RPG Group Chairperson Harsh Goenka Says: AI is Making New Jobs

2025 is becoming more intense with AI and layoffs, and Harsh Goenka discusses these 3 job roles in demand for hiring...

Daily Indian Funding Roundup & Key News - 6 August 2025: SuperGaming Raises $15M, Antfin Exits Paytm, The Sleep Company Bags ₹480 Cr & More

India’s startup and business ecosystem remained dynamic on August 6, 2025. Gaming startup SuperGaming raised $15 million in a Series A round led by Skycatcher and Steadview Capital, while The Sleep Company secured INR 480 crore in a mix of primary and secondary funding. In broader news, Antfin fully

MSRTC to Launch 'Chhava Ride' App for Booking Autos, Buses & Taxis

According to reports, the Maharashtra State Road Transport Corporation (MSRTC) will introduce a passenger app that is based on an aggregator and will provide transport services on a single platform. One App, Multiple Rides: Buses, Autos, Taxis & E-Buses According to PTI, the app would let users schedule rides for

GitHub's CEO Drops a Bombshell: "Either You Embrace AI, or Get Out of This Career"

Thomas Dohmke, CEO of GitHub, took to his social media to warn developers to learn AI or be left behind. Learn more about what he said.

Antfin Fully Exits Paytm With INR 3,981 Cr Selloff: Chinese Stake Nears Zero

On July 5, the Alibaba Group affiliate business sold 3.73 Cr shares of the fintech giant through open-market transactions for INR 3,980.7 Cr, a day after rumours circulated that Antfin was seeking to sell its remaining interest in Paytm. Societe Generale, My Asian Fund Among Key Buyers

Ola Electric Faces Investor Pullback Ahead of IPO

In 2019, Z47 made their initial investment of INR 107 crore in Ola Electric. The AI startup Krutrim and the ride-hailing company Ola Cabs are also owned by the venture capital fund. Z47 and Tiger Global’s Exit Strategy In October of last year, ET revealed that Z47 is reducing

HYLENR Closes $3 Million Pre-Series A Funding Round to Commercialise Low-Energy Nuclear Reaction Systems

The Pre-Series A Funding Marks Transition from Breakthrough Research to Prototyping, Validates LENR as a Scalable Clean Energy Alternative HYLENR, a clean energy startup harnessing patented Low Energy Nuclear Reactions (LENR) to develop scalable, carbon-free heat energy systems for industrial heat and power, today announced the successful closure of around

ClearTax Lays Off 25% Workforce Amid Restructuring — IIT Graduates Among Affected

As part of a significant reorganisation, ClearTax has laid off 25% of its workforce, with new hires being among the most affected. Two months after being employed in June, the software developers were let go on August 1st, according to multiple “OpenToWork” and “LaidOff” profiles on LinkedIn. IIT Graduates Laid

Google Genie 3 AI Builds Game Worlds from Text in Seconds — A Revolution in Game Development

Genie 3, a revolutionary development in AI-powered world models, was recently unveiled by Google DeepMind. With just one text prompt, this latest version can instantly produce dynamic, highly complex 3D environments. It will remember where you left off this time. A major advancement in simulations, agent training, and generative media,

Amazon Closes Wondery Podcast Studio in Restructuring; CEO Jen Sargent Steps Down

As part of a significant restructuring of its audio division, Amazon is closing its Wondery podcast studio and laying off some 110 employees, according to Bloomberg News. In light of industry-wide difficulties, the move represents the tech giant's strategic shift away from its initial podcasting goals. As current

From Souvenir Shop to Silicon Valley Billionaire: The Rise of Shyam Sankar to $1.3 Billion

Palantir's stock soars 500%, meet the man who helped build the AI backbone, Shyam Sankar. Know his full story.

TSMC Fires Employees Over Trade Secret Leak Scandal

Taiwan Semiconductor Manufacturing Co. reported on 5 August that it has found possible trade secret leaks as a result of "unauthorised activities". The largest semiconductor maker in the world informed CNBC that it has initiated legal action and taken "strict" disciplinary action against the concerned staff.

