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  • Health-Focused Pet Food Brand Muttley Crew Secures $425,000 in Seed Round to Grow Footprint Across India

    Muttley Crew, a Bangalore-based premium, health-focused pet food brand, announced the successful raise of its seed funding round, raising $425,000. The round saw participation from a group of private investors, reflecting strong confidence in Muttley Crew’s vision, product innovation, and growth potential in India’s rapidly expanding pet care market.

    The funds will be used to scale operations, expand retail presence across India and enhance product development, enabling Muttley Crew to make high-quality, natural, and preservative-free pet nutrition more accessible to pet parents nationwide.

    “This funding is more than a financial milestone – it validates our belief that pets deserve the same quality and care in their food as humans do. At Muttley Crew, we have proven that premium, all-natural, preservative-free treats made with human-grade ingredients can be delivered with transparency, taste, and convenience. With the support of our investors and the strength of our team, we are ready to expand our footprint to more than 100 locations by the next quarter and redefine pet nutrition across India,” said Smriti Thomas, Founder & CEO of Muttley Crew.

    Founded by Smriti Thomas, Muttley Crew has already carved a niche for itself in Bangalore’s growing pet care market; catering to pet parents who prioritize clean, safe and healthy food options. The brand collaborates with veterinarians and pet nutritionists to craft its product range, ensuring both taste and nutritional value.

    Its product portfolio includes innovative treat boxes, designed to make healthy snacking fun and convenient for pets. The brand has also partnered with Bangalore cafes to co-create premium, pet-friendly offerings. Muttley Crew is being featured in the Canine 9 Edu Pet Guide, India’s first natural canine nutrition guide.

    Currently Muttley Crew is present in 20 outlets across Bangalore and has also entered new cities such as Mysore, Hyderabad, Goa, and Kochi.

  • Infosys Begins Annual Performance Review Cycle for Employees

    The yearly performance review cycle of Infosys has begun, reigniting employee expectations for long-awaited pay raises in 2026. In an email, the HR department of the Bengaluru-based IT services behemoth requested that employees submit their self-evaluations by October 17. Employees feel that this appraisal season is more important than the normal one.

    Following delays and smaller-than-normal raises in the previous two years, many are anticipating a rise. This is a standard procedure, but staff anticipate the business will grant them a rise this time, unlike last year, an Infosys employee told the Economic Times.

    How Infosys’ Performance Review Cycle Works?

    The review cycle at Infosys runs from October to September. Usually, ratings are distributed by January, and in June, the final appraisal letters and updated salary are made public. But in recent years, the business has frequently postponed the procedure. The FY24 final appraisal was postponed and released in January and April of 2025.

    While those at JL6 and upwards had to wait until April, employees up to the JL5 level—including team leads—received their raises in January. In comparison with the November 2023 modification, the rises were still 5–10% lower across all bands.

    After a difficult year during which Infosys suspended compensation increases in FY22 to save money, which had a negative effect on staff morale, the 2023 rise was announced. The corporation employs around 3.23 lakh people, and the Indian IT industry pays special attention to its appraisal policy.

    Infosys Asking Employees for their Key Contributions

    Employees have been invited to highlight their major accomplishments, difficulties, and contributions throughout the past year in the current cycle. Additionally, the email instructs employees to identify areas for skill growth, set development goals, and match current goals with future positions.

    “This is your chance to evaluate your main endeavours, results, obstacles, and successes and establish goals that are ready for the future,” the organisation informed staff. Salary increases will once again be determined by performance reviews, with increases being correlated with criteria like “met expectations”, “commendable”, and “outstanding performance”.

    Other Players too Opting for Annual Performance Reveiw

    Infosys is not the only company that is drawing attention to assessments. Tata Consultancy Services (TCS), its competitor, has also begun assessing its performance. Chief Human Resources Officer Sudeep Kunnumal stated in an internal memo that TCS has implemented compensation increases for C3A-level staff, with top performers receiving double-digit rises, starting in September 2025.

    On October 16, Infosys will release its second-quarter financial results. According to analysts, the size of the impending pay increases may depend in part on the company’s financial performance. The big concern for workers is still whether they will get the rise they have been hoping for in 2026.

    Quick Shots

    •Infosys
    has begun its annual performance review cycle for employees.

    •Self-evaluations
    must be submitted by October 17, 2025.

    •Employees
    are hoping for pay hikes in 2026 after two slow years.

