Entrepreneur News Network

Hyeglo Beauty Raises ₹7 Crore Seed Round

Hygelo Grey

New Delhi, 2nd November 2026: Hyeglo Beauty, the brand building India’s skinified beauty category, has raised ₹7 crore in a seed round led by Sauce. The round also saw participation from Giga Capital (Aarti Gill, OZiva Nutrition), Consumer Collective, Arjun Purkayastha (SVP & MD, Greater China & North Asia, Reckitt), and The Patient Capital. Hyeglo … Read more

Binance $6.3B Hack: FBI Blames North Korea

binance

November, 2, 2026 – The FBI has attributed the theft of approximately $6.3 billion in cryptocurrency from Binance to North Korea-linked hacking group TraderTraitor. The exchange has begun restoring withdrawals in phases and says it will cover customer losses using its reserves and corporate funds. The Binance $6.3 billion hack has become one of the … Read more

Alphabet Market Cap Wipeout: Stock Sheds Nearly $500B

google

November, 2, 2026 – Alphabet stock plunged nearly 13% on October 29, 2026, wiping out approximately $475 billion in market value after the Google parent reported weaker-than-expected earnings and negative free cash flow. Rising artificial intelligence infrastructure costs, slower-than-expected search advertising growth and uncertainty over future spending intensified investor concerns. Alphabet, the parent company of … Read more

Jio Platforms Stock Holds 28% IPO Premium After a Week

jio

November, 2, 2026 – Jio Platforms shares climbed nearly 28% above their IPO price by October 30, 2026, following a strong market debut. The Reliance Industries subsidiary raised ₹30,213 crore through India’s largest-ever IPO, with investors watching its growth prospects in 5G, broadband, artificial intelligence and digital services. Jio Platforms shares continued to trade above … Read more

Info Edge CEO Hitesh Oberoi Steps Down After 27 Years

Bikhchandani

November, 2, 2026. – Info Edge CEO Hitesh Oberoi will step down on December 2, 2026, after nearly 27 years with the company. Founder Sanjeev Bikhchandani is set to take over as executive vice chairman, managing director and group CEO from December 3, subject to shareholder approval. Info Edge (India) Ltd., the parent company of … Read more

Top 5 Biggest IPOs in India in 2026, Ranked by Issue Size

India’s Biggest IPOs in 2026

November, 2, 2026 – Jio Platforms, the National Stock Exchange of India (NSE), SBI Funds Management, Manipal Health Enterprises and Zetwerk Manufacturing Businesses lead ENN’s ranking of India’s largest IPOs of 2026 by issue size. India’s primary market has seen several major public offerings in 2026, spanning telecommunications, financial services, healthcare and industrial technology. Among … Read more

Bending Spoons Miro Acquisition: $1.355B Deal Explained

Bending_Spoons_X_Miro

November, 1, 2026 – The Bending Spoons Miro acquisition highlights how dramatically technology-company valuations have changed since the pandemic-era investment boom. The Italian software company completed its purchase of Miro on October 26, 2026, at an enterprise value of $1.355 billion—far below the $17.5 billion valuation the collaboration platform achieved in 2022. The transaction gives … Read more

LSEG Octus Acquisition: Why the $3.535 Billion Deal Could Strengthen Its Position in the AI Era

LSEG

November, 1, 2026  – The LSEG Octus acquisition marks a significant move in the battle for high-value financial data, as London Stock Exchange Group prepares to spend $3.535 billion in cash to acquire a specialist in private-credit intelligence. Announced on October 22, 2026, the transaction reflects a strategic priority for financial-data companies: securing information that … Read more

Unicorn Fire Sale 2026: Top 4 Former Billion-Dollar Startups Sold Below Peak Valuations

unicorn

1st, November, 2026 – The unicorn fire sale of 2026 has become a defining story in the startup and venture capital ecosystem. Several companies that once commanded multibillion-dollar valuations have changed hands at substantially lower prices, highlighting the growing gap between peak private-market valuations and what strategic buyers are willing to pay. Four prominent examples … Read more

