Tag: #news

  • Trupeer.ai Raises $3M Led by RTP Global to Unlock AI Videos for Business Workflow Communication

    Over 10,000 teams use Trupeer to turn raw screen recordings into instant, studio-quality product videos across 50+ languages for product marketing, customer success and training in seconds.

    Every product demo starts with a screen recording. But for most teams, turning that into something polished can mean hours of editing, painful handoffs, or bloated video tools. Trupeer, the AI video platform built specifically for software and business workflows, has raised $3 million to change that.

    The seed funding round was led by RTP Global, with participation from Salesforce Ventures following Trupeer’s win at the Salesforce AI Pitchfield, and a consortium of over 20 CIO and CTO angel investors from Fortune 500 companies. This round supports Trupeer’s mission to reinvent how teams create product videos, tutorials, and walkthroughs. With a single raw screen recording, Trupeer’s AI engine can produce a clean, professional video in seconds, complete with AI voiceovers, avatars, highlights, and the ability to translate video instantly into 50+ languages.

    Trupeer was founded by Shivali Goyal and Pritish Gupta, who saw a pattern across teams: product knowledge was hard to share, and even harder to scale.  They experienced this firsthand, Shivali while driving digital transformation projects at BCG, and Pritish while leading large teams at fast-growing startups. That one insight led to hundreds of conversations with SaaS founders, IT leaders, and customer teams – all looking for a faster, more flexible way to create high-quality product marketing and training content.

    “Software should be easy to explain. But until now, making good product videos meant spending hours editing or thousands of dollars on production,” said Shivali Goyal, CEO and co-founder of Trupeer. “We built Trupeer so anyone can turn a simple recording into a polished video that’s clear, searchable, and ready to scale, without needing any professional video skills.”

    With Trupeer, teams drop in a rough recording of a demo, a process walkthrough or an internal how-to, and the platform handles the rest. Its multi-modal AI pipeline removes filler words, generates studio-quality voiceovers, adds intelligent zooms and subtitles, tracks cursor actions, and inserts a humanlike AI avatar for a more engaging delivery. Alongside the video, Trupeer automatically generates step-by-step documentation with screenshots and summaries, giving users everything they need to explain a product clearly, instantly, and at scale. 

    Unlike traditional video editors or generic screen recorders, Trupeer is built to meet the speed and complexity of modern businesses. Its AI personalization layer creates multiple versions of a single video, tailored by audience, language, or brand style, and lets teams share them instantly through public links or embedded formats.

    Trupeer is already being used by over 10,000 teams globally, from fast-growing startups to Fortune 500 companies. As a result, teams are going live with customers faster, cutting support tickets, and slashing training time across departments.

    Trupeer’s momentum also reflects a broader shift: video has become the dominant format for sharing knowledge, and teams need faster, more adaptable tools to keep up.

    “Trupeer is reimagining content creation by turning what was once complex, costly, and manual into a fast, automated, and scalable process. From onboarding to support and training videos, they’re making high-quality product content accessible in minutes”, said Madhur Makkar, RTP Global. “We’ve been incredibly impressed by the positive feedback Trupeer has garnered from its users—they’re clearly building something that resonates with a passionate customer base. We’re excited to support Shivali and Pritish as they build a defining company in AI-powered content infrastructure.”

    Looking ahead, Trupeer is expanding beyond screen recordings. The team is building new ways to generate video from documents, personalize content at scale, and integrate natively with the tools where teams already work, from CRMs to learning platforms. Longer term, the vision is bigger: a system that doesn’t just create product knowledge, but acts like a common brain for organisations; allowing anyone, anywhere to create, share and access every single piece of information, workflow and process that exists in the workspace. Trupeer started with a vision to make technology accessible for all, and this fundraise is the first step in that direction.

