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Ola Krutrim Lays Off 50 Employees In Fresh Job Cuts

India, Sept. 2 -- AI unicorn Ola Krutrim has reportedly cut about 50 roles in its linguistics team as part of a strategic restructuring drive. A report by ET said that those affected by the exercise ... Read More


Offgrid Energy Labs Bags $15 Mn To Take ZincGel Batteries Mainstream

India, Sept. 2 -- Battery tech startup Offgrid Energy Labs has raised $15 Mn (around INR 132 Cr) in a Series A round led by Archean Chemicals Industries. The round also saw participation from existing... Read More


Venturi Partners Marks First Close Of Its Second Fund At $150 Mn

India, Sept. 2 -- Consumer-focussed VC firm Venturi Partners has marked the first close of its second fund at $150 Mn (around INR 1,300 Cr). The fund has a target corpus of $225 Mn (about INR 2,000 Cr... Read More


MPL To Lay Off 60% Of India Staff: Report

India, Sept. 1 -- Gaming unicorn Mobile Premier League (MPL) plans to let go of around 60% of its India workforce following the ban on online real money games (RMG). MPL cofounder Sai Srinivas Kiran,... Read More


After MPL, PokerBaazi To Sack 50% Of Its Workforce

India, Sept. 1 -- Nazara Technologies-backed Moonshine Technology, which operated PokerBaazi, has started laying off its employees following the ban on real money gaming (RMG) in India. Sources told ... Read More


Priya Mohan Steps Down As Partner At General Catalyst

India, Aug. 30 -- Priya Mohan, partner at VC firm General Catalyst, has stepped down from her role. In a LinkedIn post, Mohan said she intends to take a break. ". After 22 years of an amazing and rew... Read More


Jio Unveils AI-Powered Smart Glasses 'Jio Frames'

India, Aug. 29 -- Jio unveiled its AI-powered smart glasses 'Jio Frames' during Reliance Industries Ltd's (RIL's) 48th annual general meeting today. Akash Ambani, chairman of Reliance Jio Infocomm, s... Read More


Dream11-Owned FanCode To Shut Sports Merchandise Business

India, Aug. 28 -- Sports media startup FanCode, a subsidiary of Dream11 parent Dream Sports, is set to shut its online sports merchandise business, FanCode Shop, by October this year. The startup dec... Read More


Dream Sports-Owned FanCode To Shut Sports Merchandise Business

India, Aug. 28 -- Sports media startup FanCode, a subsidiary of Dream11 parent Dream Sports, is set to shut its online sports merchandise business, FanCode Shop, by October this year. The startup dec... Read More


WeWork India FY25: Posts INR 128 Cr Profit On Deferred Tax Gains

India, Aug. 26 -- IPO-bound coworking startup WeWork India reported its first profitable year in FY25, posting a profit after tax (PAT) of INR 128.2 Cr as against a loss of INR 135.7 Cr in the previou... Read More