In order to acquire money through an initial public offering (IPO), Tata Capital, the main financial services provider for the Tata Group, has submitted draft documents to SEBI, the capital markets regulator. The IPO's entire offer size is 47.58 crore shares, of which 21 crore will be
Veteran CXO brings 30+ years of global leadership to guide Truworth’s strategic growth and wellness innovation. Truworth Wellness, a leading provider of holistic corporate wellness solutions, today announced the appointment of Khurshed Dordi to its Board of Directors. With over three decades of leadership experience across global banking, financial
The investment will fuel product innovation, retail expansion, and brand-building as Fraganote aims to redefine fragrance culture in India. Fraganote Fragrances Private Limited, a modern Indian fragrance/perfumery brand, closes $1 million in a Pre-Series A funding round led by Rukam Capital. The investment marks a significant milestone in Fraganote’
The investment will be used for the development of a polished vertical slice, setting the stage for a globally competitive single-player IP from India. Shortgun, India’s emerging Game Development Studio co-founded by the developers of Rogue Heist, announces the closure of its $1 million Seed round supported by Angel
With a renewed emphasis on making it easier for big businesses to conduct business, the Securities and Exchange Board of India (SEBI) on 7 August recommended significant modifications to its related party transaction (RPT) system. A substantial revision of materiality requirements is suggested in the capital markets regulator's
Prozo, the tech-enabled full-stack supply chain platform powering India’s fastest-growing brands, has announced an investment from actor and entrepreneur Ranbir Kapoor. Known for his sharp business instincts and long-term involvement in ventures like ARKS and Mumbai City FC, Kapoor’s entry highlights the importance of scalable backend infrastructure in
Gemini Powered AI Big Sleep detects 20 bugs with minimal human help, sparking questions about replacing humans. Here’s the full story.
The only mobility-tech startup in the cohort, Nawgati, gears up to refine its AI-driven app solutions with Google’s mentorship. Nawgati, India’s pioneering fuel-tech platform, has been selected to join the prestigious Google for Startups Accelerator: Apps program. As one of only 20 startups chosen from across India, Nawgati
The foodtech giant Swiggy has launched DeskEats, a new product created especially to serve Indian working people. According to a statement from the company, the offering is currently accessible in over 7,000 tech parks, business centres, and corporate complexes spread across 30 cities, including Delhi, Mumbai, Bengaluru, Chennai, Gurugram,
On 4th August, cyber resilience startup Mitigata raised $5.9 million in Series A funding led by Nexus Venture Partners. Dhruva Space announced its first commercial satellite mission with SpaceX, and Swiggy launched DeskEats to serve office-goers across 30 Indian cities. Here's a quick look at the key
After dismissing the ChatBot, Tim Cook and his team are rushing to develop an AI-powered “Answer Engine” across all Apple devices. Here’s the full story.
India's auto industry is clearly changing due to trends in urban consumption, fiscal consolidation, and unequal rural recovery. With trends shifting every quarter, the third-largest auto market in the world is also one of the most volatile. According to a recent study, the first quarter of FY 2025–
According to various media reports, Atlassian co-founder and billionaire CEO Mike Cannon-Brookes told employees via pre-recorded video message last week that the firm would eliminate 150 employees from its workforce. According to a Sky News story, the message was delivered early on July 30 and showed the 45-year-old software tycoon
In what he described as a period of "extraordinary investment," Google CEO Sundar Pichai has challenged staff to increase productivity and efficiency as the company doubles down on artificial intelligence. Pichai stated that the corporation must adjust to the AI transition without a corresponding increase in staff during
After 50 years, the Indian Postal Department has announced that its renowned Registered Post service will be discontinued. In order to modernise operations, the service will be phased down starting on September 1, 2025, as part of a strategic integration with Speed Post. Impact on Users: Cost, Convenience, and Concerns
On 1st August, AI startup Bhindi.io raised $4 million in pre-seed funding to expand its agentic platform. Google proposed allowing all real-money games on the Play Store under legal self-declaration, and UPI hit a new high with 19.47 billion transactions in July. Here's a quick look
In response to an ongoing antitrust investigation by the Competition Commission of India (CCI) into the tech giant's alleged abuse of dominance in the real-money gaming (RMG) ecosystem, Google has recommended adjustments to its Play Store and advertising standards for a greater number of RMG apps in India.
The government has been urged by the Cellular Operators Association of India (COAI) to establish a formal regulatory framework for over-the-top (OTT) communication platforms like Signal, Telegram, and WhatsApp. COAI claimed in a statement that these platforms are the "weakest link" in the nation's communication security,
Transactions over the Unified Payments Interface (UPI) increased 5.8% to reach a new all-time high of 19.47 billion in July. Year-over-year (YoY), the number of transactions increased by 35%. The number of transactions decreased to 18.40 billion in June. Transaction Value Rises to INR 25.08 Lakh
The current inquiry by the Enforcement Directorate (ED) into claims of financial irregularities in the Anil Ambani Group has been stepped up. According to NDTV Profit, the corporation has also started an investigation into the INR 68.2 crore Anil Ambani fresh probe issue. On the evening of July 28,
According to directives issued by the National Payments Corporation of India (NPCI), a new set of UPI regulations went into effect today, August 1, 2025. The purpose of today's UPI regulation amendments is to enhance the functionality of the online payment system. If you use PhonePe, Google Pay,
With the goal of making the state the "Quantum Capital of Asia" and establishing a $20 billion quantum economy by 2035, the Karnataka government has started the INR 1,000 Cr Quantum Mission. According to the ET, Chief Minister Siddaramaiah stated that a Quantum Technology Task Force will
A software developer from Bengaluru has been taken into custody on suspicion of taking part in a huge cryptocurrency theft that targeted CoinDCX, a well-known Indian exchange, and cost INR 379 crore. Neblio Technologies, the parent firm of CoinDCX, submitted an official complaint, according to police, which prompted the breakthrough.