Daily Indian Funding & Business News - 5 August 2025: Jeh Aerospace Secures $11 Million, Tata Capital IPO Filing, Capgemini to Hire 45K & More

India's startup and business ecosystem showed steady momentum on August 5th. Aerospace startup EON Space Labs secured $1.2 million in Pre-Series A funding to advance indigenous optical payload technology. Meanwhile, the corporate world saw significant movements, from Bluestone dialling down its IPO size to Capgemini announcing plans

From Growth to Goodbyes: Microsoft Lays Off 40 More Employees In Washington 2025

Even after strong financial growth, Microsoft laid off employees at record-high numbers (15000+ employees). Know the full story.

Tryo raises INR 3 crores in pre-seed funding from Zeropearl VC to launch “Try First, Pay Later”

Bangalore, August 5, 2025 — Tryo, a next-generation fashion shopping marketplace, has raised INR 3 crores in pre-seed funding round led by Zeropearl VC. The funding will be used to launch operations in Bangalore, accelerate product and technology development, and strengthen partnerships with leading Indian fashion brands to reimagine how consumers

Cropin Bags €700K Strategic Artificial Intelligence Deal to Scale Regenerative Potato Farming in Europe

India | August 05, 2025 – Cropin, the world’s largest deployed AI platform for food and agriculture, has secured a strategic €700,000 contract under EIT Food’s Impact Funding Framework. Cropin will deploy its AI-powered initiative, FIRST Potato - Field Intelligence for Regenerative Agriculture and Sustainability in Potato Farming, to

How Best of Exports Became the No.1 Restaurant Furniture Manufacturer in India

New Delhi [India], August 5: Walk into any great restaurant, and you’ll notice everything feels intentional—lights, colors, music. But one thing often gets overlooked: the chair. We’ve heard it before. "We invested in décor and menu, but the chairs didn’t last." Or, "Guests

IRDAI Slaps INR 5 Cr Fine on Policybazaar Over Insurance Norm Breach

For many infractions of insurance regulations, insurtech giant Policybazaar was fined INR 5 Cr by the Insurance Regulatory and Development Authority of India (IRDAI). The infractions pertaining to unclear outsourcing contracts with insurers were also listed in the IRDAI order. Lack of Transparency in Outsourcing Deals Raises Red Flags Large

Big Pharma Eli Lilly Opens Tech & Innovation GCC in Hyderabad, The State Aims 100 GCCs By 2025–26

American Pharma giant Eli Lilly's new technology and innovation center in Gachibowli opened with 100 working employees. Know the full story.

EON Space Labs Raises $1.2 Million to Advance Made-in-India Optical Payloads for Space, Drones, and Ground Platforms

* EON Space Labs raised USD 1.2 million in Pre-Series A (approx INR 10.5 Crore) funding from MGF Kavachh and HHV Group, which also joins as a strategic partner. * Funds will support the launch of MIRA, India’s lightest space telescope, and 4 new LUMIRA EO/IR systems for

Fintechs, NPCI Seek Exemption from DPDP Consent Clause Over Digital Payments

The National Payments Corporation of India (NPCI) and digital payment companies Google Pay, PhonePe, and Amazon Pay have requested an exemption from the provisions of the Digital Personal Data Protection (DPDP) Act that demand user consent for every transaction, claiming that doing so would be excessively burdensome, according to ET.

Capgemini India to Hire 45,000 Employees in 2025 Amid AI Talent Push

This year, Capgemini India expects to hire between 40,000 and 45,000 people, despite mounting concerns about hiring in the information technology (IT) sector. Between 35 and 40% of these will be lateral hiring, CEO Ashwin Yardi told the Hindu Business Line. The number of projects being routed to

NODWIN Gaming Partners with District by Zomato as Exclusive Ticketing Partner for Comic Con India, NH7 Weekender & DreamHack India

NODWIN Gaming, a leading name in youth entertainment, gaming, and esports, continues its exclusive partnership with District by Zomato as the official ticketing partner for its key IPs Comic Con India, NH7 Weekender and DreamHack India for the second year in a row. Comic Con, NH7 Weekender and DreamHack have