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Flipkart Launches Second ESOP Liquidity Event In 12 Months

India, July 6 -- Walmart-owned ecommerce major Flipkart has announced its second ESOP liquidity event over the past year, allowing eligible employees to sell up to 5% of their outstanding options vest... Read More


Why India's AI Boom Is Running On A Waiting List

India, July 6 -- The way India buys AI compute is being rewritten. The acute GPU shortage that dominated the early GenAI boom has eased from its most extreme levels, but the market is still far from r... Read More


OYO's IPO Hinges On One Trade-Off: Profitability Vs Debt

India, July 6 -- OYO's IPO became synonymous with highs and lows in India's startup ecosystem. Every high point in the past four years saw OYO announce plans for an IPO, just to walk it back when thin... Read More


Rentomojo Gets SEBI Nod For IPO

India, July 6 -- Markets regulator SEBI has given its go ahead to furniture and appliance rental startup Rentomojo's initial public offering. As per SEBI data, the regulator issued its final observati... Read More


Capillary Technologies' Subsidiary Hit By €3 Mn Cyber Fraud

India, July 6 -- SaaS company Capillary Technologies announced that one of its "recently acquired step-down subsidiaries" has been hit by a cyber-enabled banking fraud, leading to a loss of €3 M... Read More


Exclusive: Graph AI In Talks To Raise $14 Mn From Insight Partners, Others

India, July 6 -- Pharmaceutical-sector focused AI startup Graph AI is in talks to raise $14 Mn (about Rs.133 Cr) in a Series A funding round, sources told Inc42. The funding round will be led by US-b... Read More


PhonePe Insurance Arm's CEO Vishal Gupta Steps Down

India, July 6 -- In another leadership exit at IPO-bound fintech major PhonePe, PhonePe Insurance Broking Services' CEO Vishal Gupta has quit and founded a new stealth startup. Taking to LinkedIn, Gu... Read More


Apple Restores Card Payments For App Store, iCloud In India: Report

India, July 6 -- Apple has reportedly resumed accepting credit and debit card payments for App Store purchases and subscription services such as iCloud in India, nearly four years after withdrawing th... Read More


Enterprise AI Startup C5i Files Confidential IPO Papers With SEBI

India, July 6 -- Data analytics and AI startup C5i, erstwhile known as Course5 Intelligence has filed its draft red herring prospectus (DRHP) with the SEBI via the confidential route. This marks the s... Read More


Nykaa Shares Hit 52-Week High After Bullish Q1 Growth Outlook

India, July 6 -- Shares of beauty and personal care (BPC) major Nykaa surged over 3% to hit a fresh 52-week high of Rs.319.95 on the BSE today after it projected around 30% YoY growth in consolidated ... Read More