Start Ups

Fintechs seek 'safe harbour' provision as regulatory waters turn choppy

The fintech and payments industry is preparing a proposal for RBI seeking safe harbour provisions to protect compliant licensed entities from liabilities and retrospective regulatory action

From hyperloop to orbit: The IIT alumni who want to see through clouds

GalaxEye founder Suyash Singh and his co-founders spent five years building Drishti, a satellite that sees through clouds even at night, and which was launched earlier this month on a SpaceX rocket

'Pronto's use of customer data early test of DPDP Act implementation'

India's data-protection framework offers some guardrails but leaves wide room for interpretation in how those rules apply to AI training

Coffee chain abcoffee raises ₹61 crore in pre-Series B funding round

Homegrown coffee chain abcoffee will use the fresh capital to expand across key urban markets and strengthen technology, operations and customer engagement

Pronto admits to recording household tasks for AI training after backlash

A report citing investor documents claimed that Pronto was recording household activities inside homes to help train physical AI and robotics systems, triggering privacy concerns among customers

Cyient Semiconductors raises $30 mn from Edelweiss at $500 mn valuation

The funds managed by EAAA India Alternatives Ltd (Edelweiss) and co-investors will help the company strengthen its capital structure

Flipkart's Shopsy bets on AI to win India's next 100 million shoppers

The platform is moving beyond offers-led commerce with gamified shopping and personalised discovery aimed at Gen Z and smaller cities

Betting big on deep-tech, IAN Group deploys ₹625 crore in 50 startups

IAN Group has invested nearly Rs 625 crore in around 50 deep-tech startups over two decades, with increasing focus on AI-led ventures and sovereign technologies

Snabbit expands into beauty services with quick salon-at-home offering

Startup expands into salon-at-home services with instant fulfilment model after Bengaluru pilot completed over 2,000 beauty service jobs in six weeks

How AI is becoming the operating backbone of India's fintech industry

AI is becoming part of the core infrastructure of India's fintech ecosystem as firms look to automate workflows, tackle fraud, and improve scalability

Sadev Ventures appoints Ishan Kansal as co-founder, managing partner

The move comes as the early-stage investment firm targets ₹1,000 crore in funds under management over the next 12-24 months

Deep-tech startup Anscer Robotics secures ₹45 crore in Series A round

The Bengaluru-based robotics startup will use the funding led by IAN Group to drive product innovation, expand in the US and strengthen factory and warehouse deployments

Gen Z investing startup Trackk raises $3.7 mn from Lightspeed, Info Edge

Mumbai-based Trackk plans to expand its investing platform and product offerings as younger Indians increasingly participate in financial markets

Google, Blackstone launch $5 billion AI cloud company to challenge Nvidia

The new venture will allow companies to rent AI computing power using Google's custom TPU chips instead of building costly infrastructure

In a first, digital precious metals' SRO to seek formal nod from a ministry

The industry body is framing a code of conduct, audit norms. and customer protection standards while seeking formal recognition from ministries, said Chairperson Nirupama Soundararajan

$240 million fundraise propels Rapido post-money valuation to $3 billion

The mobility startup, now valued at $3 billion, is expanding deeper into Tier-2 and Tier-3 markets amid rising demand for low-cost transport

Startup funding, exits evolve as investors demand profitability discipline

As startups increasingly tap public markets, investors are becoming more selective and demanding clearer paths to profitability than during the 2021 boom

Quick-commerce firms push deeper into smaller cities as metro growth slows

Amazon and Flipkart are expanding dark-store networks beyond major urban markets as competition and saturation pressure profitability in metros

HrdWyr raises $13 mn to scale AI-native chips for edge devices globally

The Indian semiconductor startup is developing AI-native processors for appliances, EVs and industrial systems that process data closer to where it is generated

Adda247 lays off over 20% employees amid restructuring and IPO plans

The development comes at a time when Adda247, which has raised around $67 million to date, is preparing for a public listing over the next 12 to 18 months