    About Trupeer

    Trupeer is an AI-powered platform that transforms screen recordings into studio-quality product videos, automatically. Designed for fast-moving teams in product, support, sales, and training, Trupeer helps businesses scale software content without scaling production teams. From removing pauses and filler words to adding dynamic cuts, zooms, voiceovers, and translations, Trupeer creates polished, professional videos in minutes, along with step-by-step guides and documentations. Backed by RTP Global, Salesforce Ventures and a consortium of over 20 CIO and CTO angel investors from Fortune 500 companies. Trupeer is trusted by thousands of teams globally to make product documentation and enablement 10x faster, smarter, and easier.

    About RTP Global

    RTP Global is an early-stage venture capital firm, backing the founders who use technology to reimagine how the world works. Since 2000, RTP Global has made over 150+ investments worldwide, with one in 10 becoming multi-billion dollar companies and one in 20 publicly trading at over $10bn. Notable investments include Datadog, DeliveryHero, Cred and SumUp. RTP Global has offices in New York, London, Paris and Bangalore.

  • Tesla Hits the Road in India with Model Y Launch

    With the launch of its first dealership in Mumbai’s Bandra Kurla Complex, Tesla has made its debut in the Indian market. The Model Y, which will be priced at INR 59.89 lakh for the entry-level RWD form and INR 67.89 lakh for the long-range variant, will serve as the brand’s representation in the nation.

    In the meantime, the car costs INR 61.07 lakh and INR 69.15 lakh on the road, respectively. In the US, the Model Y costs $46,630, or roughly INR 40.01 lakh; in China, it costs 263,500 yuan, or roughly INR 31.57 lakh; and in Germany, it costs 45,970 euros, or roughly INR 46.09 lakh.

     Because of import taxes and delivery charges, the Indian edition is therefore among the priciest. because the model is offered for sale in the nation as fully constructed units (CBUs). As a result, Indian consumers are experiencing inflation.

    Tesla’s Sales Hit Low in China and Europe

    At a time when its sales in China and Europe are declining, Tesla is making its debut in the Indian market with the vehicle Y as its flagship vehicle. The business reportedly transported its first shipment of Model Y rear-wheel drive SUVs to India from its China plant.

    Additionally, before deliveries start, the business plans to deploy superchargers in India. It would initially concentrate on Mumbai and Delhi.

    Battery packs are available for the Tesla Model Y rear-wheel-drive variant in India: a 60 kWh and a larger 75 kWh model. One electric motor producing 295 horsepower powers this RWD model. With a full charge, the 60 kWh battery is supposed to have a WLTP range of 500 km, whilst the long-range model promises a range of 622 km.

    Indian Government Assures No Special Treatment

    Piyush Goyal, the minister of commerce and industry, reiterated earlier this year that India will not create policies specifically for any one business.

    Rather, the government wants to construct a wide framework that will entice international EV manufacturers to set up production facilities in India, which is currently the largest economy with the highest rate of growth in the world.

    In order to lessen carbon emissions and the nation’s significant reliance on oil imports, Goyal also underlined the government’s dedication to developing a strong EV ecosystem. The Tesla Model Y will come with two interior trim options and seven exterior colour options in India.

    The car also has a fixed glass roof, a motorised tailboard, dual-zone climate control, power-adjustable front seats and steering column, a 15.4-inch touchscreen screen in front, an 8-inch display for the backseaters, and 19-inch crossflow wheels.

  • Plum Bets Big on Digital Health with INR 200 Cr Investment

    Plum, an insurtech business based in Bengaluru, has allegedly committed INR 200 Cr ($23.3 Mn) for the next three to four years in order to develop into full-stack digital health services. The Tiger Global-backed business is launching Plum Health to provide working professionals throughout India with AI-powered health tracking, teleconsultations, and diagnostic services.

    The money will be used to hire clinical and engineering personnel, build IT infrastructure, scale collaborations, and launch go-to-market campaigns, according to a media report that quoted Plum’s cofounder and CEO, Abhishek Poddar.

    This investment will be heavily focused on technology. He went on to say that the financing will support the startup’s expansion strategy. Cash reserves and earnings from Plum’s main insurance operation will be used to fund it.

    Prayat Shah to Lead the Healthcare Vertical

    Prayat Shah, the founder of the healthtech startup Wellthy Therapeutics, is also joining Plum to head the healthcare division. Shah worked as a consultant for firms like KPMG and PwC Consulting before joining Wellthy Therapeutics about ten years ago.

