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India Wants Its AI Talent Back; But What's The Incentive?

India, June 24 -- For decades, India has exported some of its brightest minds to the world's leading research labs. Researchers of Indian origin have helped shape breakthroughs at OpenAI, Google DeepM... Read More


Actis Sells More Pine Labs Shares In Rs.371 Cr Bulk Deal

India, June 24 -- Undertaking a second stake sale within a week, Pine Labs' early backer Actis has now sold 2.39 Cr shares in a block deal worth Rs.371 Cr today. As per BSE bulk deal data, the privat... Read More


Alpha Wave Ventures Exits Delhivery Via Rs.665 Cr Bulk Deals

India, June 24 -- Venture capital (VC) firm Alpha Wave has parsed its stake in logistics major Delhivery by selling shares worth about Rs.665 Cr via multiple bulk deals today. As per bulk deal data o... Read More


Swiggy Instamart's COO Ankit Jain, CBO Hari Kumar Step Down

India, June 24 -- Swiggy's quick commerce arm Instamart has reportedly witnessed two key senior leadership exits. As per a report by Moneycontrol, chief operating officer (COO) Ankit Jain and chief bu... Read More


The Lendbox Puzzle, Turtlemint's IPO & More

India, June 24 -- Inside Per Annum's High Returns Illusion Lendbox parent Transactree's investment platform, Per Annum, is under scrutiny. Despite RBI tightening P2P lending rules in 2024, investors ... Read More


Countdown Begins: Dust May Soon Settle On BYJU'S-Aakash Ownership Battle

India, June 24 -- Enroute to ending a long-standing legal duel, legal teams of Aakash Educational Services and the insolvency resolution professional (IRP) of Think & Learn, the parent company of emba... Read More


SaffronStays Nets $3.5 Mn To Scale Holiday Home Network

India, June 24 -- Hospitality platform SaffronStays has raised $3.5 Mn (around Rs.29 Cr) in a mix of primary transactions and a secondary stake sale. Infinity Ventures led the fresh capital infusion ... Read More


Exclusive: Home Loan Marketplace Ambak In Talks To Raise Rs.80 Cr

India, June 24 -- Home loan marketplace Ambak is in talks to raise Rs.80 Cr ($8.4 Mn) in a fresh funding round, which will be led by Quona Capital, sources close to the development told Inc42. The ro... Read More


Quick Commerce Race Heats Up: Flipkart Minutes Eyes 1,500 Dark Stores, Amazon 300 Cities

India, June 24 -- The battle for India's quick commerce market is heating up, with Amazon and Flipkart announcing aggressive expansion plans for their respective quick commerce businesses, Amazon Now ... Read More


How This Bengaluru Startup Is Tackling Enterprise Finance's Costly Blindspot

India, June 24 -- Despite rapid advances in enterprise AI, one of corporate finance's most critical functions remains surprisingly manual. Financial reconciliation, the process of matching internal a... Read More