indiatimes.com

49 articles in the Truth Foundry index. Each links out to the original.

• Cred Founder Kunal Shah Appointed WhatsApp Global Head Following Meta Investment · Kunal Shah, founder of Cred, joins WhatsApp as its new global CEO after a $900M Meta investment.
• MUFG Launches $250M India Startup Fund; District Expands Sports Business · MUFG launches a $250M India fund targeting fintech while District expands into sports venue bookings.
• India Tech Hiring Slows, Chip Startups Scale Up, SoftBank Overtakes Toyota · India tech job openings hit a two-year low while chip startups ramp up production and SoftBank surpasses Toyota in value.
• Supreme Court GST Ruling Threatens Real-Money Gaming Platforms in India · India's Supreme Court upholds retrospective 28% GST on real-money gaming, potentially forcing firms into insolvency.
• Swiggy CEO Predicts Quick Commerce Consolidation; India Data Centre Boom · Swiggy's CEO warns quick commerce will consolidate while India's AI data centre market surges to $23 billion by 2030.
• Swiggy CEO Addresses Failed IOCC Vote; Indian Firms Face Mythos Cyber Threats · Swiggy plans a revote on governance status while Indian banks stress-test for Anthropic's Mythos AI vulnerabilities.
• Byju Raveendran Sentenced to Jail; SC Upholds 28% Gaming GST Levy · Singapore jails Byju founder for contempt; Supreme Court validates retrospective gaming tax.
• Meta Cuts India Roles Amid Global AI Restructuring; VCs Eye Wispr Flow · Meta lays off 12 India staff while raising 2026 capex to $145B for AI; Peak XV targets Wispr Flow at $2B valuation
• FirstCry Narrows Losses, Slice Turns Profit, Nilekani Funds AI Deep Tech · FirstCry parent cuts losses while Slice bank achieves profitability and Nilekani launches AI fund
• India's AI Data Spills and Green Card Limbo Deepen Amid Tech Shifts · India faces privacy gaps from home AI pilots while immigration rules unsettle green card seekers.
• US H-1B Visa Registrations Plummet 39% Amid Rising Costs and Policy Shifts · US H-1B visa registrations fell to a seven-year low as companies face higher costs and stricter selection rules.
• Udaan Raises $50-60M Pre-IPO; Tata Electronics Tests Assam Chip Hub · Udaan secures $50-60M top-up at $1.8B valuation ahead of IPO while Tata Electronics tests Assam chip packaging facility.
• India's IT Sector Wipes Out Rs 18 Lakh Crore Amid AI Fears; Info Edge, Ixigo Post Q4 Gains · India's IT market cap crashes 17.6 lakh crore as generative AI fears persist, while Info Edge and Ixigo report strong quarterly profits.
• Swiggy Shareholder Vote Fails; Walmart Flipkart Drives Global Growth · Swiggy missed the 75% threshold to become Indian-owned, while Walmart cites Flipkart as a key growth driver.
• Nykaa Profits Quadruple; SpaceX Files for Record $75B IPO · Nykaa reports fourfold profit jump while SpaceX files for a massive $75 billion IPO.
• Mid-Cap IT Firms Reshuffle Leadership Amid AI Shift; Fintechs Face RBI Wallet Rules · Mid-cap IT firms revamp leadership as AI reshapes sector; fintechs brace for RBI wallet restrictions.
• Lenskart Revenue Jumps 46% as Tech Layoffs Surge Across Major US Firms · Lenskart reports strong Q4 revenue growth while Meta, LinkedIn, and Amazon execute significant global layoffs.
• India Proposes Law-to-Code Compliance; UpGrad Valued at $1.7B Ahead of Merger · India's MeitY explores automated law-to-code compliance for AI risks; UpGrad pegged at $1.7B valuation pending Unacademy merger approval.
• AI Fears Plunge Indian IT Valuations; Groww Promoters Exit Stake · Rising AI concerns drive down Indian IT valuations while Groww promoters liquidate a significant stake post-IPO.
• Gig Worker Incentives Stall; YC Attendees Resell AI Credits · Delivery riders face flat incentives while YC India participants resell AI credits.
• Uber CEO Open to Kalanick Partnership; Micron Warns of AI Memory Crunch · Uber CEO Dara Khosrowshahi considers partnering with founder Travis Kalanick on autonomous ventures while Micron warns of severe AI memory shortages.
• Uber CEO Dara Khosrowshahi Targets India as Future Largest Market Amid AI Push · Uber CEO Dara Khosrowshahi predicts India will become Uber's largest market by trips within a decade.
• Flipkart Pauses IPO Amid Market Volatility; Rapido Raises $240M · Walmart-owned Flipkart indefinitely delays its IPO due to market turbulence and a crowded calendar.
• Oracle Revokes Campus Offers Amid Layoffs; D2C Brands Suffer from Spending Slowdown · Oracle pulls over 50 job offers from top Indian institutes while D2C brands face shrinking consumer demand.
• India Leads Global Meta AI Adoption Amid Broader Tech Sector Layoffs · India surpasses all markets in Meta AI usage as Amazon, Cisco, and LinkedIn reduce headcount despite AI investment.
• Ex-Peak XV Trio Launches Mettle Capital; Fintechs Seek Licences · Former Peak XV partners launch Mettle Capital targeting $350-400M for Indian startups.
• Uber Partners with Adani for India Data Centre Amid AI and Cyber Insurance Trends · Uber CEO Dara Khosrowshahi announces first India data centre partnership with Adani Group to scale global operations.
• Groww Early Investors Cash Out Big; Lightspeed Shrinks India Fund · Groww's IPO lock-in expiry sees early backers like Peak XV and Ribbit Capital realize massive multi-bagger returns.
• Groww Investors Cash Out Big; Mobikwik, Fractal Post Q4 Profits · Groww early investors realize massive gains post-IPO lock-in as Mobikwik and Fractal report strong Q4 profits.
• Amazon Challenges Blinkit in India's Quick Commerce War with New Insurance Models · Amazon ramps up quick commerce in India, pressuring Blinkit while insurers explore embedded models.