From Ammunic Systems raising $1.1 million to advance India’s defence-tech capabilities to Yali Capital closing its INR 893 crore maiden fund to fuel deeptech innovation, the day saw notable movements across venture capital and strategic sectors. On the business front, Swiggy reshuffled its board post-IPO, the government cracked
Ohm Mobility, a firm that provides EV financing and leasing, is now closing its doors, joining a growing list of startup closures. Despite many turning points along the way, the five-year-old startup was unable to scale, according to cofounder and CEO Nikhil Nair. Why Ohm Mobility Shut Down: Inside the
The Competition Commission of India's (CCI) antitrust verdict against Google over its Play Store policy was partially supported by the National Company Law Appellate Tribunal's (NCLAT) March ruling, which Google has challenged in the Supreme Court. "We have appealed the NCLAT's recent ruling
The operator-led, celebrity-anchored skincare brand is rewriting the rules of the game. * Kriti Sanon & PEP Brands’ HYPHEN marks its second anniversary on a celebratory note, as it achieves an ARR of INR 400 crore gross in just 2 years. * The brand has successfully turned its first-time buyers into a
GitHub Spark is Microsoft's most recent venture into AI-powered software development. This new platform has the potential to completely change the way people develop apps. Spark is a comprehensive tool that enables anyone to create intelligent, full-stack apps using natural language, visual aids, or conventional code. What Is
Alphabet Inc. CEO Sundar Pichai has officially become a billionaire, which is an uncommon rise for a non-founder in the computer industry. Pichai's current net worth of $1.1 billion, as determined by the Bloomberg Billionaires Index, was solely derived from his work as a professional CEO rather
From Netrasemi’s ₹107 crore raise to strengthen India’s edge-AI chip ambitions to PhysicsWallah becoming the first edtech unicorn to receive SEBI’s nod for a confidential IPO filing, the day was packed with headline-worthy developments across tech, logistics, and mental health sectors. On the funding front, SuperK, Eveez,
Due to fierce competition in the market, BigBasket, a fast commerce platform supported by Tata Digital, witnessed a decline in yearly income in the fiscal year that ended in March 2025. BigBasket's B2C division, Innovative Retail Concepts, had a 3% decline in turnover from INR 7,885 Cr
A trade deal worth an estimated £6 billion was signed by Keir Starmer and his Indian counterpart, Narendra Modi. The UK prime minister hailed the momentous accord as a "historic day" for Britain and India. Following more than three years of negotiations, the trade agreement will significantly lower
To increase its presence in children's psychological needs, AI-focused mental health startup LISSUN acquired US-based digital mental health provider Being Cares Inc. The business did not, however, provide the deal's financial details. According to LISSUN, the acquisition will enable it to broaden its offerings to address
According to documents filed with the Ministry of Corporate Affairs (MCA), supply chain solutions provider Leap India is prepared to become a publicly traded business. The company has given its consent to be converted from a "private company limited by shares" to a "public company limited by
According to a research group, the number of businesses and organisations impacted by a security flaw in Microsoft Corp.'s SharePoint servers is growing quickly, with the number of victims more than six times increasing in a matter of days. Dutch Firm Reveals Surge in SharePoint Exploits According to
According to a formal announcement, Tilaknagar Industries, the company behind Mansion House, the best-selling brandy brand in India and the second-best-selling brand worldwide, has finalised the agreement to purchase the Imperial Blue whisky business division from the Indian branch of the French liquor giant Pernod Ricard for INR 4,150
Mumbai, 24th July 2025 - Bharatsure, one of India’s leading Insurtech companies offering Infrastructure as a Service (IaaS) solutions has raised INR 6 Crores from Inflection Point Ventures (IPV) and other investors including Capital A and Atrium Angels. Bharatsure is pioneering transformation in India's insurtech landscape, unlocking
Mumbai/Chennai/Thiruvanthapuram, 24th July 2025, Kerala-based Semiconductor startup Netrasemi has raised Rs 107 crore in Series A round from Zoho Corporations Ltd & Unicorn India Ventures. Funds raised will be used for accelerating research and development initiatives, expand manufacturing capabilities, enhance marketing efforts to capture larger domestic and global
From Kluisz.ai securing $9.6 million in a standout AI seed round to the Enforcement Directorate filing a FEMA case against Myntra over alleged FDI violations worth INR 1,654 crore, the day saw notable developments across tech, retail, and fintech. On the funding side, Gupshup, iTuring.ai, and
Since the new policy's draft would be subject to public input, which is anticipated to take time, the Delhi government has reportedly prolonged the present electric vehicle regulation until March 31, 2026, or until a revised version is announced. According to a PTI report, the decision was made
The brand unveils a rooted yet modern space designed to foster community, connection, and slow mornings—staying true to its experience-first approach Drawing on 180 years of family-run coffee estate heritage, Coffee Mechanics—Bengaluru’s cherished homegrown brand—proudly unveils its flagship, experience-led outlet in Bellandur. More than just a
For suspected violations of the Foreign Direct Investment (FDI) regulations of INR 1,654.35 crore, the Enforcement Directorate (ED) has filed a complaint against Myntra, an Indian fashion e-commerce company, as well as its affiliated businesses and directors. According to the probe agency's statement, the case was
The largest IT services provider in India, Tata Consultancy Services (TCS), has stated that it is still dedicated to onboarding all experts who have been offered positions, despite several reports that experienced hires in various cities have been facing extended delays in their joining dates. TCS can confirm that, as
Veranda Learning Solutions Limited (BSE: 543514 | NSE: VERANDA), a listed education company offering end-to-end learning solutions across the education value chain, has successfully completed its first-ever Qualified Institutional Placement (QIP), raising INR 357.42 crores through the issuance of 1,58,71,173 equity shares of face value INR 10
In order to facilitate easy cross-border money transfers and international payments, global payments company PayPal unveiled on July 23 ‘PayPal World’, an interoperability platform that links India's Unified Payments Interface (UPI) with some of the biggest digital wallets worldwide. How UPI Integration Benefits Indian Users? The initiative'
Deep-tech startup backed by RTP Global, Unicorn India Ventures, and Blume Founders Fund to build GenAI-powered cloud stack; hiring to scale across engineering and go-to-market functions. Kluisz.ai, a deep tech, GenAI-powered cloud startup, today announced a $9.6 million seed round led by RTP Global, a global early-stage VC.
According to President Donald Trump, Japan, one of the US's biggest trading partners, has agreed to a "massive" trade agreement with the US. According to Trump's social media post, the idea would result in Japan investing $550 billion (£407 billion) in America and US