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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


BigBasket To Get New CEO As Hari Menon To Step Down

India, Sept. 2 -- Tata Group-owned BigBasket may get a new CEO as the cofounders of the quick commerce player are reportedly in discussions with the conglomerate to step away from day-to-day operation... Read More


LeafyBus Secures $4.1Mn Funding To Add To Electric Bus Fleet

India, Sept. 2 -- Intercity electric bus platform LeafyBus has raised $4.1 Mn in Pre-Series A funding from Enetra EV, backed by Singapore-based Impact Capital Asia Management (ICAM). The Delhi-based ... Read More


Flipkart Plans AI-Powered Facelift Ahead Of Festive Sale

India, Sept. 2 -- Ahead of its annual festive shopping event "Flipkart Big Billion Days", the Walmart-owned ecommerce major has introduced a slew of changes to its platform. During its Flipkart Tech D... Read More


Urban Company's Profit Halves In Q1 FY26; Revenue Rises To INR 367 Cr

India, Sept. 2 -- IPO-bound consumer services unicorn Urban Company's net profit declined 45.2% to INR 6.9 Cr in the first quarter of the fiscal year ending March 2026 (Q1 FY26), from INR 12.6 Cr in t... Read More


Urban Company Files INR 1,900 Cr IPO Papers; Boosts Fresh Issue Size

India, Sept. 2 -- Just hours after receiving SEBI's official go-ahead, consumer services unicorn Urban Company filed its red herring prospectus (RHP) for a INR 1,900 Cr IPO. The startup's public offe... Read More


RMG Enters Layoffs Phase, Blue Tokai's Big Round & More

India, Sept. 2 -- Layoffs Hit RMG Giants India's gaming ecosystem is still in the throes of the biggest reset it has ever seen as more and more companies scale down in the wake of the ban on real mon... Read More


[Update] MobiKwik Extends Rally, Surges 20% To INR 284.70

India, Sept. 2 -- Update | September 2, 18:32 IST Continuing its rally for the second day, shares of MobiKwik hit the 20% upper circuit at INR 284.70 during the intraday trading on the BSE today. Th... Read More


[Update] BigBasket's Hari Menon Says No Plans To Hire New CEO

India, Sept. 2 -- Update | Sept 02, 18:00 IST BigBasket CEO and cofounder Hari Menon refuted the report that said that the online grocery retailer was looking to hire a new CEO. In a social media po... Read More


Tuco Kids Nets $4 Mn To Invest In Brand Building, Distribution

India, Sept. 2 -- Child personal care brand Tuco Kids has secured $4 Mn (INR 35.27 Cr) in a Series A round of funding led by RTP Global. The funding round also saw participation from MG Investments, ... Read More