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1 week ago | 
indianstartupnews.com | Jaya Vishwakarma
A Jaipur-based resort has filed a police complaint against hospitality giant OYO and its founder and CEO Ritesh Agarwal, alleging inflated billing practices that led to a wrong goods and services tax (GST) notice of Rs 2.66 crore. According to the Indian Express report, The FIR, lodged at Ashok Nagar police station last week, was filed by Madan Jain, associated with Samskara Resorts, who has accused Oravel Stays Pvt.
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2 weeks ago | 
indianstartupnews.com | Jaya Vishwakarma
Commerce and Industry Minister Piyush Goyal said he has faced criticism from former Infosys CFO Mohandas Pai for urging Indian startups to focus more on innovation.
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3 weeks ago | 
indianstartupnews.com | Jaya Vishwakarma
Deepinder Goyal-led Zomato has reportedly fired 600 customer support associates just a year after hiring them, Moneycontrol reported. The layoffs come as the company grapples with slowing growth in its core food delivery business and increasing losses at Blinkit, its quick-commerce subsidiary. Zomato is reportedly accelerating its shift toward automation, using AI to handle a growing share of customer service operations, in a bid to cut costs and improve efficiency.
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3 weeks ago | 
indianstartupnews.com | Jaya Vishwakarma
Shark Tank India judge Namita Thapar, in a recent post on X (formerly Twitter), urged the IT industry to focus on boosting productivity instead of simply extending work hours. "It would be great if conversations are around increasing IT productivity rather than increasing hours," she wrote.
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3 weeks ago | 
indianstartupnews.com | Jaya Vishwakarma
Byju Raveendran, the founder of troubled edtech startup Byju’s, took to X (formerly Twitter) with a message of resilience, declaring that the startup is preparing for a comeback after months of financial turmoil. “Broke, not broken. We will rise again,” Raveendran wrote, signaling his determination to rebuild Byju's that was once India’s most valued startup. Broke, not Broken. We will rise again.
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4 weeks ago | 
indianstartupnews.com | Jaya Vishwakarma
The Unified Payments Corporation of India (UPI) services across India were restored after a significant outage disrupted transactions on payments apps such as Google Pay and Paytm. The National Payments Corporation of India (NPCI) confirmed that it experienced “intermittent technical issues”, leading to partial declines and delays throughout the evening. According to Downdetector, complaints about failed transactions surged, with 3,305 reports logged by 7:47 PM.
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1 month ago | 
indianstartupnews.com | Jaya Vishwakarma
Ola Electric Technologies Private Limited, a subsidiary of EV maker Ola Electric Mobility , has settled its financial dispute with the vehicle registration agency Rosmerta Group, leading to the withdrawal of insolvency petitions filed against it. The company confirmed the resolution in a regulatory filing on Tuesday, stating that all outstanding payments have been cleared.
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1 month ago | 
indianstartupnews.com | Jaya Vishwakarma
Bengaluru-based Meesho is reportedly moving closer to an initial public offering (IPO) aimed at raising $1 billion, according to a report by Moneycontrol. The company has appointed Morgan Stanley, Kotak Mahindra Capital, and Citi as advisors for the listing process, with bankers suggesting a $10 billion valuation. Previously, the company was valued at $3.9 billion in 2024. The report said another American investment banker, JPMorgan, will be added to the IPO syndicate if talks materialize.
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1 month ago | 
indianstartupnews.com | Jaya Vishwakarma
A corporate employee who goes by the Reddit username "Financial-Set7284" said he regrets moving from Noida to Bengaluru despite a Rs 30,000 monthly pay hike, citing what he describes as significant quality-of-life concerns in the southern city. In his post, the user notes that he found Noida's infrastructure and cultural diversity appealing, having lived there for more than a year after graduating.
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1 month ago | 
indianstartupnews.com | Jaya Vishwakarma
Zoho founder Sridhar Vembu believes AI can eliminate up to 90% of programmers' “boilerplate" code, but maintains that human insight remains crucial for tackling the "essential complexity" in software development. "When people say "AI will write 90% of the code" I readily agree because 90% of what programmers write is "boilerplate" he wrote in a post on X (formerly Twitter). When people say "AI will write 90% of the code" I readily agree because 90% of what programmers write is "boiler plate".
