Page 18 - Start Ups

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

Instamart will now deliver products from Home Centre in 10 minutes

India's leading home decor and furniture brand debuts on quick commerce, offering 10-minute delivery of lifestyle and kitchen products across key metro cities

Myntra expands the 'Rising Stars' programme to back D2C home brands

Homegrown brands like Sleepyhead and Chumbak join Myntra Rising Stars Home Edit with curated selections across decor, furnishings, smart cookware and more

Zepto to launch its subscription-based analytics platform, 'Zepto Atom'

Zepto Atom will offer brands hyperlocal insights, predictive analytics and full-funnel consumer behaviour data, aiming to disrupt India's ₹1,000 crore analytics market

AI agents can transform customer experience, says Arundhati Bhattacharya

As job roles shift and demand for empathy grows, AI agents are set to change how industry and business are impacted, says Salesforce regional head and former SBI chairperson Arundhati Bhattacharya

BluSmart drivers look to join other platforms, but struggle with costs

With high joining costs and daily rentals payable, former BluSmart drivers say they simply can't afford joining most other platforms

AI infrastructure startup Flam raises $14 million in Series A round

Flam will use the capital to scale its GenAI product suite, expand across North America, Europe and the Middle East, and deepen mixed reality infrastructure in Asia

Group of senior executives exit IPO-bound Flipkart in recent months

Departures come as Flipkart gears up for a $60-70 billion IPO and expands its quick-commerce play against rivals like Blinkit, Swiggy Instamart, and Zepto

Motilal Oswal, Raamdeo Agrawal buy shares worth $100 million in Zepto

Both investors acquire shares from Zepto's early foreign backers at a $5 billion valuation as the firm aims for majority domestic ownership before going public