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Razorpay Files Confidential IPO Papers To Raise $600 Mn

India, June 15 -- Fintech major Razorpay has filed its draft red herring prospectus (DRHP) for an IPO through the confidential route, as per a newspaper advertisement. The Peak XV Partners-backed fin... Read More


Anthropic's Fable 5, Mythos 5 Access Suspension Rekindles Sovereign AI Debate

India, June 13 -- Just three days after launching Claude Fable 5, which it described as its most capable AI system yet, Anthropic has been forced to suspend access to the model after an intervention f... Read More


US-Based Opendoor Lays Off Entire India Team Of 250 Employees

India, June 11 -- US-based proptech company Opendoor has laid off its entire India team, affecting around 250 employees in total as it builds leaner AI-native teams on its home turf. "We are finalisi... Read More


Zoho Launches In-House Server 'Nathu La' To Lower AI Inference Costs

India, June 10 -- Enterprise SaaS major Zoho has unveiled its in-house designed server platform, Nathu La, to cut AI inference costs and bolster end-to-end technology sovereignty from hardware to soft... Read More


Zepto FY26: Loss Jumps 26% YoY To Rs.5,905 Cr, Revenue Doubles

India, June 9 -- IPO-bound quick commerce major Zepto's consolidated net loss jumped 26% during the financial year ended March 2026 (FY26) to Rs.5,905 Cr from Rs.4,695.4 Cr in the preceding fiscal yea... Read More


After PhonePe, Curefoods Puts IPO Plans On Hold Amid Market Turmoil: Report

India, June 8 -- Cloud kitchen startup Curefoods has put its IPO plans on hold amid the ongoing turmoil in the Indian equities market and concerns over its potential valuation. The Olio's Pizza owner... Read More


How ED's Parimatch Probe Brought Zepto Into Focus

India, June 5 -- The Enforcement Directorate asked IPO-bound quick commerce platform Zepto to join its investigation into alleged money laundering linked to Parimatch, a Cyprus-based betting platform ... Read More


RENEE Cosmetics' Revenue Crosses Rs.400 Cr Mark In FY26, Loss Down 46% YoY

India, June 5 -- Beauty and personal care (BPC) startup RENEE Cosmetics' cofounder and CEO Ashutosh Valani told Inc42 that the brand cut its FY26 net loss by 46% to Rs.36 Cr from Rs.67 Cr incurred in ... Read More


Kuku Files Draft Papers Confidentially For Rs.3,500 Cr IPO

India, June 4 -- Audio OTT startup Kuku has filed its DRHP through the confidential route to raise up to Rs.2,500 Cr - Rs.3,500 Cr (about $261 Mn to $366 Mn) through its IPO. The startup is targeting ... Read More


Dhan Parent Raise Launches 'Millions' Investment App Targeting Gen Z

India, June 4 -- Investment tech platform Dhan's parent Raise Financial Services has launched a new investment app, Millions, targeting Gen Z and first-time investors. The app enables users to invest... Read More