OpenAI CTO Srinivas Narayanan Resigns, Plans Return to India
Srinivas Narayanan Steps Down from OpenAI OpenAI CTO for B2B applications, Srinivas Narayanan, has announced his resignation, marking the end of a three-year tenure at the company. Narayanan will step down by the end of next week, citing personal reasons and a desire to spend time with his aging parents in India. Decision Comes After […]
IndiGo Invests in Sarla Aviation to Enter Electric Flying Taxi Market
IndiGo Takes Strategic Bet on Urban Air Mobility India’s largest airline IndiGo has invested ₹10 crore in Sarla Aviation, marking its entry into the emerging electric air taxi segment. The investment was made through IndiGo Ventures in January and reflects the airline’s growing interest in next-generation urban mobility solutions. Sarla Aviation’s Vision for Flying Taxis […]
Lenskart Clarifies Grooming Policy After Backlash; No Restrictions on Religious Symbols
Lenskart Responds to Grooming Policy Controversy Eyewear retailer Lenskart has addressed concerns over its employee grooming policy following social media backlash. Founder Peyush Bansal clarified that the company does not impose restrictions on employees wearing religious symbols. Viral Document Sparks Debate The controversy began after a screenshot of an alleged internal grooming policy circulated widely […]
Clarity Labs Raises ₹4 Crore Seed Funding Led by Artha Venture Fund
Clarity Labs Secures Seed Funding to Expand Personal Care Portfolio Personal care startup Clarity Labs has raised over ₹4 crore in a seed funding round at a pre-money valuation of ₹20 crore. The round was led by Artha Venture Fund, with participation from angel investors. Focus on Product Development and Distribution The company plans to […]
The Hosteller Raises ₹150 Crore Series B to Expand Hostel Network and Travel Platform
The Hosteller Secures ₹150 Crore to Scale Operations Backpacker hostel chain The Hosteller has raised ₹150 crore (approximately $16 million) in a Series B funding round, co-led by PROMAFT Partners and V3 Ventures. The round also saw participation from ITI Growth Opportunities Fund, Merisis Wealth Trust, and several family offices. Continued Investor Backing The latest […]
KreditBee Enters Unicorn Club with $280 Million Series E Funding Round
KreditBee Achieves Unicorn Status Digital lending platform KreditBee has raised $280 million in a Series E funding round, reaching a post-money valuation of $1.5 billion. With this round, KreditBee has officially entered the unicorn club, becoming one of the few Indian fintech startups to achieve this milestone in 2026. Strong Investor Participation The funding round […]
Snabbit Appoints Abhinav Ankur as CBO to Drive Expansion in Home Services Market
Snabbit Strengthens Leadership with CBO Appointment On-demand home services platform Snabbit has appointed Abhinav Ankur as its Chief Business Officer (CBO). The move comes as the company looks to accelerate its growth and strengthen its position in India’s rapidly evolving home services segment. Focus on Scaling Business Operations Abhinav Ankur will lead Snabbit’s business expansion […]
Small Towns Drive India’s E-commerce Growth as Amazon and Flipkart Expand
India’s E-commerce Growth Shifts Beyond Metro Cities India’s e-commerce market is undergoing a structural shift, with smaller cities and towns emerging as the primary growth drivers. According to recent insights, over 60% of India’s online shoppers now come from non-metro regions, contributing a similar share of total e-commerce orders. This marks a significant change from […]
Nexus Sells ₹186 Crore Stake in Delhivery via Block Deals; Institutional Investors Step In
Nexus Continues Stake Sale in Delhivery Venture capital firm Nexus Venture Partners has continued reducing its stake in logistics company Delhivery, selling shares worth ₹186 crore through block deals on the National Stock Exchange. This comes shortly after the firm offloaded a significant portion of its holdings in the company just days earlier, indicating a […]
Zelio E-Mobility Appoints Divyanshu Agarwal as CEO to Lead Next Growth Phase
Zelio E-Mobility Names New CEO EV manufacturer Zelio E-Mobility has appointed Divyanshu Agarwal as its Chief Executive Officer, effective April 15, 2026. The appointment was approved by the company’s board following recommendations from its nomination and remuneration committee, marking a key leadership move as the company looks to scale its operations. Leadership Transition Amid Growth […]