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Ola Electric's Rs.1,000 Cr Rights Issue To Open On October 22, Issue Price Set At Rs.27

India, Oct. 7 -- Ola Electric's Rs.1,000 Cr rights issue is set to open for subscription onOctober 22 and close on October 30, its board of directors finalised today. The last date for on-market renun... Read More


OpenAI Agents Go Rogue, FYDY Eyes $12 Mn & More

India, Oct. 7 -- OpenAI Agents Hit Wikimedia OpenAI is under fresh scrutiny over its "rogue" agents. Wikimedia Foundation claims that the AI juggernaut's agentic system made unauthorised edits on its... Read More


The Case For Evals In A Multi-Model World

India, Oct. 7 -- Another day and another new model grabs the limelight. Product teams scramble to see how it can be used for their own operations and systems. But a new model can look great in a demo... Read More


Mukesh Bansal, Ankit Nagori Seek ESOP Buyback From Flipkart Amid IPO Uncertainty

India, Oct. 7 -- Former senior Flipkart executives, including Flipkart's former CEO Mukesh Bansal, former CFO Sanjay Baweja and former chief business officer Ankit Nagori, have reportedly urged Walmar... Read More


Lumio Raises $12 Mn To Scale Consumer Electronics Portfolio

India, Oct. 7 -- Consumer electronics manufacturer Lumio raised $12 Mn (around Rs.102.5 Cr) in a Series A funding round led by Blume Ventures, with participation from existing backers Stellaris Ventur... Read More


Selling Intelligence Was the Warm-Up For AI. Owning Vertical Markets May Be The Play

India, Oct. 7 -- The most profitable move in artificial intelligence may no longer be selling intelligence. It is selling a model to a company, wiring it into that company's most valuable work, learni... Read More


Why Growth Stage Startup Funding Outpaced Late Stage Investments In Q3

India, Oct. 7 -- While the funding trends in the Indian startup ecosystem have been showing signs of stability over the past few months, investor appetite for startups operating across different secto... Read More


From Late Stage To Growth: Why Are Investors Recalibrating Their Startup Bets?

India, Oct. 7 -- While the funding trends in the Indian startup ecosystem have been showing signs of stability over the past few months, investor appetite for startups operating across different secto... Read More


Desible.ai Raises Rs.32 Cr To Build AI Operating Layer For BFSI

India, Oct. 7 -- Voice AI startup Desible.ai has raised Rs.32 Cr (around $3.7 Mn) in a seed funding round led by Prime Venture Partners, with participation from existing backer Invention Engine. The ... Read More


Go All-Electric By July 2027: Maharashtra Govt To Bike Taxi Aggregators

India, Oct. 7 -- The Maharashtra government has reportedly directed all bike taxi aggregators, including Rapido, Uber and Ola, to transition to an all-electric fleet by July 2027. According to the In... Read More