Breaking startup & business news from India.
The lift maker Johnson Lifts, based in Chennai, has paid INR 125 crore for 39 acres of land near Sengadu, close to Chennai. In order to increase manufacturing capacity for innovative vertical transportation systems and high-speed lifts, this land acquisition is a component of the firm's long-term expansion
Indian startups saw a focused but meaningful set of capital moves on Wednesday, 27 May 2026, with precision manufacturing startup Tiea Connectors closing a ₹77 crore Series A and PhysicsWallah approving a ₹120 crore investment into its NBFC subsidiary FinZ Finance. The business news front was equally active. Byju Raveendran
Gold prices in India edged slightly lower on Wednesday, 27 May 2026, with 24 carat gold trading at ₹15,724 per gram (₹1,57,240 per 10g) in Delhi, down ₹410 or 0.26% from the previous session. Silver rate today fell more sharply, declining 0.75% to ₹268 per
The US e-commerce conglomerate Amazon had its appeal against the anti-trust suspension of its investment arrangement with Future Group denied by the NCLAT in June 2022. However, on 27 May, the Supreme Court overturned this decision. The order of the Competition Commission of India (CCI) from December 17, 2021, which
Restrictions on domestic and international travel, as well as work-from-home arrangements, were announced by Maruti Suzuki India (MSIL) on May 26. In addition, in light of the continuing conflict in West Asia, the corporation has pushed for energy-saving measures in the workplace and the residences of its employees, as well
According to a government certification document, Ola Electric has obtained regulatory approval for a new electric scooter targeted at India's commercial mobility market. This could mean that the business is getting ready to join the commercial electric two-wheeler market, which is experiencing rapid growth as soon as this
Across the state of Washington, Meta is planning to lay off over 1,400 workers. This news came days after Facebook CEO Mark Zuckerberg assured staff that the firm will not be laying off any more workers in 2026. As of July 22, the parent company of Facebook will start
* Leading institutional investors and family offices such as SUD Life, Haldiram’s Family Office, Lotus Holdings, Ajmera Realty, Narayana Nethralaya and DS Group join Physis Capital as LPs * Physis to invest in high-impact startups from Pre Series A to Series B rounds * Aims to build a select portfolio of 15
An in-principle clearance to operate as a payment aggregator-physical (PA-P) licence has been granted to listed fintech company MobiKwik by the Reserve Bank of India (RBI). With the licence in hand, MobiKwik may go forward with plans to expand into the offline merchant industry. The company stated that the PA-P
Three startups closed fresh rounds today, spanning B2B quick commerce, usage-based billing infrastructure and D2C footwear. Fairdeal.Market led the day with a $15 million Series A, followed by Yoho's ₹23 crore raise and Flexprice's $1.5 million seed round. On the news front, Fundamentum cofounder
The gold price today in India is ₹15,903 per gram for 24-carat gold, falling 0.48% from Monday. The silver price today in India has crashed to ₹2,72,470 per kg, down a sharp 1.68% in a single session. Gold and silver prices witnessed a sharp decline
Dubai-based Indian entrepreneur Satish Sanpal, Founder and Chairperson of ANAX Holding, has stepped into the global spotlight with his debut on Netflix's reality series "Desi Bling," which premiered on May 20, 2026, even as his diversified business group continues to expand across the emirate's
Reportedly, one-fifth of Wix's worldwide workforce—about 1,000 jobs—is set to be laid off. This can be considered one of the most significant restructuring initiatives in the organisation's history. Layoffs are taking place as a result of the growing impact of AI on company&
One 97 Communications, the parent company of the Paytm brand in the fintech industry, said on May 25 that its European payment business will get a €9 million investment from its wholly owned subsidiary, Paytm Cloud Technologies. Paytm Cloud Technologies Limited's (PCTL) board of directors has authorised a
According to reports, Microsoft is terminating the majority of its Experiences and Devices division's internal Claude Code licenses. The decision was made following a significant spike in AI-related expenses caused by heavy staff utilisation. Thus, revealing an increasing financial hurdle to enterprise AI adoption. The organisation has directed
Flexprice, the open-source usage billing infrastructure built for AI-native and API-first enterprises, today announced a $1.5M seed funding round led by Shastra VC, co-led by Anupam Mittal, founder of People Group and one of India's most prominent entrepreneurs and TDV Partners, who doubled down on their initial
* Fairdeal enables kirana retailers to replenish inventory in as little as 60 minutes through its dark-store-led supply network. * Capital to be deployed toward expanding Fairdeal’s presence across Delhi NCR, entering new urban markets, strengthening technology infrastructure, and scaling its retailer and brand network. * WaterBridge Ventures continues as a cornerstone
The Indian and Vietnamese branches of National Australia Bank (NAB) intend to increase their workforce by over a thousand people. The move comes as Australian banks maintain their trend of outsourcing engineering and technology positions while laying off workers in the country. Media outlets in Australia have reported that NAB
🗞️ Funding Roundup
Welcome to StartupTalky’s 2026 Indian startup funding updates. This article provides a clear and easy overview of the latest startup funding news in India throughout the year. Our weekly funding tables, updated regularly, track how much funding each startup has raised, the sectors they operate in, the key investors
Demand for AI-ready infrastructure is expected to surge in the next four to five years, leading Schneider Electric's India data centre business to surpass overall operations in the nation. Between 15 and 20% of Schneider Electric's revenue in India comes from data centres at the moment.
