Aadit Palicha, the CEO and co-founder of Zepto, has openly claimed that the CFO of a rival rapid commerce company is planning a smear campaign against Zepto's leadership, company, and brand. Palicha posted the allegations on 25 May's evening on LinkedIn. Palicha claimed, without naming the
Kisaan Se Kitchen Tak (KSKT), a rising agri-commerce disruptor and a marketplace for Healthier Food Alternatives hailing from India’s heartland, has raised $1.3 million in a Strategic Mix of Equity & Debt The funding round was led by Keiretsu Forum and Favcy’s 1stCheque Angel Network, with participation
IBM made news throughout the world in 2023 when it laid off almost 8,000 workers; the majority of them were from its human resources department. The step was taken to introduce AskHR, a proprietary AI platform intended to automate tedious administrative tasks. However, rather than reducing its personnel overall,
According to those familiar with the situation, Otipy, situated in Delhi NCR, ceased operations last week, as reported by a media outlet. On Saturday, the farm-to-fork vegetable supplier shut operations, leaving about 300 workers struggling to make ends meet. Otipy cofounder and CEO Varun Khurana told his staff during a
As part of its ongoing legal battle with Byju's, Aakash Educational Services Ltd. (AESL) has accused EY of professional misconduct and conflict of interest. The main focus of the case is AESL's governance and control problems after Byju's failed takeover. AESL's legal
Anthropic, the OpenAI competitor sponsored by Amazon, unveiled Claude 4, its most potent set of AI models to date, on 22 May. According to the business, the two models—Claude Opus 4 and Claude Sonnet 4—are setting a "new standard" for AI agents since they can compose
On 23 May, the Securities and Exchange Board of India (Sebi) declared that it is looking into possible infractions by senior management of IndusInd Bank, which is accused of accounting crimes worth an estimated INR 3,400 crore. Sebi is especially looking into the suspected securities market infractions by bank
In an effort to revolutionise how consumers find and purchase clothes, InMobi's mobile content platform Glance has introduced Glance AI, a generative artificial intelligence (Gen AI) commerce engine. The site combines AI-styled looks with photorealistic try-ons, including avatar modelling, to provide a customised shopping experience. A similar application
Builder.ai
Builder.ai, once valued at over $1 billion, has filed for bankruptcy in May 2025. Revenue was overstated by 300%, revealing financial irregularities. Key lender seized $37 million, crippling the company’s cash flow.
Mumbai leads fresher salaries in India with an average package of ₹4.29 lakh, followed by Delhi at ₹4.05 lakh, reveals GetWork’s FY25 report. Overall, fresher pay rose 3.4% from last year to ₹3.22 lakh. Sales and finance roles offer the highest entry-level pay.
* The system is designed to safeguard high-value critical infrastructure such as nuclear power plants, oil refineries, ports, airports, and energy grids from drone-based attacks * With the advanced SkyOS™ platform, Indrajaal Infra offers autonomous, real-time airspace security across vast areas up to 4,000 sq km. Indrajaal, India’s leading autonomous
Venture Catalysts, India’s leading integrated incubator and accelerator platform, has participated in BlackCarrot’s seed funding round, an innovative dinnerware brand redefining the Indian dining experience with a focus on health and contemporary design. The round also saw participation from notable investors, including We Founder Circle, EvolveX Accelerator, GX
Titan Capital has launched a new investment vertical to fund startups in India’s defence and strategic tech, focusing on hardware, aerospace, cybersecurity, and manufacturing to boost defence self-reliance amid rising global tensions.
Zomato, a key player in the foodtech industry, has allegedly begun collecting a new "long-distance service fee" for orders that are delivered more than four kilometres. The company would now charge its clients INR 15 for deliveries within a 4- to 6-kilometre radius if the order value exceeds
According to a media source, the US retail giant Walmart intends to eliminate some 1,500 corporate positions as part of a reorganisation initiative to streamline its business practices. Divisions like Walmart Connect, its advertising business, e-commerce fulfilment in US stores, and worldwide technology operations will all be impacted by
Shiprocket, a rapidly expanding logistics technology firm supported by Temasek and Zomato, has filed a draft red herring prospectus (DRHP) with Sebi in confidence through the pre-filing process, marking the first official step towards becoming public. It is anticipated that the proposed IPO will cost between INR 2,000 and
New report urges India Inc. to rethink skilling strategies as participation gaps, generational divides, and ROI concerns widen upGrad Enterprise, the corporate skilling division of Asia’s leading integrated lifelong learning company, upGrad has launched a groundbreaking industry report titled ‘Skilling Smarter: A Strategic Guide to Training Across Generations’. Based
According to a renowned media outlet, OpenAI is purchasing io, a gadget firm that CEO Sam Altman and renowned Apple designer Jony Ive have been secretly working on for two years, in an all-equity deal valued at $6.5 billion. Ive and his design company, LoveFrom, will now oversee creative
Data Sutram, a B2B SaaS firm with a focus on Banking, Financial Services and Insurance (BFSI), has raised $9 million (about INR 77 crore) in Series A funding, headed by Lightspeed Venture Partners and B Capital. There were both primary and secondary agreements in the round. Rajit Bhattacharya, the founder
The Delhi Debt Recovery Tribunal (DRT) has been contacted by the Indian Renewable Energy Development Agency (IREDA) to recover around INR 729 Cr from Gensol Engineering after the agency filed an insolvency plea against the company. The company filed an original application under Section 19 of The Recovery of Debts
India’s popular quick-commerce startup Zepto is once again sparking fresh concerns about its workplace environment following a detailed Reddit post from May 2025. A user shared how a short stint at Zepto severely impacted their mental health and career, raising questions about how the company operates behind the scenes,
Partnership to power smarter, greener, and faster data solutions for India’s digital growth. In a major step toward building the future of digital infrastructure, Planck, an infra-tech startup focused on sustainable Quanta-range edge data centres, has partnered with Swiss Vault, an award-winning, global leader in low-power, high-efficiency data management
Alleging exploitative tactics under Zepto's Rural Mobilisation Programme (RMP), the Rajdhani App Workers' Union (RAWU) has filed a complaint against Zepto and its third-party vendor, Kilton Geo Engineering Pvt. Ltd., with the Delhi labour department. According to the union, gig workers—whom Zepto refers to as "
Built in-house at Oben’s Bengaluru R&D centre, this platform will power a new line of affordable electric motorcycles under INR 1 lakh for the mass commuter segment. Oben Electric, India’s leading homegrown R&D driven electric motorcycle manufacturer, today announced that it is working on