The IT sector is still feeling the effects of Amazon's largest layoffs in its history. The people who seem to be suffering the most are engineers. Nearly 40% of the 4,700 verified job layoffs in places including New York, California, New Jersey, and Washington involve engineering positions,
In a significant legal decision, a US bankruptcy court in Delaware has entered a default judgement against Byju Raveendran, founder of the ed-tech firm Byju’s, ordering him to pay more than $1.07 billion. The ruling comes after the court found that Mr Raveendran repeatedly failed to comply with
Agnikul Cosmos, India’s pioneering space-tech company building the world’s first single-piece 3D-printed rocket engines and end to end space transportation solutions, today announced that it has raised ~₹150 crore (US$17 million) in a fresh funding round at a $500 million valuation. The round saw participation from family
The 21st November 2025 edition brings a strong mix of funding announcements and key business developments from India’s evolving startup landscape. Health-tech, AI, semiconductor, and insurtech sectors led the day’s investment momentum, with Ultrahuman raising INR 100 crore in venture debt, Redrob securing $10 million in Series A,
Billionbrains Garage Ventures, the parent of online investment platform Groww, has reported a net profit of INR 471.33 crore for the quarter ended September 2025, up about 12 % from INR 420.16 crore in the same period a year ago. However, its revenue from operations fell by around 9.
Zoho’s Sridhar Vembu sparked a debate after advising young entrepreneurs to marry and have children in their 20s. Namita Thapar reacted strongly, urging business leaders to focus on real issues like women’s health, workforce participation, and the challenges women face in the startup ecosystem.
India’s financial crime agency, the Enforcement Directorate (ED), has attached immovable assets worth INR 1,452 crore in connection with a money-laundering and loan-fraud investigation involving industrialist Anil Ambani and his associated group companies. With this latest action, the total value of properties provisionally attached in the case has
Bengaluru-based semiconductor startup Sophrosyne Technologies has raised $2M in seed round, fully subscribed by Bluehill.VC. The funding will accelerate Sophrosyne’s transition from prototype silicon to full-scale development and global OEM engagement. It will also fuel expansion across silicon design, firmware development, and early customer deployments in India and
Stay updated with the latest developments in India’s startup and business ecosystem. The 20th November 2025 roundup captures major funding announcements across agri-tech, fintech, logistics, AI, and emerging tech, alongside key business updates from leading platforms like Zomato and Zepto. Highlights include Agraga raising INR 100 Cr to strengthen
Zepto, a rapid commerce (qcom) platform, has begun trial testing two additional products in an effort to diversify its offerings and break into new markets. It is now trialling Super Mall, a new vertical for high-value and luxury products, and Zepto Diagnostics, an in-app diagnostics solution within its pharma sector.
The industry is greatly relieved that the Indian government has revoked a number of Quality Control Orders (QCOs) pertaining to essential inputs used in the production of medical devices. Manufacturers who had trouble obtaining necessary materials like polypropylene and polycarbonate stand to gain the most from this action. Long-standing industry
Zomato has consented to share customers' phone numbers with restaurants after obtaining users' approval, which is a victory for the restaurant business, according to the National Restaurant Association of India (NRAI). Zomato and Swiggy, two meal delivery services, have been at odds with the restaurant industry over their
Deutsche Bank is exiting its retail business in India despite profitability. It's selling its Retail business, Portfolio and Wealth management...
* The round also saw participation from 3one4 Capital, Mount Judi Ventures, Venture Catalysts and We Founder Circle * Thimblerr is a full-stack supply chain platform that offers fashion products and tech-enabled manufacturing services, seamlessly taking ideas from concept to delivery. * The funding will be deployed towards customer acquisition, diversifying into new
With this latest funding round, CtrlB will scale its unified diskless data lake platform and deepen its presence across India and the United States.
Luma AI, the frontier artificial intelligence company building multimodal AGI, today announced it has raised $900 million in Series C funding, led by HUMAIN, a PIF company delivering global full-stack AI solutions, with significant participation from AMD Ventures, and existing investors Andreessen Horowitz, Amplify Partners, and Matrix Partners. This Series
Stay updated with the latest developments across India’s startup and business ecosystem. The 19th November 2025 roundup captures major funding announcements in rural mobility, logistics, construction-tech, and voice AI, along with key corporate updates from global giants like Apple and milestone market performances such as the PhysicsWallah IPO. Here’
BlackBuck’s co-founder and CEO, Rajesh Kumar Naidu Yabaji, has sold a portion of his stake in the company in a bulk deal on Tuesday, signalling a significant promoter-level share movement at the logistics technology firm. Yabaji sold 20 lakh shares at ₹676.40 per share, amounting to approximately ₹135
According to various media reports, Volkswagen AG is looking for a local partner to help increase its meagre market share while cutting the expenses of producing electric vehicles in India by a third. As reported by multiple media outlets, the local branch of the largest carmaker in Europe has reduced
Antigravity + Gemini 3 on the same day, and many wonder if the new AI tool will replace junior software developers...
According to a top official on November 18, the Unique Identification Authority of India is considering producing an Aadhaar card that includes the holder's photo and a QR code in order to deter offline verification methods that violate the current law and stop the misuse of people'
Apple has expanded its AppleCare+ insurance policies in India and added a new option that covers iPhone loss and theft. Indian customers are now getting such extensive protection directly from Apple for the first time. The company's provision of monthly and annual payment options has made the plans
While the deal may sound great, Microsoft's stock dropped 2.6% on Tuesday, sparking concerns over the multi-billion-dollar deal because...
Over the coming years, Adani Defence and Aerospace intends to invest INR 10,000 crore in a variety of defence and aerospace business sectors. According to Ashok Wadhawan, head of Land Systems, the group has so far invested INR 5,000 crore in a number of other projects. The company