The board of the massive D2C e-commerce company Meesho has authorised the company's transformation into a public company in preparation for an IPO. In an extraordinary general meeting on June 5, the board of Meesho passed a special resolution to change the company's name from "
The well-liked Indian Premier League (IPL) team Royal Challengers Bengaluru (RCB) might soon have a new owner. According to a media report, Diageo Plc, the British corporation that controls RCB through United Spirits Ltd., its Indian subsidiary, is looking into selling all or a portion of its franchise. A person
On June 9, Qualcomm Incorporated declared that it had reached a deal with Alphawave IP Group plc about the terms and conditions of a suggested acquisition of all of Alphawave Semi's issued and to be issued ordinary share capital by Aqua Acquisition Sub LLC, an indirect wholly-owned subsidiary
The question of whether artificial intelligence will eventually replace human programmers has been discussed a lot lately. However, Google CEO Sundar Pichai claims that AI isn't going to replace developers anytime soon; on the contrary, it's doing the exact opposite. Pichai recently stated in an interview
Hours after revealing its new software at the Worldwide Developers Conference (WWDC) 2025 in California, Apple has made the iOS 26 developer beta update available. 'Liquid Glass' is a new UI design language that Apple has included in its developer beta to allow app developers to improve their
Today’s funding rounds reflect a balance between growth-stage bets in core sectors like defence, mobility, and fintech, and early-stage innovation in lifestyle tech. While valuations face pressure, strategic capital continues to flow into startups building strong technological foundations. 📊 Funding Roundup – 09 June 2025 StartupFundingLead Investor(s)Use of Funds
With an anticipated monthly price of INR 3,000 for limitless bandwidth and a one-time fee of INR 33,000 for the receiver kit, Elon Musk's satellite internet business Starlink is getting closer to offering its services in India. According to a media site, the service is anticipated
* Fresh funding of $8 million is being raised in Phase 2 of the Series A round led by Ecosystem Integrity Fund (EIF), with participation from Aavishkaar Capital * This funding builds upon the earlier Series A capital of $10 million, raised in November 2024, which was led by Ecosystem Integrity Fund
In the Balewadi-Baner neighbourhood of Pune, the dark store "Energy Darkstore Services", one of the stores of Blinkit, has been the target of significant action from the Maharashtra Food and Drug Administration. The FDA has ordered this establishment to close immediately due to numerous major irregularities and operating
According to numerous media reports, fashion retailer Shein and partner Reliance Retail intend to quickly grow their Indian supplier base and begin selling Shein-branded clothing abroad in the next six to twelve months. As per stories published in the media, the Singapore-based e-commerce company, which was started in China, has
* Aakash Anand, Founder of Bella Vita Organic, along with Wolfpack Labs, participated in the pre-seed funding round led by Rukam Sitara * Funds to boost platform's AI capabilities, launching the website and mobile applications, and delivering a seamless digital experience Roomstory.ai, India’s first AI-powered shopping assistant for
In an attempt to cut expenses while one of its companies declares bankruptcy, Sunnova Energy has let go of 718 workers, or around 55% of its workforce. In a filing on 5 June's afternoon, Sunnova informed federal regulators that its wholly owned subsidiary, Sunnova TEP Developer LLC, had
Four significant public sector banks have changed their lending rates in response to the Reserve Bank of India's (RBI) recent move to lower the repo rate by 50 basis points, which reflects the central bank's monetary easing stance. In the face of persistent difficulties, the action
With the CEO of HDFC Bank now also named as an accused for allegedly targeting and harassing founder trustee Kishor Mehta, the ongoing conflict between the current trustees and former trustees of the Lilavati Kirtilal Mehta Medical Trust (LKMMT), which operates the renowned Lilavati Hospital in Bandra West, Mumbai, has
New Delhi [India], June 9: As the founder of Derivate X, India’s first agency dedicated to LLM SEO (Large Language Model Search Engine Optimization), Apoorv is pioneering a shift in how companies think about search, discoverability, and digital memory. “Search is no longer about ranking links. It’s about
One Point One Solutions Ltd. (1Point1), a publicly listed leader in Business Process Management (BPM) and digital transformation services, has announced the acquisition of a majority stake in TECHSCIENT.AI PRIVATE LIMITED, a next-generation AI-powered no-code automation firm specialising in autonomous software engineering. The strategic acquisition strengthens 1Point1’s AI-led
According to a number of media stories, JP Morgan has warned new hires that they may lose their jobs if they accept positions at other organisations in the future. The CEO of the bank claimed that it was "unethical" to accept a position at JP Morgan with the
From fintech to wellness and social-commerce infrastructure, today’s funding activity reflects the diversity and momentum in the market. Here’s a quick look at the top funding updates for 6th June 2025. Startup Sector Funding Round Lead Investors Decentro API banking / Fintech ₹30 crore (~US$3.6M) Series B
Uncertainty surrounds the fate of a Japanese private lunar lander that lost communication on 6 June while descending to the moon. The lander, dubbed Resilience, successfully left lunar orbit, according to Tokyo-based iSpace, but communication was lost during the hour-long descent phase. At crucial points, the company's broadcast
In the Indian legal education space that often favours the privileged few, LawBhoomi is reshaping access by reaching over 5 lakh Indian law students with trusted opportunities, practical learning tools, and affordable resources, no matter where they study. As one of the top 10 most visited legal websites in India,
In an effort to combat growing operating expenses and waning consumer demand, Procter & Gamble has revealed intentions to lay off around 7,000 employees, or roughly 6% of its global workforce, over the course of the next two years. The company's non-manufacturing employees, who make up over
Decentro raised INR 30 crore in a Series B led by InfoEdge Ventures to boost its fintech infrastructure across KYC, payments, and debt collections. Powering ₹50,000 crore annually, it plans to move its parent company from Singapore back to India in 12-18 months, marking a strategic homecoming.
For INR 123 Cr, or roughly $14.3 million, Zaggle plans to purchase Pune-based enterprise spend management startup Dice Enterprises Limited. According to Zaggle, the acquisition will expand its product line, provide access to Dice's clientele, and aid in its expansion in India and internationally. In an exchange
For its delivery partners in Delhi-NCR, Zomato is testing a fleet of electric vehicle (EV) bikes for rent. The foodtech giant is renting out two-wheeler EVs to its delivery partners as part of the green initiative. The business stated in a statement that, depending on partner uptake, it will extend