Zomato Lays Off 600 Customer Support Associates Amid AI Push and Slowing Growth
Summary: Zomato has laid off 600 customer support associates just a year after hiring them as it shifts towards AI-driven…
Category: Startup News
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“Narayana Murthy Champions ‘Compassionate Capitalism’: Calls for Fair Wages and Employee Dignity”
Summary: Infosys co-founder Narayana Murthy, speaking at TiE Con Mumbai 2025, urged Indian businesses and entrepreneurs to adopt “compassionate capitalism.”…
Uber Partners with Refex Green Mobility to Deploy 1,000 Electric Vehicles in India by 2026
Summary: Uber has partnered with Refex Green Mobility to deploy 1,000 electric vehicles across Chennai, Hyderabad, Bengaluru, and Mumbai by…
Mumbai’s Emergence as India’s Premier Startup Hub: Analyzing the Reverse Migration Trend
Summary: Mumbai is emerging as India’s top startup hub, witnessing a reverse migration of entrepreneurs from Bengaluru. With rising funding,…
Quick Commerce Players in India Burning Rs 5,000 Crore Per Quarter: Zomato’s Deepinder Goyal
Summary: Zomato CEO Deepinder Goyal stated that India’s quick commerce sector burns about Rs 5,000 crore per quarter, with Blinkit…
Tata Capital Eyes $11 Billion Valuation in India’s Biggest IPO of 2025
Summary: Tata Group’s financial services arm, Tata Capital, is planning an IPO targeting a valuation of up to $11 billion,…
US Court Finds Byju’s and Riju Ravindran Guilty of Fraudulent Transfers
Summary: A U.S. bankruptcy court has ruled that Byju’s, its director Riju Ravindran, and hedge fund Camshaft Capital orchestrated a…
Uber Launches Private Car Rideshare Service in Assam, Ushering in a New Era for India’s Ride-Sharing Landscape
Summary: Uber has launched a private car rideshare service in Assam, announced at the Advantage Assam investment summit. This makes…
PM Modi Inaugurates ‘Invest Madhya Pradesh – Global Investors Summit 2025,’ Highlights India’s Economic Growth
Summary: Prime Minister Narendra Modi inaugurated the ‘Invest Madhya Pradesh – Global Investors Summit 2025’ in Bhopal, highlighting India’s strong…
Tesla Eyes Maharashtra for New EV Manufacturing Plant Amid Tariff Concerns
Summary: Tesla is exploring land in Maharashtra, India, for an electric vehicle (EV) manufacturing plant, with potential sites near Pune’s…