Weekly Startup Funding News: Indian startups raised $270 Mn this week; from Zeta to Mysa
This week, investment activity increased to a staggering $270.2 million across 22 deals, igniting renewed investor confidence in the Indian...
Sachin Bansal Steps Down as CEO, Takes on Executive Chairman Role at Navi
A major leadership shift has been announced by Navi Technologies, the financial company that Sachin Bansal founded. Rajiv Naresh was...
OpenAI’s India Expansion: Plans for a Data Center and Growing AI Influence
According to reports, OpenAI, the company behind ChatGPT, is in negotiations to open data centers in India.
Bollywood Music Labels Take on OpenAI in Copyright Battle
Some of the biggest music labels in India are suing OpenAI, combining concerns about artificial intelligence and copyright.
Honasa Consumer’s Q3 FY25 Comeback: Revenue Hits ₹517.5 Cr, Profitability Restored
In the third quarter of FY25, Honasa Consumer Ltd. (HCL), the parent company of personal care brands like Mamaearth, Aqualogica,...
SpotDraft Raises $54 Mn to Revolutionize Contract Management with AI
In a Series B fundraising round, SpotDraft, an AI-powered contract lifecycle management (CLM) tool for internal legal teams, raised $54...
Ola Consumer’s Loss Narrows By 57% In FY24, But Revenue Takes A Hit
Ola Consumer (previously ANI Technologies) has demonstrated notable financial improvements in FY24 as it prepares for its initial public offering.
TRAI Cracks Down on Spam Calls and Messages: New Rules, Big Fines for Violators
You're not alone if you've ever received a barrage of spam calls about phony lottery winnings, extended auto warranties, or...
The Income-Tax Bill 2025: A Game-Changer for Compliance and Transparency
The Indian tax system is anticipated to undergo a significant transformation with the enactment of the Income-Tax Bill, 2025.
Muthoot Finance Posts Strong Q3 Results as Gold Loan Demand Surges
Muthoot Finance, India's largest gold loan provider, reported a bigger-than-expected profit for the third quarter of FY24, driven by strong...