Page 21 - Udisha Srivastav

Zomato board approves name change to Eternal Ltd, unveils new logo

The change of name is subject to the approval of shareholders, the corporate affairs ministry, and other statutory authorities

Hope 50% of our portfolio firms go public in 5 years: GSV Ventures CEO

He talks of India's edtech sector and the impact of artificial intelligence

AI will completely transform offline universities, says Sanjeev Sanyal

Sanyal stated that universities need to focus on creating new knowledge through research and development (R&D)

IPO-bound logistics unicorn Shiprocket may double down on acquisitions

MD and CEO says the firm will either acquire or develop in-house any capabilities it currently lacks

Indian professionals adopt AI, Gen AI at work but fear job loss: Report

The report, titled Global Workplace Skills Study 2025, noted that a staggering 96 per cent of Indian professionals use AI and generative AI

48% startups have at least one woman director: Economic Survey 2025

However, on the flip side, the reins of entrepreneurial ownership remain dominantly male-held

Budget: 5-year extension of incorporation deadline brings cheer to startups

In her 2025 Budget speech, FM Sitharaman announced an extension in the period of incorporation for startups by five years till April 1, 2030

Plan 500-city presence in next two quarters: Rapido co-founder Guntupalli

We handle close to 3 million rides daily, making us one of the largest players in this segment, said Rapido co-founder Guntupalli

Zepto introduces instant returns, exchange feature for select products

Zepto has introduced an instant return and exchange option on its app for categories like electronics, apparel, toys, sports, and kitchenware

Zomato rolls out in-app 10-minute food delivery service, Zomato Quick

Rivaling Swiggy's Bolt service, food aggregator Zomato has also launched its 10-minute food delivery offering called Zomato Quick

India's investment in artificial intelligence startups remains weak

As for the unicorns, the country had only one unicorn in the previous year

Edtech startup Leap raises $65 mn in Series E round led by Apis Partners

Company provides services for studying abroad, has raised $200 million in equity since 2019

Quick commerce unicorn Zepto completes reverse flip from Singapore to India

Sharing the update, Zepto co-founder and chief executive officer, Aadit Palicha, said the company has received formal approval from Singaporean courts and the National Company Law Tribunal (NCLT)

India's AI infrastructure falls short, needs more investments: VCs

Deep technology needs long funding cycles, they say as Chinese AI DeepSeek shakes up tech world with its AI model

OYO-owned flex space firm Innov8 raises Rs 110 cr at Rs 1,000 cr valuation

Funding will be used for acquisitions, technology and partnerships, says startup

The push and pull factors behind leadership exits in Indian startups

India produced just six new unicorns in 2024, a steep drop from 24 in 2022. Despite total startup funding rising to $11.4 billion in 2024 from $10.9 billion in 2023

R-Day Sale: Marketplaces, D2C brands log 16 mn transactions via Unicommerce

On the back of deal offerings and campaigns, marketplaces observed a notable 16 per cent year-on-year (Y-o-Y) growth in order items

Ola and Uber respond to CCPA notice, deny claims of fare disparity

On Thursday, the CCPA issued notices to Ola and Uber for allegedly charging different prices for identical routes based on the mobile phone operating systems (Android or iOS) of users

Ed-tech firm upGrad to build Institute of AI Excellence in Maharashtra

Under the 'Educity' initiative of Maharashtra, upGrad will also establish an Urban University and Campus Hubs in partnership with three global universities -

Winter sales keep R-Day offers under weather; online rebates galore

Lower stocks limit offline discounts