Breaking startup & business news from India.
Goldman Sachs, Societe Generale, and Citigroup Global Markets are among the global financial institutions that have purchased a 1.34% stake in Paytm's parent firm, One 97 Communications. These investment firms paid INR crores in open market transactions to acquire shares from SAIF Partners and Elevation Capital. The
In a move into the beauty services market, Snabbit now offers a salon-at-home service that, in a matter of minutes, links clients with certified beauty experts. This is the first step for the platform into a new market that it hopes will enhance its current home services offerings. After six
A significant agreement has been inked between India Post and Flipkart to enhance last-mile parcel delivery services nationwide. By merging India Post's extensive delivery network with Flipkart's robust online retail presence, the alliance seeks to enhance the reach and efficiency of e-commerce deliveries. The Department of
Seed Funding
TIST Media, the Mumbai-headquartered creator economy company, has closed its seed round at a post-money valuation of approximately USD 5.9 million, with Sthira Partners leading the investment. The round marks one of the few instances of institutional capital flowing into a pure-play creator economy business in India, signalling a
Today's Indian startup landscape is dominated by corporate developments rather than fresh funding rounds. Quick commerce leader Zepto is reportedly readying an ₹11,000 crore IPO by July, while healthtech unicorn Innovaccer has acquired US-based CaduceusHealth in its fifth buyout in two years. On the listed side, Info
The gold price today in India is ₹16,003 per gram for 24-carat gold, down 0.24% from yesterday. The silver price today in India is ₹2,74,830 per kg, falling 0.26% in early trade. Gold is trading at $4,535.79 as of 22 May 2026. Both
Stellantis has just launched the most significant rethinking of its India strategy in recent times. The company and Tata Motors have declared their intention to collaborate on the design and production of a new Jeep model for the international market. As a result, India went from being a challenging home
In its first quarter of fiscal year 27 earnings commentary, the worldwide retail juggernaut Walmart highlighted Flipkart and its quick commerce service, Flipkart Minutes, illuminating the platform's lightning-fast delivery growth in India. The e-commerce giant was singled out by the retailer for its contribution to the quarter'
Swiggy, a food tech giant, had its bid to become an IOCC (Indian-owned and controlled company) rejected by shareholders. The foodtech juggernaut was unable to restructure its board nominating process and change its articles of association (AoAs) due to a lack of support. The business reported 72.36% support for
Meta has initiated yet another round of job cuts in the Irish market. The US IT titan is moving on with a worldwide reorganisation strategy focused on AI and automation, which might lead to the layoff of as many as 350 workers. Meta plans to let off over 8,000
Indian startups saw fresh capital flow into fintech and digital fashion on 21 May 2026, with two funding rounds anchoring the day. Travel-fintech Scapia led the tally with a $63 million raise backed by General Catalyst, while Meta Fashion picked up $400K in pre-seed funding led by Lumikai. On the
In July, Zepto, a platform for quick commerce, will conduct its initial public offering (IPO) with a target price of INR 11,000 crore. If the IPO is approved, Zepto would become the third Indian food delivery app to follow Swiggy and Zomato in being listed on a stock exchange.
