Page 8 - Udisha Srivastav

Festive rush propels Skye Air to target 300k drone shipments this October

Drone startup Skye Air expects record festive volumes, partners with Blue Dart, DTDC, Shiprocket, and Ecom Express; plans city-wise expansion to Bengaluru and beyond in 2025

Swiggy introduces 'No Added Sugar' food category across 10 cities

Swiggy's new category offers over 150,000 items from 50,000 restaurants across 10 cities, following Zomato's recent 'Healthy Mode' rollout

Artha India Ventures announces first close of ₹500 cr Artha Venture Fund II

The Rs 500 crore micro VC fund will invest in 36 early-stage startups across premium consumption, fintech, AI, and deep tech themes

Aavishkaar Group, Jamwant launch Rs 500-cr fund for defence, deep tech

Aavishkaar Group and Jamwant Ventures have launched a Rs 500-crore fund to invest in defence and deep-tech startups, targeting 15-25 companies at seed and Series A stages

India sets sights on 10% of global 6G patents: Telecom minister Scindia

Telecom minister Jyotiraditya Scindia says India's telecom vision goes far beyond 5G, with focus on 6G innovation, Satcom expansion and homegrown tech capacity

Jio rolls out foundational course on AI for students and beginners

Powered by JioPC, and in collaboration with the Jio Institute, the four-week programme was announced on the inaugural day of India Mobile Congress 2025

PhysicsWallah expands to 4.46 mn paid users in FY25, up 153% from FY23

In FY25, the platform recorded 4.13 million unique transacting users on its online channel and expanded its offerings to 13 education categories

EcoEx raises $4 million to expand waste-tech and clean solutions

EcoEx's $4 million seed funding from Dovetail Global Fund and others will fuel tech upgrades, expansion, and ESG-aligned waste management solutions across India

Festival cheer: Gifting platforms unwrap 50% growth on quick commerce

From cakes and curated hampers to flowers and chocolates, qcom is rewriting the rules of festival gifting

Startups get a makeover, rename parent firms to signal scale, IPO readiness

The latest to join this rebranding wave is Oravel Stays Limited, the parent company of OYO, which earlier this month unveiled a new corporate identity - PRISM

Low VC funding, regulatory hurdles challenges to biotech growth: BIRAC MD

India targets a $300 billion bioeconomy by 2030, up from $165 billion in 2024.

Festival sales: Quick-commerce leads with over 85% order volume growth

Unicommerce analysis shows quick commerce outpacing e-commerce in festive week order volumes, led by FMCG, beauty, wellness, electronics and strong Tier-II, Tier-III city demand

Zomato launches Healthy Mode feature, rates dishes on nutritional value

Zomato's new Healthy Mode feature assigns scores to meals based on nutrition, using AI and restaurant data to help users pick healthier options across categories

IPO-bound PhysicsWallah to invest ₹460 crore in offline, hybrid centers

PhysicsWallah will use ₹460.55 crore from IPO proceeds to set up Vidyapeeth, Pathshala and Other Centers across India and select overseas markets to expand offline reach

Abhishek Maheshwari joins OneAssist as CEO to drive expansion and AI push

OneAssist has appointed Abhishek Maheshwari as CEO to lead business strategy, AI adoption and expansion into new categories and geographies to serve more households

Duro Capital hits first close of ₹200 crore on maiden India AIF offering

Duro Opportunities Fund, a Sebi-registered AIF, aims to raise ₹1,000 cr from Indian family offices for concentrated bets on listed companies across sectors

Xbattery raises $2.3 mn seed funding led by Bipin Patel Family Office

Hyderabad-based deep-tech startup Xbattery has raised $2.3 mn in seed funding led by Bipin Patel Family Office to scale BharatBMS and strengthen India's EV and energy storage ecosystem

Swiggy to transfer Instamart to wholly owned subsidiary via slump sale

Swiggy approved the transfer of its Instamart quick commerce business to Swiggy Instamart Pvt Ltd through a slump sale to create a focused entity for long-term growth

Ex-Zomato CEO Rakesh Ranjan joins Allen Online to lead digital growth

Allen has named ex-Zomato chief Rakesh Ranjan as CEO of Allen Online to scale AI-powered learning, succeeding Abha Maheshwari, who stepped down after two years in the role

Good Capital closes its second fund with investments in AI-powered startups

Venture capital firm Good Capital has closed its second fund at $30 million, aiming to back AI-driven startups after supporting companies like Meesho, Orange Health, and LEAD School