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In Boost To EV Adoption, Ambulances Now Eligible For PM E-DRIVE Incentives

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In a bid to accelerate the adoption of EVs in the healthcare sector, the ministry of heavy industries (MHI) has extended the benefits of the PM E-DRI…

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L’Oreal To Acquire Majority Stake In BPC Startup Innovist

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Global cosmetics giant L’Oreal has signed an agreement to acquire a majority stake in beauty and personal care startup Innovist. However, the compan…

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Nykaa Surges To 52-Week High As Investors Cheer FY30 Roadmap

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Shares of Nykaa climbed 7.1% to touch a 52-week high of ₹301.30 on the BSE during the intraday trading, as investor sentiment improved after the BPC …

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Karnataka HC Orders ‘Immediate Release’ Of Gameskraft Cofounders

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The Karnataka High Court (HC) has ordered the immediate release of Gameskraft cofounders Vikas Taneja, Deepak Singh and Prithviraj Singh, calling the…

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Jio To File IPO Papers Before Reliance AGM On Friday: Report

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Reliance Jio Infocomm, the telecom arm of Reliance Industries Ltd (RIL), is expected to file its draft red herring prospectus (DRHP) for a $4 Bn IPO …

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BigBasket Founders Step Down, TruNativ Bags $30 Mn & More

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New Leadership Takes Over BigBasket It is the end of an era at BigBasket. Cofounders Hari Menon and Vipul Parekh have stepped down from daily operat…

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Indian Startups

Sarvam’s Unicorn Leap, Razorpay Files DRHP & More

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India Welcomes Its 130th Unicorn Sarvam AI has become India’s newest unicorn after raising $234 Mn in its ongoing Series B round led by tech giant H…

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Exclusive: AI Startup ContraVault Raises $3.1 Mn To Expand In The US

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AI startup ContraVault AI, which provides enterprises with an AI-powered procurement intelligence platform, has raised $3.1 Mn (₹29.3 Cr) in a pre-Se…

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Ex-Tech Mahindra Exec Rajashree R Joins Kalaari Capital

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Former Tech Mahindra executive Rajashree R has joined venture capital (VC) firm Kalaari Capital as a venture partner. In a post on LinkedIn , Rajas…

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How ONDC Plans To Digitise B2B Procurement For Kirana Stores Through DigiDukaan

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India’s neighbourhood kirana stores form the backbone of the country’s retail economy. More than 1.4 Cr kirana stores account for nearly 75-80% of FM…

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Amazon AI For Sellers, Weekly Funding Rebounds & More

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Amazon’s AI Gameplan For Sellers After consumers, Amazon is now moving AI to the seller side. The ecommerce major is rolling out a 24/7 AI assistant…

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Amazon Bets On AI-Powered Assistant To Streamline Seller Operations

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Ecommerce giant Amazon is embedding AI across its seller journey for its Indian users. At the core of this rollout is its AI-powered Seller Assistant…

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