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Former OYO Executive's AI Cloud Platform Kluisz.ai Bags $9.6 Mn

India, July 23 -- Former OYO senior executive Abhinav Sinha's new GenAI-powered cloud infrastructure platform, Kluisz.ai, has emerged out of stealth mode and raised $9.6 Mn (INR 82.9 Cr) in its seed f... Read More


BYJU'S Cofounders' Defamation Suit Desperate & Meritless: Glas Trust

India, July 19 -- A day after cofounders of BYJU'S threatened to file a defamation lawsuit against certain "parties", Glas Trust, a consortium of the troubled edtech startup's lenders, has reportedly ... Read More


CoinDCX Crypto Heist: Hackers Steal Assets Worth $44 Mn

India, July 19 -- CoinDCX was hit by a major cyberattack earlier today, which saw hackers stealing assets worth $44 Mn (nearly INR 380 Cr) from the crypto exchange's internal operational account. "Th... Read More


Rebel Foods Reshuffle: Cofounder Ankush Grover Appointed Global CEO

India, July 19 -- In a major top-level reshuffle, IPO-bound cloud kitchen unicorn Rebel Foods has elevated cofounder and India CEO Ankush Grover to the post of global CEO. "We are pleased to announce... Read More


Reliance Rolls Out 4-Hour Fashion Delivery Service 'AJIO Rush' In 6 Cities

India, July 18 -- As quick deliveries become the norm, Reliance Retail Ventures Limited (RRVL) is pushing the pedal on fashion quick commerce. The retail giant launched a four-hour apparel delivery se... Read More


Flipkart-Backed super.money Plans Stock Broking Foray

India, July 18 -- As fintechs make a beeline for the stock broking space, Flipkart-backed super.money has become the latest startup to explore entry into the segment. In a post on X, super.money cofo... Read More


Unveiling The D2C & Retail Summit 2025 Agenda: What's Driving The Future Of New Commerce In India

India, July 18 -- How do you picture retail? Ride back a few decades, you would think of the humble mom-and-pop store in the neighbourhood, or the local market, at the most. Reset the time machine to... Read More


Lenskart Adds Smart Glasses To Cart, The Stock Broking Gold Rush & More

India, July 18 -- Lenskart Adds Smart Glasses To Its Cart Lenskart is reframing its future. Next week, the omnichannel eyewear giant will announce its foray into the smart glasses segment in partners... Read More


BYJU'S Cofounders To Seek $2.5 Bn In Damages

India, July 18 -- Troubled edtech startup BYJU'S cofounders are planning to take legal action to seek monetary damages to the tune of $2.5 Bn from "parties" which have caused damage to them "personall... Read More


Maharashtra Govt Initiates Legal Action Against 'Illegal' Bike Taxi Platforms

India, July 17 -- Maharashtra transport department has reportedly initiated legal action against bike taxi platforms for illegally operating in the Mumbai metropolitan region. As per news agency PTI,... Read More