Layoffs Again? Ola’s Krutrim Says Goodbye to 50 Employees
Layoffs Again? Ola’s Krutrim Says Goodbye to 50 Employees Work is underway for their biggest AI model, Krutrim 3, yet trimmed 50 employees for...
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TCS Announces Salary Hikes for Employees to Boost Retention and Morale
Tata Consultancy Services (TCS), the biggest IT business in India, announced its most recent round of pay increases on September 2. According to news agency PTI, the increases would range from 4.5% to 7% for the majority of its employees. Employees of the Tata Group company began receiving letters
Flipkart Acquires Majority Stake in Pinkvilla to Strengthen Infotainment & Lifestyle Content Play
The e-commerce company Flipkart announced that it had purchased the majority of Pinkvilla India Private Limited, a well-known online infotainment platform. The purchase is a component of Flipkart's plan to use Pinkvilla's reputation, skills, and devoted following to increase its content presence and improve interaction with
Daily Indian Funding Roundup & Key News – 2nd September 2025: Tuco Kids Raises $4M, CityMall Secures $47M, Urban Company & boAt Get SEBI Nod for IPOs & More
September 2, 2025, was an active day for India’s startup ecosystem with key fundraises across consumer care, EV mobility, and e-commerce. Highlights include Tuco Kids raising $4M, Offgrid Energy Labs securing $15M, LeafyBus expanding with $4.1M, and CityMall bagging $47M. On the business front, Urban Company and boAt
Zanskar Raises ₹2.8 Crore in Seed Funding to Redefine Pain Care with Science-Backed Wellness Solutions
Capital to fuel product innovation, digital expansion, and R&D in India’s ₹16,000 crore pain-relief market Zanskar, a pain-care focused premium and high-efficacy wellness brand, has raised ₹2.8 crore in a seed round of funding led by Zeropearl VC, with participation from angel investors Pawan Gupta
Tuco Kids Raises $4 Million in Series A Round Led by RTP Global
Funding to fuel category creation, brand awareness, and omni-channel expansion for India’s pioneering personal care brand for children.
Dream Job or Work Prison? Greptile’s ₹1.5 Cr Salary for Freshers: 12HR, 6 Days a Week
No WFH, no work life balance, from 9 a.m. to 9 p.m., but take home ₹1.5 Crore a year, will you do it? Greptile offers...
Founder Karan Johar Flips Dating Norms in Elevn’s Humorous New Campaign
The dating app, co-founded by Karan Johar, Raghav Chaturvedi, and Ramya Chaturvedi, launched earlier this year to build safe and meaningful relationships amidst digital dating fatigue Elevn, a fresh entrant in India’s digital dating space, is making a statement with its bold approach to modern romance. Founded earlier this
Meesho Creates 12 Lakh Festive Jobs, 70% in Small Towns
Meesho has generated about 12 lakh seasonal jobs ahead of the festive season, marking a 40% rise from last year. Around 5.5 lakh roles came through sellers, while 6.7 lakh were in logistics, nearly doubling from 2024.
Who is Laurent Freixe? Nestlé CEO Fired Over Alleged Workplace Romance With Employee
Following an inquiry that found that he had an "undisclosed romantic relationship" with a subordinate, Nestlé fired CEO Laurent Freixe. His actions were against company policy. Philipp Navratil, the CEO of Nespresso, was named as his successor by the Swiss multinational. After 40 years with the company, Mr
Salesforce Cuts 4,000 Customer Support Roles Amid AI Push, Confirms Marc Benioff
As AI replaces customer service positions, Salesforce CEO Marc Benioff eliminates 4,000 jobs. Salesforce CEO Marc Benioff recently revealed that 4,000 customer service representatives would be let go, bringing the total number of support people down from 9,000 to about 5,000, an almost 45% reduction. Why
Mansi Jain Elevated as COO of Glance to Lead Global Expansion of AI Commerce
Glance, a global consumer technology leader pioneering the future of AI-powered commerce, today announced the appointment of Mansi Jain as Chief Operating Officer (COO). Her elevation signals a pivotal moment for Glance as it doubles down on its ambition to build and lead the global AI commerce category. Mansi has
Daily Indian Funding Roundup & Key News - 1st September 2025: Cuzor Raises ₹5 Cr, Tessolve Secures $150M, UPI Crosses 20B Transactions & More
The first day of September brought a mix of funding activity, strategic acquisitions, and industry milestones across India’s startup and business ecosystem. From fresh capital inflows into consumer electronics, semiconductor services, and venture funds, to large-scale layoffs, retail consolidation, and UPI’s record-breaking performance, the day highlighted both opportunities
Chaya Nayak: Indian-Origin AI Expert Behind Llama Joins OpenAI After 9 Years at Meta
Nayak spent her ten years there working on initiatives that used AI and data to solve practical problems.