    Plum is a B2B insurtech platform that works with startups and SMEs to offer insurance, healthcare, and well-being benefits to staff members. It was founded in 2019 by Poddar and Saurabh Arora. The Bengaluru-based business has developed algorithms for fraud detection and underwriting that let businesses take advantage of group insurance.

    Plum collaborates with companies including Zomato, Swiggy, SmallCase, WeWork, and others, according to the company’s website. According to Plum, it serves over 500K people and has over 4,000 customers overall.

    In total, Plum has raised $20.6 million since its founding. Among them are Sequoia Capital, Tracxn Labs, Incubate India, Tanglin Venture Partners, Incubate Fund, and Gemba Capital. It faces competition from companies like Onsurity, Nova Benefits, and Pazcare.

    Healthcare Sector Became a Lucrative Platform for Indian Startups

    The move coincides with a flurry of activity as several new businesses are putting their money on the expanding healthcare industry. For example, less than a month ago, Amazon India introduced Amazon Diagnostics, an at-home healthcare service.

    Additionally, the board approved PB Fintech, a prominent insurtech company, to merge PB Healthcare, its healthcare division. In May of this year, the vertical raised $218 million in its initial round of funding, which was headed by General Catalyst.

    To support their expansion aspirations, investors are swarming into the healthtech sector. According to recent data from a media house, the healthtech industry closed 29 agreements totalling $377 million in the first half of this year. While Dozee raised INR 71.5 Cr in a combination of financing and equity earlier in March, CureBay raised $21 million in May.

  • Intel to Slash 4,000 Jobs by Mid-July in Major Restructuring Push

    As part of a company-wide restructuring spearheaded by new CEO Lip-Bu Tan, Intel Corporation has announced a new round of layoffs that will impact 2,400 more employees, bringing the total number of job cuts to almost 4,000 nationwide.

    Almost 2,400 jobs will be lost in Oregon alone, making this one of the biggest tech layoffs in Oregon’s history. The cuts will be implemented by mid-July and will affect several US states, including California, Arizona, and Texas.

    Intel, a major R&D centre with more than 20,000 employees in Oregon, will lay off more than 1,500 workers at its Ronler Acres complex in Hillsboro. The action highlights the company’s changing priorities and budgetary limitations in the face of the semiconductor industry’s rapid transformation.

    Intel-Oregon’s Tech Pillar

    Intel has long been a mainstay of Oregon’s tech economy and the state’s largest employer in the private sector. The average annual pay for semiconductor employment in the state is $180,000, which is far more than the state median.

    It is anticipated that the layoffs will have an effect on consumer spending and state tax receipts throughout the Oregon economy. CEO Lip-Bu stated that Intel was truly in the lead twenty or thirty years ago. According to reports, earlier this week, Tan informed staff, “Now… we are not in the top 10 semiconductor companies,” highlighting the need for a restructuring.

    It has taken years for Intel to start declining. It has lost its position as the undisputed leader in the global semiconductor business to Taiwan Semiconductor Manufacturing Co. (TSMC), which now provides cutting-edge processors to firms like Apple and Nvidia.

    Intel Failed to Capture AI Chip Market

    Additionally, Nvidia, which produces the GPUs that power the majority of massive AI models and data centres, has surpassed Intel in the market for AI chips. Tan acknowledged that Intel must now shift its focus to related AI and edge computing technologies since it is “too late” to lead in AI training chips.

    A significant restructuring of Intel’s core business is indicated by the company’s decision to leave the automotive chip business, outsource its marketing to Accenture, and reduce employment in the Foundry Division by 20%. Known for his experience in semiconductors and venture finance, including his work with Cadence Design Systems, Lip-Bu Tan assumed the role of CEO earlier this year.

    His strategy mainly focusses on optimising processes and bringing Intel back to profitability through technological alliances and cost reductions. Intel continues to collect about $260 million in tax benefits from Oregon each year while restructuring is going on; this could come under scrutiny if future expansion plans are postponed or abandoned completely.

