The Pre-Series A Funding Marks Transition from Breakthrough Research to Prototyping, Validates LENR as a Scalable Clean Energy Alternative HYLENR, a clean energy startup harnessing patented Low Energy Nuclear Reactions (LENR) to develop scalable, carbon-free heat energy systems for industrial heat and power, today announced the successful closure of around
As part of a significant reorganisation, ClearTax has laid off 25% of its workforce, with new hires being among the most affected. Two months after being employed in June, the software developers were let go on August 1st, according to multiple “OpenToWork” and “LaidOff” profiles on LinkedIn. IIT Graduates Laid
Genie 3, a revolutionary development in AI-powered world models, was recently unveiled by Google DeepMind. With just one text prompt, this latest version can instantly produce dynamic, highly complex 3D environments. It will remember where you left off this time. A major advancement in simulations, agent training, and generative media,
As part of a significant restructuring of its audio division, Amazon is closing its Wondery podcast studio and laying off some 110 employees, according to Bloomberg News. In light of industry-wide difficulties, the move represents the tech giant's strategic shift away from its initial podcasting goals. As current
Palantir's stock soars 500%, meet the man who helped build the AI backbone, Shyam Sankar. Know his full story.
Taiwan Semiconductor Manufacturing Co. reported on 5 August that it has found possible trade secret leaks as a result of "unauthorised activities". The largest semiconductor maker in the world informed CNBC that it has initiated legal action and taken "strict" disciplinary action against the concerned staff.
India's startup and business ecosystem showed steady momentum on August 5th. Aerospace startup EON Space Labs secured $1.2 million in Pre-Series A funding to advance indigenous optical payload technology. Meanwhile, the corporate world saw significant movements, from Bluestone dialling down its IPO size to Capgemini announcing plans
Even after strong financial growth, Microsoft laid off employees at record-high numbers (15000+ employees). Know the full story.
Bangalore, August 5, 2025 — Tryo, a next-generation fashion shopping marketplace, has raised INR 3 crores in pre-seed funding round led by Zeropearl VC. The funding will be used to launch operations in Bangalore, accelerate product and technology development, and strengthen partnerships with leading Indian fashion brands to reimagine how consumers
Cropin
India | August 05, 2025 – Cropin, the world’s largest deployed AI platform for food and agriculture, has secured a strategic €700,000 contract under EIT Food’s Impact Funding Framework. Cropin will deploy its AI-powered initiative, FIRST Potato - Field Intelligence for Regenerative Agriculture and Sustainability in Potato Farming, to
Best of Exports
New Delhi [India], August 5: Walk into any great restaurant, and you’ll notice everything feels intentional—lights, colors, music. But one thing often gets overlooked: the chair. We’ve heard it before. "We invested in décor and menu, but the chairs didn’t last." Or, "Guests
For many infractions of insurance regulations, insurtech giant Policybazaar was fined INR 5 Cr by the Insurance Regulatory and Development Authority of India (IRDAI). The infractions pertaining to unclear outsourcing contracts with insurers were also listed in the IRDAI order. Lack of Transparency in Outsourcing Deals Raises Red Flags Large
American Pharma giant Eli Lilly's new technology and innovation center in Gachibowli opened with 100 working employees. Know the full story.
* EON Space Labs raised USD 1.2 million in Pre-Series A (approx INR 10.5 Crore) funding from MGF Kavachh and HHV Group, which also joins as a strategic partner. * Funds will support the launch of MIRA, India’s lightest space telescope, and 4 new LUMIRA EO/IR systems for
The National Payments Corporation of India (NPCI) and digital payment companies Google Pay, PhonePe, and Amazon Pay have requested an exemption from the provisions of the Digital Personal Data Protection (DPDP) Act that demand user consent for every transaction, claiming that doing so would be excessively burdensome, according to ET.
This year, Capgemini India expects to hire between 40,000 and 45,000 people, despite mounting concerns about hiring in the information technology (IT) sector. Between 35 and 40% of these will be lateral hiring, CEO Ashwin Yardi told the Hindu Business Line. The number of projects being routed to
NODWIN Gaming, a leading name in youth entertainment, gaming, and esports, continues its exclusive partnership with District by Zomato as the official ticketing partner for its key IPs Comic Con India, NH7 Weekender and DreamHack India for the second year in a row. Comic Con, NH7 Weekender and DreamHack have
In order to acquire money through an initial public offering (IPO), Tata Capital, the main financial services provider for the Tata Group, has submitted draft documents to SEBI, the capital markets regulator. The IPO's entire offer size is 47.58 crore shares, of which 21 crore will be
Veteran CXO brings 30+ years of global leadership to guide Truworth’s strategic growth and wellness innovation. Truworth Wellness, a leading provider of holistic corporate wellness solutions, today announced the appointment of Khurshed Dordi to its Board of Directors. With over three decades of leadership experience across global banking, financial
The investment will fuel product innovation, retail expansion, and brand-building as Fraganote aims to redefine fragrance culture in India. Fraganote Fragrances Private Limited, a modern Indian fragrance/perfumery brand, closes $1 million in a Pre-Series A funding round led by Rukam Capital. The investment marks a significant milestone in Fraganote’
The investment will be used for the development of a polished vertical slice, setting the stage for a globally competitive single-player IP from India. Shortgun, India’s emerging Game Development Studio co-founded by the developers of Rogue Heist, announces the closure of its $1 million Seed round supported by Angel
With a renewed emphasis on making it easier for big businesses to conduct business, the Securities and Exchange Board of India (SEBI) on 7 August recommended significant modifications to its related party transaction (RPT) system. A substantial revision of materiality requirements is suggested in the capital markets regulator's
Prozo, the tech-enabled full-stack supply chain platform powering India’s fastest-growing brands, has announced an investment from actor and entrepreneur Ranbir Kapoor. Known for his sharp business instincts and long-term involvement in ventures like ARKS and Mumbai City FC, Kapoor’s entry highlights the importance of scalable backend infrastructure in
Gemini Powered AI Big Sleep detects 20 bugs with minimal human help, sparking questions about replacing humans. Here’s the full story.