    •The review cycle runs from October
    to September each year.

     

     

  • NASA’s Jet Propulsion Lab to Layoff 550 Jobs in Major Restructuring

    NASA’s Jet Propulsion Laboratory (JPL) announced on 12 October that it will reorganise its personnel by laying off around 550 workers, or 10% of its total workforce, in an effort to maintain the facility’s long-term competitiveness. JPL director Dave Gallagher emphasised in a statement that the changes were a part of a larger strategy to restructure the facility and had nothing to do with the present US government shutdown.

    Gallagher stated, “All the while continuing to deliver on our vital work for NASA and the nation, this week’s action is essential to securing JPL’s future by creating a leaner infrastructure, focusing on our core technical capabilities, maintaining fiscal discipline, and positioning us to compete in the evolving space ecosystem,” according to NBC News. Technical, business, and support positions throughout the Pasadena-based facility will be impacted by the layoffs. This week, each employee will receive a unique status update.

    US Administration facing Financial Crunch and Political Headwinds

    However, the centre faces political and budgetary challenges, just like NASA as a whole. As part of a larger federal effort to reduce the size of the government workforce, the agency has maintained budget and staffing cuts in recent years. For many years, the Jet Propulsion Laboratory, which is run by the California Institute of Technology and receives federal funding from NASA, has been essential to US space exploration.

    It developed, constructed, and managed all five of the rovers that made a successful landing on Mars in addition to building the country’s first satellite, Explorer 1, which was launched in 1958. Since Donald Trump assumed office, around 4,000 NASA employees have already left the agency on deferred resignation plans, according to Reuters, reducing the agency’s 18,000-person workforce by nearly one-fifth. In a fresh round of layoffs announced in July, almost 2,000 senior-level employees were targeted for termination.

    Trump Office Laying Off Above 4000 Federal Employees

    NASA was not specifically mentioned in the wave of over 4,000 federal employees laid off by the Trump administration last week amid the protracted government shutdown, which also affected agencies including Treasury and Health and Human Services. The magnitude of JPL’s layoffs demonstrates the conflict between the need for scientific advancement and budgetary restraint.

    The loss of hundreds of highly qualified employees could make project schedules and capabilities more difficult, even though the lab is working on future missions, such as Earth science study and planetary exploration. According to Gallagher, the lab is still dedicated to providing for the public and NASA. He declared, “We are sure that this realignment will improve our capacity to support the country’s leadership in space science and exploration.”

    Quick Shots

    •NASA’s
    Jet Propulsion Laboratory (JPL) to cut 550 jobs, around 10% of workforce.

    •Organizational
    restructuring to ensure long-term competitiveness and fiscal discipline.

    •Technical,
    business, and support positions at Pasadena-based facility.

    •Director Dave Gallagher emphasizes
    focus on core capabilities and leaner infrastructure.

  • Fery Rides Secures ₹2.075 Crore Seed Funding Led by IAN Angel Fund

    Fery Rides, India’s first women-led mobility platform designed for women, has raised INR 2.075 crore in a seed funding round led by IAN Angel Fund, part of IAN Group. The round saw participation from Hari Balasubramanian, Uday Chatterjee, and Sri Prakash. The investment will support the company in enhancing its technology, expanding operations beyond the NCR, and onboarding more women drivers referred to on the platform as Sister Partners.

    Fery Rides addresses one of India’s most pressing challenges: the lack of safe and reliable transportation for women. Every day, millions of women in Indian cities commute with anxiety and fear of harassment. The idea for Fery began when co-founder Ajay Kumar witnessed a close friend being harassed by a ride-hailing driver. “That was the moment he realised how unsafe the daily commute had become for women,” say reports. Together with Vindhya Mehrotra and Himanshu Chaubey, he created a platform prioritising safety, reliability, and dignity.

    The platform ensures that every ride is operated by trained and verified women drivers and is exclusively for women passengers. Technology facilitates easy onboarding, real-time tracking with SOS alerts, and WhatsApp-enabled customer support via a robust app. Moreover, all vehicles are electric, combining sustainability with inclusivity.

    Since its launch in April 2023, Fery has completed over 65,000 eco-friendly rides, empowered more than 250 women drivers, and surpassed 50,000 app downloads. Currently operating in Gurugram, the platform is preparing to scale across Delhi NCR and other major cities. Fery has also partnered with Sakha Cabs for airport rides and participated in pilot operations during the Mahakumbh in Prayagraj.

