Banking infrastructure platform TransBnk today announced its $25 million Series B Fundraise led by Bessemer Venture Partners with participation from Arkam Ventures and Fundamentum Partnership, with participation from existing investors 8i Ventures, Accion Venture Labs, GMO Venture Partners. The funds will primarily be used for geographical expansion and bolstering tech
On 28 August 2025 notable developments in India’s startup funding landscape were seen. From banking infrastructure and microfinance to pet care and gaming, startups secured fresh capital to scale operations and deepen market penetration. Meanwhile, India’s macro business environment was abuzz with news on bond financing, IPO stress
In a block deal on 26 August, BNP Paribas Financial Markets purchased 10.12 Cr shares of Zomato parent company Eternal and sold 2.69 Cr shares of rival Swiggy. According to NSE records, BNP Paribas paid INR 318.1 per share for Eternal shares, making the acquisition worth approximately
ChatGPT is facing a heartbreaking lawsuit over the death of 16-year-old Adam Raine, who only spoke to the bot before committing suicide. Did ChatGPT guide him with a step-by-step plan?
According to reports, tech titan Apple and Reliance Jio have teamed up to provide Jio customers Rich Communication Services (RCS) texting on iPhones. According to ET's story, which cited sources, this partnership will enable Jio customers on iPhones to send iMessage-style "blue tick" RCS texts with
A $42.5 million fund is set to support publishers, including online news portals and bloggers. Will this be enough to combat their 25% drop in traffic because of AI platforms? Learn more.
In order to assist and facilitate the formation of at least 5,000 startups by 2035, the Delhi government has produced the draft "Delhi Startup Policy, 2025". The government plans to launch a venture capital fund with a value of INR 200 Cr under the draft policy. Benefits
A big update that Google has revealed for Android might drastically affect how apps are deployed on the platform. The business will mandate that verified developers register all apps on certified Android devices beginning in September 2026. Users will no longer be able to sideload programs from unidentified or unconfirmed
Endorsement incomes of Cricketers will fall by 20–25% after the real-money gaming ban in India. Is the loss a repairable damage or a clean bowled? Learn more.
Apple announced on 26 August that it will establish its fourth location in India next week, this time in Pune. The tech company that makes iPhones has significantly expanded its retail presence in India with the opening of the new Apple shop in Pune. According to the firm, the new
Cumin Co. secures $1.5 Million led by Fireside Ventures with participation from Huddle Ventures to accelerate Innovation and Manufacturing
Eternal, the owner of the Zomato and Blinkit brands, has been subject to three notices from the Goods and Services Tax department. The orders amount to more than INR 40 crore in tax demands, including interest and penalties, as reported by PTI. According to the report, the Joint Commissioner-4 Bengaluru
Harsh Jain, Dream Sports' co-founder and CEO of Dream11, stated that there won't be any layoffs even though the company has switched to free-to-play games after the government outlawed online gaming that requires payment. Harsh Jain’s Assurance: No Layoffs at Dream Sports According to him, Dream
OpenAI launches its biggest learning programs in India, offering about 5 lakh free accounts to teachers. Will this help students change their 'ratta maar' practice? Learn more.
The Wall Street Journal report, which cited internal sources, claims that TikTok has started a new round of layoffs that would impact workers in the UK as the company works towards artificial intelligence to automate content filtering. The activities of TikTok in South and Southeast Asia will also be impacted
India is at a turning point in its wealth story. As entrepreneurs, professionals, and family offices achieve new levels of financial success, the way they approach investments is also evolving. No longer satisfied with the familiar comfort of equities, gold, or mutual funds, the country’s emerging affluent are seeking
Indian shoppers are ringing in the festive season early this year, and it’s already showing up in the numbers. According to e-commerce enabler GoKwik, order volumes for D2C brands on its platform jumped 16% YoY in the pre-festive period, pointing to a strong quarter ahead.
In the event that US President Donald Trump's tariffs take effect, the Reserve Bank of India (RBI), as it has in the past, will intervene and offer financial assistance to the most severely affected industries to help them weather the storm, RBI Governor Sanjay Malhotra stated in Mumbai
Apple and OpenAI were sued on 25 August in a U.S. federal court in Texas by Elon Musk's AI startup xAI and his social network business X. They allegedly accused Apple and OpenAI of illegally collaborating to stifle competition in the field of artificial intelligence. Allegations of
On 25 August 2025, India’s startup and business ecosystem witnessed a flurry of activity across funding, IPO filings, and strategic expansions. From space-tech innovations to fintech, B2B SaaS, and molecular diagnostics, startups raised significant capital to scale operations, while established companies like OYO and Molbio Diagnostics took steps towards
Governments backing Bitcoin and easing regulations are making Bitcoin a less risky investment, but will that be enough to go from $111K to $1M by 2030? Learn more.
India’s Leading Demi-Fine Jewellery Brand Sets Sights on 100 New Stores and Global Expansion
According to Uber CEO Dara Khosrowshahi, Rapido has surpassed Ola in the category and is now the company's fiercest rival in India. "Ola used to be our biggest rival. Rapido is, in my opinion, the more formidable rival in India right now. They aggressively entered the two-wheeler
In a regulatory filing, Bank of India, following State Bank of India, designated Reliance Communications' loan account as fraudulent and named its former director, Anil Ambani, on the basis of alleged fund diversion in 2016. Ambani retaliated against the Bank of India, claiming that its actions were biased and