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Zomato Lays Off 600 Employees Amid AI Push and Slowing Growth
Zomato, the massive food delivery service, has made news once more, but not for the reasons it had planned. Only a year after hiring 600 customer support associates under its Zomato Associate...
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IndiQube Spaces Secures SEBI Nod for Rs 850 Cr IPO
Bengaluru-based managed workspace provider IndiQube Spaces has received approval from the Securities and Exchange Board of India (SEBI) to launch its Rs 850 crore initial public offering (IPO). The IPO...
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India’s Electronics Boom: Rs. 22,000 Cr PLI Scheme to Transform Component...
With the Union Cabinet’s approval of a Production Linked Incentive (PLI) plan of Rs. 22,919 crore for electronic components and subassemblies, India is making significant strides in the production of...
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Swiggy Faces Rs 158 Cr Tax Demand: A Legal Battle Over Cancellation Fees
One of the top meal delivery services in India, Swiggy, is embroiled in a big tax issue. For the fiscal year 2021–2022, the Bengaluru-based business was slammed with a tax demand of more than Rs 158...
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Trump’s “Liberation Day” Tariffs See Last-Minute Adjustments: 14 Countries...
When former President Donald Trump announced his “Liberation Day” tariffs, the global trade community braced for a seismic shift. However, a Bloomberg review has uncovered a subtle but significant...
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Sam Altman Praises India’s AI Surge—What’s Driving the Boom?
Sam Altman, the founder of OpenAI, has acknowledged that India is having a significant impact on the global AI scene. “What’s happening with AI adoption in India right now is amazing to watch,” Altman...
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Scapia Raises $40 Mn to Revolutionize Travel Fintech in India
Bengaluru-based travel fintech startup Scapia has made waves in the industry by securing $40 million in Series B funding, led by Peak XV Partners. Existing investors Elevation Capital, Z47, and 3STATE...
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Aerem Secures ₹100 Cr Series A to Supercharge India’s Solar Revolution
Mumbai, April 4, 2025 — In a powerful push towards India’s clean energy goals, Aerem, an end-to-end solar platform for businesses and households, has raised ₹100 crore in its Series A funding round....
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Shunya Set to Soar: India’s First 6-Seater Flying Taxi to Launch by 2028
India is on the brink of an urban transportation revolution, and leading the charge is homegrown startup Sarla Aviation. At the recently held Startup Mahakumbh at Bharat Mandapam, the company unveiled...
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Ola Electric Faces Regulatory Heat in Maharashtra Over Unauthorised Stores
A major participant in the Indian EV sector, Ola Electric Mobility Ltd., has run afoul of the Maharashtra government. A letter requesting an explanation for running showrooms and service centers...
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