BUSINESS
Ola Electric delays cell integration plan amid push for cost optimisation
Ola Electric's founder, Bhavish Aggarwal, said the company needs to take a more thoughtful approach to managing operational risks and capital allocation.
BUSINESS
Razorpay to pay Rs 1,245 crore in taxes to flip back to India, IPO likely in 18-24 months
Moneycontrol had reported earlier on May 29 that the reverse flip was officially completed, bringing the company’s headquarters under Indian jurisdiction.
BUSINESS
Razorpay completes reverse flip from US to India
Razorpay launched the process to move its parent entity to India from the United States in May 2023, ahead of its plans to list on Indian bourses
BUSINESS
From software to smartboards: Behind edtech Teachmint’s pivot to hardware
What started as a SaaS platform for teachers is now a company dealing with hardware, building its classroom kits in-house in partnership with contract manufacturers like Zetwerk
BUSINESS
Bounce, MyByk double down on EV rentals for gig workers amid India’s quick commerce boom
The resurgence comes amid the rapid expansion of quick commerce platforms like Zepto, Blinkit, and Swiggy Instamart, which have significantly increased the need for reliable delivery fleets.
BUSINESS
Zerodha’s AI foray wins early fans, but raises questions over assisted investing
Screenshots shared by users demonstrated how easily complex portfolio insights were generated in conversation-like exchanges with the AI.
TECHNOLOGY
Tipping point: CCPA notice to Uber puts spotlight on pre-trip tipping in ride-hailing apps
For many commuters, the in-app tipping trend feels like digital déjà vu of the street-side haggling they hoped to escape.
BUSINESS
Tech leaders are burning the midnight oil to learn AI, code to up their game
The new-age tech founder is equal parts CEO, product manager, and developer — someone who can manage roadmaps and also roll up his sleeves to debug an inference error at midnight
BUSINESS
EV industry braces for short-term supply-chain jitters amid border escalations
Punjab, Haryana, Delhi-NCR, and Uttarakhand are key contributors to India’s growing EV ecosystem, supplying a range of components like wiring harnesses, electronics assemblies, plastic moulding units, and certain steel and aluminium parts.
BUSINESS
Legacy automakers gain ground as electric two-wheeler market enters new phase of competition
April 2025 saw TVS Motor overtake Ola Electric, and Bajaj Auto increase its market share, signalling a more competitive, brand-driven e2W landscape.
BUSINESS
Beyond engineering, every department is using AI to drive efficiency at Freshworks: CEO Dennis Woodside
Freshworks, which reported its Q1 2025 numbers on April 30, has raised its full-year revenue forecast by up to $4.3 million or by around 0.5 percent, fuelled by growing enterprise adoption and the integration of AI features
BUSINESS
Freshworks Q1: Revenue jumps 19% to $196 million, 2025 revenue outlook raised on AI demand
The Nasdaq-listed SaaS firm now expects full-year 2025 revenue between $815.3 million and $824.3 million, up from its earlier forecast of $809–$820 million.
BUSINESS
Pune-based Sedemac Mechatronics taps Axis, ICICI Securities, Avendus as bankers for IPO
The IIT-Bombay professor-founded firm is also exploring a $20–30 million secondary funding round ahead of planned IPO
BUSINESS
Hero Motocorp to relinquish special rights in Ather following IPO
Hero Motocorp is a key investor in Ather with 37.2% stake and currently has special privileges including information rights
BUSINESS
India’s foundational AI model to support reasoning in Indic languages, will be ready in six months: Sarvam AI's Vivek Raghavan
Sarvam AI, which has been selected by the Government of India to build sovereign Large Language Models (LLMs).
TECHNOLOGY
'China’s rare earth curbs shouldn't impact us, our focus on local battery partnerships," says Ather's CEO Tarun Mehta ahead of IPO
Rare earth magnets are critical for the motors used in electric vehicles, and China is the dominant global supplier.
BUSINESS
SaaS startups raise AI budgets, go slow on hiring amid technology shift
From lean teams to smarter tools — AI is reshaping how SaaS startups scale, spend, and staff.
BUSINESS
Ather Energy IPO: Company to raise Rs 2,626 crore in fresh issue, to launch April 28-30
Ather Energy will be the second pure-play Indian EV manufacturer to go public in India, following Ola Electric’s IPO last year.
BUSINESS
Gensol crisis: BluSmart suspends cab bookings via app in parts of NCR, Mumbai and Bengaluru
The development comes just a day after SEBI’s recent findings in the Gensol Engineering probe that have cast serious doubts over the future of BluSmart.
TECHNOLOGY
From carts to cabs: With retail slowing, can ONDC ride on mobility, logistics?
A mix of factors — lack of clear differentiation, poor user experience, shrinking incentives, and mounting pressure from quick commerce rivals — has stalled ONDC’s retail momentum, according to several industry stakeholders who spoke to Moneycontrol.
BUSINESS
Goldman Sachs-backed MoEngage to shift domicile to India ahead of possible IPO
The SaaS firm is evaluating a reverse flip to tap India’s favorable IPO environment, where listing thresholds are more startup-friendly.
BUSINESS
AI sparks SaaS revival as enterprises unlock budgets in 2025
In conversations with Moneycontrol, top industry executives said customer sentiment has improved markedly since the beginning of 2025 as AI is expanding their TAM.
BUSINESS
Why do payment gateways want to disconnect Juspay, even it means losing business
Routing traffic to its own payment gateway instead of others it has integrated with may be at the heart of the matter.
INDIA
Bike taxi ban & bus-metro fare hikes: A double whammy for Bengaluru's citizens
While auto drivers welcomed the Karnataka High Court order to ban bike taxi services within six weeks, many bike taxi users in Bengaluru say their commuting costs will rise.