India's startup funding action on 25 May 2026 spanned biotech, speciality coffee, beauty services and D2C jewellery. Four startups collectively raised over $26 million across early and growth-stage rounds, with biotech firm StrainX leading the day at $13 million. In key business news, corporate travel platform Ziptrrip acquired
The gold price today in India is ₹15,998 per gram for 24-carat gold, up 0.40% from Friday. The silver price today in India is ₹2,76,780 per kg, jumping 1.65% as the week opens on a positive note. Bullions.co.in headlines for today read "
While Nvidia has been having trouble selling its high-end processors in China, Chinese tech firm Huawei has been touting a new strategy for developing advanced semiconductors despite U.S. sanctions. This autumn, Huawei announced that it had created a new engineering method called "LogicFolding" to produce its Kirin
To attract the next generation of Indian internet shoppers, Flipkart's Shopsy is rebranding as an AI-powered marketplace. The business boasted that the app is evolving into something more than just an offers-led marketplace. The target demographic for this shift is youthful, budget-conscious consumers in both major and smaller
Reportedly, Microsoft has started moving its engineering staff away from direct Claude Code licenses and toward GitHub Copilot CLI. This change occurs just six months after the tech company encouraged widespread experimentation with AI-assisted coding by making Claude Code. Making it available to thousands of its employees, including engineers, project
Funding
Yes Madam, one of India's fastest-growing at-home beauty and wellness platforms, has raised ₹50 crore in its first institutional funding round from the recently launched growth fund of Info Edge, led by Sanjeev Bikhchandani. The Noida-headquartered company, which has been bootstrapped and profitable since inception, will deploy the
The B2B payments startup PayMate India Ltd, which has backing from Visa Inc. and Lightbox Ventures, has been late paying employees their full salary for up to a year. Until a planned transaction with DigiAsia Corp closes and new capital flows in, the company stated it cannot do so. A
GIVA
Bengaluru, May 25, 2026 — GIVA, India's fast-growing fine jewellery brand, has welcomed National Award-winning actor and entrepreneur Kriti Sanon as a Strategic Investor and Brand Ambassador, deepening a partnership that the company says will extend well beyond a conventional celebrity endorsement. The investment lands on the heels of
🤝 Acquisition
Ziptrrip, the Mumbai-based AI-powered corporate travel and expense management platform, has acquired HelloTravel Online Private Limited in what marks its first buyout within three years of operations, the company announced on May 25, 2026. The transaction sees HelloTravel, an 18-year-old travel marketplace that was demerged as an independent entity in
🗞️ Funding Roundup
Welcome to StartupTalky’s 2026 US funding updates. This article offers a clear and structured overview of the latest investment activity in the United States throughout the year. Our weekly funding tables, updated regularly, track how much funding companies have raised, the industries they operate in, key investors involved, and
For one of AI's most pressing problems, OpenAI is seeking a researcher to join their team. The goal of open AI is to find a solution to the problem of what occurs when AI systems can train themselves to be smarter. This position is part of the company&
Goldman Sachs, Societe Generale, and Citigroup Global Markets are among the global financial institutions that have purchased a 1.34% stake in Paytm's parent firm, One 97 Communications. These investment firms paid INR crores in open market transactions to acquire shares from SAIF Partners and Elevation Capital. The
In a move into the beauty services market, Snabbit now offers a salon-at-home service that, in a matter of minutes, links clients with certified beauty experts. This is the first step for the platform into a new market that it hopes will enhance its current home services offerings. After six
A significant agreement has been inked between India Post and Flipkart to enhance last-mile parcel delivery services nationwide. By merging India Post's extensive delivery network with Flipkart's robust online retail presence, the alliance seeks to enhance the reach and efficiency of e-commerce deliveries. The Department of
Seed Funding
TIST Media, the Mumbai-headquartered creator economy company, has closed its seed round at a post-money valuation of approximately USD 5.9 million, with Sthira Partners leading the investment. The round marks one of the few instances of institutional capital flowing into a pure-play creator economy business in India, signalling a
Today's Indian startup landscape is dominated by corporate developments rather than fresh funding rounds. Quick commerce leader Zepto is reportedly readying an ₹11,000 crore IPO by July, while healthtech unicorn Innovaccer has acquired US-based CaduceusHealth in its fifth buyout in two years. On the listed side, Info
The gold price today in India is ₹16,003 per gram for 24-carat gold, down 0.24% from yesterday. The silver price today in India is ₹2,74,830 per kg, falling 0.26% in early trade. Gold is trading at $4,535.79 as of 22 May 2026. Both