  • The Wedding Company Raises $1 Million Pre-Seed Round to Revolutionize Wedding Planning in India

    The Wedding Company, a full-stack wedding planning and fulfillment platform, announced today that it has raised $1 million in a pre-seed funding round from a group of marquee investors. The round was led by LVX (previously LetsVenture), Tremis Capital, with participation from other notable angels, including Chaitanya Ramalingegowda, Wakefit cofounder, Ajith Pai, Delhivery COO, and Arash Ferdowsi, Dropbox cofounder.

    The funds will be used to expand operations into new cities, invest in product and technology, and build a strong vendor partner network to standardize wedding service delivery at scale. The Wedding Company is building India’s first tech-enabled wedding planning platform, streamlining the $130B unorganized wedding market. From venues and photography to décor, catering, and logistics, The Wedding Company delivers a superior customer experience by offering reliable professional wedding services across all key categories without pinching customers’ pockets. Launched in 2023, The Wedding Company has already fulfilled INR 60 Cr (~$7.2M) worth of wedding service orders, managing 1,000+ weddings across 8 cities. In just 24 months, monthly order bookings have scaled 100x, surpassing INR 10 Cr in service orders and INR 1 Cr in net monthly revenue, making The Wedding Company one of the fastest-growing startups in the category.

    “Weddings in India are large, emotional, and logistically complex,” said Pawan Gupta, co-founder of The Wedding Company (YC, MIT alum). “While the market is massive, there is no trusted brand managing fulfillment at scale. TWC is building tech-led, quality-assured, and operationally deep digital wedding planning and fulfilment experience”

    “We believe The Wedding Company is solving a high-friction, high-value problem in one of India’s largest consumer categories,” said Chaitanya Ramalingegowda, Wakefit cofounder. “The team’s execution velocity and market insight stood out.”

    The Wedding Company was founded by second-time entrepreneurs and backed by experienced operators and investors who’ve built some of India’s leading consumer brands.

    About The Wedding Company

    The Wedding Company is India’s first full-stack wedding planning and fulfillment platform, enabling modern Indian couples to plan, book, and execute their dream weddings effortlessly. Operating across multiple cities, TWC curates verified vendors, offers best competitive deals, and manages end-to-end execution — all to craft truly memorable wedding experiences.


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  • C.S. Panchal and Co.: Seven Decades of Excellence in Cam Component Manufacturing

    New Delhi [India], July 15: Established in 1960, C.S. Panchal & Co. has carved a niche for itself in the manufacturing sector, specializing in high-quality cam components for various industries, including textiles, pharmaceuticals, and packaging. What started as a modest unit in Dariapur Khadia-Naka has flourished into a significant player in the field, marking nearly seven decades of dedication and innovation.

    The journey commenced when founder Chhaganlal Shivram Panchal took on a challenging order to manufacture cams for the textile industry. This commitment to quality and service led to the successful supply of products to a prominent company in Mumbai, establishing a solid reputation. By 1970, the company expanded its operations with a new unit in Dudheshwar, where the focus on cam manufacturing intensified.

    The entry of Naresh Chhaganlal Panchal as a partner brought a new dimension to the business. His expertise and collaborative efforts with partner Amrutlal Prabhudas Panchal facilitated large-scale production, meeting the increasing demands of traders across Ahmedabad and beyond. The company soon garnered orders from various parts of India, establishing a robust national footprint.

    Today, C.S. Panchal & Co. is under the dynamic leadership of Rajesh Naresh Panchal, the next generation of the Panchal family. A young entrepreneur, Rajesh has infused modern technology into the manufacturing process by introducing CNC machinery, significantly enhancing production capabilities and precision. This strategic move has allowed the company to cater to diverse applications, including weaving, spinning, Pharmaceuticals, Packaging Machinery, Looms like rapier loom, Airjet Looms, Water-Jets, Sulzer and even fishnet manufacturing.

    Naresh Panchal reflects on their journey, stating, “Our commitment to quality and customer satisfaction has always been at the forefront of our operations. It’s about building trust with our clients and ensuring they receive the best products.”

