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Hocco Cofounder's D2C Healthy Snacking Brand Phab Nets $4 Mn

India, June 3 -- Healthy snacking startup Phab has raised $4 Mn in a Pre-Series A funding round led by OTP Ventures and Chona Family Office. The D2C brand plans to utilise the fresh capital for brand... Read More


SoftBank Offloads Lenskart Shares Worth Rs.2,873 Cr

India, June 3 -- Lenskart's early backer SoftBank has sold 5.65 Cr shares in a block deal worth Rs.2,873.3 Cr. As per NSE data, the firm, via its SoftBank Vision Fund (SVF) II Lightbulb (Cayman) Ltd,... Read More


Sarvam's Voice Stack, Layoffs At Interview Kickstart & More

India, June 3 -- Sarvam To Roll Out Voice Agents For Public Sarvam is preparing a major commercial push. The homegrown AI giant is opening its voice AI platform to the public, moving beyond enterpris... Read More


Vanguard Marks Down Ola Consumer Valuation To $70 Mn

India, June 3 -- US-based asset manager Vanguard has slashed the valuation of ride-hailing startup Ola Consumer to about $70 Mn, according to its latest filing with the US Securities and Exchange Comm... Read More


BlueStone Projects Rs.12,000 Cr Revenue For FY30

India, June 3 -- Omnichannel jewellery brand BlueStone is betting on its aggressive store expansion over the past few years to help it achieve an annual revenue of Rs.12,000 Cr in FY30, almost 5X of i... Read More


IPO-Bound Table Space Appoints Ashwin Chandrasekar As CITO

India, June 3 -- Managed workspace provider Table Space today announced the appointment of Ashwin Chandrasekar as its chief information & technology officer (CITO) ahead of its planned initial public ... Read More


Apple Agrees To Share India Financials With CCI In App Store Antitrust Case

India, June 3 -- iPhone maker Apple has agreed to submit the financial details of its India business to the Competition Commission of India (CCI). The development comes after months of disagreement b... Read More


Nivasa Capital Gets RBI NBFC Licence, To Extend Secured Mortgage Credit

India, June 3 -- Housing finance startup Nivasa Finance's subsidiary Nivasa Capital has secured the approval of Reserve Bank of India (RBI) to operate as a non-banking financial company (NBFC). The c... Read More


India Gets Access to Anthropic's Mythos AI Model Under Project Glasswing

India, June 3 -- IPO-bound AI giant Anthropic has expanded access to its cybersecurity AI model Mythos under 'Project Glasswing' to around 150 organisations across more than 15 countries, including In... Read More


PhonePe-Owned Indus Appstore Cofounder Akash Dongre Steps Down

India, June 3 -- PhonePe-owned mobile app marketplace Indus Appstore's cofounder and CPO Akash Dongre has stepped down from his role. "After more than a decade of building, I'm taking time to pause, ... Read More