    Ajay Kumar, Co-founder & CEO, Fery Rides, said, “This fundraise is more than just capital; it’s a strong validation of our mission to redefine mobility for women in India. With the backing of IAN Group and our mentors, we are ready to scale Fery into a national movement for safer, sustainable, and women-led urban transportation.”

    Padmaja Ruparel, Co-founder, IAN Group, added, “Real change happens when innovation meets inclusion. Fery Rides places women at the centre of the solution to one of the biggest challenges — safe mobility. This company has built an innovative solution to a real problem, creating both value and social change. We’re proud to support a team that is redefining transportation through empowerment, technology, and trust.”

    Fery’s model is unique in empowering women on both sides of the ride. It provides commuters with a trusted, stress-free travel option while offering dignified livelihood opportunities for women drivers, often excluded from the gig economy. Sister Partners gain training, financial independence, and confidence, and many are now becoming role models in their communities.

    Beyond statistics, Fery’s journey is deeply human. One early driver, once hesitant to navigate traffic, now completes 20 rides a day and supports her daughter’s ambition of becoming an Olympic athlete. Stories like hers reflect the larger mission of building a movement where women support, trust, and uplift one another through mobility.

  • HCLTech to Increase Employee Salaries from October Following Robust Growth

    HCLTech announced that it will begin giving its workers raises in October, following the lead of its bigger competitor Tata Consultancy Services (TCS), which did so last month with the support of robust revenue growth, improved deal visibility, and sizable artificial intelligence (AI) income.

    The percentage increase that HCLTech would provide to its 226,640 employees was not disclosed. However, the business stated that it will adhere to the same procedure that was used the previous year. HCL has made a big decision by combining quarterly variable compensation with fixed pay for all of its workers, which it claims will help the less experienced workers.

    HCL’s Senior and Midday Level Employee will Receive APB

    Chief people officer Ram Sundararajan said that for the great majority, variable compensation was based on performance at the project level. In order to pay it on a monthly basis, we are combining it with fixed pay. Junior employees will benefit from quarterly performance-level compensation, which was primarily connected to them. HCL reiterated that senior and mid-level staff will continue to receive yearly performance bonuses, which tie compensation to performance.

    During the second quarter, which concluded on September 30, the corporation hired 5,196 new engineering graduates and gained 3,489 employees. As a result, during the first half of the fiscal year, HCL hired roughly 7,180 new employees. Sundararajan had stated in April that the company would hire a lot more new hires in FY26 than in FY25. In FY26, HCL’s voluntary attrition decreased 30 basis points to 12.6%.

    HCL Hired Additional 5,196 Freshers

    Additionally, HCLTech onboarded 5,196 new hires in Q2, bringing the total number of new hires to 7,180 as of H1FY26. On a last-twelve-month (LTM) basis, voluntary attrition was 12.6%, a 20-basis-point decline from the quarter before. On October 13, HCLTech released their Q2 financial results.

    For the quarter that concluded on September 30, 2025, net profit stayed constant at INR 4,235 crore. Compared to INR 28,862 crore in Q2FY25, the company’s revenue increased by 11% to INR 31,942 crore in Q2FY26. Revenue increased 5.2% sequentially, but net profit increased 10.17%. The operating margin increased 120 basis points sequentially to 17.5%. HCLTech has maintained its forecast for revenue growth in FY26 at 3-5% YoY in constant currency, with an operating profit or EBIT margin of 17-18% for the entire year.

    Quick Shots

    •HCLTech
    to implement employee pay raises from October 2025.

    •Junior
    employees’ quarterly variable pay combined with fixed salary for monthly
    payouts.

    •HCLTech
    continue to receive annual performance bonuses (APB).

    •5,196
    freshers joined in Q2; total 7,180 hires in H1FY26.

    •HCLTech’s
    Q2FY26 revenue rose 11% YoY to INR 31,942 crore.

    •HCLTech’s FY26 revenue growth
    maintained at 3-5% YoY, operating margin 17-18%.

  • Harvard Flags 10 College Degrees Losing Value – Could Your Career Be on the Line?

    Harvard University has highlighted that some college degrees may no longer offer the same career value as in the past. In a recent study, economists and faculty pointed out that certain fields are seeing declining returns in terms of career opportunities and earning potential. This has raised questions about the long-term benefits of traditional degree choices.

