Page 16 - Start Ups

Unacademy co-founders may step back, refocus on new edtech venture Airlearn

Gaurav Munjal and Roman Saini are set to step back from Unacademy's operations as the firm prepares a leadership shift and spins off its language platform Airlearn

AWS backs India's $1 trillion digital economy push with Generative AI

Satinder Pal Singh of AWS India explains how cloud and AI tools are helping enterprise, startups and public platforms scale innovation across key sectors

Bengaluru startup Frinks AI raises $5.4 mn to expand Vision AI solutions

Frinks AI, which builds Vision AI tools for visual inspection in sectors like automotive and medical devices, will use funds to expand in the US and boost R&D

Quadria closes $1.07 bn healthcare fund, seeks growth in India and S Asia

Singapore-based company says it has largest dedicated healthcare PE fund for South and Southeast Asia

Citykart raises Rs 538 crore in Series B round led by TPG NewQuest, A91

The funding will support Citykart's expansion across India's underserved markets or Bharat, with plans to scale operations, invest in innovation, and strengthen organisational capabilities

Myntra taps Google Cloud's AI to elevate home decor shopping journey

Dream Room Inspirations uses generative AI and Imagen 3 to help shoppers visualise personalised interiors, boosting Myntra's push into the home category

Auxano Capital eyes final close of two funds, 3-4 exits by year-end

VC firm Auxano Capital aims to close two funds worth ₹200 crore each by end-2025 and plans 3-4 startup exits, with investments nearing ₹200 crore across 34 startups

Flipkart expands quick commerce to tier-2 and tier-3 cities nationwide

Flipkart Minutes aims to scale rapidly to 800 dark stores by year-end, using existing logistics to reach smaller cities and challenge Blinkit, Instamart, and Zepto

Prosus CEO Bloisi sets sights on $50 bn India portfolio with AI focus

"My intention is to invest a few billion dollars more in India," Bloisi told Business Standard during a media roundtable

E-commerce giants Flipkart, Amazon deepen fashion push in smaller cities

Flipkart's ethnic wear and Amazon's Serve store are driving fashion growth in Tier 2 and 3 cities with rising Gen Z demand and expanding customer bases

AI hyped but better grounded than crypto, says Red Hat CTO Chris Wright

Chris Wright compares AI trajectory to early days of cloud tech; Red Hat to focus on enabling flexible infrastructure for AI workloads across platforms

PierSight gains strategic investors to grow satellite maritime surveillance

Backed by Sustainable Ocean Alliance and CE-Ventures, PierSight aims to scale its SAR satellite constellation, boost ocean intelligence, and grow its engineering team

Razorpay, MeitY Startup Hub partner to boost India's deep-tech startups

Initiative aims to support early-stage ventures with fintech tools, mentorship and infrastructure - especially in Tier 2 and Tier 3 cities

CloudSEK raises $19 million for AI-led innovation, global expansion

CloudSEK secures funding from Indian and US investors to boost AI capabilities and expand internationally, with the US emerging as its fastest-growing revenue region

Uber joins ONDC to offer metro ticketing in Delhi, eyes B2B logistics

Uber plans to expand metro ticketing to three more cities by end-2025 and launch B2B logistics on ONDC, starting with food delivery and scaling to other sectors

Byju Raveendran eyes return via AI model, says students will be compensated

BYJU'S CEO Byju Raveendran apologises for past service disruptions, pledges compensation to affected students, and outlines vision for AI-powered BYJU'S 3.0

Bookings to Turkiye, Azerbaijan and China remain blocked: Ixigo CEO

Bookings to Turkiye, Azerbaijan, and China remain suspended amid geopolitical tensions as Ixigo projects double-digit revenue growth and stronger user spending

Oyo adds over 3,500 corporate clients in FY25, records 20% growth

With over 6,500 corporate clients and a 20 per cent YoY increase, Oyo sees strong growth in business travel, led by Mumbai and boosted by its Oravel Travel Solutions vertical

Cognizant says winning large and mega deals regularly helping growth

With 24 large deals won last year and four in Q1, Cognizant says its ecosystem for securing mega contracts is key to regaining a top-four global IT services ranking

Quick commerce unicorn Zepto starts testing new feature 'Swap & Save'

Zepto's new feature suggests lower-priced alternatives to items in user carts, starting with ice creams, while also announcing Zepto Atom for brand analytics