H-1B fee shock: SaaS and AI startups rethink hiring strategy as $100,000 levy threatens talent flow
For SaaS startups, which rely heavily on US revenues and customer acquisition, the visa shock is already forcing a rethink of business models.
IIT Bombay's BharatGen bets on trillion-parameter ‘mother model’ to power India’s AI ecosystem
The consortium says multimodal data collection is underway as it readies for trillion-parameter training.
Jar posts Rs 2,448 crore in revenue after a change in accounting process; narrows losses by 69% in FY25
The firm trimmed its consolidated net loss (pre-ESOP costs) to Rs 35.23 crore in FY25, down from Rs 104 crore in FY24.
Fractal to release 'significant deployable reasoning AI' by year-end, once resources are in place, says CEO Srikanth Velamakanni
Fractal Analytics, along with IIT-Bombay’s BharatGen, Tech Mahindra and five other firms, has been chosen by MeitY to build India’s foundational models
Climate-tech startup Equilibrium raises $3 million in seed funding from Peak XV, Kalaari, Avaana
The capital will be used to expand eight projects across nine states, covering 120,000 hectares of land and involving over 150,000 smallholder farmers
upGrad eyes Asia expansion as US campuses lose appeal
The company, founded by film producer Ronnie Screwvalaa and backed by Singapore’s Temasek, partners with about 80 universities across 10 countries to offer online MBAs and executive education.
Gameskraft to lay off 120 employees amid govt's real-money gaming ban & ex-CFO fraud scandal
Affected employees will receive severance as per their employment agreements, including leave encashment based on total salary.
Infra.Market raises Rs 730 crore at Rs 24,600 crore valuation led by Nikhil Kamath; plans to file DRHP this month
Moneycontrol understands that this is likely the final private funding round, as Infra.Market plans to file its draft red herring prospectus (DRHP) with the market regulator within weeks, with an IPO expected later this year.
Amazon India marketplace narrows losses by 89% to Rs 374 crore; Revenue rises 19%
This turnaround was also partly under newly appointed India head Samir Kumar who took over from Manish Tiwary in October and ran operations for six months of FY25.
PhonePe, Paytm, Cred shut down rent payment services amid RBI curbs
The move follows the Reserve Bank of India’s (RBI) tightened Payment Aggregator (PA) and Payment Gateway (PG) guidelines, issued on September 15, which bar PAs from facilitating payments to entities with whom they lack a direct contractual relationship.
Pocket FM now lets Hindi writers in India create AI audio series in a single click
AI Audio Series is part of Pocket FM's broader AI creator suite that aims to help budding writers brainstorm, draft, and experiment faster, while accelerating story production.
Urban Company IPO: SBI MF booster shot, stronger governance, transparency, leaving money on the table make investors lap up shares
Spending time in Mumbai and Gujarat to convince HNIs to invest, detailed roadshows, speaking for long and with clarity all helped UC reach here. Where the share lists remains to be seen, but the grey market premium signals a 50 percent jump which should augur well for the firm.
OPINION | India’s Digital Competition Bill: Mirage of fair play or a path to innovation?
The Digital Competition Bill aims to level the playing field for startups but risks stifling innovation. It requires tailored, phased modifications to foster growth and competition
Sentient AI launches open source AGI platform to compete with OpenAI, AWS
Till date, Sentient AI has raised around $85 million in seed round from marquee investors including Peter Thiel's Founders Fund, Pantera Capital, and Framework Ventures. The San Francisco-headquartered startup is currently valued at $1.2 billion.
WestBridge leads $40 million round in Flipkart-backed FinBox to expand B2B digital lending platform
Of the $40 million, $35 million went directly into the company’s coffers in the form of primary capital and the remaining $5 million was through secondary share sales where early angels exited to make way for new investors.
Rising revenue, growing user base, regulatory headwinds: 7 things to know about Groww’s DRHP
In Q1 FY26 Groww's revenue came in at Rs 904.3 crore. Active client growth of 35.5% in FY25 outpaced most listed peers. .
Broking major Groww files for Rs 6,000-7,000 crore IPO, aims for a November listing
Bengaluru-based broking firm Groww is likely to finalise the IPO price band by the middle of October and is aiming at a November listing.
Former Gameskraft CFO diverted company funds to F&O trading, incurring Rs 250 crore losses, FIR says
The real-money gaming firm has filed a police complaint against former CFO Ramesh Prabhu for allegedly siphoning funds over nearly five years
Kotak811 pulls ahead of SBI Yono, becomes third-highest downloaded banking app in world in H1 2025
Unlike India, mobile banking apps have become the go-to apps for financial services across the globe. In India, payment apps are bigger than neobanking apps as the lack of regulatory approval hinders the latter’s growth
Kunal Shah's CRED launches 18 carat gold credit card with IndusInd Bank
Serial investor Shah, was upbeat about the prospects of the new products, especially the Sovereign gold card. “Take a good look because you will probably not see it. Most people will not get it.”
OPINION | India’s E-commerce Surge: A market multiplier for startups and investors
The question is no longer whether Indians will shop online, but how deeply digital commerce will reshape the nation’s economy, jobs, and competitiveness. The evidence is clear: e-commerce has moved from convenience to core, from optional to inevitable – the very backbone of India’s growth story this decade
Swiggy to launch Toing, a standalone app for affordable food options
Toing, which will go live in Pune first, aims to tap demand from students, young professionals and will be an extension to Swiggy’s Rs 99 store. It will be the seventh app from the house of Swiggy. The aim is to increase its base of transacting users and maintain the company’s pace of growth.
Bhavish Aggarwal-led Ola Electric files Rs 400-crore PLI claim for FY25
Backed by Rs 3,000 crore in 'eligible sales', Ola Electric is expected a liquidity boost through PLI payout
Over a dozen AI startups in India set to raise seed rounds amid surge in investor appetite
A bulk of the startups negotiating deals are developing AI agents or are creating tools to facilitate their development. Investors are also spending time on AI companion companies, sources told Moneycontrol.
Groww eyes up to $9 billion valuation, to file updated IPO papers this week
Initially, Groww, which is looking at a November market debut, was targeting a valuation of $7-8 billion but a strong FY25 and a healthy Q1FY26 could result in a higher valuation, sources have told Moneycontrol
