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Flipkart Launches 'Black' Membership Plan To Drive Revenue Growth

India, Aug. 25 -- Ecommerce major Flipkart has rolled out Flipkart Black, a paid subscription programme designed to rival Amazon Prime. The plan includes a free one-year YouTube premium subscription, ... Read More


Moglix FY25: Revenue Inches Closer To $700 Mn Mark, Loss Halves

India, Aug. 25 -- B2B ecommerce startup Moglix's operating revenue inched closer to the $700 Mn mark in the financial year ended March 2025. The Bengaluru-based startup reported an operating revenue o... Read More


Nazara's INR 1,000 Cr RMG Question

India, Aug. 25 -- What a week for India's gaming industry! From 'fun' to 'fraud' and even 'financing of terrorism' - real money gaming (RMG) has hit its rock bottom. The government looks determined t... Read More


Palmonas Mops Up INR 55 Cr To Scale Up Its Demi-Fine Jewellery Line

India, Aug. 25 -- Demi-fine jewellery startup Palmonas has raised INR 55 Cr (around $6.2 Mn) in a Series A funding round led by Vertex Ventures Southeast Asia & India (SEAI). It plans to use the fres... Read More


Jio Moment In AI Race? OpenAI, Perplexity, Google Unleash Discounts War In India

India, Aug. 25 -- When OpenAI rolled out its lowest pricing model for ChatGPT in India at INR 399 a month, it seemed like a seminal moment for the country's evolving AI landscape. ChatGPT Go, accordi... Read More


Mooving Cofounder Launches AI Venture TrusTerra To Power India's Used EV Market

India, Aug. 25 -- Smart swapping network Mooving's cofounder Tanvir Singh has launched an AI-based startup for used EV resale. The new venture, TrusTerra, launched alongside cofounders Saurabh Arora,... Read More


Ex-Coursera Executive Raghav Gupta To Lead Education For OpenAI In India

India, Aug. 25 -- ChatGPT parent OpenAI has appointed former Coursera MD for India and Asia Pacific, Raghav Gupta, to lead its education vertical in India and Asia Pacific. "We recently hired Raghav ... Read More


Smartworks IPO Case: SC Dismisses NGO Infrastructure Watchdog's Plea

India, Aug. 25 -- The Supreme Court (SC) has dismissed an appeal filed by New Delhi-based NGO Infrastructure Watchdog against coworking space provider Smartworks and markets regulator SEBI. "The orde... Read More


OYO To File IPO Papers In November, Targets $7-8 Bn Valuation

India, Aug. 25 -- Amid the ongoing startup IPO boom, hospitality major OYO is now reportedly planning to file its draft red herring prospectus (DRHP) in November. As per PTI, the Ritesh Agarwal-led s... Read More


Altum Credo Nets INR 170 Cr To Expand Tech-Driven Housing Finance Solutions

India, Aug. 25 -- Housing financier Altum Credo has secured INR 170 Cr ($19.4 Mn) in equity from its existing investor British International Investment (BII), the development finance arm of the UK gov... Read More