Udisha Srivastav

Info Edge CEO Hitesh Oberoi to step down, Sanjeev Bikhchandani to take over

Hitesh Oberoi will step down as Info Edge's MD and CEO on December 2 after nearly 27 years with the company, while founder Sanjeev Bikhchandani will take charge from December 3

India no longer catching up but creating new technologies: PM Modi

The Prime Minister calls for bold innovation as India steps up investment in emerging technologies and scientific research

Chasing US capital, Indian AI startups weigh cost of moving amid challenges

VC firms such as Antler India and All In Capital have launched programmes to help homegrown AI startups establish a foothold in the US

ShopOS launches Sloosh.ai creative platform for AI images, videos and reels

Backed by Binny Bansal's 3STATE Ventures, ShopOS has opened its AI creative engine to global users, offering tools for product imagery, videos, reels and creator-style content.

Unicorn India Ventures launches US operations, appoints ex-Google executive

Former Google executive Kishore Kanakamedala joins as venture partner to build a US investor network and help Indian deep-tech startups expand into international markets

TravClan raises $5 million from Flipkart, August One and Trifecta Capital

The travel-tech startup plans to use the funding to expand its global supply network, strengthen AI capabilities and scale destination operations across key international markets

Eternal Q2FY27 net profit jumps 92% to ₹125 crore, revenue rises 78%

Eternal's revenue rose 77.6% to Rs 24,138 crore in Q2FY27, while consolidated adjusted Ebitda surged 197% as Zomato and Blinkit recorded strong growth

Zomato parent Eternal to swap Adonmo stake for ₹156 crore Mygate shares

Eternal will exchange its entire Adonmo stake for Mygate shares valued at Rs 156 crore and transfer its going-out India business to a subsidiary for Rs 130.76 crore

Eternal plans global launch of privacy-focused AI platform Dark.AI in 2026

Eternal founder Deepinder Goyal says Dark.AI will offer encrypted conversations and user-controlled memory, while AI agents pose limited risks to Zomato and Blinkit

YatriKart, MMG group ink ₹120 cr deal to open 1,000 quick-stop stores

Under the five-year partnership, MMG Group will fund store infrastructure, while YatriKart will manage operations as it targets a network of 5,000 outlets across India

GenZ driving Amazon's fashion & beauty sales: Senior exec Nikhil Sinha

Gen Z shoppers drive Amazon's festive growth as premium brands double their sales share to 20%, while non-metro markets account for over half of fashion and beauty orders

India must spend $100 bn on R&D: Peak XV Partners MD Rajan Anandan

Rajan Anandan, MD of Peak XV Partners spoke about opportunities in India's startup ecosystem, the role of govt policy, the Research, Development and Innovation Fund, and Peak XV's investment strategy

RapidCanvas raises $29 million in Series B round led by Vertex Ventures

The funding takes RapidCanvas' total capital raised to $52.5 million and will support expansion of its go-to-market teams, field AI engineering operations and partner network.

AI drives 75% of orders on ecom platform Meesho via personalised ranking

Meesho's AI-powered Prism drives nearly 75% of orders, while its Chorus agent handles 62% of user queries as the e-commerce platform expands AI adoption across operations

AUM Ventures aims to close ₹750 cr fund by March 2027, bets on deep-tech

The venture capital firm has raised ₹250 crore in the first close of its ₹750 crore fund and plans six to seven investments this year, focusing on space-tech and other deep-tech sectors

Food delivery platform Swiggy launches multi-restaurant ordering feature

Swiggy's new feature lets users combine food orders from up to five restaurants through a single checkout, eliminating multiple platform fees and simplifying payments across 720 cities

Shamrock AI raises $5 million in seed round led by Endiya Partners

Shamrock AI has raised $5 million in seed funding led by Endiya Partners to develop its enterprise AI assurance platform, strengthen its team and expand its customer base

Ecom order volumes rise 31% in first week of festival sales: Unicommerce

Amongst geographies, Tier-III towns recorded the highest share of overall e-commerce orders, accounting for 42 per cent of the total orders during this period

RDI Fund picks first 19 second-level fund managers, commits ₹7,131 crore

The first cohort includes 14 alternative investment funds and five focused research organisations, with managers expected to mobilise private capital matching the fund's contribution

Non-metros emerge as key growth drivers for Amazon: V-P Saurabh Srivastava

Amazon India says non-metros account for 70-80 per cent of new customers, while demand for premium products rises in smaller cities and its Amazon Now quick-commerce service expands