According to an official announcement cited by news agency PTI, billionaire Elon Musk's satellite internet service business Starlink would use Aadhaar authentication to validate Indian consumers before onboarding them. Starlink has been given permission by the government to start providing satellite-based broadband services domestically. As per the release,
New link to cut travel by over 100 km, boost trade and connectivity across Bihar Prime Minister Narendra Modi will inaugurate the 8.15-km Aunta–Simaria highway project on NH-31 in Bihar on Friday, 22 August 2025. The project includes a 1.86-km six-lane bridge across the Ganga, built at
According to a New Indian Express story, the Union of IT & ITES Employees (UNITE) protested Tata Consultancy Services (TCS) on 19 August in a number of Indian cities, claiming that almost 30,000 workers may be impacted by current layoffs. TCS, however, has denied the allegation, stating that the
96% of large retailers in India have already developed AI capabilities and solutions, according to Honeywell’s Global Retailer Technology Survey Honeywell (Nasdaq: HON) released its Global Retailer Technology Survey, which found that India’s major retailers are fully invested in artificial intelligence (AI) and its potential to make operations
Bengaluru-based Edgehax has secured ₹1.39 crore in a seed round led by Inflection Point Ventures. The startup builds modular Edge AI hardware used in robotics, autonomous vehicles, defence, and IoT. Funds will boost production, product development, and global expansion.
FMCG startup Mitra has raised INR 14 crore in a bridge round led by Bestvantage Investments, with participation from existing backers. Funds will expand production, launch a 3000-ton flour plant, and support millet-based and health product lines.
India’s startup ecosystem continues to witness strong investor interest, with fresh seed rounds announced across FMCG and biotech. Alongside funding activity, the broader business landscape saw major developments from a mutual fund deepening its stake in Paytm, to fintech lender Kissht filing for an INR 1,000 crore IPO,
According to reports, the Karnataka legislative assembly passed a bill that will open the door for the establishment of a gig worker welfare fund. The Karnataka Platform-Based Gig Workers (Social Security and Welfare) Bill, 2025, seeks to create a welfare board and safeguard workers' rights, according to news agency
According to reports, Cupertino-based tech giant Apple intends to increase manufacturing of its iPhone 17 at all five of its Indian factories, including the two that were just added. According to a Bloomberg story, the business is expanding its iPhone production in India in an effort to reduce its reliance
AT&T CEO John Stankey is enforcing a market-based mentality by combining help-desk centres and requiring managers to relocate to six hubs or risk losing their jobs. As part of a massive workplace reorganisation, AT&T is forcing more of its managers to transfer or face severance. CEO
The company will invest in its lending subsidiary, Si Creva Capital Services, as a strategic move to expand its loan portfolio. Know more details.
On 19 August, Punjab National Bank said that it has chosen the domain name bank.in and that, instead of using the current www.pnb.co.in, its website will now be www.pnb.bank.in. PNB Strengthens Digital Security “In accordance with the RBI circular on 'Migration to
In a consultation paper published on August 18, the Securities and Exchange Board of India (SEBI) suggested expanding the flexibility of minimum public shareholding (MPS) and minimum public offer (MPO) for businesses looking to list with the goal of "simplifying fundraising by issuers in India". Key Highlights from
Eric Vaughan, the CEO of IgniteTech, invested 20% of the company’s payroll into AI training, but to his surprise... Learn the full story.
India’s startup and business ecosystem witnessed several notable developments on 19 August 2025, spanning fintech, AI, consumer brands, real estate, and technology services. The day’s highlights included early-stage seed funding, major growth capital rounds, strategic investments, and significant corporate announcements. Here’s your quick roundup of the top
The company opens its shares worth ₹2,079 to the public today. Here are some important details about the stock. Dates, Lot Size and…
Mumbai, August 19, 2025: HDFC Bank, India's leading private sector bank, today announced that it has invested in CoRover, a leading conversational AI company. CoRover has created BharatGPT — a pioneering, sovereign, and enterprise-grade Large Language Model (LLM). CoRover, which has a user base of 1 billion and is
According to various media reports, Captain Fresh, a B2B seafood firm, has pre-filed its DRHP for a $400 million (about INR 3,400 crore) IPO through the secret route. As per reports, the IPO will include an offer for sale of $150 million to $200 million (about INR 1,300
Overweight on Auto, Capital Market, Cement, FMCG, Infra, Internet Platforms, NBFC and Oil & Gas
Meet Grammarly's 8 new AI agents that will help you not only fix grammar but also predict how your audience might respond to your writing, verify facts, and more...
For consumers in India only, OpenAI has launched a new subscription package called ChatGPT Go. This package, which costs INR 399 a month, is one of the most economical options offered by the company and is intended to give more people access to the well-liked ChatGPT services at a lower
Approximately 10% of Oracle's Indian workforce was let go by the American computer giant, Oracle, overnight, leaving dozens of talented individuals without jobs. Although the business has officially stated that the cuts were due to "restructuring", industry observers are connecting the action to a change in
Mumbai, India; August 19, 2025 – Weaver Services, a technology-first housing finance platform aiming to transform affordable housing finance in India, announced today that it has executed definitive transaction documents to raise $170 million funding in a landmark investment round led by Lightspeed and Premji Invest, subject to regulatory approvals. Gaja