    With a commitment to quality, C.S. Panchal & Co. produces a wide range of cams for various loom applications including Picanol air jet looms, Delta air jet looms, and many others. The company prides itself on utilizing high-grade raw materials and state-of-the-art machinery to ensure that every product meets stringent industrial standards.

    Rajesh adds, “Innovation is key to our success. By embracing new technologies, we not only enhance our production capabilities but also position ourselves to explore new markets and opportunities.”

    The company’s product portfolio is impressive, showcasing high functionality and durability. Cams manufactured by C.S. Panchal & Co. are known for their easy operation, low maintenance, and corrosion resistance, making them indispensable across numerous sectors, including printing and pharmaceuticals.

    Under the seasoned guidance of Naresh and Rajesh Panchal, C.S. Panchal & Co. has not only secured a prominent position in the Indian market but is also making strides in international markets, exporting quality products to countries like Uzbekistan and Turkey.

  • WeWork India Gets SEBI Nod for IPO, Set to Raise Funds via Offer for Sale

    According to the Securities and Exchange Board of India’s (SEBI) most recent processing status statement from July 2025, WeWork India Management Limited (WeWork India), one of the country’s top operators of flexible workspaces, has been approved by SEBI for its initial public offering (IPO).

    Up to 43,753,952 equity shares will be offered for sale (OFS) as part of the IPO; no new shares will be issued. According to the document, the OFS comprises up to 33,458,659 equity shares offered by the Promoter Selling Shareholder Embassy Buildcon LLP and up to 10,295,293 equity shares offered by the Investor Selling Shareholder 1 Ariel Way Tenant Limited.

    The issue’s Book Running Lead Managers are a group of top investment banks, including JM Financial Limited, ICICI Securities Limited, Jefferies India Private Limited, Kotak Mahindra Capital Company Limited, and 360 ONE WAM Limited.

    WeWork India Leading the Race

    For the last three fiscal years, WeWork India has been the biggest operator in India’s premium flexible workspace market by total revenue, according to CBRE. The company has built enduring ties with multinational corporations, including Amazon Web Services, JP Morgan, Warner Bros. Discovery, Deutsche Telekom, and Grant Thornton, thanks to its strong brand, top-notch infrastructure, and affiliation with the WeWork worldwide network.

    Embassy Group, one of India’s leading real estate developers, owns the bulk of WeWork India, which operates under an exclusive licensing deal with the worldwide WeWork brand. In addition to sponsoring Embassy REIT, Asia’s largest office REIT by leasable area and India’s first, Embassy has delivered more than 85 million square feet of commercial real estate.

    WeWork India’s Business Operations

    As of June 30, 2024, approximately 93% of the company’s portfolio consisted of Grade A assets, where it primarily develops, constructs, and manages workspaces. Tier 1 cities such as Bengaluru, Mumbai, Delhi, Gurgaon, Noida, Pune, Hyderabad, and Chennai are served by WeWork India.

    WeWork India’s operating portfolio as of September 30, 2024, included 94,440 desks spread over 59 centres, totalling 6.48 million square feet of leasable space. WeWork Global’s vast network of about 600 locations in 35 countries is another advantage for the business.

    Due to a robust IPO market and a resurgence of investor interest in tech equities, a number of technology businesses intend to go public in 2025.

    Lenskart, an eyeglasses startup, has contacted investment banks to present for the mandate for its possible initial public offering (IPO), which may raise $1 billion. Groww, a stock broker, had selected five investment banks for a $1 billion initial public offering.

    In the near future, startups like SoftBank-backed OfBusiness, contract maker Zetwek, and financial unicorn Pine Labs hope to raise $1 billion through initial public offerings (IPOs). Up to 25 firms hope to debut on the public market in 2025.

    This comprises companies that aim for $500 million initial public offerings (IPOs), such as edtech company PhysicsWallah, AI unicorn Fractal, construction materials portal Infra.market, and leader in rapid commerce Zepto.

