Plum Insurance raises $20 million, offers partial exit to Incubate Fund Asia
The new funding round valued Plum Insurance at $125 million ( ₹1,181 crore), almost double its 2021 valuation of $66…
Category: Business
Business
Bain, EQT, TPG enter final leg of race for UK’s Vitabiotics at $900 mn-$1 bn valuation
With deal activity accelerating across supplements and nutraceuticals, several mid-size deals have been announced recently as companies look to capture…
China bars Manus co-founders from leaving country as it reviews Meta’s $2 billion acquisition: Report
In December, Meta said it would acquire Manus, which makes general-purpose AI agents that can operate as digital employees, executing…
Epic Games layoffs: Fortnite maker to slash 1,000 jobs, says ‘sorry’ — What we know so far; read full memo to employees
Epic Games employees who are being laid off in the current cycle will be provided with a severance package, including…
HCLTech eyes software biz reboot in AI era
For HCLTech, the latest restructuring comes after it acquired two firms to strengthen its software offerings. The company acquired Florida-based…
Meesho bets on AI voice assistant ‘Vaani’ to boost small-town shopping
On Wednesday, Meesho rolled out a conversational voice assistant, “Vaani”, aimed at making online shopping more intuitive for users who…
Who is Kiran Mani? OpenAI hires India’s JioStar CEO to head up Asia-Pacific
Mani will relocate to Singapore, focusing on capturing user growth in key markets like India, which has over 1.4 billion…
Sunil Mittal to step down as Airtel Africa chair in July; to be succeeded by Gopal Vittal
Sunil Bharti Mittal will retire as chair of Airtel Africa in July 2026, with Gopal Vittal appointed as non-executive chair.…
Kotak Mahindra Bank responds over alleged fraud: Initiated ‘detailed reconciliation’ of FDs to Panchkula Municipal Corp
Kotak Mahindra Bank today said it has initiated reconciliation of fixed deposits and linked bank accounts maintained by the Municipal…
Novo Nordisk sues Dr. Reddy’s over Ozempic trademark
With semaglutide off-patent, a flood of low-cost generics is shifting the fight from molecules to brand names in India’s fast-growing…
