BUSINESS
MC interview: “Together Fund is my startup now, will watch Freshworks grow as a shareholder,” says Girish Mathrubootham after exit
In a candid interview from the US, Mathrubootham reflected on the emotional weight of his exit, the company’s culture, and his new chapter as he turns his focus to nurturing startups through his venture fund, Together.
BUSINESS
Being a public company is less stressful than staying private, says Ather CEO Tarun Mehta
Ather Energy went public in July 2025, shortly after rival Ola Electric’s listing in August 2024, which was India’s first major EV startup IPO.
BUSINESS
Ather Energy rules out cell manufacturing, to bet on partnerships instead
While several EV players, including Ola Electric and Reliance New Energy, have announced ambitious plans for giga-scale cell factories, Ather is keeping its focus on design, engineering, technology, and brand.
BUSINESS
Ather Energy is moving to light rare earth magnets amid supply chain crisis
India’s electric vehicle industry has been grappling with supply risks due to the concentrated global supply of heavy rare earths, which are critical for high-performance magnets used in EV motors
BUSINESS
Ather Energy rolls out 'Pothole Alert' feature on scooters to address rider safety
Alongside this, Ather has introduced Crash Alerts, designed to distinguish between minor and severe accidents.
STARTUP
Ather Energy doubles market share to 17% YoY, unveils new 10-minute fast chargers
Ather has expanded its retail footprint to 416 stores nationwide and plans to reach 700 outlets.
BUSINESS
Online gaming law: Payment companies seek sufficient time from MeitY and RBI for processing customer refunds, chargebacks
During a meeting held on August 29, government officials also sought suggestions from the industry on the rules for the Promotion and Regulation of Online Gaming Act, 2025
BUSINESS
AI agents are emerging as the new growth engine for Indian SaaS companies
A US-based company that once needed a three-month product trial closed in just four weeks after seeing an AI copilot auto-resolve tickets during a demo.
BUSINESS
SEBI clears Groww’s IPO, paving way for one of India’s biggest fintech listings
The offering is expected to value the Bengaluru-based fintech at $7–8 billion, marking a major milestone in India’s startup and financial services ecosystem.
BUSINESS
After two months, Rapido and Uber resume bike taxi services in Karnataka
Bike taxi services were banned in Karnataka since June 16. Moneycontrol on August 21 found that Rapido and Uber were showing bike taxi options and accepting bookings.
BUSINESS
Bhavish Aggarwal sets 25–30% market share target for Ola Electric, bets on vertical integration for better margins
Aggarwal tells Moneycontrol that the past six months have been 'transitional', as Ola Electric phased out its Gen 2 scooters, ramped up supplies of its Gen 3 models and introduced its electric bike
BUSINESS
De-risking from rare earths with ferrite magnet motors, says Ola's Bhavish Aggarwal
Ola's Bhavish Aggarwal said that starting next quarter, the company will integrate its in-house ferrite motor technology into products to de-risk from the rare earth supply chain.
BUSINESS
I don't regret taking Ola Electric public, says founder Bhavish Aggarwal on market feedback since IPO
'The best companies in the world are always built in public markets... the rigour comes in from public market scrutiny,' Aggarwal tells Moneycontrol
BUSINESS
India's EV market in middle of S curve, will see another steep ramp up soon: Ola Electric’s Bhavish Aggarwal
Aggarwal said improvements in technology will drive the next growth phase, pointing to falling costs, higher ranges, and faster charging speeds.
STARTUP
Ola Electric integrates homegrown 4680 battery cells into S1 Pro+ and Roadster X+, slashes prices ahead of festive season
The company also unveiled the S1 Pro Sport, priced at Rs 1,49,999, with bookings opening today and deliveries set to start in January 2026.
BUSINESS
Stock broking firm Fyers launches stock market analysis tool integrated with OpenAI’s ChatGPT
FIA GPT is trained on Indian financial markets and can answer queries in plain English on areas such as portfolio performance, sector exposure, stock highs and lows, options chain analysis, and order book monitoring.
BUSINESS
Bhavin Turakhia-led Titan partners with GoDaddy for business email push in developing markets
GoDaddy will integrate Titan’s email product into its Professional Email product, aimed at small businesses and entrepreneurs.
BUSINESS
Speciale Invest raises Rs 600 crore for third fund to boost India’s deep-tech and sovereign-tech sectors
The fund close comes amid growing investor interest in India’s deep-tech sector, fueled by strong policy support, shifts in global supply chains, and an expanding pool of commercially astute technical founders.
BUSINESS
India’s humanoid robots are getting factory-ready: Meet Sherpa Mecha by Ati Motors
The company says its Sherpa range is on track to execute over 1 million autonomous missions annually, serving factories from India to Southeast Asia, the US, and Mexico.
BUSINESS
Icertis names Anand Subbaraman as new CEO, co-founder Samir Bodas transitions to Executive Chairman
Subbaraman brings over 25 years of global tech leadership experience, having held senior roles at BrowserStack, Oracle, and Finastra.
BUSINESS
SarvaGram Fincare’s FY25 income grows 74% to Rs 274 crore, net profit slips amid rising credit costs
On a consolidated basis, SarvaGram Solutions posted a net loss of Rs 61 crore in FY25, widening from Rs 20 crore in FY24
BUSINESS
Payment fintechs are getting squeezed as banks add charges for UPI merchant transactions
The bank charges are limited to those accounts where the PAs use the banks for merchant acquisition. Since the fees is 0.02%, PAs are likely to absorb the cost and are not expected to pass these to merchants immediately
BUSINESS
Freshworks raises FY25 growth guidance as Q2 revenue jumps 18% to $204.7 million
Freshworks also raised its non-GAAP operating income guidance for the full year to $153–157 million.
BUSINESS
Freshworks’ AI products cross $20 mn in annual recurring revenue as monetisation picks up
During the Q1 2025 earnings call, Freshworks’ CEO said AI adoption had moved beyond experimentation, with nearly half of all new large deals (over $30,000 ARR) in the quarter including Freddy Copilot.