With an investment of over $10 billion, Advanced Micro Devices plans to significantly increase its footprint in Taiwan. Therefore, in an effort to catch up to Nvidia in the rapidly expanding market for artificial intelligence chips, it is strengthening relationships throughout the island's semiconductor ecosystem. The American semiconductor
A broader overhaul of loan recovery standards is underway. Reserve Bank of India (RBI) has issued modification orders to update 'Conduct of Regulated Entities in Recovery of Loans and Engagement of Recovery Agents.'. As part of the planned changes, financial institutions like banks and NBFCs will be able
Gold prices in India today are around ₹15,944 per gram for 24-carat gold, while silver prices are near ₹2,85,000 per kg. Prices are mostly stable as investors react to the US Federal Reserve’s latest policy comments. Gold and silver rates on 21 May 2026 saw only
As part of its aggressive push into artificial intelligence, corporate software company Intuit is laying off about 3,000 workers worldwide. Additionally, in order to better compete in a market that is becoming more and more driven by AI, the company is restructuring its organisational structure. Chief Executive Officer Sasan
Southwest Airlines' recently established Global Innovation Centre in Hyderabad aims to hire approximately 1,000 people in the next years. The move is part of the airline's strategy to fortify its engineering and technological capacities in countries other than the US. According to remarks made by senior
ANSCER Robotics
Bengaluru-based industrial robotics company ANSCER Robotics has raised ₹45 crore in a fresh funding round led by IAN Alpha Fund, the second venture capital fund in IAN Group's series, with participation from Info Edge and a clutch of angel investors. The capital infusion, announced on 21 May 2026,
Meta Fashion
Meta Fashion, a Delhi-based digital fashion platform building what its founders describe as the "Zara for the Virtual World," has raised approximately $400,000 in a pre-seed funding round led by Lumikai, India's interactive media, digital platforms, and games-focused venture capital fund. The round, announced on
Scapia
Scapia, the Bengaluru-based travel-fintech company, has raised $63 million in a fresh funding round led by US-based venture firm General Catalyst, with continued participation from existing investors Peak XV Partners and Z47. The round, announced on May 21, 2026, takes the company's total equity funding to approximately $135
Despite TCS announcing an average salary increase of around 5%, numerous staffers have claimed that their monthly salaries have been reduced, leading employees to question the company's latest appraisal cycle. The corporation reportedly implemented wage adjustments on May 18, according to recent media reports. The appraisal season has
The gold price today in India is ₹15,940 per gram for 24-carat gold, down 0.28% from yesterday. The silver price today in India is ₹2,72,850 per kg, rising 0.69% in a split-session day. Gold pulled away from its ₹1.60 lakh mark in early trade
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Domino’s is one of the most successful pizza brands in India with 1,900+ stores across the country. From franchise cost and profit margins to investment requirements and application steps, this guide covers everything you need to know before opening a Domino’s franchise in India.
To increase commercial electric mobility and decrease emissions from the transportation sector, India is contemplating a $1 billion (approximately INR 8,300 crore) incentive programme. The step is taken to encourage private fleet operators to purchase electric buses and trucks. Despite having lower operating expenses than conventional diesel vehicles, electric
Priority Postpaid, a new service by Bharti Airtel that uses 5G slicing technology, was announced for launch on 19 May. The service will dynamically prioritise network capacity for postpaid customers, and this is the first commercial rollout of its kind in India, according to Airtel. Customers who rely on constant
Mythik
Mythik, the tech-first global entertainment company founded by Jason Kothari, has raised an additional $5 million in fresh capital, lifting its valuation to over $50 million and reinforcing its standing as one of the most closely watched new entrants in the emerging media-tech landscape. The top-up round, announced on May
With this latest round of massive layoffs, Meta is removing approximately 10% of its worldwide workforce. By ordering employees in places like the United States, the United Kingdom, and Singapore to remain at home and work, Meta successfully avoided any internal turmoil in the company. The layoff notifications eventually arrived
606 LinkedIn employees in California have been notified that they will be laid off this summer. This decision was made shortly after the professional networking platform's most recent quarterly results showed a 12% increase in revenue year over year. Multiple US media outlets reviewed a WARN filing that
Indian startup activity on 19 May 2026 was led by early-stage rounds in fintech and agri-finance, alongside notable secondary market action. Two funding rounds were announced, with agri-finance startup ONO leading the day at $1.2 million. In key business news, Groww's promoter group sold shares worth ₹270
