Hello, The market is moving at breakneck speed to keep up with AI transformations. And with it is emerging a rather lopsided investing pattern, according to one of Deloitte’s top executives. Deloitte’s Chief Technology Officer Bill Briggs highlighted a growing strategy, where companies are pouring 93% of their AI budget into technology and only 7%…
Direct-to-consumer haircare brand Moxie has raised $15 million in a funding round led by Bessemer Venture Partners, marking a fresh capital infusion after a $2.1 million round last year. The round also saw participation from existing investors, including Fireside Ventures and a set of angel investors, along with new angels such as Navin Parwal, Sangeet…
Freshworks has said it will acquire FireHydrant, a provider of AI-powered incident management software, for an undisclosed value. According to a statement, this combination will bring together Freshservice’s IT Service Management (ITSM) and FireHydrant’s core IT Operations Management (ITOM) as a unified AI-native ServiceOps solution designed to simplify operations, proactively prevent disruptions, and ensure exceptional…
India’s fast-growing UPI ecosystem appears to have passed the worst of its fraud surge, according to data tabled in Parliament. Domestic UPI payment frauds peaked in the financial year ended March 2024, both in terms of volume and value, before declining in the following year and showing further moderation so far in the current fiscal,…
Indian space and defence technology startup Sisir Radar has raised $7 million in a Series A funding round led by 360 ONE Asset, with participation from Shastra VC. The company plans to use the funding to develop and launch India’s first privately built L-band Synthetic Aperture Radar (SAR) satellite, targeted for launch by 2026. The…
Legal-tech innovator Lawyered has received a commitment of an unprecedented amount of Rs 8.5 crore at a Rs 120 crore pre-money valuation on IdeaBaaz, with all Titans collectively backing the company. This spotlighted Lawyered’s growing influence in India’s fast-evolving mobility compliance ecosystem. Viewers and investors alike resonated with Lawyered’s mission to build an accessible, scalable,…
Omnichannel furniture retailer Wakefit’s IPO run came to an end on Monday morning, with the stock sliding over 5% after opening. Shares of the mattress maker opened flat at Rs 195, which was the issue price, and later slipped to as low as Rs 177 on the NSE. It was trading at Rs 193 as…
This year, India became a growth beacon for global retailers, with premium fashion and beauty brands leading the charge and remaining buoyant despite wider market headwinds. Global brands flocked to the Indian market, both directly and indirectly, to capture a slice of the Indian lifestyle market that is projected to reach $210 billion by 2028,…
India’s festive season transforms the nation into a logistical high-wire act. From Rakshabandhan to Diwali and Christmas, the sharp rise in consumer demand stretches supply chains to their limits. Behind every successful delivery lies a complex web of planning, technology, and coordination, all tested by the country’s geographical diversity, infrastructure gaps, and the sheer scale…
Hello, Delhi’s air quality has reached its worst stage this winter season. The Commission for Air Quality Management invoked the Graded Response Action Plan (GRAP-4), the highest level, as air quality reached “severe” on Sunday after official index readings showed 450 across several monitoring stations. This has only made Indian startups and VCs more determined…