Stellantis has just launched the most significant rethinking of its India strategy in recent times. The company and Tata Motors have declared their intention to collaborate on the design and production of a new Jeep model for the international market. As a result, India went from being a challenging home
In its first quarter of fiscal year 27 earnings commentary, the worldwide retail juggernaut Walmart highlighted Flipkart and its quick commerce service, Flipkart Minutes, illuminating the platform's lightning-fast delivery growth in India. The e-commerce giant was singled out by the retailer for its contribution to the quarter'
Swiggy, a food tech giant, had its bid to become an IOCC (Indian-owned and controlled company) rejected by shareholders. The foodtech juggernaut was unable to restructure its board nominating process and change its articles of association (AoAs) due to a lack of support. The business reported 72.36% support for
Meta has initiated yet another round of job cuts in the Irish market. The US IT titan is moving on with a worldwide reorganisation strategy focused on AI and automation, which might lead to the layoff of as many as 350 workers. Meta plans to let off over 8,000
Indian startups saw fresh capital flow into fintech and digital fashion on 21 May 2026, with two funding rounds anchoring the day. Travel-fintech Scapia led the tally with a $63 million raise backed by General Catalyst, while Meta Fashion picked up $400K in pre-seed funding led by Lumikai. On the
In July, Zepto, a platform for quick commerce, will conduct its initial public offering (IPO) with a target price of INR 11,000 crore. If the IPO is approved, Zepto would become the third Indian food delivery app to follow Swiggy and Zomato in being listed on a stock exchange.
With an investment of over $10 billion, Advanced Micro Devices plans to significantly increase its footprint in Taiwan. Therefore, in an effort to catch up to Nvidia in the rapidly expanding market for artificial intelligence chips, it is strengthening relationships throughout the island's semiconductor ecosystem. The American semiconductor
A broader overhaul of loan recovery standards is underway. Reserve Bank of India (RBI) has issued modification orders to update 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents.'. As part of the planned changes, financial institutions like banks and NBFCs will be able
Gold prices in India today are around ₹15,944 per gram for 24-carat gold, while silver prices are near ₹2,85,000 per kg. Prices are mostly stable as investors react to the US Federal Reserve’s latest policy comments. Gold and silver rates on 21 May 2026 saw only
As part of its aggressive push into artificial intelligence, corporate software company Intuit is laying off about 3,000 workers worldwide. Additionally, in order to better compete in a market that is becoming more and more driven by AI, the company is restructuring its organisational structure. Chief Executive Officer Sasan
Southwest Airlines' recently established Global Innovation Centre in Hyderabad aims to hire approximately 1,000 people in the next years. The move is part of the airline's strategy to fortify its engineering and technological capacities in countries other than the US. According to remarks made by senior
ANSCER Robotics
Bengaluru-based industrial robotics company ANSCER Robotics has raised ₹45 crore in a fresh funding round led by IAN Alpha Fund, the second venture capital fund in IAN Group's series, with participation from Info Edge and a clutch of angel investors. The capital infusion, announced on 21 May 2026,
Meta Fashion
Meta Fashion, a Delhi-based digital fashion platform building what its founders describe as the "Zara for the Virtual World," has raised approximately $400,000 in a pre-seed funding round led by Lumikai, India's interactive media, digital platforms, and games-focused venture capital fund. The round, announced on
Scapia
Scapia, the Bengaluru-based travel-fintech company, has raised $63 million in a fresh funding round led by US-based venture firm General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. The round, announced on May 21, 2026, takes the company's total equity funding to approximately $135
Despite TCS announcing an average salary increase of around 5%, numerous staffers have claimed that their monthly salaries have been reduced, leading employees to question the company's latest appraisal cycle. The corporation reportedly implemented wage adjustments on May 18, according to recent media reports. The appraisal season has
The gold price today in India is ₹15,940 per gram for 24-carat gold, down 0.28% from yesterday. The silver price today in India is ₹2,72,850 per kg, rising 0.69% in a split-session day. Gold pulled away from its ₹1.60 lakh mark in early trade
📰 News
Domino’s is one of the most successful pizza brands in India with 1,900+ stores across the country. From franchise cost and profit margins to investment requirements and application steps, this guide covers everything you need to know before opening a Domino’s franchise in India.
