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[Update] After Quitting Uber, Prabhjeet Singh To Join OpenAI As India MD

India, June 26 -- Update | June 26, 22:21 IST Hours after it emerged that Prabhjeet Singh had stepped down as Uber India head, he will now join AI juggernaut OpenAI as managing director (MD) for Indi... Read More


BYJU'S Lenders Seek 30% Stake In Aakash To Settle Legal Battle: Report

India, June 26 -- Global lenders of the embattled edtech firm BYJU'S are in advanced talks to acquire a roughly 30% stake in Aakash Educational Services, an offline coaching institute partly owned by ... Read More


Uber India Head Prabhjeet Singh Steps Down

India, June 26 -- Prabhjeet Singh, who has been heading Uber's operations in India for over a decade now, has stepped down. "India is one of Uber's most important markets globally, an important drive... Read More


PharmEasy Cofounders' Home Interiors Startup AllHome Raises Rs.200 Cr

India, June 26 -- Home improvement startup AllHome has raised Rs.200 Cr (about $21 Mn) in its Series B round led by Bessemer Venture Partners. The round, which also saw participation from Stride Vent... Read More


What Changes With RBI's New Directions On Credit On UPI?

India, June 25 -- A few years after launching credit on UPI, the RBI has now reiterated the regulatory framework governing credit on UPI, bringing the rules for pre-sanctioned credit lines in line wit... Read More


SaffronStays Nets $3.5 Mn To Scale Holiday Home Network

India, June 24 -- Hospitality platform SaffronStays has raised $3.5 Mn (around Rs.29 Cr) in a mix of primary transactions and a secondary stake sale. Infinity Ventures led the fresh capital infusion ... Read More


Cyber Risk And Insurance Startup Mitigata Raises $15 Mn

India, June 23 -- Cyber risk and insurance startup Mitigata has raised $15 Mn (about Rs.141 Cr) in its Series B funding round led by Bessemer Venture Partners. Existing investors Nexus Venture Partner... Read More


Ola Electric Secures BIS Certification For Its In-House Developed LFP Cell

India, June 23 -- Ola Electric said its subsidiary Ola Cell Technologies has received a certification from the Bureau of Indian Standards (BIS) for its indigenously developed LFP 46100 cylindrical cel... Read More


Info Edge's AI, Deeptech Playbook: Rs.1,003 Cr Portfolio Across Over 50 Startups

India, June 22 -- In a shareholders' letter explaining its investment thesis, Zomato-backer Info Edge revealed that it has invested Rs.1,003 Cr across 54 AI and deeptech startups from 2020 until March... Read More


Info Edge's AI, Deeptech Playbook: Rs.1,003 Cr Portfolio Across 54 Startups

India, June 22 -- In a shareholders' letter explaining its investment thesis, Zomato-backer Info Edge revealed that it has invested Rs.1,003 Cr across 54 AI and deeptech startups from 2020 until March... Read More