The latest from India's startup and technology ecosystem
SUGAR Cosmetics secured ₹145 crore from A91 Partners at a Rs 755 crore valuation, an 80% drop from its 2022 peak. Founder Vineeta Singh reportedly paid salaries personally due to aggressive offline expansion outrunning revenue.
Anthropic faces a senior safety researcher's warning about AI risks, class action lawsuits over subscriptions, token theft, and ongoing IP disputes as its $2 trillion IPO approaches.
DigitalPaani, an AI-powered water infrastructure platform, has secured Rs 22 crore in a funding round led by Navam Capital, with co-investors including 3one4 Capital. The capital will fuel expansion into industrial and municipal water management sectors.
Jio introduces new RCS business messaging rates for iPhone users in India while reaffirming its September 2027 target for a 1,600-satellite LEO network test launch, signaling a dual strategy for immediate monetization and future infrastructure.
QNu Labs, an IIT Madras incubated deep-tech cybersecurity startup, raised ₹200 crore in Series A1 funding, co-led by the National Quantum Mission and Speciale Invest, with revenue growing 64% in FY2025.
Skoda Volkswagen India and JSW Group sign an MoU for an EV joint venture, targeting local manufacturing and sourcing, following Volkswagen's global layoffs and competitive pressure from Chinese EV makers.
JLR's decision to cut 4,000 jobs and save £1.7 billion reflects pressures from Chinese EV competition, US tariffs, and cyberattacks. We explore the implications for Indian tech and automotive startups.
OpenClaw, a personal AI agent, was cut off by Anthropic while simultaneously being named a direct competitor to Meta's new Muse AI. This highlights the dual pressures of API dependency and intense market competition.
TPG-backed NewQuest sells Rs 200 crore in Shadowfax shares, following earlier Rs 301 crore TPG and Rs 184 crore Qualcomm bulk deals, signaling investor exits.
New Apple CEO John Ternus faces his first test with the foldable iPhone launch today, as internal AI efforts struggle and Huawei intensifies competition.