Category: Startups
CID takes up probe on fintech startup Jar; HC hears plea for quashing FIR
The Criminal Investigation Department (CID) is investigating fintech startup Jar under the Banning of Unregulated Deposit Schemes Act, 2019, based on an FIR that was…
Industrial manufacturing solutions firm Wootzwork raises $6.6 million in round led by Z47
Industrial manufacturing solutions firm Wootzwork has raised $6.6 million in a funding round led by Z47. The round also saw participation from Nexus Venture Partners,…
Here’s what Anthropic’s Dario Amodei says startups should not be doing with Claude
Anthropic chief Dario Amodei has warned that AI startups lacking moats and merely functioning as AI wrappers could lose out to large language models (LLMs)…
D2C fashion chain Bewakoof cofounder steps down after 14 years
D2C fashion brand Bewakoof’s cofounder and CEO Prabhkiran Singh has stepped down 14 years after starting the company. “Bewakoof has been my baby since I…
Akash FY24 revenues flat at Rs 2,437 crore, losses at Rs 2,443 crore
Aakash Educational Services Limited (AESL) reported virtually flat operating revenues of Rs 2,437 crore for the financial year ended March 2024, versus Rs 2,399 crore…
Livspace CBO Lalit Mittal quits amid layoffs, cofounder exit
Home decor startup Livspace’s chief business officer (CBO) Lalit Mittal has left the firm following cofounder Saurabh Jain’s exit. “We can confirm that Lalit Mittal,…
Graphics platform Canva acquires video ad startup Mango AI and animation company Cavalry
Canva, a graphic design and visual communication platform, on Tuesday announced the acquisition of UK-based 2D animation software company Cavalry and American video ad startup…
Deepinder Goyal’s LAT Aerospace acquires robotics startup Sharang Shakti
LAT Aerospace, cofounded by Deepinder Goyal and former Zomato COO Surobhi Das, has acquired Gurugram-based defence robotics startup Sharang Shakti. In a post on X,…
Karnataka’s bioeconomy reaches $39 billion in 2025: Report
Karnataka’s bioeconomy expanded to $39 billion in 2025, accounting for a fifth of India’s total bioeconomy, according to a report released on Monday. The Karnataka…
Urban Company’s quick services vertical InstaHelp crosses 50,000 daily bookings
Urban Company’s quick service vertical InstaHelp has crossed 50,000 daily bookings less than a year after launch, at a time when the listed home services…