By the year 2030, the food and drink giant PepsiCo plans to pour as much as INR 5,700 crore into the Indian market. According to Jagrut Kotecha, the chief executive officer for India and South Asia, the investment will mainly go toward increasing the production capacity of the company&
The gold price today in India is ₹16,042 per gram for 24-carat gold, up 0.28% from Monday. The silver price today in India is ₹2,74,560 per kg, falling 0.94% as rate-cut hopes fade further. Gold and silver prices in India showed a mixed trend on
The National Payments Corporation of India (NPCI) is reportedly working on a standardised, interoperable framework for soundboxes. This new initiative will enable all payment apps to support transactions based on the Unified Payments Interface. As soundboxes proliferate among stores and mom-and-pop shops, NPCI's unified platform will function independently
On May 20, Meta will lay off 10% of its employees. This is all a part of a larger reorganisation that the company is undergoing in response to its increasing emphasis on AI and automation. The corporation is planning to implement significant organisational changes to restructure workflows around AI-driven operations
Standard Chartered, a bank with headquarters in London, has stated that it will eliminate over 15% (around 7800 employees) of its workforce by the year 2030. The move comes as the bank increases its use of AI to improve efficiency, according to media reports. Its website states that the layoffs
Trackk
Trackk, an investment platform targeting Gen Z investors in India, has raised $3.7 million in a seed funding round led by Lightspeed, with participation from Info Edge Ventures and a clutch of high-profile angel investors including Gaurav Munjal, Roman Saini, Tanmay Bhatt, Varun Mayya, and Gaurav Kapoor. The fresh
A new and ambitious industrial policy has been unveiled by the Haryana government. Massive investment, the creation of lakhs of jobs, and the promotion of cleaner transport in the National Capital Region (NCR) are all goals of the policy. On 18 May, the State Cabinet put the "Make in
ONO
Bengaluru-based Agri-Finance startup ONO has raised $1.2 million in a Pre-Series A funding round led by early-stage venture capital firm Aeravti Ventures, with participation from Tremis Capital and a clutch of angel investors. The fresh capital arrives as the company scales its data and AI-led post-harvest infrastructure for Agri-SMEs
🗞️ Funding Roundup
Welcome to StartupTalky’s 2026 Indian startup funding updates. This article provides a clear and easy overview of the latest startup funding news in India throughout the year. Our weekly funding tables, updated regularly, track how much funding each startup has raised, the sectors they operate in, the key investors
Indian startups saw funding flow into trading-tech, biotech, and recovery-tech today, with three rounds totalling around ₹50.3 crore. Mumbai-based trading app Trackk led the day, raising ₹30 crore in an extended seed round from Lightspeed India and Info Edge Ventures. Cellogen Therapeutics bagged ₹20 crore from Kotak Alts to
There will be 850 layoffs at Inter IKEA, the business that franchises the internationally renowned Swedish furniture giant IKEA in 63 countries. In response to declining consumer demand and increasing economic pressures, the move is a component of a comprehensive plan to cut costs. The elimination of positions is part
In an effort to save $2 billion, Starbucks Corp. is considering opening a technology office in India. A message was sent to employees stating that the new hub is scheduled to be built during the company's fiscal year 2027, which begins in October. After deciding on a location
With the opening of Million Minds Tech City, Ahmedabad is vying to become one of India's many Global Capability Centre (GCC) nodes. In this endeavour, Ganesh Housing Limited is investing INR 15,000 crore to build an integrated technological township. Ahmedabad has long been known as a hub
Key Highlights * Paramotor Digital Technology has confidentially filed its draft red herring prospectus (DRHP) with SEBI under the pre-filing route for a proposed IPO. * The Mumbai-based fintech reported revenue of ₹112 crore in FY 2024-25, up 232% year-on-year, with net profit of ₹29.2 crore. * Its portfolio includes SpendPro, RewardOn,
Bharti Airtel Ltd. has overtaken HDFC Bank Ltd. to become India's second most valued listed company by market capitalisation on Monday, May 18, 2026, as the telecom major's shares climbed for a fourth consecutive session while the private lender remained under pressure over its chairman succession
The gold price today in India is ₹15,693 per gram for 24-carat gold, unchanged from Sunday. The silver price today in India is ₹2,79,900 per kg, broadly flat as the week begins. Today's gold price in India stands at ₹15,693 per gram for 24-carat
Recently, Jane Street Group LLC established a new office in Singapore. Consequently, as it keeps expanding its operations across Asia, it is doubling its seating capacity to 250 people. A total of 24,000 square feet (2,230 square metres) has been leased by the market maker in the IOI
🗞️ Funding Roundup
Welcome to StartupTalky’s 2026 US funding updates. This article offers a clear and structured overview of the latest investment activity in the United States throughout the year. Our weekly funding tables, updated regularly, track how much funding companies have raised, the industries they operate in, key investors involved, and
