Did Mackenzie Scott Sell $58 Million Amazon Shares?

Reports suggest that MacKenzie Scott now owns 42% fewer shares. What’s her stake in Amazon now?

Daily Indian Funding Roundup & Key News – 15th October 2025: RARA Barefoot Raises $500K, Everbright Health Secures $7 Mn, Amazon Layoffs & More

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 Reports 15% Revenue Growth in H1 FY26, Declares ₹4 Interim Dividend

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

OpenAI to Allow Erotic Content on ChatGPT for Verified Adults...

After a teen tragedy and FTC probe, OpenAI is now redefining ChatGPT’s Rules. But how will it keep you safe from...

Fragaria Fruits Secures $2 Million in Seed Funding Led by WEH Ventures to Transform India’s Premium Fruit Market

Fragaria Fruits, a high-tech farming company, has raised $2 million in seed funding and project finance to expand its vision of revolutionising the fruit-eating experience in India. The round was led by WEH Ventures, with participation from Rainmatter, Spiral Ventures, and angel investors such as Sashi Kumar, CEO of Akshayakalpa

Matters.AI Raises ₹55 Crore Seed Funding Co-Led by Kalaari Capital and Endiya Partners to Launch Bharat’s First AI Security Engineer

Matters.AI, an AI-native data security company built in Bharat, today announced an INR 55 Crore fundraise to pioneer a new class of system: the AI Security Engineer. Unlike traditional security platforms that merely monitor or alert, the AI Security Engineer is a self-learning system that understands how sensitive data

Rapido Expands App Services to Include Flight, Hotel, Bus and Train Bookings via Partner Integrations

For booking flights, buses, trains, and hotels, Rapido has partnered with Goibibo, owned by MakeMyTrip; ConfirmTkt, owned by ixigo; and redBus. Rapido aims to become a one-stop travel app, offering its 5 Cr active users from more than 400 cities nationwide a smooth mobility experience. Prior to a possible initial

Ola Electric Shares Surge Amid Reports of Expansion Plans in Energy Segment

On October 15, Ola Electric shares are anticipated to be the subject of attention due to signs that the firm plans to enter the energy sector in addition to its primary electric vehicle business. Ola Electric, the largest pure-play EV firm in India, said in an official statement that it

Diwali Muhurat Trading 2025: Date, Timings, Rules, and All You Need to Know

Meet the market of luck on October 21. Can one hour bring prosperity? Here's what to expect...

L&T Semiconductor Partners with Foxconn to Develop High-Voltage Semiconductor Wafers

According to reports, L&T Semiconductor Technologies and Hon Young Semiconductor, a subsidiary of contract maker Foxconn, inked a long-term agreement on 14 October to collaborate on the development of high-voltage semiconductor wafers. According to the Economic Times, the two businesses would create wafers for industrial and automotive applications

Alakh Pandey's PhysicsWallah and IDP Sign MoU to Support Students’ Global Education Aspirations with IELTS

PhysicsWallah (PW), the education platform founded by Alakh Pandey and Prateek Maheshwari, has signed a Memorandum of Understanding (MoU) with IDP Education India (“IDP”), co-owner of IELTS and India’s sole provider of the test, to bring global opportunities closer to students. Under this collaboration, PW students will gain access

Consuma Secures $1.3 Million Funding Led by Equirus InnovateX Fund to Transform Consumer Research with AI

Consuma, an AI startup redefining traditional research methods such as surveys and focus groups, has raised $1.3 million (INR 11.16 Crore) in seed funding, led by Equirus InnovateX Fund. The round also saw participation from prominent angel investors, including Abhishek Goyal (Tracxn), Mekin Maheshwari (Flipkart), Bhavik Dholakia (Swatantra

Amazon to Slash Up to 15% of HR Staff in Major Layoff Plan

Amazon is preparing for a significant wave of layoffs once more. According to reports, the firm is planning to lay off up to 15% of the employees in its human resources department, which is internally referred to as the People eXperience and Technology (PXT) team. The HR department will be

