In a surprising move, Naveen Tahilyani has stepped down as CEO and Managing Director of Tata Digital, the digital powerhouse within the Tata Group. This leadership shakeup adds to growing concerns about the future of Tata Neu, the much-hyped superapp that has been grappling to gain traction since its launch.
But Tahilyani isn’t stepping away from the spotlight — he’s moving on to lead…
FTSE Russell Slashes Eternal’s Investability — What This Means for Investors
In a sudden shakeup, FTSE Russell has slashed the investability weighting of Eternal, the parent company of Zomato, from a hefty 82.7% down to just 49.5%. This drastic cut is expected to trigger a massive ₹3,235 crore outflow from index-linked funds — a move that could rattle markets and investors alike.
Why Did…
Startups Raise Big, Breaking Records Amid Investor Frenzy
From Euler Motors to CloudSEK, Indian startups have made waves this week, raising a massive $231.7 million across just 16 deals between May 19 and 24. That’s a whopping 53% jump in funding value compared to the previous week — even though the number of deals dropped from 24 to 16.
Clearly, investors are getting more selective but are…
A Fintech Rocketship Emerges from the Shadows
In a fintech world crowded with promises, OpenFX just made a jaw-dropping entrance. After quietly building in stealth mode for less than a year, the startup has burst onto the scene with $23 million in fresh funding — and a staggering $10 billion in annualized transaction volume already under its belt.
Backed by heavyweights like Accel, NFX…
A Promising Grocery Startup Closes Its Doors
Otipy, a once-promising grocery delivery startup based in Delhi-NCR, has officially shut down operations. The announcement came during a town hall meeting where founder and CEO Varun Khurana broke the news to around 300 employees and hundreds of gig delivery workers — all of whom were left jobless overnight.
The move ends a four-year run for the…
Say goodbye to boring searches and endless scrolling—Glance AI is here to revolutionize your shopping experience with the power of artificial intelligence.
Meet Glance AI: The Future of Online Shopping Has Arrived
Backed by Google and part of the InMobi family, Glance just launched Glance AI, an AI-native commerce platform that flips traditional e-commerce on its head.
Instead of hunting…
A breakthrough in climate action is happening right now, and it’s coming from a bold new startup called Alt Carbon — fresh off a massive $12 million seed funding round.
Alt Carbon’s Mission: Building the Future of Climate Solutions
Alt Carbon is not just another tech startup. It’s a deeptech science and data company focused on building the agricultural infrastructure needed to remove…
Krafton India Backs Indore-Based Startup Shuru in a Secretive Funding Round
In a surprising yet smart play, Krafton India announced an investment in Shuru, a hyperlocal community app based out of Indore, Madhya Pradesh. While the exact amount remains undisclosed, the move signals Krafton’s growing interest in India’s tech startups beyond gaming.
Joining Krafton in the latest funding round were…
Mamaearth’s Parent Honasa Posts Mixed Q4 Results: Revenue Up, Profit Down
Honasa Consumer, the company behind popular beauty brand Mamaearth, just revealed its financial results for the quarter ending March 2025. And it’s a mixed bag.
While revenue jumped 13.3% year-on-year to Rs 534 crore, net profit took a 16% dip, falling from Rs 30 crore to Rs 25 crore. This comes as the company tries to…
Ola Electric Board Approves Rs 1,700 Crore Debt Fundraise After IPO
Ola Electric Mobility Ltd, the electric vehicle startup led by Bhavish Aggarwal, is gearing up for its next big financial move. The company announced that its board has approved raising up to Rs 1,700 crore through debt instruments—a significant step as it looks to ramp up operations post-IPO.
This marks Ola Electric’s first…