To increase commercial electric mobility and decrease emissions from the transportation sector, India is contemplating a $1 billion (approximately INR 8,300 crore) incentive programme. The step is taken to encourage private fleet operators to purchase electric buses and trucks. Despite having lower operating expenses than conventional diesel vehicles, electric
Priority Postpaid, a new service by Bharti Airtel that uses 5G slicing technology, was announced for launch on 19 May. The service will dynamically prioritise network capacity for postpaid customers, and this is the first commercial rollout of its kind in India, according to Airtel. Customers who rely on constant
Mythik
Mythik, the tech-first global entertainment company founded by Jason Kothari, has raised an additional $5 million in fresh capital, lifting its valuation to over $50 million and reinforcing its standing as one of the most closely watched new entrants in the emerging media-tech landscape. The top-up round, announced on May
With this latest round of massive layoffs, Meta is removing approximately 10% of its worldwide workforce. By ordering employees in places like the United States, the United Kingdom, and Singapore to remain at home and work, Meta successfully avoided any internal turmoil in the company. The layoff notifications eventually arrived
606 LinkedIn employees in California have been notified that they will be laid off this summer. This decision was made shortly after the professional networking platform's most recent quarterly results showed a 12% increase in revenue year over year. Multiple US media outlets reviewed a WARN filing that
Indian startup activity on 19 May 2026 was led by early-stage rounds in fintech and agri-finance, alongside notable secondary market action. Two funding rounds were announced, with agri-finance startup ONO leading the day at $1.2 million. In key business news, Groww's promoter group sold shares worth ₹270
By the year 2030, the food and drink giant PepsiCo plans to pour as much as INR 5,700 crore into the Indian market. According to Jagrut Kotecha, the chief executive officer for India and South Asia, the investment will mainly go toward increasing the production capacity of the company&
The gold price today in India is ₹16,042 per gram for 24-carat gold, up 0.28% from Monday. The silver price today in India is ₹2,74,560 per kg, falling 0.94% as rate-cut hopes fade further. Gold and silver prices in India showed a mixed trend on
The National Payments Corporation of India (NPCI) is reportedly working on a standardised, interoperable framework for soundboxes. This new initiative will enable all payment apps to support transactions based on the Unified Payments Interface. As soundboxes proliferate among stores and mom-and-pop shops, NPCI's unified platform will function independently
On May 20, Meta will lay off 10% of its employees. This is all a part of a larger reorganisation that the company is undergoing in response to its increasing emphasis on AI and automation. The corporation is planning to implement significant organisational changes to restructure workflows around AI-driven operations
Standard Chartered, a bank with headquarters in London, has stated that it will eliminate over 15% (around 7800 employees) of its workforce by the year 2030. The move comes as the bank increases its use of AI to improve efficiency, according to media reports. Its website states that the layoffs
Trackk
Trackk, an investment platform targeting Gen Z investors in India, has raised $3.7 million in a seed funding round led by Lightspeed, with participation from Info Edge Ventures and a clutch of high-profile angel investors including Gaurav Munjal, Roman Saini, Tanmay Bhatt, Varun Mayya, and Gaurav Kapoor. The fresh
A new and ambitious industrial policy has been unveiled by the Haryana government. Massive investment, the creation of lakhs of jobs, and the promotion of cleaner transport in the National Capital Region (NCR) are all goals of the policy. On 18 May, the State Cabinet put the "Make in
ONO
Bengaluru-based Agri-Finance startup ONO has raised $1.2 million in a Pre-Series A funding round led by early-stage venture capital firm Aeravti Ventures, with participation from Tremis Capital and a clutch of angel investors. The fresh capital arrives as the company scales its data and AI-led post-harvest infrastructure for Agri-SMEs
Indian startups saw funding flow into trading-tech, biotech, and recovery-tech today, with three rounds totalling around ₹50.3 crore. Mumbai-based trading app Trackk led the day, raising ₹30 crore in an extended seed round from Lightspeed India and Info Edge Ventures. Cellogen Therapeutics bagged ₹20 crore from Kotak Alts to