The gold price today in India is ₹15,911 per gram for 24-carat gold. The silver price today in India is ₹2,71,740 per kg. Both metals are flat today after one of the most turbulent weeks in Indian bullion market history. Gold prices in India remained unchanged on
The gold price today in India is ₹15,910 per gram for 24-carat gold, down sharply from ₹16,265 yesterday. The silver price today in India has crashed to ₹2,71,720 per kg, a fall of over ₹20,000 in just 24 hours. Spot gold fell 2% to around
Sanjay and Dheeraj Hinduja and Family, representing the 111-year-old transnational conglomerate Hinduja Group, has topped the Sunday Times Rich List at £38 billion for the fifth successive year. The Sunday Times Rich List is a definitive annual ranking of the wealthiest individuals and families residing in the United Kingdom, with
Electric vehicle (EV) giant Ola Electric's board of directors has approved a cumulative investment of INR 2,000 Cr just days before the company reports its financial results for the fourth quarter. The company's cell manufacturing division, Ola Cell Technologies Pvt Ltd (OCT), and its vehicle
India's startup ecosystem saw meaningful action on 15 May 2026, with mobility, consumer brands, and electric vehicles drawing fresh capital. Three funding rounds were announced today, led by Rapido's $240 million primary infusion from Prosus at a $3 billion valuation. On the news front, Walmart-owned Flipkart
Coal India Ltd's solar manufacturing subsidiary has been dissolved. This action officially ends the company's plans to use a special-purpose vehicle to get into integrated solar photovoltaic manufacturing. In a regulatory filing, the state-owned coal miner announced that CIL Solar PV Ltd has been dissolved and
On May 14th, the Enforcement Directorate announced that bank deposits totalling INR 526 crore had been frozen. Moreover, the Enforcement Directorate (ED) has announced that, following the conclusion of searches in a money laundering case involving the online gaming platform Gameskraft and its founders, it has confiscated INR 11 lakh
By the end of 2027, Uber intends to establish two substantial technology centers in Bengaluru and Hyderabad. Consequently, this shows Uber's stronger dedication towards India in the long run. The business is currently increasing its presence in the field of engineering and infrastructure in a rapidly developing market.
The silver price today in India is ₹2,90,000 per kg, falling sharply after COMEX silver crashed nearly 6% overnight. The gold price today in India is ₹16,265 per gram for 24-carat gold, broadly steady but under pressure. Both metals are correcting after a historic two-day surge driven
Campus job offers from Oracle have allegedly been withdrawn from students at various National Institutes of Technology and Indian Institutes of Technology. More than 30,000 workers across the globe were allegedly impacted by the tech company's massive global restructuring exercise, which was completed just weeks ago. Due
🏆 Lists & Rankings
Explore the best government franchise opportunities in India, including India Post, BSNL, Jan Aushadhi, CSC, and Indian Oil. Compare investment, ROI, and requirements to choose the right government-backed business opportunity.
Legend of Toys
Legend of Toys, the Bengaluru-based direct-to-consumer toy brand, has raised ₹21 crore in a Pre-Series A funding round aimed at building what the company describes as India's first premium play universe. The round saw participation from Singularity Early Opportunities Fund, Veltis Capital, Enzia Ventures, DeVC, Atrium Angels and
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Discover 64 profitable land business ideas in India to earn from vacant or empty land. Explore farming, EV charging stations, cold storage, parking lots, solar energy, and more high-return opportunities.
The gold price today in India is ₹16,201 per gram for 24-carat gold, and the silver price today in India has crossed ₹3,10,000 per kg in Mumbai. Both metals continue to trade at elevated levels, a day after India's historic import duty hike from 6%
Three former Peak XV Partners managing directors, Ashish Agrawal, Ishaan Mittal, and Tejeshwi Sharma, have launched Mettle Capital, a new India-focused venture capital firm, and are targeting a maiden fund of $350 million to $400 million to back domestic startups, according to multiple media reports on May 14, 2026. The
* Secret Alchemist, the Samantha Ruth Prabhu co-founded aromatherapy and clean fragrance brand, leads IPV's exit slate with a standout 192% IRR and 4.56x MoM, followed by Aerem (60% IRR, 3.92x MoM), Qubehealth (49% IRR, 5.49x MoM), and Kazam (34% IRR, 4.21x MoM) among top
In anticipation of its highly anticipated initial public offering (IPO), the digital arm of Reliance Industries, Jio Platforms, has named Akash Ambani as its managing director for a duration of five years, starting April 9, 2026. The nomination was approved by a vote of all board members at an April
Tuesday's deal flow was led by early-stage rounds across fintech, housing finance and on-demand services, with three Indian startups collectively raising over ₹40 crore. Doorstep smartphone repair startup Instafix secured ₹7.55 crore in pre-seed funding, while Nivasa Finance closed a ₹25 crore seed round to scale its