    Degrees Experiencing Declining Value

    The following degrees were identified in Harvard’s study as facing reduced market value due to oversaturation, technological changes, and evolving labour market demands:

    Degree Reason for Decline
    General Business Administration Oversaturation and changing hiring patterns
    Computer Science Rapid skill obsolescence without continuous learning
    Engineering (Mechanical and Civil) Impact of automation and global outsourcing
    Accounting Automation reducing traditional roles
    Biochemistry Narrow focus with limited career pathways
    Humanities and Social Sciences Careers often require further study or specialised skills
    Psychology Limited direct employment opportunities without advanced degrees
    Sociology Limited direct employment opportunities without advanced degrees
    History Lower mid-career wage growth
    Philosophy Strong critical thinking value but limited marketability

    Harvard University has highlighted that some college degrees may no longer offer the same career value as in the past. Certain fields are seeing declining returns in terms of career opportunities and earning potential, raising questions about the long-term benefits of traditional degree choices.

    Skills Matter More Than Degrees

    Harvard’s research notes that adaptability, interdisciplinary knowledge, and in-demand skills increasingly determine career success. The findings suggest that students focus on developing relevant skills and continuous learning rather than relying solely on traditional degrees for career growth.

    Harvard emphasises that the value of a degree can decline over time if it does not align with changing workplace demands. Graduates from these programmes may need additional skills or further education to maintain competitiveness.

    Harvard Flags College Degrees Losing Market Value

    Harvard University has highlighted that some college degrees may no longer offer the same career value as in the past. Certain fields are seeing declining returns in terms of career opportunities and earning potential, raising questions about the long-term benefits of traditional degree choices.

    Preparing for the Future Job Market

    Students can strengthen their career prospects by:

    • Investing in skills that remain relevant, such as data analytics, coding, AI, or healthcare expertise.
    • Pursuing interdisciplinary programmes that combine technical and creative skills.
    • Engaging in continuous learning and professional development to adapt to evolving industry demands.
    • Focusing on problem-solving, critical thinking, and communication skills, which are valuable across all sectors.

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  • Two Brothers Organic Farms Raises ₹110 Crore in Series B to Expand Manufacturing and International Presence

    Pune-based direct-to-consumer (D2C) brand Two Brothers Organic Farms (TBOF) has successfully raised INR 110 crore (approximately $12.5 million) in a Series B funding round. The round saw participation from 360 One Asset, Rainmatter Investments, the Narotam Sekhsaria family office, and IGNITE Growth LLP.

    This follows the company’s Series A round of INR 58.2 crore last year, led by Zerodha co-founder Nithin Kamath’s Rainmatter Foundation. The new funds will be used to expand processing facilities, strengthen supply chains, and broaden product reach both in India and international markets.

    Focus on Sustainable Growth and Technology

    Founded by Satyajit and Ajinkya Hange, Two Brothers Organic Farms operates on a farm-to-family model, connecting over 5,000 farmers to consumers. The company promotes natural farming, biodiversity, and supports rural livelihoods.

    The brand produces and markets a range of organic products including ghee, rice, jaggery, wheat flour, spices, grains, and pulses. Around 60% of its revenue comes from its own website and app, while 15% comes from e-commerce marketplaces, 16-17% from quick commerce, and 20% from international sales, with the US, Canada, Australia, New Zealand, and the Middle East being its top international markets.

    Strong Revenue Growth and Ambitious Plans

    The company reported INR 108 crore in revenue for FY25, with a target of INR 200 crore for the current financial year. TBOF recorded a 58% year-over-year growth in FY24, generating INR 38.4 crore.

    Looking ahead, Two Brothers Organic Farms plans to collaborate with 50,000 farmers and achieve INR 1,000 crore in annual revenue over the next five years, highlighting a strong growth trajectory in the Indian organic food market.

    The company also intends to invest in technology, improve sourcing efficiency, and scale its distribution networks, aiming to meet the rising consumer demand for clean, traceable, and sustainably sourced food products.

  • Andrew Tulloch Quits Mira Murati’s Thinking Machines Lab to Join Mark Zuckerberg’s AI Team at Meta

    Andrew Tulloch, co-founder of Mira Murati’s AI startup Thinking Machines Lab, has left the company to join Meta Platforms, the parent company of Facebook and Instagram. The move highlights the growing competition among global tech firms for top artificial intelligence talent.

