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.
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.
