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IPO-Bound PRISM Gets Relief In Rs.3,885 Cr Angel Tax Demand Case

India, June 12 -- Hotel aggregator OYO, now rebranded as PRISM, has received a tax relief of Rs.3,885.51 Cr, which was in relation to its share premium received by it from parent entity Oravel Stays L... Read More


How Keka Found The PMF To Build A Rs.130 Cr HR Tech Business

India, June 12 -- It was 2014, and HR managers were actively discussing how they could move beyond traditional administrative responsibilities to become strategic business partners. At the time, HR de... Read More


Equal AI Raises $30 Mn To Expand AI Assistant Offerings Beyond Calls

India, June 12 -- Call management and identity verification startup Equal AI has raised $30 Mn (around Rs.286 Cr) in its Series B funding round co- led by existing backers including Prosus Ventures an... Read More


AI's Biggest Opportunity Lies In Paying For Outcomes, Not Tokens

India, June 11 -- Enterprises are rationing AI because they are paying for effort instead of outcomes. The startups that build the outcome-pricing layer, particularly in India's inference stack, can o... Read More


Ethereal Machines Raises $28.5 Mn To Expand Precision Manufacturing Capacity

India, June 11 -- Deeptech manufacturing startup Ethereal Machines has raised $28.5 Mn (about Rs.272 Cr) in its Series B funding round led by Avataar Ventures, with participation from existing investo... Read More


US-Based Opendoor Lays Off Entire India Team Of 250 Employees

India, June 11 -- US-based proptech company Opendoor has laid off its entire India team, affecting around 250 employees in total as it builds leaner AI-native teams on its home turf. "We are finalisi... Read More


How OneAssist's AI Stack Is Giving Older Smartphones An Insured Future

India, June 11 -- India's smartphone market may no longer be growing rapidly in unit terms (as per IDC's May 2026 report), but consumers are spending more on their devices than ever before. As premium... Read More


After SoftBank, ADIA Offloads Lenskart Shares Worth Rs.1,960 Cr

India, June 11 -- Lenskart's backer Abu Dhabi Investment Authority (ADIA) today offloaded 4 Cr shares in a block deal worth Rs.1,960 Cr. As per NSE data, the investor, via its holding entity Platinum... Read More


4baseCare Bags Rs.38 Cr To Close Series B Round At Rs.128 Cr

India, June 11 -- Months after raising Rs.90 Cr, healthtech startup 4baseCare has now secured an additional Rs.38 Cr (nearly $4 Mn) to finally close its Series B round at Rs.128 Cr ($13 Mn). The lates... Read More


IN-SPACe Funds Three Spacetech Startups Under Technology Adoption Fund

India, June 11 -- The Indian National Space Promotion and Authorisation Centre (IN-SPACe) has picked the first set of three Indian spacetech startups for funding under its Technology Adoption Fund (TA... Read More