Indian shoppers are ringing in the festive season early this year, and it’s already showing up in the numbers. According to e-commerce enabler GoKwik, order volumes for D2C brands on its platform jumped 16% YoY in the pre-festive period, pointing to a strong quarter ahead.
In the event that US President Donald Trump's tariffs take effect, the Reserve Bank of India (RBI), as it has in the past, will intervene and offer financial assistance to the most severely affected industries to help them weather the storm, RBI Governor Sanjay Malhotra stated in Mumbai
Apple and OpenAI were sued on 25 August in a U.S. federal court in Texas by Elon Musk's AI startup xAI and his social network business X. They allegedly accused Apple and OpenAI of illegally collaborating to stifle competition in the field of artificial intelligence. Allegations of
On 25 August 2025, India’s startup and business ecosystem witnessed a flurry of activity across funding, IPO filings, and strategic expansions. From space-tech innovations to fintech, B2B SaaS, and molecular diagnostics, startups raised significant capital to scale operations, while established companies like OYO and Molbio Diagnostics took steps towards
Governments backing Bitcoin and easing regulations are making Bitcoin a less risky investment, but will that be enough to go from $111K to $1M by 2030? Learn more.
India’s Leading Demi-Fine Jewellery Brand Sets Sights on 100 New Stores and Global Expansion
According to Uber CEO Dara Khosrowshahi, Rapido has surpassed Ola in the category and is now the company's fiercest rival in India. "Ola used to be our biggest rival. Rapido is, in my opinion, the more formidable rival in India right now. They aggressively entered the two-wheeler
In a regulatory filing, Bank of India, following State Bank of India, designated Reliance Communications' loan account as fraudulent and named its former director, Anil Ambani, on the basis of alleged fund diversion in 2016. Ambani retaliated against the Bank of India, claiming that its actions were biased and
OpenAI's CEO, Sam Altman, says we are building hardware that does everything for you. But this new AI is a cutting-edge tech, or putting data and privacy on the edge? Learn more.
The Reserve Bank of India (RBI) has approved a plan by Japanese lender Sumitomo Mitsui Banking Corporation to purchase up to 24.99% of the private sector lender, Yes Bank announced on 23 August. In the biggest cross-border investment in the Indian banking industry, the Japanese lender declared in May
In the heat of the AI race and $40 billion fundraising, OpenAI loses its high-profile employee, Julia Villagra (Chief People Officer). Learn more...
Harajuku Tokyo Café, India's fastest-growing authentic Japanese casual dining and QSR chain, today announced the successful completion of its first institutional funding round, raising ₹19 crores in a structured investment. The round was led by Indian Angel Network (IAN), one of India's largest angel investment platforms,
Wastelink, a pioneer in technology-led food upcycling, is solving one of the animal feed industry’s most persistent challenges: volatile supply and unstable prices. By transforming food surplus into standardized, high-quality feed ingredients, Wastelink, a brand of Forplanet Ingredients, delivers the nutrient consistency and supply security needed to build resilience
Vertiv Completes Acquisition of Great Lakes Data Racks & Cabinets.
CredRight, a Non-Banking Financial Company (NBFC) that bridges the credit gap for India’s smallest business owners, has raised $10 million in Series B funding led by Abler Nordic, marking its first investment from the new Fund V. Existing investors Michael & Susan Dell Foundation and Unleash Capital also participated
WizCommerce, the AI-native sales and ecommerce platform for wholesale distributors, has raised $8 million in Series A funding. The round was led by Peak XV Partners (formerly Sequoia India), with participation from Blume Ventures, Z47, and Alpha Wave. The funding will fuel WizCommerce’s continued expansion across the U.S.
According to Bloomberg, Apple is preparing a significant overhaul of its iPhone portfolio, with a foldable iPhone anticipated in 2026. Code-named V68, the device is said to include four cameras: two on the back, one within, and one on the front. It will open like a little tablet. Quad-Camera Setup
The four-year journey that once promised to revolutionise India's pre-owned two-wheeler business has come to an end with the closure of Bengaluru-based Beepkart. According to a statement posted on the startup's website, BeepKart is still totally dedicated to helping its current clients. We appreciate your participation
After establishing its flagship regenerative farmland community in Sakleshpur, Swasya Living has announced its plans to expand into three new locations: Pondicherry, Lonavala, and Kanakapura. The Bengaluru-based brand, which promotes eco-conscious living through integrated farmland and second-home projects, is set to roll out up to three parallel developments over the
According to reports, Mumbai-based fintech PayNearby intends to do an initial public offering (IPO) within the upcoming fiscal year in order to support its growth. Anand Kumar Bajaj, the CEO and managing director of PayNearby, told Reuters that the company is now choosing a merchant banker for the initial public
It’s been a busy day in India’s business and startup ecosystem. From big-ticket funding rounds powering jewellery, EVs, and impact funds, to regulatory shake-ups forcing gaming giants to pause real-money operations, 22nd August 2025 has brought a mix of growth stories and major policy-driven shifts. Here’s a
Later this year, OpenAI, the parent company of ChatGPT, plans to create its first corporate office in India. The artificial intelligence company's official presence in a significant growing market will be established by the New Delhi office. In a statement released on 22 August, OpenAI announced that it
Shortly after the Indian government's online gaming bill was approved by both Houses of Parliament, India's leading real money gaming (RMG) companies, including Dream11 parent company Dream Sports, Gameskraft, Mobile Premier League (MPL), Zupee, and Nazara-backed PokerBaazi, started to stop holding money-related competitions and games on