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Fuelling Bharat's AI Ambitions, Ather To Trim IPO Size & More

India, April 10 -- Fuelling Bharat's AI Ambitions As India races to catch up with global AI advancements, Inc42's GenAI Summit 2025, held yesterday in Bengaluru, set the stage for a crucial inflexion... Read More


Flipkart To Double Down On Quick Commerce In 2025

India, April 10 -- About a week after receiving a fresh capital infusion of about $379 Mn from its Singapore parent, Walmart-owned Flipkart's CEO Kalyan Krishnamurthy has given an indication of what's... Read More


Eternal Initiates Liquidation Of Zomato Netherlands

India, April 10 -- Marking its first disclosure post adopting the name Eternal on the bourses, Zomato's parent Eternal announced that its step-down subsidiary in the Netherlands, Zomato Netherlands, h... Read More


Mosaic Wellness Nets $20 Mn From Think Investments

India, April 10 -- Health and wellness startup Mosaic Wellness, which runs brands like Man Matters and Be Bodywise, has raised over $20 Mn (around INR 175 Cr) from Think Investments. According to the... Read More


The AI Rush In SaaS: How Indian VCs Are Reinventing Their Thesis

India, April 10 -- By mid-2024, the Indian SaaS landscape reached a turning point. AI was no longer an edge or an innovation layer; it had become a foundational pillar for SaaS and software developmen... Read More


BYJU'S Alpha Sues Byju Raveendran Over Alleged 'Misappropriation' Of $533 Mn

India, April 10 -- BYJU'S Alpha, the US-based special purpose finance vehicle of BYJU'S, has sued the edtech startup's founder Byju Raveendran, his wife and cofounder Divya Gokulnath and advisor Anita... Read More


Karnataka To Formulate New Rules To Regulate Online Gaming

India, April 10 -- The Karnataka government has begun work on a new legislation to regulate online gaming platforms in the state. In a post on X, Karnataka IT minister Priyank Kharge said he held a d... Read More


BluSmart Delays Salaries Citing Cash Flow Issues: Report

India, April 10 -- BluSmart Mobility has reportedly delayed salary payments for the month of March as the electric cab-hailing startup grapples with a financial crisis. In an email to the employees, ... Read More


Wakefit Eyes Over $200 Mn IPO, Picks Three Bankers: Report

India, April 10 -- Bengaluru-based D2C furniture and mattress startup Wakefit is reportedly looking to make a splash in the market with an initial public offering (IPO) and aims to raise around INR 1,... Read More


[Update] EloElo Raises $13.5 Mn For Overseas Expansion

India, April 10 -- Update | April 10, 1:51 PM A couple of days after it was reported that EloElo is raising a fresh capital, the social entertainment platform has announced the raise of $13.5 Mn (INR... Read More