As it struggles with the aftermath and other issues following the fatal crash in Ahmedabad that claimed the lives of over 240 people, Air India is now requesting INR 10,000 crore ($1.1 billion) in financial support from its owners, Tata Sons and Singapore Airlines, according to Bloomberg. As
According to an article published by Reuters, OpenAI is preparing for what may be one of the largest initial public offerings in history, which could value the business at up to $1 trillion. The story further noted that OpenAI is thinking about registering with securities regulators as early as the
Pluro is redefining fertility care by partnering with top IVF specialists to offer a world-class, tech-driven “couple-first” experience. Pluro Fertility and IVF, a healthcare partnership platform, has raised ₹125 crore in a Series A funding round led by Bessemer Venture Partners, valuing the company at ₹1,000 crore. The funding
India’s startup ecosystem witnessed another dynamic day filled with major funding announcements, tech partnerships, and strategic rebrands. From mobility and fintech to biotech and AI, several startups secured significant capital to scale innovation and expand market reach. On the technology front, Google’s collaboration with Reliance Jio aims to
After acquiring the email programme Superhuman in July, Grammarly has declared that it is changing its name to "Superhuman". According to the corporation, Grammarly will continue to function and have its current identity despite the new name. Long term, the company is also thinking of rebranding other products
Google and Reliance Industries have launched a strategic agreement that will provide eligible Jio consumers free access to Google AI Pro, a premium product worth INR 35,100 per user, for 18 months. As part of Reliance's "AI for All" mission, the partnership seeks to democratise
Affirma Capital, in partnership with 360 ONE Asset and others, has announced an investment of up to $56 million in RMSI Limited, a leading engineering and geospatial services company. The transaction, led by Affirma Capital, marks the first investment from its India-focused fund, Agastya Capital India Growth Fund, undertaken in
* Drip Capital’s total debt funding raised to date exceeds $500 million, supported by global partners including Barclays, World Bank’s International Finance Corporation (IFC), and East West Bank * The latest round of funding, led by Toronto-Dominion Bank, strengthens Drip Capital’s global platform for small and mid-sized businesses (SMBs)
Sam Altman, the CEO of OpenAI, announced on 30 October a bold trillion-dollar plan to significantly grow the company's artificial intelligence infrastructure, marking a significant change from a research-focused organisation to a major commercial force. Altman declared that OpenAI intends to construct roughly 30 gigawatts of computer capacity
On 29 October, General Motors (GM) declared its intention to reduce the manufacture of batteries and electric vehicles in the United States. In response to a slowdown in demand for battery cars, it plans to lay off 1,200 employees at its EV facility in Detroit and 550 at a
According to various media reports, US retailer Target Corporation is letting off roughly 150 workers from its global capabilities centre (GCC) in India. The action is a component of the company's broader worldwide restructuring, which also includes the largest personnel decrease in ten years: 1,800 corporate job
Capital Small Finance Bank's Q2FY26 Gross Advances rise 17.7% Y-o-Y to ₹7,907 crore; Deposits up 19.8% Y-o-Y to ₹9,317 crore; Profit After Tax at ₹35 crore.
PointAI (previously known as Try ND Buy), a leading deep-tech company specialising in Artificial Intelligence (AI) and Computer Vision, has raised INR 47 crore in a Pre-Series A funding round led by Yali Capital, Lip-Bu Tan (Chairman, Walden International), and Tremis Capital. The company recently underwent a strategic rebrand from
Vijya Fintech, the parent company of flagship wealth-tech platform MIDASX, has announced the successful closure of its INR 12 crore Seed Round, marking a major milestone in its mission to build India’s first open-architecture, AI-driven B2B2C multi-asset marketplace. With this round, the company’s total funding has reached INR
A top official of the Korean electronics giant announced on 29 October that Mahindra & Mahindra and Samsung had partnered to create digital keys for electric SUVs that are integrated with Samsung Wallet, doing away with the need for physical keys. While Samsung Wallet supports the digital keys feature of
India’s startup ecosystem remained vibrant on 29th October 2025, witnessing a diverse set of fundraises across AI, fintech, agritech, and consumer brands. From Mem0’s $24 million round in the AI infrastructure space to Fambo’s Series A boost in agrifood supply, the day highlighted strong investor confidence in
The chief executive of India's Akasa Air stated on 29 October that the airline intends to resume hiring pilots in the second half of next year with the goal of becoming public within the next two to five years. Making a loss Due to delayed deliveries from Boeing,
With a strong rally that has solidified its position at the forefront of the artificial intelligence boom, Nvidia was poised to make history on 29 October by becoming the first business to reach $5 trillion in market value. After CEO Jensen Huang revealed plans to create seven supercomputers for the
According to various media reports, engineering powerhouse Larsen & Toubro (L&T) is considering entering the electronics manufacturing services (EMS) market and has already begun talks with the Tamil Nadu government for roughly 200 acres of property close to Chennai. Following in Tata's footsteps, the $17 billion
* Fambo raises INR 21.55 Cr Series A from AgriSURE Fund (Managed by its Investment Manager NABVENTURES Limited) and EV2 Ventures * Funding to drive expansion, product innovation, team growth, and technology upgrades * Serves 1,000+ restaurants and cloud kitchens, including McDonald’s, Burger King, Burger Singh, and Barbeque Nation Noida-based
Amazon has announced it will cut about 14,000 corporate roles globally, in a restructuring the company says is designed to simplify operations and redirect resources toward priority areas such as artificial intelligence (AI). The move was confirmed in an internal message shared by Amazon executives and in company statements
Indian eyewear retailer Lenskart has secured an investment of INR 100 crore from SBI Mutual Fund in a pre-IPO transaction. The investment comes via SBI’s Alternative Investment Funds (AIFs), namely the SBI Optimal Equity Fund and SBI Emergent Fund. Transaction specifics * The INR 100 crore investment was made at
Imagine Marketing Limited, the parent company of consumer electronics brand boAt, has filed its Updated Draft Red Herring Prospectus (UDRHP-I) with the Securities and Exchange Board of India (SEBI). The filing marks a key step towards its proposed INR 1,500 crore initial public offering (IPO). The proposed issue includes
Kickstarting in Bengaluru, Snitch eyes Delhi, Mumbai, and Hyderabad next, with a pan-India rollout planned by 2026.