McKinsey & Company is thinking about laying off thousands of employees in response to the quick development of artificial intelligence. According to reports, senior executives at the company have discussed plans to cut staff in several non-client-facing divisions by roughly 10%. This might result in several thousand layoffs over the
In the upcoming weeks, Amazon plans to lay off 370 employees at its European headquarters in Luxembourg. At this workplace, this will be the largest round of job reductions ever. Approximately 8.5% of the 4,370 employees are impacted by the cuts. The layoffs follow Amazon's announcement
Thyrocare Technologies Limited (hereinafter referred to as “Thyrocare” NSE: THYROCARE, BSE: 539871), a leading healthcare diagnostics company, has appointed Dr Ramesh Kinha as its Chief Operating Officer, further strengthening its leadership team as the company continues to scale its operations across India. Dr Kinha is a seasoned healthcare and diagnostics
In an effort to establish itself as a domestic substitute for app-based taxi aggregators like Uber and Rapido, India's first cooperative-based taxi service, Bharat Taxi, is scheduled to launch in the nation's capital early next year. According to government sources, over one lakh drivers have already
Oben Electric, India’s homegrown and R&D-driven electric motorcycle manufacturer, today announced the successful raise of INR 85 Crores in its Pre-Series B round. The round saw participation from multiple renowned Indian American Family Offices including Raj K Soin, Musa Dakri, Ramesh Bhutada and other existing investors. The
As the largest IT services company in the nation intensifies its efforts to become an AI-led organisation, Tata Consultancy Services has revealed for the first time that its artificial intelligence division has crossed $1.5 billion in annualised revenue, gaining 16% quarter over quarter. Chief executive K Krithivasan stated during
WorkIndia, India's largest recruitment platform for blue and grey-collar workers, has raised ₹97 crore in its latest funding round. Aavishkaar Capital led the round with ₹75 crore, while existing investor BEENEXT Capital invested ₹22 crore. This Series B fundraise will be used to upgrade WorkIndia's technology
India’s startup ecosystem remained vibrant on 17th December 2025, marked by fresh funding rounds across biotechnology, creative AI, and longevity science, alongside major IPO-driven milestones. Early-stage biotech startup Cellarim Labs, experiential tech player Tagbin, and longevity-focused Decode Age collectively raised capital to scale innovation, research, and market expansion. Meanwhile,
Backed by Rosy Blue and Kashikey, the brand enters the market with ₹1000 crore in strategic investment and a new experiential retail model for 100% natural gemstones & diamond jewellery.
According to CNBC and Reuters, who cited people with knowledge of the situation, Amazon and OpenAI are negotiating a possible billion-dollar investment in the AI startup. Amazon may invest more than $10 billion in OpenAI in addition to a deal to use its AI processors, according to the two publications&
Coinbase Global Inc.'s proposal to purchase a minority share in DCX Global Ltd., the company that controls the brand, technology, and intellectual property of cryptocurrency unicorn CoinDCX, has been accepted by the Competition Commission of India (CCI). Coinbase, a US-based company, has lately extended its operations to India
According to various media reports, Zepto, a quick commerce (qcom) unicorn, is expected to submit the draft documents for its impending initial public offering (IPO) within the next seven to eight days, as reported by Business Standard. The business plans to go public the following year and is anticipated to
Mizuho Financial Group Inc. is making its most recent wager on India's quickly growing financial services industry by purchasing a majority share in the investment bank Avendus Capital Pvt., which is backed by KKR & Co. The third-biggest bank in Japan announced on 17 December that a significant
Cellarim Labs, a biotechnology startup pioneering cell-free biomanufacturing for beauty and personal care ingredients, today announced that it has raised ₹6 crore in Seed funding. The round was led by 3i Partners and Venture Catalysts, with participation from Momentum Capital, Jashan Bhumkar, Gayathri Kuppendra Reddy, and other strategic investors. Founded
Meesho co‑founder and CEO Vidit Aatrey has officially joined the billionaire club after the company’s shares surged sharply since its recent stock market debut. The rise in share price has transformed his ownership in the business into a nine‑figure fortune. Meesho’s shares jumped from their initial
- The new rules are putting pressure on the Indian IT companies in the U.S., cutting H-1B applications by 30–50%. - More roles are expected to shift from the U.S. to India.
Decode Age, a longevity science organisation focused on ageing biology, biomarker research and gut microbiome science, has raised ₹14.48 crore in its Pre Series A funding round led by Dr Krishna Prasad Chigurupati, Chairman and Managing Director, Granules India Limited. With over forty years of experience in the pharmaceutical
Indian shapewear brand underneat.in has crossed INR 150 crore in annual recurring revenue (ARR) in less than eight months, marking one of the fastest scale-ups in the D2C fashion space. The milestone comes alongside a $6 million Pre-Series A funding round led by Fireside Ventures, with Mamaearth Co-founder Ghazal
- Warner Bros’ board is set to reject Paramount’s $108.4 billion offer. - Paramount’s deal has weakened after Affinity Partners exited the financing, reports say. - The board will likely recommit to Netflix's $72 billion.
Climate tech startup, Aurassure that delivers real-time, hyperlocal visibility into environmental risks for enterprises operating in increasingly volatile climates, has raised Rs 25 Crore in Pre-Series A led by Rainmatter by Zerodha and Unicorn India Ventures. The round also saw participation from Maithan Alloys Limited. The funds raised will be
Bengaluru-based clean-label beverage startup Swizzle has raised ₹2 crore in a Seed round, with the investment finalised on the popular entrepreneurship show Ideabaaz. The round was led by noted angel investors Sooraj Singh, CEO & Founder of Unibots, and Shaili Chopra, Founder of SheThePeople and Gytree. Swizzle secured funding following
Capital-A, India’s specialist venture capital fund for manufacturing and deep tech, has led a $750K pre-seed round in Quintrans, a deep tech engineering startup developing India-built direct-drive linear motion systems for industrial automation, robotics and equipment manufacturing. The round also saw participation from Sumeet Kabra of RR Global, SanchiConnect,
Moxie Beauty, one of India’s fastest-growing haircare brands, has raised $15 million in Series A funding in a round led by Bessemer Venture Partners. The funding round also saw participation from existing investor Fireside Ventures, along with angel investors including Navin Parwal, Sangeet Agarwal, and Arjun Purkayastha. Earlier angel
India’s startup ecosystem continued to witness strong momentum on 16th December 2025, with funding activity spanning spacetech, D2C beauty, climate tech, deep tech, and consumer appliances. Spacetech startup Digantara led the day with a $50 million Series B round, while haircare brand Moxie Beauty and shapewear startup Underneat secured