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
To reward consumers for their everyday spending, SBI Card and PhonePe have launched a co-branded credit card. There are two varieties of the PhonePe SBI Card: SELECT BLACK and PURPLE. SELECT BLACK vs PURPLE: What's the Difference? When making purchases using the PhonePe app, customers who use the
From Milky Mist filing for an INR 2,035 crore IPO to Paytm turning profitable this quarter, the day was filled with major updates across sectors. On the funding front, Escape Plan secured fresh capital to scale its offline and quick-commerce model. Here's your quick roundup of the
With 2.5 billion prompts every day—330 million of which come from the US alone—ChatGPT is transforming education. Students are quickly switching from traditional search engines to AI-driven explanations for homework, essays, and comprehending hard subjects. With features like an AI-powered web browser, OpenAI is improving ChatGPT to
Two sources familiar with the plans have informed Reuters that Costco Wholesale Corp., a US retailer, will establish its inaugural technology centre in Hyderabad, India. According to insiders, the Global Capability Centre (GCC) will hire 1,000 individuals at first and grow as it manages technology and research operations and
To make digital banking safer for all users, the Reserve Bank of India (RBI) has released a draft of new regulations. Internet banking, mobile banking, and any other online services provided by banks are covered by the new regulations. The new regulations require banks to provide consumers with clear options,
As it prepares for an IPO on the New York Stock Exchange, Figma is looking for a fully diluted valuation of up to $16.4 billion, a move that could boost the tech IPO market, which is currently recovering, according to a Reuters story. According to a statement made on
The well-known foodtech company Eternal (previously Zomato) is establishing Blinkit Foods Limited as a new wholly owned subsidiary. "Blinkit Foods will be involved in the business food services, including innovation, preparation, sourcing, sale, and customer delivery of food," the company stated in an exchange filing. The proposed authorised