Genpact has informed a media house that the company observes a 9-hour workday, not a 10-hour one as previously suggested, in response to internet criticism of claims of a 10-hour workweek. However, Genpact refused to provide more information about the policy and did not reply to any further media queries.
With the acquisition of Mumbai-based Meemee's Ice Creams, Walko Food Company—owner of well-known ice cream brands like NIC Ice Creams, Grameen Kulfi, and Mimo Ice Creams—marked a calculated entry into India's artisanal dessert market. The business did not, however, provide the deal's
According to a media report, US satellite companies Starlink and Amazon Kuiper have inked their first commercial agreements with VSAT providers in India. This step marks a significant step towards the establishment of government and business satellite broadband services before satellite spectrum is formally allotted. Through these collaborations, the low-Earth
Eggoz has raised $20 million in a Series C round led by Gaja Capital, with support from IvyCap, Rebright, and others. Founded in 2017, Eggoz offers hygienic, traceable eggs and high-protein snacks. The funds will fuel expansion, tech upgrades, and growth in India’s egg market.
* First-time entrepreneurs at the forefront: 78% of borrowers; 61% are first time borrowers. * Women-led ventures surge to 74%, Single owners who are female are 9% * INR 642 Cr disbursed to 3,369 green-sector MSMEs; 42% of borrowers invested in ESG initiatives * Aligned with 11 UN Sustainable Development Goals, embedding ESG
Zomato co-founder Deepinder Goyal is aiming for the aviation sector in a daring move that might revolutionise regional air travel in India. Surobhi Das, co-founder of LAT Aerospace, disclosed in a LinkedIn post that the two have been discreetly developing a game-changing aviation firm that seeks to provide high-frequency, reasonably
Curefoods India, a cloud kitchen startup based in Bengaluru and supported by Accel India, Iron Pillar, Alteria Capital Fund, and Binny Bansal, has submitted draft documents to SEBI in order to raise money through an IPO. The IPO will include an offer-for-sale of 4.85 crore equity shares by current
According to an exchange filing, Gujarat-based pharmaceutical mammoth Torrent Pharma declared on June 29, 2025, that it has finalised deals with international investment titan KKR to purchase a majority share in JB Chemicals. According to the possible purchase details, the company intends to buy J. B. Chemicals and Pharmaceuticals (JB
Infra.Market has secured $150 million in financing from MARS Growth Capital, backed by Liquidity and MUFG. The deal includes a $100 million extension for five years and an extra $50 million. This marks Infra.Market’s second major fundraise in 2025.
Here’s a quick look at the latest startup fundings and key news highlights from across India on 27 June 2025. Daily Indian Startup Funding Digest - 27 June 2025 Company Investment Investors Use of Funds ZILO $4.5 million Info Edge Ventures (lead), Chiratae Ventures Enhance supply‑chain, scale
Education company PhysicsWallah (PW) has partnered with CSC Academy (CSCA), a not-for-profit organisation under the Common Services Centres (CSC) of the Ministry of Electronics and Information Technology (MeitY). Through this partnership, the two entities will try to establish a Digital University that will offer accredited online degree programs and certifications,
Wakefit Innovations Ltd, a home and furnishings company, has submitted preliminary documents to the Securities and Exchange Board (Sebi) requesting permission to acquire capital through an initial public offering (IPO). According to the draft red herring prospectus (DRHP) submitted on June 26, the planned IPO of the Bengaluru-based company consists
In order to detect and prevent transaction fraud, the central government is collaborating with Third-Party Application Providers (TPAPs) such as Google Pay, PhonePe, and Paytm to create improved security measures. The initiative's goal is to stop fraudulent transactions using TPAPs. TPAP systems may cause minor delays and send
According to various media reports, chipmaker Intel is closing its automotive branch and terminating the majority of its workforce. In the communication, the corporation stated that it intends to shut down its automotive Intel architecture division. It further stated that although it will complete current obligations to clients, "the
Indian Premier League winner Virat Kohli of Royal Challengers Bengaluru has partnered with sports goods manufacturer Agilitas after his contract with Puma was over. A media house cited sources indicating that Kohli is thought to have contributed INR 40 crore to the initial instalment. Notably, Abhishek Ganguly, the former head
On MSME Day, Vi Business’s 2025 study reveals that 76% MSMEs aim to invest in cybersecurity and 72% in cloud. India’s digital maturity score rose to 58, led by Telangana. However, only 12% are fully digital, pointing to gaps in adoption and financial capacity.
The most recent AI use case WhatsApp is providing for its users is generating a list of all the communications you haven't read. The feature is dubbed AI-powered message summaries, as you might expect. It will use the new private computing system that the company has set up
In an exchange filing on June 27, JSW Paints Limited stated that it has finalised agreements to buy up to 74.76% of Akzo Nobel India Limited (ANIL) from Akzo Nobel N.V. and its affiliates. The deal was cracket for a maximum consideration under the Share Purchase Agreement of
Mumbai, June 27, 2025: Jio BlackRock Broking Private Limited (JioBlackRock Broking), a wholly owned subsidiary of Jio BlackRock Investment Advisers Private Limited (JioBlackRock Investment Advisers), has received regulatory approval from the Securities and Exchange Board of India (SEBI) to commence operations as a brokerage firm in India. JioBlackRock Broking aims
On 26 June 2025, Indian startups raised big funds. Raphe mPhibr got $100 million, Wiom $40 million, and ShopOS $20 million. At the same time, Pine Labs filed for an IPO and Net1 exited MobiKwik with a loss. The day saw strong investor interest and key shifts in the startup space.
Bessemer Venture Partners’ latest report outlines how content, quick commerce, and aspirational consumption will shape India’s $1 trillion digital future. The rise of D2C brands, q-commerce, microtransactions, and lifestyle spending shows a shift in consumer habits.
Manika Plastech Limited, a top rigid polymer packaging firm, has filed its DRHP with SEBI for an IPO. The offer includes a fresh issue of ₹115 crore and an OFS of 1.5 crore shares. The funds will go towards capex, debt repayment, and expansion.
Brihaspathi Technologies
Mumbai, June 26, 2025: Hyderabad-based AI surveillance and security solutions provider, Brihaspathi Technologies Limited, has successfully raised USD 10 million in funding from foreign institutional investors (FIIs) and others. This capital infusion will fuel the company’s expansion efforts, including the establishment of a new 72,000 sq. ft. CCTV
According to people familiar with the situation, the fintech unicorn Pine Labs filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on June 26. According to a media report, the company intends to raise up to INR 2,600 crore ($304 million) through