    Andrew Tulloch exits Thinking Machines Lab to join Meta

    Thinking Machines Lab confirmed Tulloch’s departure, saying he had “decided to pursue a different path for personal reasons.” The Wall Street Journal, which first reported the news, stated that Tulloch is heading to Meta to take up a senior AI-related role.

    While his specific designation at Meta has not been disclosed, the hire fits into the company’s broader strategy to strengthen its artificial intelligence research and product development teams. Meta has been expanding its AI division rapidly, focusing on large language models, generative systems, and advanced infrastructure.

    Why Tulloch’s move matters in the AI talent war

    Tulloch is a respected AI researcher and engineer who previously worked with Meta before co-founding Thinking Machines Lab earlier this year alongside former OpenAI CTO Mira Murati. His decision to return to Meta suggests that large tech companies continue to hold a strong pull, even as high-profile startups attempt to attract top researchers with promising missions and equity-based incentives.

    The move also reflects a broader pattern in the industry. Companies like Meta, OpenAI, Anthropic, and Google DeepMind are offering multi-million-dollar packages to secure leading AI experts. According to reports, Tulloch had earlier declined a billion-dollar offer from Mark Zuckerberg, though this figure has not been officially confirmed by either party.

    What we know (and what we don’t)

    • Confirmed: Tulloch has officially left Thinking Machines Lab. The company has acknowledged his exit.
    • Confirmed: He is joining Meta, though the company has not released details of his new role or the start date.
    • Unconfirmed: Compensation details and the specific project or department Tulloch will join have not been made public.
    • Background: Thinking Machines Lab, founded in early 2025, focuses on advanced machine learning tools, including a platform called Tinker. The company has attracted global attention for its vision to build human-centric AI systems.

    Impact on Thinking Machines and the AI industry

    The departure of a co-founder is likely to be a moment of transition for Thinking Machines Lab, though not necessarily a setback. The company continues to be led by Mira Murati, who has been central to its research direction and long-term strategy.

    For Meta, the hire reinforces its aggressive push to build AI capabilities that can rival OpenAI and Anthropic. The company is investing heavily in AI infrastructure, open-source models, and new research teams under its FAIR (Fundamental AI Research) division. Tulloch’s experience across both research and engineering makes him a valuable addition to that effort.

    Industry observers say this move highlights the growing tug-of-war for AI expertise as companies race to build models that can define the next generation of computing.

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  • Alliance Air Launches Fixed Fare Scheme, Offers Stable Airfares Till December 31

    Alliance Air, a government-owned regional airline, introduced ‘Rates Se Fursat’, a new pricing programme, on Monday to relieve travellers of the burden of fluctuating rates. According to an official, the latest initiative, which was introduced by Civil Aviation Minister Rammohan Naidu Kinjarapu in front of Civil Aviation Secretary Samir Kumar Sinha, Alliance Air Chairman Amit Kumar, and airline CEO Rajarshi Sen, offers a single, fixed fare that stays the same regardless of the booking date, even on the day of departure.

    To assess the initiative’s operational viability and passenger response, a pilot programme will be launched on a few routes between October 13 and December 31, 2025.

    Indian Aviation Sector’s Dynamic Air Pricing

    The majority of the Indian aviation market uses a dynamic pricing model, meaning that demand, seasonality, and competition all affect ticket prices in real time. According to the statement, although it works well for managing income, passengers frequently become frustrated by the unpredictability of last-minute fares.

    According to the statement, “Fare Se Fursat” seeks to solve this persistent issue by bringing consistency and transparency to pricing. During the introduction, Naidu stated that the “Fare Se Fursat” plan is a perfect fit with the fundamental ideas of the UDAN plan. Prime Minister Narendra Modi’s goal of democratising aviation and making it accessible to the middle class, lower middle class, and neo-middle class is being carried out today by Alliance Air.

    Alliance Air carried 37,000 passengers in total during the reporting month, accounting for 0.3% of the 1.29 crore passengers carried by all domestic carriers during that month, according to the August DGCA monthly traffic figures. According to DGCA data, the airline’s OTP was the lowest among the five carriers—IndiGo, Akasa, Air India Group, and SpiceJet—at 55% in August 2025, despite recording a load factor of 68.7%. According to the aircraft fleet tracking website Planespotter, as of October 11, it has eight aircraft in operation and twelve on the ground out of a total of twenty in the fleet.

