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IndiaAI Mission: Fractal, Tech Mahindra Among 8 New Players Picked To Build LLMs

India, Sept. 18 -- The Centre has selected eight new entities to develop homegrown foundational large language models (LLMs) under the IndiaAI Mission. Tech Mahindra, Fractal Analytics, Avataar AI, Z... Read More


Now, Gameskraft Lays Off 120 Employees

India, Sept. 18 -- Adding to the long-list of gaming startups which have sacked employees following the passing of the Promotion and Regulation of Online Gaming Act, 2025 in the Parliament, Gameskraft... Read More


Amazon Seller Services Trims Loss 89%, Revenue Crosses INR 30K Cr In FY25

India, Sept. 17 -- Amazon India's marketplace arm, Amazon Seller Services, sharply reduced its losses in FY25, reporting a loss of INR 374.3 Cr - a nearly 90% decline from the INR 3,469.5 Cr loss reco... Read More


How boAt's Trademark Infringement Suit Forced Boult To Rebrand

India, Sept. 16 -- D2C consumer electric brand Boult Audio's much-publicised rebranding to GoBoult last month was pitched as the start of a fresh chapter. At the time, the brand's cofounder and CEO Va... Read More


InCred Money Raises INR 250 Cr At INR 1,650 Cr Valuation

India, Sept. 16 -- InCred Money, the wealth and asset management arm of InCred Group, has raised INR 250 Cr (around $30 Mn) from a group of investors including Manipal Group chairman Ranjan Pai, forme... Read More


Ex-100Unicorns' Partners Float New VC Firm Spotlight Strategic Partners, Launch INR 200 Cr Maiden Fund

India, Sept. 16 -- Ex-100Unicorns' partners Rajesh Mane and Ankit Jain have launched a new venture capital (VC) firm Spotlight Strategic Partners to back early-stage Indian startups across various sec... Read More


Urban Company IPO: Accel To Rake In 27X Gain, Elevation To Pocket 19X Return

India, Sept. 16 -- With shares of Urban Company expected to start trading tomorrow following its INR 1,900 Cr IPO, the company's early investors like Accel, Elevation Capital, Tiger Global, among othe... Read More


Pascal AI Raises $3.1 Mn From Kalaari, Info Edge Ventures To Automate Investment Research

India, Sept. 15 -- Fintech-focussed AI SaaS startup Pascal AI Labs has raised $3.1 Mn (about INR 26 Cr) in its seed funding round led by Kalaari Capital. The round also saw participation from Norwest ... Read More


CRED Adds Gold, Credit Card, Members-Only 'Sovereign' Club To Its Super App

India, Sept. 15 -- Fintech unicorn CRED has rolled out a new set of services and products for its users, including a co-branded credit card, an expanded personal finance management feature, and an inv... Read More


Myntra's FY25 Profit Surges 18X To INR 548 Cr

India, Sept. 13 -- Myntra, the fashion ecommerce arm of Flipkart, saw its net profit zoom about 18X to INR 548 Cr in FY25 from INR 31 Cr in the previous fiscal year due to improvement in margins. The... Read More