  • Jensen Huang Dismisses Fears: US AI Chips Unlikely in China’s Military

    According to Jensen Huang, CEO of Nvidia Corp., the US government need not worry about the Chinese military enhancing its capabilities with the help of his company’s goods.

    Huang claimed that the Chinese military will refrain from utilising US technology due to the dangers involved, which is the main reason Washington has given for tightening limits on US technology exports to the Asian country.

    In an interview on July 13, Huang said that the US need not be concerned about it. He went on, “They just can’t rely on it.” “Of course, it could be limited at any moment.”

    US Government Imposed Restrictions on Nvidia

    Citing worries about possible military uses, the US government has prohibited the export of Nvidia’s most cutting-edge semiconductors to China since 2022. Earlier this year, Nvidia’s H20 artificial intelligence processors, which were the company’s most potent AI chip approved for sale in China, were likewise prohibited from entering the US.

    Under ever stricter regulations intended to prevent China from gaining access to the most advanced artificial intelligence capabilities, Huang and his colleagues have lost out on billions of dollars in revenue. Unrestricted employment of the most capable components would be a national security danger, according to successive Washington governments.

    Before travelling to Beijing, Nvidia’s CEO, who was in Washington last week, stated that the approach will fail because it will encourage the development of indigenous capabilities in China that will eventually compete with those developed by the US technology industry.

    Nvidia Calling US Restrictions Unfair

    In order to keep their products at the forefront of AI development, Nvidia and its peers argue that US businesses should be permitted to ship to the largest semiconductor market in the world.

    Huang has commended the administration’s efforts to boost local semiconductor production and met with President Donald Trump last week to reiterate his position.

    The majority of Taiwan Semiconductor Manufacturing Co.’s manufacturing facilities are situated on its native island, which is situated just off the Chinese mainland. Nvidia and other companies are reliant on these facilities.

    Trump bragged about Nvidia’s achievements and how it became the first American business to reach a $4 trillion market valuation.

    Although the specifics of a White House meeting between the two were not disclosed, politicians and the administration on both sides have so far maintained their stance against granting Chinese businesses additional access.

    However, Democratic Senator Elizabeth Warren and Republican Senator Jim Banks wrote a letter on 11 July urging Huang to avoid meeting with Chinese businesses that have connections to Beijing’s military and intelligence agencies or are suspected of undermining US semiconductor export rules. According to a news agency, they also particularly warned against doing business with organisations on the US prohibited export list.

  • Wipro Consumer Care & Lighting Names Kumar Chander as New CEO

    After 40 years with the company, Vineet Agrawal, MD of Wipro Enterprises and CEO of Wipro Consumer Care & Lighting, will retire in January 2026. With effect from February 1, 2026, Kumar Chander, who is currently President of Southeast Asia and Yardley India, will take over as CEO.

    Chander will start working with Agrawal in October 2025 to guarantee a smooth handover. He will work out of the Bengaluru headquarters of Wipro Enterprises. After working for Wipro since 1985, Agrawal was appointed CEO of Wipro Consumer Care & Lighting in 2002.

    Over the past twenty years, he has been instrumental in transforming the business into a major FMCG force on a global scale. Under his direction, the business made 15 acquisitions, greatly increased the number of international brands it owned, and made Santoor one of the top two soap brands in India.

    Changing Business Dynamics of Wipro

    Wipro’s concentration was mostly on vanaspati, soap, and lighting products in India before Agrawal took over in 2003. The company now operates in over 60 countries in the culinary, lighting, skincare, personal care, home care, and seating sectors.

    Vineet has been instrumental in transforming Wipro Consumer Care & Lighting from a domestic player to a truly global enterprise, growing the company from INR 300 crore in 2003 to over INR 10,600 crore today, according to Azim Premji, chairman of Wipro Enterprises, who discussed the transition.

    Vineet oversaw 15 significant acquisitions, turned Santoor into a well-known Indian brand, and established a solid foundation for innovation and expansion. A lasting legacy has been left by his innate grasp of people, culture, and long-term value development. The company would like to express its gratitude to him for his outstanding work over the past forty years.

