Page 5 - Udisha Srivastav

Dixon-Vivo joint venture inches close to securing final govt approval

The proposed joint venture has already secured clearance from an inter-ministerial panel, with formal government approval expected soon to operationalise the partnership

Oyo parent PRISM files updated IPO papers, aims to raise ₹6,650 crore

Hospitality-tech firm plans a ₹6,650 crore fresh issue with no offer for sale, while most of the proceeds will be used to repay borrowings and strengthen its balance sheet

Ride-hailing platform Uber launches new safety features for riders, drivers

Uber has introduced in-app ride recording, ambulance assistance, trip verification PINs and anti-distracted driving features to strengthen rider and driver safety

IIMA Ventures launches AI residency programme for student entrepreneurs

The month-long, fully funded programme has selected 43 students from more than 11,000 applicants to help transform AI-led startup ideas into validated ventures

Platforms challenge Karnataka gig workers' Act, flag double payout

Platforms say it increases compliance burden given nationwide framework

Restrictive digital rules can slow startup formation, VC funding: Report

An Oxford Economics report says a restrictive digital regulatory regime could reduce startup formation by 20 per cent and venture capital investment by 25 per cent

Lytmus AI raises ₹5 crore in pre-seed round led by Boundless Ventures

The ed-tech startup will use the fresh capital to strengthen its AI capabilities, expand its NEET-focused platform and build personalised AI mentors for students

Prabhjeet Singh of Uber India resigns, set to join ChatGPT maker OpenAI

Speaking on the development, a company spokesperson said India is one of Uber's most important markets globally and an important driver of innovation and long-term growth

BigBasket's Hari Menon says he was 'in denial' about quick commerce

Stepping down as CEO, Hari Menon says BigBasket initially underestimated quick commerce and now expects the Tata-owned firm to prioritise profitability over market share

Amazon investment in India hits $48 billion with $13 billion fresh bet

Announcement comes after CEO Jassy meets PM

India tech funding rises 12% to $7.2 bn in H1 2026 but deal count shrinks

Technology startups raised $7.2 billion in the first half of 2026, with larger funding rounds driving growth even as deal volumes, investor participation and first-time funding declined

Health-tech start-up SuperLiving raises $7 million led by Lightspeed

Health-tech start-up SuperLiving has raised $7 million in a Series A round led by Lightspeed to expand its AI-driven wellness and preventive healthcare platform

India tech funding rises to $7.2 billion in H1 2026, but deal count shrinks

India's tech startups raised $7.2 billion in H1 2026, but deal volume dropped sharply as investors concentrated capital in fewer companies

SaffronStays secures $3.5 million funding led by Infinity Ventures

The hospitality startup will use the funds to expand across leisure destinations, invest in technology and strengthen its portfolio of managed holiday homes

Swiggy Instamart COO Ankit Jain, CBO Hari Kumar resign amid reshuffle

The leadership changes come as competition intensifies in the quick-commerce segment, with incumbents and new entrants accelerating expansion plans

ClickPost's AI agent Parth tackles non-delivery issues of ecommerce players

The AI-powered voice agent automates customer outreach after failed deliveries, helping ecommerce brands reduce return-to-origin shipments and improve delivery success rates

Expiry date display on ecom platforms is under consumer dept rules: Fssai

Food regulator says declarations on e-commerce platforms are governed by Legal Metrology Rules, amid complaints over missing shelf-life details online

Will Kunal Shah be able to deliver on Meta's goal to monetise WhatsApp?

Shah has a portfolio of about 298 companies, focusing primarily on sectors such as consumer tech, fintech, SaaS, climate tech, AI and edtech

Info Edge invested in over 50 AI, deep-tech companies since 2020

Naukri parent has invested more than Rs 1,000 crore across over 50 AI and deep-tech startups since 2020, with its overall startup portfolio now valued at Rs 41,300 crore

Startup discovery platform Ideabaaz buys stake in KickSky Space Lab

The partnership aims to identify, support and scale Indian deep-tech and space-tech startups by connecting founders with specialised networks, investors and global growth opportunities