The gold price today in India has surged nearly 6% to ₹1,63,000 per 10 grams. The silver price today in India is ₹2,96,910 per kg, up 6.2% in a single session. The Centre has more than doubled the import duty on gold and silver, raising
The health and insurance benefits for over 90,000 delivery colleagues across Amazon India's operations network have been enhanced, the company announced. Coverage for common medical expenses can be obtained through the benefits' outpatient department (OPD) coverage. Compensation for both temporary and permanent disabilities, as well as
Meta workers are protesting the company's new monitoring software that aims to teach AI by posting leaflets around the headquarters in the United States. This change occurred only days before the corporation was scheduled to start laying off 10% of its employees on May 20. The Model Capability
Gurugram, May 13, 2026 — Instafix, a 30-minute doorstep smartphone repair service, has raised ₹7.55 crore in a pre-seed funding round co-led by Titan Capital and 8i Ventures. The round also saw participation from Anish Srivastava, Senior Vice President at Blinkit, and Bharat Kalia, Co-founder and CEO of Lifelong. The
Walmart is purportedly contemplating the reduction or relocation of approximately 1,000 corporate employees. Its technology and AI activities are being restructured, and this relocation or these layoffs are just one component of this development. As part of its strategy to better integrate its worldwide technology and AI product teams,
India's credit card industry has undergone a remarkable transformation over the past five years. From fewer than 60 million cards in FY2020, the country now has over 118 million credit cards in circulation. Spending has grown from under ₹6 trillion annually to nearly ₹24 trillion in FY2026, reflecting
S Cube Capital (SAIML Pte Ltd), a fund management firm located in Singapore, has been bought by InCred Capital, the wealth management subsidiary of InCred Group. The business announced its intention to merge S Cube Capital with its Singaporean subsidiary, InCred Global Wealth Pte Ltd, pending necessary regulatory clearances. With
India's startup ecosystem saw funding activity span semiconductors, electronics manufacturing, deeptech, foodtech and cybersecurity on 12 May 2026. Bengaluru-based HrdWyr led the day with a $13 million Series A to build AI-native chips, while Mekr raised ₹67 crore to scale its electronics manufacturing platform. Spacetech firm Agnikul Cosmos
The OpenAI Deployment Company is a new venture from OpenAI that will assist organisations in developing and implementing AI systems that are reliable and applicable to their critical daily operations. Organisations tackling difficult challenges in harsh environments will have access to Forward Deployed Engineers (FDEs), who are experts in frontier
Hundreds of paid workers in GM's IT department have been let go as layoffs have started. The move comes as the US carmaker tightens its grip on costs and reevaluates its workforce needs in certain areas. Roughly 500 to 600 employees worldwide are projected to be impacted by
The gold price today in India is ₹1,52,500 per 10 grams for 24-carat gold, down 0.42% from Monday. The silver price today in India has crashed from ₹4,300 to ₹2,62,730 per kg after hitting a high of nearly ₹2,82,000 earlier in the
India’s automotive market kicked off FY27 on a high note, with April 2026 auto sales recording strong growth across segments. The surge was largely driven by rising demand for electric vehicles (EVs) and sport utility vehicles (SUVs), reflecting a clear shift in consumer preferences. The month saw impressive traction
Staff layoffs, reorganisation of management, and increased use of AI throughout internal processes are all part of GitLab's massive organisational change, which the company has disclosed. This move is being made by the software corporation in preparation for the ever-changing world of AI-driven development. On May 11th, the
The Seattle headquarters of Starbucks has laid off 61 corporate technology employees. Last week, the company's Worker Adjustment and Retraining Notification filing revealed that this action is being made as part of a comprehensive operational revamp under CEO Brian Niccol. With the layoffs underway, the worldwide coffee company
Indian startup activity on 11 May 2026 was led by healthy packaged foods and fintech, with one notable funding round and a clutch of IPO and listed-company updates. Wingreens Farms closed a ₹120 crore Series D and acquired Safe Harvest in a share-swap deal. On the public markets front, InCred
As part of its internal reorganisation in preparation for its anticipated initial public offering (IPO) next year, Google-backed edtech giant Adda247 has fired 20% of its staff, or about 200 people. The layoffs affected workers in a wide range of departments, according to news accounts. Employees in departments like product,
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India’s RBI is cracking down on dark patterns in digital banking. From hidden fees to manipulative consent flows, the new 2026 regulations force banks and NBFCs to prioritize transparency, fairness, and user trust over conversion-driven design.
