Peyush Bansal, co-founder and CEO of Lenskart and Shark Tank India Judge, is close to joining India’s billionaire club. His eyewear company is preparing to go public in Mumbai, with the initial public offering (IPO) expected in early November 2025. Investors are watching closely, as shares have already seen
Buying gold during Dhanteras and Diwali is a long-standing Indian tradition symbolising prosperity, wealth, and good fortune. This festive season, JioFinance has introduced Jio Gold 24K Days, a limited-period offer that rewards customers with 2% free gold and a chance to win prizes worth ₹10 lakh on purchases made through
Nestlé’s New CEO, Philipp Navratil, is making bold moves to save 3 billion francs. And here's how he is doing it.
Jio Financial Services Limited (JFSL) has posted strong growth in the second quarter of the financial year 2025-26, ending 30 September 2025, with consolidated total income rising to ₹1,002 crore, up 44% year-on-year. Net income from business surged fivefold to ₹317 crore, while profit after tax stood at ₹695
India’s startup and corporate ecosystem witnessed significant developments on 16th October 2025. Quick-commerce, audio platforms, health tech, AI, and life sciences startups secured funding rounds to expand operations, enhance technology, and scale services. On the corporate front, French luxury retailer Galeries Lafayette announced its debut in Mumbai, while Goldman
India’s fast-growing quick-commerce platform, Zepto, has raised $450 million in a new funding round led by CalPERS (California Public Employees’ Retirement System), valuing the company at $7 billion. The funding round is one of the largest investments in the Indian startup ecosystem this year and sets the stage for
One97 Communications, the parent company of Paytm, has authorised an internal reorganisation plan to directly own a number of its technological and financial businesses. The business stated in a filing with the exchanges that the action is a component of its endeavours to enhance operational efficiency, fortify governance, and streamline
BeastLife, one of India’s fastest-growing fitness and nutrition brands, has joined hands with Annamrita Foundation, a Mumbai-based NGO known for serving nutritious mid-day meals to children in government-aided schools. Through this partnership, BeastLife pledges that from October 16 onwards, for every order placed on its website, one child will
Zerodha Founder and CEO Nithin Kamath has admitted that his personal Twitter (X) account was compromised after he clicked on a phishing e-mail link. The post, shared by Kamath on LinkedIn, has gone viral, not just because of who he is, but because it highlights how even the most tech-savvy
According to reports, Apple is urging the Centre to loosen income tax regulations pertaining to the ownership of "high-end" iPhone equipment that the massive tech company supplies to its contract manufacturers. According to sources who spoke to Reuters, Apple executives have been in discussions with Indian officials in
As the bank seeks to further reduce costs and capitalise on efficiencies brought about by artificial intelligence (AI), Goldman Sachs has reportedly told its employees to anticipate another round of layoffs before the year finishes. According to an internal memo distributed to staff, the New York-based company intends to "
OpenAI's annual revenue is $13 billion and would need just about $1000 billion to solidify its computer systems and infrastructure. Deals, debt, data centres and...
Koo cofounder Mayank Bidawatka has launched PicSee, an AI-powered mutual photo-sharing app, available now on Google Play and Apple App Store. The app is built by his new company, Billion Hearts Software Technologies, and aims to make photo sharing easy, private, and automatic. A New Way to Share Photos PicSee
According to Bloomberg News on 15 October, which cited sources with knowledge of the situation, Apple's Ke Yang, the recently hired CEO spearheading an initiative to create an AI-driven online search similar to ChatGPT, is leaving to join Meta. According to the story, Yang was only a few
Razorpay posted a 65% revenue rise to INR 3,783 crore in FY25, led by growth across payments, banking, and international operations, while reporting a one-time loss due to restructuring.
Graph AI, a California-based AI life sciences company focused on patient safety and pharmacovigilance, has raised $3 million in seed funding, led by Bessemer Venture Partners (BVP). The investment will enable Graph AI to accelerate product innovation, expand its engineering team, and drive global market adoption. Graph AI is part
AI-powered business intelligence startup FireAI has raised INR 4 crore in a seed funding round led by Inflection Point Ventures (IPV). The capital will be channelled towards product development and key innovations such as Causal Chain, Text-to-SQL capabilities, and its proprietary ETL tool to enhance scalability, speed, and user experience.
The ruling Congress government in Karnataka has come under fire from opposition parties after Andhra Pradesh and Google inked a Memorandum of Understanding (MoU) on October 14 to build a top-notch AI data centre in Visakhapatnam. More than one lakh jobs are anticipated to be created by the $15 billion
Ahmedabad has been recommended as the host city for the 2030 Centenary Commonwealth Games, marking India’s return to hosting the event after 20 years and boosting its 2036 Olympic bid.
French luxury department store Galeries Lafayette is making its India debut with a flagship store in Mumbai, in partnership with Aditya Birla Fashion and Retail Ltd (ABFRL). Set to open in early November, the store marks a major step in India’s luxury retail expansion, with Delhi next in line.
The internet will soon verify if the users are, in fact, humans. Here's why?
Reports suggest that MacKenzie Scott now owns 42% fewer shares. What’s her stake in Amazon now?
India’s startup and corporate ecosystem saw notable developments on 15th October 2025. Startups like RARA Barefoot, Everbright Health, Consuma, Fragaria Fruits, Flowatt Battery Science, and Matters.AI secured pre-seed and seed funding to expand operations and scale technology. On the corporate front, Amazon announced up to 15% HR layoffs,
TIPS Music Ltd (formerly Tips Industries Ltd.), one of India’s leading music labels, reported a strong performance for the quarter ended 30 September 2025, with continued double-digit growth. The company recorded a 15% year-on-year increase in revenue and an 8% rise in profit after tax (PAT) for the first