There will be 850 layoffs at Inter IKEA, the business that franchises the internationally renowned Swedish furniture giant IKEA in 63 countries. In response to declining consumer demand and increasing economic pressures, the move is a component of a comprehensive plan to cut costs. The elimination of positions is part
In an effort to save $2 billion, Starbucks Corp. is considering opening a technology office in India. A message was sent to employees stating that the new hub is scheduled to be built during the company's fiscal year 2027, which begins in October. After deciding on a location
With the opening of Million Minds Tech City, Ahmedabad is vying to become one of India's many Global Capability Centre (GCC) nodes. In this endeavour, Ganesh Housing Limited is investing INR 15,000 crore to build an integrated technological township. Ahmedabad has long been known as a hub
Key Highlights * Paramotor Digital Technology has confidentially filed its draft red herring prospectus (DRHP) with SEBI under the pre-filing route for a proposed IPO. * The Mumbai-based fintech reported revenue of ₹112 crore in FY 2024-25, up 232% year-on-year, with net profit of ₹29.2 crore. * Its portfolio includes SpendPro, RewardOn,
Bharti Airtel Ltd. has overtaken HDFC Bank Ltd. to become India's second most valued listed company by market capitalisation on Monday, May 18, 2026, as the telecom major's shares climbed for a fourth consecutive session while the private lender remained under pressure over its chairman succession
The gold price today in India is ₹15,693 per gram for 24-carat gold, unchanged from Sunday. The silver price today in India is ₹2,79,900 per kg, broadly flat as the week begins. Today's gold price in India stands at ₹15,693 per gram for 24-carat
Recently, Jane Street Group LLC established a new office in Singapore. Consequently, as it keeps expanding its operations across Asia, it is doubling its seating capacity to 250 people. A total of 24,000 square feet (2,230 square metres) has been leased by the market maker in the IOI
The gold price today in India is ₹15,911 per gram for 24-carat gold. The silver price today in India is ₹2,71,740 per kg. Both metals are flat today after one of the most turbulent weeks in Indian bullion market history. Gold prices in India remained unchanged on
The gold price today in India is ₹15,910 per gram for 24-carat gold, down sharply from ₹16,265 yesterday. The silver price today in India has crashed to ₹2,71,720 per kg, a fall of over ₹20,000 in just 24 hours. Spot gold fell 2% to around
Sanjay and Dheeraj Hinduja and Family, representing the 111-year-old transnational conglomerate Hinduja Group, has topped the Sunday Times Rich List at £38 billion for the fifth successive year. The Sunday Times Rich List is a definitive annual ranking of the wealthiest individuals and families residing in the United Kingdom, with
Electric vehicle (EV) giant Ola Electric's board of directors has approved a cumulative investment of INR 2,000 Cr just days before the company reports its financial results for the fourth quarter. The company's cell manufacturing division, Ola Cell Technologies Pvt Ltd (OCT), and its vehicle
India's startup ecosystem saw meaningful action on 15 May 2026, with mobility, consumer brands, and electric vehicles drawing fresh capital. Three funding rounds were announced today, led by Rapido's $240 million primary infusion from Prosus at a $3 billion valuation. On the news front, Walmart-owned Flipkart
Coal India Ltd's solar manufacturing subsidiary has been dissolved. This action officially ends the company's plans to use a special-purpose vehicle to get into integrated solar photovoltaic manufacturing. In a regulatory filing, the state-owned coal miner announced that CIL Solar PV Ltd has been dissolved and
On May 14th, the Enforcement Directorate announced that bank deposits totalling INR 526 crore had been frozen. Moreover, the Enforcement Directorate (ED) has announced that, following the conclusion of searches in a money laundering case involving the online gaming platform Gameskraft and its founders, it has confiscated INR 11 lakh
By the end of 2027, Uber intends to establish two substantial technology centers in Bengaluru and Hyderabad. Consequently, this shows Uber's stronger dedication towards India in the long run. The business is currently increasing its presence in the field of engineering and infrastructure in a rapidly developing market.
