Info Edge, the parent company of India’s leading real estate platform 99acres, has initiated a formal investigation following a whistle-blower complaint alleging violations of company policies by certain employees at 99acres. The company has engaged a law firm to conduct an independent and thorough inquiry into the matter, signaling its commitment to transparency and corporate…
In a significant development for India’s startup ecosystem, Kavin Bharti Mittal, founder and CEO of Hike, announced the complete shutdown of the company. The decision comes in the wake of the Indian government’s ban on real-money gaming (RMG), a move that has disrupted business models across the gaming and digital entertainment sectors.
In a heartfelt post on LinkedIn, Mittal reflected on…
MyNaksh, an innovative astrology platform aimed at delivering deeply personalized experiences, has raised Rs 7.5 crore in a pre-seed funding round. The round was led by Eximius Ventures and Gemba Capital, with participation from a curated network of angel investors and operators, including Infinyte Club. The investment will enable the startup to further develop its AI-driven platform and expand…
PeakAmp’s Bold Mission: Turning Battery Waste into Gold!
As electric vehicles (EVs) and renewable energy solutions surge in popularity, one problem looms larger than ever—what happens to dead batteries? Enter PeakAmp, a trailblazing startup that’s aiming to turn this challenge into a massive opportunity.
The battery circularity company has just raised ₹12 crore (around $1.37 million) in a…
Honda’s EV Revolution Comes to India – Here’s Why It Matters
In a major move signaling the future of mobility, Honda Motorcycle and Scooter India (HMSI), the Indian arm of the Japanese automotive giant, is all set to launch its first-ever electric two-wheeler manufacturing plant in India. The new facility, which will come up in Narasapura, Karnataka, is being built with an investment of…
Urban Company’s IPO Breaks the Internet
In one of the most jaw-dropping IPOs this year, Urban Company, India’s popular at-home services platform, closed its public offering with 104 times more demand than supply! Investors lined up in droves, bidding for 1,106.46 crore shares against a tiny 10.68 crore shares on offer—a staggering 103.6 times subscription.
The frenzy signals how eager…
Sridhar Vembu Roasts Salesforce Over Price Hikes!
In a bold and hilarious move, Sridhar Vembu, the co-founder of Zoho Corporation, has called out Salesforce’s skyrocketing prices in one of the most savage tweets you’ll see this year. After users on Reddit complained about Salesforce hiking CRM subscription costs by nearly 35% over two years, Vembu couldn’t resist poking fun at the…
India’s Cultivated Meat Revolution Gets a Boost!
A game-changing startup is set to shake up India’s food industry! GVFL, a leading venture capital firm, has invested Rs 2 crore in Biokraft Foods, a foodtech startup that’s pioneering structured, slaughter-free meat using cutting-edge biotechnology and 3D bioprinting.
Founded in 2023 by Kamalnayan Tibrewal, an alumnus of the Institute of…
Anupam Mittal’s Bold Statement: Kashmir is One of a Kind!
In a recent post that’s stirring conversations across social media, Anupam Mittal, the founder of Shaadi.com and a judge on Shark Tank India, has rejected the popular claim that Kashmir is India’s Switzerland. Instead, he passionately described Kashmir as “raw, rustic, ravishing”, celebrating its beauty, spirit, and…
Flipkart Turns the Tide: Less Losses, More Growth
Flipkart Internet is showing signs of a strong recovery in India’s competitive e-commerce landscape. For the financial year 2025 (FY25), the company reported a significant boost in revenue and a sharp reduction in its losses. According to the latest filings, Flipkart’s revenue from operations increased to Rs 20,493 crore, up from Rs 17,907…
