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After OpenAI, Anthropic Says Claude Also 'Gained Unauthorised Access' To Real World Systems

India, July 31 -- Days after OpenAI disclosed that one of its AI models escaped a sandboxed testing environment and attempted to breach Hugging Face's production infrastructure, Anthropic has revealed... Read More


SUIND Bags Rs.20.5 Cr To Build Autonomous Surveillance Drones

India, July 30 -- Drone tech startup SUIND has raised Rs.20.5 Cr (around $2.1 Mn) in a seed funding round led by Transition VC. The round also saw participation from IIMA Ventures. The startup plans ... Read More


Swiggy's Food Delivery Profit Slips Sequentially As LPG Supply Disruption Hits Margins

India, July 30 -- Swiggy's food delivery business saw its profitability moderate sequentially in the first quarter of FY27 as restaurant order cancellations caused by an LPG supply disruption, seasona... Read More


Freehand Raises $75 Mn To Expand Enterprise AI Platform

India, July 29 -- Freehand, an AI startup building autonomous agents for enterprise supply chain operations, has raised $75 Mn (Rs.718 Cr) in a funding round co-led by Battery Ventures and NewRoad Cap... Read More


IPO-Bound OfBusiness' FY26 Profit Jumps 21% YoY To Rs.724 Cr

India, July 29 -- IPO-bound B2B ecommerce startup OfBusiness reported a 21% jump in its consolidated profit to Rs.724 Cr in FY26 from Rs.597 Cr in FY25. Its operating revenue remained largely flat at ... Read More


Fintech Startups To Watch: Startups That Caught Our Eye In July

India, July 29 -- The month so far has kept the Indian fintech sector busy, with the action shifting from the funding table to the listing gates. The headline move came from lending unicorn Moneyview,... Read More


Vishal Mega Mart Doubles Down On Quick Commerce Amid Retail Shift

India, July 28 -- Amid growing penetration of quick commerce in Indian retail, value retail chain Vishal Mega Mart is looking to double down on quick deliveries. Speaking during Q1 earnings call, mana... Read More


Delhi HC Orders Winding Up Of Paytm Payments Bank

India, July 28 -- Months after getting its banking licence revoked, Paytm Payments Bank (PPBL) has been served an order by the Delhi High Court (HC) to wind down its operations completely. In an orde... Read More


Delhi HC Grants BharatPe Interim Relief In Unity SFB Shareholding Dispute

India, July 28 -- The Delhi High Court has granted interim relief to fintech startup BharatPe by restraining Unity Small Finance Bank (SFB) from taking up a proposal to increase its authorised share c... Read More


Bombay HC Allows Nitin Gadkari To Sue Meta, Google, X Over Circulation Of Deepfakes

India, July 27 -- The Bombay High Court has granted Union minister Nitin Gadkari permission to institute a civil suit against Meta, Google, X and other entities over the alleged circulation of AI-gene... Read More