Oracle’s Larry Ellison Emerges as the Biggest Winner of the 2025 AI Boom

In 2025, Larry Ellison, co-founder and chairman of Oracle Corporation, has emerged as the biggest winner from the ongoing AI revolution. As companies worldwide expand their artificial intelligence capabilities, Oracle has become a key provider of the cloud and computing infrastructure powering these AI systems. Thanks to a series of

Nvidia CEO Jensen Huang Personally Delivers World’s Smallest Supercomputer to Elon Musk

At SpaceX's Starbase facility in Texas, Nvidia founder and CEO Jensen Huang personally delivered the company's recently released DGX Spark AI supercomputer to Elon Musk. The meeting occurred as SpaceX got ready for the eleventh test of its Starship rocket, according to a blog post the

Microsoft Launches MAI-Image-1, Its First In-House AI Image Generator

Microsoft debuts MAI-Image-1, a photorealistic AI image model built entirely in-house. Ranking among LMArena’s top 10, it showcases Microsoft’s move toward AI independence and faster, more realistic image generation.

Daily Indian Funding Roundup & Key News – 14th October 2025: HouseEazy Raises INR 150 Cr, SpeakX Secures $16 Mn, Muttley Crew Expands Across India & More

India’s startup and corporate ecosystem continues to witness dynamic growth with significant funding rounds and key business developments on 14th October 2025. From real estate and edtech to agritech and pet food, startups are raising capital to scale operations, enhance technology, and expand market reach. In parallel, major corporate

Thyrocare Reports Strong Q2FY26 Results – Revenue Up 22%, PAT Up 82%; Board Declares 2:1 Bonus and ₹7 Interim Dividend

Thyrocare Technologies reported a solid Q2FY26 with 22% YoY revenue growth and 82% jump in PAT. The Board declared a 2:1 bonus issue and ₹7 interim dividend, celebrating 25 years of the company. The diagnostic major processed 53.3 million tests this quarter, up 21% YoY.

Infosys Secures INR 14,000 Crore Contract from UK’s NHS for Workforce Management System

In a regulatory statement on October 14, IT giant Infosys declared that it has won a £1.2 billion (about INR 14,137 crore) contract from the NHS Business Services Authority (NHSBSA) to provide a new workforce management system. The current Electronic Staff Record (ESR) system will be replaced with

Health-Focused Pet Food Brand Muttley Crew Secures $425,000 in Seed Round to Grow Footprint Across India

Muttley Crew, a Bangalore-based premium, health-focused pet food brand, announced the successful raise of its seed funding round, raising $425,000. The round saw participation from a group of private investors, reflecting strong confidence in Muttley Crew’s vision, product innovation, and growth potential in India’s rapidly expanding pet

Infosys Begins Annual Performance Review Cycle for Employees

The yearly performance review cycle of Infosys has begun, reigniting employee expectations for long-awaited pay raises in 2026. In an email, the HR department of the Bengaluru-based IT services behemoth requested that employees submit their self-evaluations by October 17. Employees feel that this appraisal season is more important than the

NASA’s Jet Propulsion Lab to Layoff 550 Jobs in Major Restructuring

NASA's Jet Propulsion Laboratory (JPL) announced on 12 October that it will reorganise its personnel by laying off around 550 workers, or 10% of its total workforce, in an effort to maintain the facility's long-term competitiveness. JPL director Dave Gallagher emphasised in a statement that the

Fery Rides Secures ₹2.075 Crore Seed Funding Led by IAN Angel Fund

Fery Rides, India’s first women-led mobility platform designed for women, has raised INR 2.075 crore in a seed funding round led by IAN Angel Fund, part of IAN Group. The round saw participation from Hari Balasubramanian, Uday Chatterjee, and Sri Prakash. The investment will support the company in

HCLTech to Increase Employee Salaries from October Following Robust Growth

HCLTech announced that it will begin giving its workers raises in October, following the lead of its bigger competitor Tata Consultancy Services (TCS), which did so last month with the support of robust revenue growth, improved deal visibility, and sizable artificial intelligence (AI) income. The percentage increase that HCLTech would