OpenAI to Invest in 1 GW Data Centre in India, Strengthening Local Presence
The startup that created ChatGPT, OpenAI, is looking for regional partners to establish a data centre in India. According to Reuters, which cited Bloomberg News, it seeks to have a capacity of at least one gigawatt. Microsoft Partnership & Stargate AI Infrastructure With Microsoft's support, OpenAI has established
Tata Capital Plans $2 Bn IPO in Last Week of September, Aims for $11 Bn Valuation
According to various media reports, Tata Capital, a non-banking financial company (NBFC), is scheduled to commence its much-awaited $2 billion (INR 17,200 crore) IPO the week of September 22. Reports said that the corporation is anticipated to be worth approximately $11 billion as a result of the issue. Tata
MPL to Layoff 60% Staff as India’s Ban on Paid Online Games Hits Revenue
The Mobile Premier League (MPL), one of the largest gaming businesses in India, has announced significant employment layoffs as a result of the country's decision to ban paid online games. MPL to Lay Off 60% Staff as India Bans Paid Online Games Reuters reports that the Bengaluru-based startup
Reliance AGM 2025 Highlights: Google, Meta, and Jio Building India’s AI Future?
Mukesh Ambani dropped several big announcements: JioFrames, JioPC, Jio AI Cloud 2.0, and key partnerships with Meta and...
Daily Indian Funding Roundup & Key News - 29 August 2025: Vutto Raises $7M, Reliance Launches AI Unit with Google & Meta, Elevation’s $400M Fund & More
India’s startup and business ecosystem continued to witness strong momentum on 29th August 2025, with fresh funding activity and major strategic moves shaping the landscape. From mobility and AI to late-stage venture funding, the day was marked by significant developments. While Vutto secured a $7 million Series A to
India’s GDP Soars 7.8% Growth in Q1 FY26, Beating All Estimates
Amid global trade tensions, India's Q1 FY26 GDP numbers outshine in these sectors...
Success or Self-Destruction? Lucy Guo’s 90-Hour Workweek Sparks Debate
Lucy Guo, the youngest self-made female billionaire, wakes up at 5.30 am, sleeps at 2 am, and works 90 hours a week. Is it a startup necessity? Learn more
Why Meta’s Top AI Talent Is Walking Away: Chaya Nayak Quits to Join OpenAI
After 9 years, Meta's long-time executive (AI Researcher) Chaya Nayak exits. This is the 4th within a month. Is Meta struggling to keep its top talent? Learn more.
Vutto raises $7M Series A led by RTP Global to build India’s most trusted used two-wheeler platform
Vutto, the platform reshaping how India buys and sells used two-wheelers, has raised $7 million in Series A funding led by RTP Global, with participation from existing investor Blume Ventures. Driven by the mission to make personal mobility accessible and affordable for the masses, Vutto is a full-stack platform offering
Big Exit at Meta: $1M Star Hire Rishabh Agarwal Walks Out in Just 5 Months
Is everything fine at Meta? Just after announcing the Superintelligence team reshuffle, 3 big hires made an exit, one of them is Rishabh Agarwal, who wants to...