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Walmart Takes $700 Mn Hit From IPO-Bound PhonePe's ESOP Compensation

India, Nov. 20 -- Walmart's international business saw a sharp drop in profit in the September (Q3 FY26) quarter after it booked a $700 Mn non-cash, share-based compensation charge tied to PhonePe's u... Read More


Ultrahuman Secures INR 100 Cr Debt Amid US Ban

India, Nov. 20 -- Smart ring manufacturer Ultrahuman has raised INR 100 Cr ($11.2 Mn) in venture debt from Alteria Capital as it looks to scale its products and expand into more markets. The Bengalur... Read More


Zomato to Share Customer Contact With Restaurants Only After Consent: CEO Mangla

India, Nov. 20 -- After a news report about Zomato's user data sharing plans triggered an online debate, its CEO Aditya Mangla clarified that the plans pertain to a new in-app feature that will allow ... Read More


TCS Ropes In TPG As Investor To Build INR 18K Cr AI Data Centres

India, Nov. 20 -- As part of its AI infrastructure push, Tata Consultancy Services (TCS) has brought in global investment firm TPG as a major investor in HyperVault - the IT giant's newly formed AI da... Read More


Agraga Nets INR 100 Cr To Digitise Cross-Border Logistics For MSMEs

India, Nov. 20 -- Digital freight forwarding startup Agraga has raised INR 100 Cr (about $11.3 Mn) in its pre-Series B funding round led by Bajaj Finserv Group. The round also saw participation from e... Read More


CtrlB Raises $2.5 Mn To Help Enterprises Cut Observability Costs

India, Nov. 20 -- Most companies today collect huge amounts of data from their apps and systems to help their engineers find and fix problems quicker. However, the volume has grown so much that most t... Read More


BTS 2025: Karnataka Shifts Gears From IT Services To Deeptech

India, Nov. 20 -- It was an action-packed second day at the Bengaluru Tech Summit 2025. Karnataka, which built India's software economy, used the event to outline its plan for the next decade, a shift... Read More


Pidge Raises INR 120 Cr To Deepen Presence In Tier II & III Cities

India, Nov. 19 -- Logistics SaaS startup Pidge has raised INR 120 Cr in its Series A round led by Spain-based investment firm La Vida es Chula (LVEC). This was LVEC's first investment in India. The s... Read More


India's Data Privacy Rules: Will DPDP Act Compliance Costs Crush Startups?

India, Nov. 19 -- Two years after the Digital Personal Data Protection (DPDP) Act laid the foundation for India's privacy framework, the government has now notified the DPDP Rules 2025. The rules whic... Read More


Global Cloudflare Outage Takes X, ChatGPT, Others Offline

India, Nov. 18 -- A major Cloudflare outage on Tuesday evening disrupted several global websites and apps, including X, ChatGPT, Perplexity, Spotify and PayPal. The issue caused widespread "500 errors... Read More