Neulife, a protein-forward and R&D-focused performance nutrition brand, has raised $1 million in its maiden seed funding round, co-led by Subhkam Ventures and Singularity Ventures. The round also saw participation from Sunicon Ventures, Cosma Ventures, and select high-net-worth individuals (HNIs). Prior to this round, Neulife had remained fully
According to the Financial Times, British retailer Marks & Spencer (M&S) has terminated its agreement with Tata Consultancy Services (TCS) to run its IT service desk. However, both businesses maintain that the termination has nothing to do with a hack that occurred earlier this year. The decision ends
VerSe Innovation, India’s leading AI-powered local language technology company and parent to Dailyhunt, Josh, NexVerse.ai, VerSe Collab, Magzter and ValueLeaf, has announced the appointment of Prakashan Manikoth as its Group Chief Financial Officer (Group CFO). Based in Bengaluru, Prakashan will lead VerSe Innovation’s global finance function, focusing
Deel, the global HR and payroll platform, has released its State of Global Compensation Report 2025 in collaboration with Carta, an equity management company. Based on Deel’s vast dataset covering over one million contracts and more than 35,000 customers across 150+ countries — the report offers deep insights into
The reappointment of trustee Mehli Mistry, whose term expires on October 28, is unlikely to be approved by Tata Trusts chairman Noel Tata, vice chairman Venu Srinivasan, and Vijay Singh, several persons close to the issue informed ET. On 27 October, the trustees may communicate their choice. This week is
In an exchange statement on 25 October, Ola Electric Mobility stated that the board had authorised funding up to INR 1,500 crore through the issuance of securities. A plan to raise money through the issuance of shares or convertible securities, including warrants, through rights issues, qualified institutional placements, private
According to officials, starting in December, green taxes would be collected from cars travelling from other states to Uttarakhand. Officials say the decision is intended to keep the state clean, safeguard the environment, and limit pollution. This tax will start to be collected in December. ANPR Cameras to Act as
In a pre-IPO (initial public offering) funding round, billionaire investor Radhakishan Damani, the creator of Avenue Supermarts (DMart), spent approximately INR 90 crore in eyewear retailer Lenskart Solutions, according to a report by ET. The investment is made in advance of Lenskart's IPO, which is anticipated to go
As it ramps up production of Apple AirPods, Foxconn Interconnect Technology (FIT), Hyderabad, a fully owned subsidiary of Taiwanese contract maker Foxconn, plans to increase its workforce and production lines over the course of the next six to eight months, as reported by ET. In April, the Kongara Kalan factory
The Economic Times reported that Google, a prominent US tech company, has leased over 617,000 square feet of office space at Atrium Place in Gurugram, one of the biggest office space agreements of 2025. The building, which was created in collaboration with DLF and Hines, represents Google's
On October 25, Reliance Industries declared that Reliance Intelligence Limited, its wholly owned subsidiary, has formed a new business, Reliance Enterprise Intelligence Limited (REIL), as part of a joint venture with Facebook's Indian division. The unit, which will concentrate on creating, promoting, and disseminating enterprise AI services, has
The Washington Post reported on 25 October that Indian officials allegedly droughted and approved a plan in May to redirect approximately $3.9 billion in investments from the state-owned insurer to Adani Group enterprises. The Life Insurance Corporation of India (LIC) refuted the claims. The claims were deemed "false&
After doubling in price so far in 2025, the yellow asset fell hard in just a few days. As a gold investor, should you sell, hold or buy more?
India’s startup and business ecosystem saw notable developments on 24th October 2025, with multiple funding rounds and key corporate announcements. From sports infrastructure and trade finance to enterprise AI and urban water solutions, startups continue to attract significant investments. In parallel, prominent business leaders and organizations, including Deepinder Goyal
Tech giants and startups are filling the void left by Meta's announcement that it will lay off 600 workers from its AI business. Among them is Sudarshan Kamath, an Indian entrepreneur and the creator of Smallest AI. The US-based businessman said on X that his organisation will appoint
Michezo Sports, an early leader in India’s sports infrastructure sector, today announced the close of a pre-Series A investment round of approximately $2.5 million, led by Centre Court Capital, a VC fund focused on Sports and Gaming. Rainmatter, the investment arm of Zerodha, also participated in the round.
The Chief Minister's Office (CMO) announced on 23 October that mining behemoth Vedanta Group plans to invest an additional INR 1 trillion in Odisha, generating over 100,000 direct and indirect job opportunities. The group has already made comparable investments in the state through a number of projects.
The Economic Times reported that nine gateway earth stations will be established in key Indian cities, including Mumbai, Noida, Chandigarh, Hyderabad, Kolkata, and Lucknow, by SpaceX's satellite internet service, Starlink. The opening of Starlink's satellite internet services in India will be aided by these stations. Through
In an attempt to expedite decision-making and speed efforts to restore the declining discount retailer's client base, Target said on October 23 that it is laying off roughly 1,800 corporate personnel. According to a corporate representative, the company intends to eliminate roughly 800 open positions and is
On October 23, OpenAI announced that it acquired Software Applications, Inc. and its team, making “Sky” an AI tool for Mac. Learn more.
Days before Mehli Mistry's three-year tenure is to get over, Tata Trusts has suggested re-appointing him as a lifetime trustee, according to a PTI report on 23 October. On October 28, Mistry's tenure at the Sir Dorabji Tata Trust and Sir Ratan Tata Trust, the two
The Singapore court permitted WazirX to restart. And here's what 95% of its creditors agreed to do...
AWS has accused Meesho of an unpaid bill of INR 127.45 crore and has filed a complaint with the arbitration tribunal in New Delhi. So, how will this impact Meesho's IPO?
India’s startup and tech ecosystem witnessed significant funding activity and industry updates this week. AI solutions provider Uniphore raised USD 260 million in a Series F round led by NVIDIA, AMD, Snowflake, and Databricks, while healthy snacking company Wonderland Foods secured INR 140 crore in its maiden institutional funding