Microsoft employees have the option to retire voluntarily. In an attempt to realign its personnel and control expenses, the company has taken this daring action. About 7% of Microsoft's US employees will be able to participate in buyouts thanks to the scheme. With
New Delhi [India], April 23: In an effort to address gaps in India’s deep technology ecosystem, Startup Stairs has announced the launch of Startup League 2026, a national-level hackathon and funding platform focused on early-stage innovation. The event is scheduled to be held on June 11, 2026. The initiative
Nithin Kamath, the billionaire co-founder and CEO of Zerodha, India’s largest stockbroker, has issued a stark warning regarding the widening chasm of wealth inequality, describing the current global economic trajectory as "sitting in a car with the brakes cut, watching a cliff approach." In a candid reflection
In a statement sent to employees on May 20, Meta's chief people officer Janelle Gale announced plans to lay off about 10% of the company's worldwide workforce. After weeks of rumours about the social media company laying off employees, Gale finally broke the news. According to
Indian startups saw focused funding activity led by fintech, with AI-driven platforms continuing to attract investor interest. The day was anchored by Oolka’s ₹130 crore raise backed by Accel and Lightspeed. On the business front, IPO momentum and leadership moves stood out, including PlaySimple’s DRHP filing and a
Aspire Impact secures investment from Parinama Group, names Saloni Malhotra as CEO, and brings Dr Ram Sharma on board. The ESG measurement firm hits ₹36 crore valuation with strong growth and global expansion plans.
Gold and silver prices in India extended their correction on Friday, 24 April 2026, sliding for the second consecutive session as a firmer US dollar, delayed Federal Reserve rate-cut expectations, and residual Strait of Hormuz uncertainty weighed on both metals. MCX gold fell 0.17% to ₹1,51,499/10g
About 10% of KPMG's audit partners in the US will be laid off. The decision is a result of a lack of success in a multi-year campaign to promote early retirements. Over a hundred partners are anticipated to be impacted by the cuts. Some will depart through voluntary
Approximately 1,400 positions will be eliminated in Nike's global operations business. In an internal memo, COO Venkatesh Alagirisamy stated that technology teams would be the hardest hit by the layoffs. As the organisation enters the last stage of its turnaround plan, the memo details a number of
As part of a larger cost-cutting initiative, Nestlé's French division has announced plans to lay off approximately 180 employees, according to Reuters. In October, the food giant announced plans to slash thousands of posts globally. This step is part of a bigger reorganisation initiative, which includes the proposed