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.
BUSINESS
Agentic AI startup Composio raises $24 million in Series A round from Lightspeed, Elevation and Together
The company, founded in 2023 by IIT-Bombay graduates Soham Ganatra and Karan Vaidya, focuses on simplifying complex enterprise workflows through AI-driven automation
BUSINESS
Inside InVideo’s $70 million ARR growth story: A hacker mindset, entrepreneurial surge, and product-market-fit challenge
Today, InVideo is one of the largest Indian customers of OpenAI, Anthropic, Google, and ElevenLabs, leveraging cutting-edge AI to fuel its rapid growth.
BUSINESS
Mobility aggregator Jugnoo to buy back Paytm’s stake for Rs 23.5 crore
To support its next phase of growth, Jugnoo has also announced a Rs 10 crore rights issue, allowing existing shareholders to invest further.
BUSINESS
AI is leveling the playing field; the key differentiator is go-to-market aggression of a startup: Lightspeed's Dev Khare
Unlike in Silicon Valley, where the focus is on eliminating human intervention, India's advantage comes from its deep-rooted expertise in services—something that AI can now enhance rather than replace, Khare said.
BUSINESS
SaaSBoomi rebrands as BoomiAI to embrace AI-first innovation in SaaS
The move comes as many SaaS startups presently are moving towards building AI innovations within SaaS.
BUSINESS
Build 10X better products with 90% fewer humans; $15 mn is the new Series A: Peak XV's Rajan Anandan
Peak XV's Anandan also noted that with AI taking center stage, deal sizes are increasing, especially in the early and seed stages.
BUSINESS
SaaS in current form is dead, we need to adapt and evolve: Freshworks’ Girish Mathrubootham
The remarks reflect a broader trend where AI-driven automation is redefining traditional SaaS models
BUSINESS
My leadership style is like Rahul Dravid's, Sridhar Vembu is like Sehwag: Zoho CEO Shailesh Kumar Davey
Zoho’s new CEO says the firm's AI investments are going into capex, talent and research. It has spent nearly $20 million on AI
TECHNOLOGY
ONDC’s February volumes more than double to 1.5 crore transactions despite slowdown in retail orders
While ONDC's grocery orders remained relatively flat at 8 lakh in February, categories like Fashion and F&B saw a 21 percent and 10 percent month-on-month decline respectively.
BUSINESS
Pune-based SaaS firm Icertis to raise $50 million in fresh funding
Headquartered in Bellevue, Washington, Icertis operates additional offices across North America, India, and Europe. The firm was last valued at $5 billion.
BUSINESS
US-based Operant AI enters India to tap rising AI security demand
The company, founded in 2021 specialises in securing AI-driven software through real-time protection mechanisms
BUSINESS
BluSmart seeks a buyer: What’s next for one of India’s oldest EV ride-hailing startups?
Industry sources indicate that Uber may also be considering an acquisition through its vendor, Everest Fleet.
BUSINESS
SaaS market faces oversupply now, leading to consolidation, says Zoho CEO Manikandan Vembu
In an interview with Moneycontrol, Manikandan Vembu discusses the leadership change, Zoho’s AI-driven vision, and the evolving SaaS landscape.
BUSINESS
Darwinbox set to hit $100 million ARR in 2025, expands focus on AI, US market
This comes a day after the firm announced raising $140 million in a funding round.
BUSINESS
Passion and purpose drive people, not work hours, says Zoho CEO Manikandan Vembu
Vembu's remarks come amid growing debates on work-life balance and long working hours, following statements from several top industry leaders.
BUSINESS
Banking infra firm M2P to acquire Chennai-based AI startup Mad Street Den
Sources say M2P has also acquired MSD’s full stack AI platform, Vue.ai to double down on its AI and Data first growth strategy.
BUSINESS
UPI set for full rollout in Qatar, says Indian ambassador Vipul
Full scale UPI rollout, $10 billion in investments and stronger startup collaborations mark a new chapter in India-Qatar relations, the Indian envoy has said
TECHNOLOGY
DeepSeek’s success shows India can compete in AI without massive capital: Cerebras CEO Andrew Feldman
When asked whether India should focus on developing massive foundation models or fine-tuning smaller, domain-specific models, Feldman stressed that the debate isn’t about scale but about purpose.
