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Ecommerce Giants Woo Sellers With AI, Jar's Troubles & More

India, Aug. 18 -- Will Sellers Embrace AI Blitz? The AI war in the Indian ecommerce space is now moving into the seller realm. Online marketplaces are using AI tools to automate catalogues, forecast ... Read More


NeoGeo Bags $20 Mn To Scale Its Full-Stack Geospatial Business

India, Aug. 18 -- Geospatial technology startup NeoGeo has raised around $20 Mn (Rs.191 Cr) in a Series A funding round co-led by Neev II Fund and Aavishkaar Capital. Neev II is managed by SBI Ventur... Read More


The RDI Fund Row, PM's I-Day Address & More

India, Aug. 17 -- India's Deeptech Fund Hits A Hurdle India's Rs.1 Lakh Cr RDI fund promised to unlock patient capital for deeptech startups. However, its maiden allocation has sparked concerns of op... Read More


Sunil Mittal To Step Down As Airtel Payments Bank Chairman, Shabnam Sinha To Take Over

India, Aug. 17 -- Sunil Bharti Mittal is set to step down as the non-executive chairman of Airtel Payments Bank and leave its board after serving in the role for more than a decade. His tenure will c... Read More


Ola Electric Unveils Three New Energy Storage Products

India, Aug. 16 -- With an eye on bolstering its energy solutions business, electric vehicle (EV) maker Ola Electric yesterday announced the launch of three new battery energy storage systems (BESSs). ... Read More


Atomberg To Form JV With Voltas To Manufacture AC Compressors

India, Aug. 15 -- IPO-bound consumer appliances startup Atomberg has joined hands with Tata-owned Voltas to manufacture compressors for room air conditioners (ACs) in India. In a statement, Voltas sa... Read More


WeWork Inc Sells 2.5% Stake In WeWork India For Rs.244 Cr

India, Aug. 15 -- US-based WeWork Inc yesterday offloaded WeWork India shares worth Rs.244.1 Cr via multiple open-market transactions. As per BSE data, WeWork Inc sold 35 Lakh shares, or 2.53% stake,... Read More


Razorpay's ChatGPT Gambit, Snapchat's Next Big Quest & More

India, Aug. 14 -- Razorpay Wants To Put Indian Brands Inside ChatGPT As ChatGPT and other AI assistants move from answering questions to recommending products and facilitating purchases, Indian payme... Read More


Astrotalk's Unicorn Leap, Shiprocket IPO Day 1 & More

India, Aug. 13 -- India Welcomes Its 133rd Unicorn Astrotalk has become India's 133rd unicorn. The startup entered the coveted club after an ESOP buyback valued the platform at $1 Bn. The milestone c... Read More


SEBI Issues Show Cause Notice To Paytm Over 2023 Disclosure

India, Aug. 13 -- The Securities and Exchange Board of India (SEBI) has issued a show cause notice (SCN) to the key managerial personnel (KMP) of fintech major Paytm over alleged violations of disclos... Read More