    Premji further added, “It gives me great pleasure to introduce Kumar Chander as the incoming MD of Wipro Enterprises and CEO of Wipro Consumer Care & Lighting.” Chander provides keen strategic vision and executional depth to Wipro, where he has worked for 33 years and built a solid reputation in both Indian and foreign markets.

    His leadership is demonstrated by the fact that he helped us rank first in Malaysia’s personal care market and in the top three in a number of others. “Kumar is incredibly well-positioned to guide us into the next chapter because of his humility, fairness, strategy, and business acumen,” Premji continued.

    Agarwal’s Journey in Wipro

    After working for Wipro since 1985, Agrawal was appointed CEO of Wipro Consumer Care & Lighting in 2002. Over the past twenty years, he has been instrumental in transforming the business into a major FMCG force on a global scale.

    Under his direction, the business made 15 acquisitions, greatly increased the number of international brands it owned, and made Santoor one of the top two soap brands in India. “It has been a privilege to be part of Wipro for 40 years and to lead Consumer Care & Lighting over the last two decades,” Agrawal said, looking back on his career.

    “Together, we have established a multinational corporation based on integrity, rigorous execution, and robust processes. I am appreciative of the chance to guide through a time of profound change and proud of the foundation we have established. Wipro’s dedication to creating with purpose and long-term concentration has influenced our path. I have complete faith that Kumar will lead Wipro to even higher heights because of his unique leadership style and extensive worldwide expertise,” he added further.

  • Daily Indian Funding Roundup & Key News – 14 July 2025

    While no fresh funding rounds were confirmed today, India’s startup and tech ecosystem saw significant developments across public markets, enterprise strategy, and civic innovation. From Ola Electric’s improving margins to Groww’s new platform, here are the key highlights.

    Key News Highlights for 14 July 2025

    Ola Electric shares soar after Q1 results

    Ola Electric’s shares rose approximately 17–18% to around ₹46–47 on the BSE following its June-quarter earnings release. Despite reporting a still-widening net loss of ₹428 crore, sequential improvement was notable—down from ₹870 crore in the previous quarter. Operational efficiencies were clear: auto segment gross margins jumped to 25.6% from 13.8%, and June marked the first EBITDA‑positive month for the auto business. The company expects FY 26 gross margins of 35–40%, with revenues projected at ₹42-47 billion.

    Groww to launch ‘915’ trading platform

    Ahead of its planned Initial Public Offering, Bengaluru-based Groww is set to roll out a new trading platform named ‘915’, targeting high-volume and professional traders. The move aims to diversify its revenue streams beyond retail investors.

    Blinkit shifts to an inventory‑led model from 1 September

    Eternal’s rapid commerce arm, Blinkit, plans to transition to an inventory-led business model starting 1 September 2025. Under this, Blinkit will purchase stock directly from sellers (opting in by 30 July) and manage compliance, warehousing, and reverse logistics. The shift aims to improve margins and supply chain control, supported by IOCC status—Eternal anticipates investing under ₹1,000 crore in inventory capital.

    TCS prioritises wage hikes amid margin focus

    TCS CFO Samir Seksaria told PTI that delivering deferred salary increases to over 600,000 employees remains a priority. The company is targeting operating margins in the 26–28% range, up from 24.5% in Q1, balancing wage costs with growth and margin recovery.

    EaseMyTrip’s Prashant Pitti pledges ₹1 crore for Bengaluru traffic

    EaseMyTrip co‑founder Prashant Pitti announced he would personally commit ₹1 crore towards developing an AI and Google Maps-based solution to map and alleviate Bengaluru’s traffic congestion. The pledge, shared on LinkedIn/X, reflects an entrepreneur stepping into urban infrastructure challenges

    Jane Street deposits ₹4,843 crore in escrow to comply with Sebi

    U.S. quant firm Jane Street deposited ₹4,843.5 crore (~$567 million) into an escrow account, complying with Sebi’s interim order amid allegations of market manipulation linked to Bank Nifty options. The deposit is a mandatory step toward lifting its trading ban in India, subject to regulatory review. The firm maintains its trading was “basic index arbitrage” and reserves the right to contest Sebi’s findings.


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