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Nykaa Targets Fashion Business EBITDA Break-Even In FY26

India, June 27 -- Listed beauty major Nykaa is targeting EBITDA (Earnings before interest, tax, depreciation and amortization) break-even for its fashion vertical in the ongoing financial year (FY26).... Read More


Scapic Founders' ShopOS Bags $20 Mn To Build AI-Based Ecommerce Solutions

India, June 26 -- AI-based ecommerce operating system platform ShopOS, launched by Scapic cofounders, has raised $20 Mn (around INR 171.4 Cr) in a seed funding round from Binny Bansal's investment veh... Read More


Karnataka ARR Likely To Reverse GST Ruling On Namma Yatri: Report

India, June 26 -- The Karnataka's Authority for Advance Ruling (ARR) is reportedly considering reversing its earlier ruling on ride hailing platform Namma Yatri that said the company is not liable to ... Read More


Former ideaForge Executive's Armory Bags Funding To Build Defence Tech Systems

India, June 25 -- Former ideaForge chief marketing officer Amardeep Singh's defence tech startup Armory has raised INR 13 Cr (around $1.5 Mn) in an undisclosed funding round led by growX ventures. Th... Read More


The Missing AI In Builder.ai: How Microsoft Backed Unicorn Blew $450 Mn

India, June 25 -- Builder.ai billed itself as a no-code artificial intelligence platform, and in the end, the company seems to have taken the no-code part too seriously. Once an AI unicorn, today, th... Read More


Darwinbox Concludes INR 86 Cr ESOP Buyback

India, June 24 -- Just a few months after raising $140 Mn in a funding round, HR tech unicorn Darwinbox has now completed an INR 86 Cr (around $ 9.7 Mn) employee stock ownership plan (ESOP) buyback, b... Read More


Darwinbox Completes INR 86 Cr ESOP Buyback

India, June 24 -- Just a few months after raising $140 Mn in a funding round, HR tech unicorn Darwinbox has now completed an INR 86 Cr (around $ 9.7 Mn) employee stock ownership plan (ESOP) buyback, b... Read More


Crisis-Hit BluSmart's App Breaks Down

India, June 24 -- Months after it suspended cab booking services, troubled EV ride-hailing startup BluSmart's app has stopped working. On opening, BluSmart's app is crashing and displaying a message ... Read More


Google Brings AI Mode Search Experience To India

India, June 24 -- Strengthening its position in India's booming artificial intelligence market, Google has now announced the launch of its AI Mode in the country . The feature will allow users to ask... Read More


Google Brings 'AI Mode' Search Experience To India

India, June 24 -- Strengthening its position in India's booming artificial intelligence market, Google has now announced the launch of its AI Mode in the country . The feature will allow users to ask... Read More