In order to fund further expenditures in artificial intelligence, Commerzbank intends to let off 3,000 employees. The move was made as the second-largest listed bank in Germany fortified its defences against a takeover bid by UniCredit of Italy. On May 8, the Frankfurt-based bank announced the layoffs as part
About 70 people, or about 15% of Truecaller's employees, will lose their employment. This comes after the company had a rough first quarter, posting sharp drops in sales in India as well as lower advertising income and overall pressure on its fundamental business model. The caller ID firm
Kathy's Beverages Pvt Ltd, the parent company of Mumbai-based bubble tea and beverage brand Bobakat, has raised ₹6 crore (approximately USD 638,000) in a Pre-Series A funding round to fuel a nationwide retail expansion and accelerate product innovation, the company announced Monday. The fresh capital will be
Oracle is currently experiencing an increase in criticism from former employees as a result of the mass termination of approximately 20,000 employees. The layoff has resulted in disputes regarding severance terms, forfeited stock compensation, and labour protection regulations. Employees in the US, India, and other foreign locations were hit
Sindhuja Microcredit, a new generation digital and rural-focused microfinance institution (MFI) providing financial services to self-employed women entrepreneurs, has raised $5 million (INR 47 crores) in a Pre Series D funding round. Existing investors Abler Nordic, GAWA Capital (through its vehicle Huruma Fund) and Oikocredit have participated in this round.
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SustainKart rose as India’s promising green commerce startup but shut down amid financial strain, founder disputes, and legal controversy. Here’s the full story behind its dramatic collapse.
Three of Porsche AG's companies will be closed, and over 500 jobs will be eliminated. The German luxury automaker is taking this action as part of its reorganisation to put greater emphasis on its primary business. This shift is a major strategic rethink for Porsche, as it is
India’s largest public sector lender, State Bank of India (SBI), has reported a steady rise in profits for both the full financial year FY26 and the March quarter, reflecting stable loan growth and improving asset quality. However, the bank’s shares saw a sharp decline following the announcement, signalling
Thousands of long-serving Microsoft employees in the US now have the option to voluntarily leave the company. Consequently, this is the first retirement buyout programme that the corporation has ever run in its fifty years. After being discussed internally last month, Microsoft's HR systems have officially detailed the
Quick commerce major Zepto has secured the Securities and Exchange Board of India's (SEBI) approval for its proposed initial public offering worth around ₹11,000 Cr to ₹12,000 Cr (about $1.2 billion), clearing a key regulatory hurdle for what is set to be one of India&
Thursday, 8 May 2026, was a quiet day for startup funding, with only one deal closing. Business news, however, was packed. Zepto received SEBI's approval for its $1.2 billion IPO, becoming one of the most closely watched public market events in India's quick commerce space.
About 750 permanent workers in the passenger and commercial vehicle divisions of Tata Motors have been offered the opportunity to retire voluntarily (VRS). This will be the first exercise of its kind for the firm since its reorganisation in 2025. After unions representing workers at Tata Motors plants requested a
Roughly 1,000 positions will be eliminated worldwide at Fidelity Investments. The move is part of the financial services provider's effort to reorganise its product and technology operations in preparation for a new delivery model. Out of a total of 80,000 employees around the world, around 1%
Worldwide, more than 1,100 workers will be let go by Cloudflare. In preparation for what business leaders are calling the "agentic AI era", the cybersecurity and cloud infrastructure firm is reorganising its operations. Layoffs were revealed in an internal memo that was emailed to staff on 7
Verizon has started laying off workers again in the US. The telecom group has already eliminated 13,000 positions across the board, and now it is laying off hundreds more. In an interview with a news outlet, the telecom company confirmed the most recent layoffs but refused to provide a
Indian startups saw a steady flow of capital on 7 May 2026, with spacetech, robotics and quick home services drawing investor attention. Skyroot Aerospace led the day, bagging $60 million to become India's first spacetech unicorn. Pronto wrapped up a $45 million Series B at a doubled valuation,
SEBI has received the updated draft red herring prospectus (UDRHP-I) from InCred Holdings, the parent company of InCred Financial Services, a prominent NBFC. The public offering of the company's stock will include both a new issuance of shares up to INR 1,250 Cr and an OFS of
Skyroot Aerospace
Hyderabad-based Skyroot Aerospace has raised $60 million in a Series C funding round on May 7, 2026, vaulting the small-satellite launch vehicle developer to a post-money valuation of $1.1 billion and making it India's first space-tech unicorn. The round was led by Sherpalo Ventures, GIC, BlackRock, Arkam