As it prepares for significantly slower growth in fiscal 2026, Accenture is laying off employees, selling off assets, and restructuring some aspects of its company. This highlights the growing burden on the global IT industry despite ongoing investments in cloud and artificial intelligence. CEO Julie Sweet stated on the company&
According to a report released on 25 September, the Reserve Bank of India's monetary policy committee (MPC) is expected to keep the repo rate at its current level in its October review, taking into account the favourable effects of the GST reforms on demand, the stronger-than-expected Q1 FY26
Investment arm of Flipkart co-founder Binny Bansal, 3State Ventures, picks up 1.28 crore shares in Curefoods ahead of its IPO.
The RBI has ordered fintech startup Simpl to stop all payment operations for violating the PSS Act. This comes as the ED probes alleged FDI violations worth INR 913.75 crore. Already hit by layoffs and high cash burn, the BNPL firm working with 26,000+ merchants faces deepening troubles.
Catch up on India’s top business and startup developments for 25 September 2025. From Ather Energy’s INR 70 crore ESOP grant and PhysicsWallah’s INR 460 crore offline expansion to Flipspaces’ 9× exit and Virat Kohli-backed WROGN’s FY25 results, here’s your daily roundup of funding, exits,
Dubai might launch its commercial driverless taxi services by early 2026. The Dubai World Congress and Challenge for Self-Driving Transport...
The cyberattack halted JLR production, resulting in weekly losses and an overall loss of £2 billion, which indirectly impacted Tata Motors' share price by...
Oversubscribed 3.5X, the fund signals confidence in India’s startup ecosystem at a time of global venture slowdown, with strong founder-LP backing, global institutional participation, and a fast, conviction-led investment model. Zeropearl VC, India’s leading solo GP-led pre-seed and seed venture fund, today announced the final close of
Carpediem Capital has fully exited Flipspaces, delivering 9× returns and ~40% IRR, valuing the firm at about USD 120 million. The exit came via a secondary sale during Flipspaces’ USD 50 million Series C round.
* Hyderabad (82%), Bengaluru (79%), and Pune (79%) lead the top-city rankings, while Visakhapatnam (76%), Nagpur (71%), and Chandigarh (68%) dominate beyond metros. • Ahmedabad (60%), Kolkata (55%), Jamshedpur (54%), Madurai (52%), and Rajkot (48%) show comparatively lower levels of digital adoption, highlighting the diversity in payment behaviours across cities * Everyday categories
Edtech unicorn PhysicsWallah (PW) is ramping up its offline presence in India and select overseas markets, as it prepares to hit the capital markets with a fresh equity issue of ₹3,100 crore and an offer for sale (OFS) of ₹720 crore. As of March 31, 2025, the company operated
IPO Subscription Opens on 30th September and Closes on 3rd October Zelio E-Mobility, a rapidly expanding electric two and three-wheeler manufacturer that has been doubling its growth year-over-year, today announced its ₹78 crore SME IPO - a move that signals not just expansion, but a bold declaration of intent in
It's Macrohard vs. Microsoft now that Elon Musk has got serious about building powerful AI. He is building a new team...
In an effort to establish the nation's first international phone brand, London-based smartphone manufacturer Nothing, which is well-known for its transparent device designs, is increasing investments in India and focusing on young people in the most populous country in the world. On September 25, the unicorn firm revealed
According to state minister TRB Rajaa, Reliance Consumer Products Limited will invest INR 1,156 crore to establish an integrated manufacturing facility in Tamil Nadu. The plant will be established in SIPCOT Allikulam Industrial Park in Thoothukudi, Tamil Nadu, the State Industries Minister wrote in a post on X. Over
Elon Musk's X Corp filed a case challenging the power of government officials to impose information blocking orders, but the Karnataka High Court dismissed it on 24 September. The court ruled that social media must be regulated, especially when it comes to offences against women, since failure to
Virat Kohli-backed fashion brand WROGN faced another tough year in FY25. Revenue fell to ₹232 crore, while rising expenses pushed net losses to ₹75 crore. The brand struggles to compete with newer, faster-growing fashion labels.
Reliance Jio has rolled out a ₹77 plan with 5-day validity, 3GB extra data, and a free 30-day SonyLIV subscription via JioTV. A smart budget pack that mixes connectivity with entertainment, it also pressures rivals in India’s ongoing telecom war.
A new gold coin incentives feature has been introduced by Paytm (One 97 Communications Limited) for all transactions conducted through its platform, including bill payments, recurring payments, online purchases, money transfers, recharges, and Scan & Pay. Credit card and RuPay credit card payments made through UPI receive double gold coins,
The government of India made it easy to download your Aadhaar without any hassle. The process requires minimal steps and...
New settlement cycles have been announced by the National Payment Corporation of India. Recently, the new UPI (Unified Payments Interface) cycles for both authorised and contested transactions were revealed. For RTGS customers, who previously had to exercise caution when transacting, the revisions are welcome news. Currently, UPI uses RTGS to
Samaaro is an AI-powered event marketing platform that helps enterprises by turning events into revenue
Simple Energy, an automotive company headquartered in Bengaluru, has raised $10 million in an all-equity funding round. The round was led by existing investor Dr. Arokiaswamy Velumani, Founder of Thyrocare’s Family Office, in participation with fellow existing investors - Balamurugan Arumugam and the Haran family office. The funds will