The silver price today in India is ₹2,90,000 per kg, falling sharply after COMEX silver crashed nearly 6% overnight. The gold price today in India is ₹16,265 per gram for 24-carat gold, broadly steady but under pressure. Both metals are correcting after a historic two-day surge driven
Campus job offers from Oracle have allegedly been withdrawn from students at various National Institutes of Technology and Indian Institutes of Technology. More than 30,000 workers across the globe were allegedly impacted by the tech company's massive global restructuring exercise, which was completed just weeks ago. Due
🏆 Lists & Rankings
Explore the best government franchise opportunities in India, including India Post, BSNL, Jan Aushadhi, CSC, and Indian Oil. Compare investment, ROI, and requirements to choose the right government-backed business opportunity.
Legend of Toys
Legend of Toys, the Bengaluru-based direct-to-consumer toy brand, has raised ₹21 crore in a Pre-Series A funding round aimed at building what the company describes as India's first premium play universe. The round saw participation from Singularity Early Opportunities Fund, Veltis Capital, Enzia Ventures, DeVC, Atrium Angels and
📰 News
Discover 64 profitable land business ideas in India to earn from vacant or empty land. Explore farming, EV charging stations, cold storage, parking lots, solar energy, and more high-return opportunities.
The gold price today in India is ₹16,201 per gram for 24-carat gold, and the silver price today in India has crossed ₹3,10,000 per kg in Mumbai. Both metals continue to trade at elevated levels, a day after India's historic import duty hike from 6%
Three former Peak XV Partners managing directors, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital, a new India-focused venture capital firm, and are targeting a maiden fund of $350 million to $400 million to back domestic startups, according to multiple media reports on May 14, 2026. The
* Secret Alchemist, the Samantha Ruth Prabhu co-founded aromatherapy and clean fragrance brand, leads IPV's exit slate with a standout 192% IRR and 4.56x MoM, followed by Aerem (60% IRR, 3.92x MoM), Qubehealth (49% IRR, 5.49x MoM), and Kazam (34% IRR, 4.21x MoM) among top
In anticipation of its highly anticipated initial public offering (IPO), the digital arm of Reliance Industries, Jio Platforms, has named Akash Ambani as its managing director for a duration of five years, starting April 9, 2026. The nomination was approved by a vote of all board members at an April
Tuesday's deal flow was led by early-stage rounds across fintech, housing finance and on-demand services, with three Indian startups collectively raising over ₹40 crore. Doorstep smartphone repair startup Instafix secured ₹7.55 crore in pre-seed funding, while Nivasa Finance closed a ₹25 crore seed round to scale its
The gold price today in India has surged nearly 6% to ₹1,63,000 per 10 grams. The silver price today in India is ₹2,96,910 per kg, up 6.2% in a single session. The Centre has more than doubled the import duty on gold and silver, raising
The health and insurance benefits for over 90,000 delivery colleagues across Amazon India's operations network have been enhanced, the company announced. Coverage for common medical expenses can be obtained through the benefits' outpatient department (OPD) coverage. Compensation for both temporary and permanent disabilities, as well as
Meta workers are protesting the company's new monitoring software that aims to teach AI by posting leaflets around the headquarters in the United States. This change occurred only days before the corporation was scheduled to start laying off 10% of its employees on May 20. The Model Capability
Gurugram, May 13, 2026 — Instafix, a 30-minute doorstep smartphone repair service, has raised ₹7.55 crore in a pre-seed funding round co-led by Titan Capital and 8i Ventures. The round also saw participation from Anish Srivastava, Senior Vice President at Blinkit, and Bharat Kalia, Co-founder and CEO of Lifelong. The
Walmart is purportedly contemplating the reduction or relocation of approximately 1,000 corporate employees. Its technology and AI activities are being restructured, and this relocation or these layoffs are just one component of this development. As part of its strategy to better integrate its worldwide technology and AI product teams,
India's credit card industry has undergone a remarkable transformation over the past five years. From fewer than 60 million cards in FY2020, the country now has over 118 million credit cards in circulation. Spending has grown from under ₹6 trillion annually to nearly ₹24 trillion in FY2026, reflecting