    Aiming at Making Aviation More People Oriented-Naidu

    Making aviation more people-orientated has been Naidu’s main goal since assuming leadership of the ministry. The minister went on to say that even for last-minute reservations, the static ticket system ensures cost predictability by removing the uncertainty and anxiety brought on by fluctuating airfares. He claimed that the introduction of Udan Yatri Cafes, which sell tea for INR 10, coffee for INR 20, and snacks for INR 20 at airports, is elevating and lowering the cost of air travel.

    “Now we are taking a step further and addressing the major concern of passengers, which is the airfare,” Naidu stated. With the concept of One Route, One Fare, Alliance Air has taken a daring and exemplary move, the minister added, characterising the airline as the “backbone” of the government’s regional air connectivity initiative UDAN, which links Tier-2/3 cities to the national aviation network. It is genuinely ‘Naye Bharat ki Udaan’ to be concerned with public service and not just profit.

    Quick Bites

    ·       
    Rates Se Fursat” — a new fixed
    fare initiative by Alliance Air.

    ·       
    Pilot phase from Oct 13 to Dec
    31, 2025 on select routes.

    ·       
    To relieve travellers from
    fluctuating airfares and offer price transparency.

    ·       
    Introduced by Civil Aviation
    Minister Rammohan Naidu Kinjarapu in presence of senior officials.

  • Daily Indian Funding Roundup & Key News – 13th October 2025: GoodScore Raises $13 Mn, Dezerv Secures $40 Mn, Chara Technologies Gets $6 Mn, Jio Payments Bank & Foxconn Updates

    India’s startup and corporate ecosystem witnessed significant developments on 13th October 2025, with notable funding rounds, technological advancements, and strategic investments. Key highlights include fintech startup GoodScore raising $13 million, wealthtech firm Dezerv securing $40 million, and deep-tech Chara Technologies obtaining $6 million. Additionally, Jio Payments Bank forays into next-gen tolling, and Foxconn announces a INR 15,000 crore investment in Tamil Nadu.

    Daily Indian Funding Roundup – 13th October 2025

    Company Amount Round Lead investor(s) Sector
    GoodScore $13 Mn Series A Peak XV Fintech / Credit scoring
    Dezerv $40 Mn Series B Premji Invest; Accel Wealthtech / Investment advisory
    Chara Technologies $6 Mn Series A Arkam Ventures; Exfinity Venture Partners; Kalaari Capital; IIMA Ventures Deep-tech / Electric powertrain solutions

    GoodScore raises $13 Mn in Series A led by Peak XV

    GoodScore, a fintech startup, raised $13 million in Series A led by Peak XV. The platform enhances credit scoring using advanced technology, focusing on underserved customers. The funds will scale operations, improve AI-driven analytics, and expand financial inclusion, helping individuals and small businesses access loans and financial services efficiently.

    Dezerv raises $40 Mn led by Premji Invest and Accel

    Dezerv, a wealthtech firm, secured $40 million in a funding round led by Premji Invest and Accel. The platform provides tech-driven investment advisory and portfolio management. Funds will support technology expansion, product development, and customer acquisition, making sophisticated wealth management accessible, personalized, and scalable across India for retail and high-net-worth investors.

    Chara Technologies raises $6 Mn in Series A led by Arkam Ventures

    Chara Technologies, a deep-tech startup, raised $6 million in Series A led by Arkam Ventures, with participation from Kalaari Capital and Exfinity Venture Partners. The company develops rare-earth-free electric motors and controllers. Funds will accelerate production, R&D, and technology development, supporting sustainable, high-performance EV powertrain solutions for domestic and global markets.

    Key Business News for 10th October 2025

    Jio Payments Bank Expands into Next-Gen Tolling Services

    Jio Payments Bank has secured a contract to implement a FASTag-based Automatic Number Plate Recognition (ANPR) system for Multi-Lane Free Flow (MLFF) tolling at two toll plazas between Gurugram and Jaipur. This initiative aims to enhance digital infrastructure and streamline highway toll operations across India.

    Foxconn to Invest INR 15,000 Crore in Tamil Nadu, Creating 14,000 Jobs

    Foxconn has committed INR 15,000 crore to establish advanced manufacturing and R&D operations in Tamil Nadu, focusing on AI-driven technology and value-added production. The investment is expected to generate 14,000 high-value engineering jobs, marking a significant boost to the state’s electronics sector.

    Daily Indian Funding Roundup & Key News – 10th October 2025
    India’s startup and corporate ecosystem saw notable developments on 10th October 2025, with key funding rounds, IPOs, and strategic investments shaping the business landscape.
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