Anthropic Junk Credit Rating Warning Raises Questions Ahead of $1.5 Trillion IPO

Anthropic

November, 1, 2026 – Anthropic could face a speculative-grade, or “junk,” credit rating following its anticipated public listing, according to reports citing guidance from investor Blackstone. The warning highlights a growing financial debate around the AI company’s rapid expansion, substantial infrastructure commitments and ability to sustain its growth. Anthropic’s reported IPO ambitions are colliding with … Read more

AI Law Firm Crosby Bids for Weil Gotshal’s Brand and Data as 95-Year-Old Firm Winds Down

Information

November,1, 2026 –  AI-native law firm Crosby has reportedly submitted a letter of intent to acquire the brand, trademarks and internal data of Weil, Gotshal & Manges as the storied Wall Street law firm prepares to wind down. The proposed deal remains unapproved and highlights how artificial intelligence could reshape the legal services industry. Crosby, … Read more

Walmart Investigates Flipkart Over Alleged ₹150 Crore Vendor Kickbacks

walmart

1st, November, 2026 – Walmart has reportedly launched a fresh internal investigation into Flipkart following whistleblower allegations that employees in its smartphone and luggage-and-travel-accessories businesses accepted more than ₹150 crore in vendor kickbacks. The reported inquiry marks the third internal probe into alleged financial misconduct at the Indian e-commerce company in less than three years. … Read more

Salesforce Reportedly Agrees to Acquire Defense AI Startup Rune Technologies for $375 Million

salesforce

October, 31, 2026- Salesforce is reportedly preparing to acquire Rune Technologies, a defence technology startup developing AI-powered military logistics software, in a deal valued at approximately $375 million. If completed on the reported terms, the transaction would strengthen Salesforce’s presence in the defence and national security market while adding predictive logistics capabilities to its growing … Read more

Top GCC Cities in India 2026: Hyderabad Overtakes Bengaluru in New Centre Launches

hyderabad (1)

October, 31, 2026 – Hyderabad has emerged as India’s leading destination for new Global Capability Centre (GCC) launches in 2026, moving ahead of Bengaluru in greenfield activity. However, Bengaluru continues to dominate the country’s overall GCC landscape, highlighting the difference between attracting new investments and maintaining an established business ecosystem. India’s Global Capability Centre industry … Read more

Infosys Expands Hyderabad Pocharam Campus With 1.1 Million Sq. Ft. Facility

infosys

HYDERABAD, October 30, 2026: Infosys has expanded its presence in Telangana with the inauguration of a new Software Development Block at its Pocharam Development Center in Hyderabad. The 1.1 million square-foot facility is expected to strengthen the company’s delivery infrastructure, support specialised technology services and reinforce the region’s position as a major destination for global … Read more

India Startup Funding This Week: The Top 10 Biggest Rounds (October 20–26, 2026)

India Startup Funding_ Top 10 Rounds

October, 28, 2026 – India startup funding this week highlights the growing role of artificial intelligence, climate technology, healthcare and consumer businesses in attracting investor capital. Between October 20 and October 26, 2026, several India-linked startups announced new funding rounds, ranging from a $48 million seed investment in AI marketing platform Different to a $20.7 … Read more

Top 10 GCC Companies in India by Headcount (2026)

TOP 10 GCC COMPANIES IN INDIA

Wednesday, October 28, 2026 – India’s Global Capability Centre (GCC) ecosystem has become a major engine of global technology, financial services, engineering and business operations. The country had 2,117 GCCs employing approximately 2.36 million professionals and generating $98.4 billion in revenue in FY2026, according to the NASSCOM-Zinnov India GCC Landscape Report 2026. As multinational companies expand … Read more

Sarvam AI’s Defence Deal Is Really About Who Controls India’s Military Data

sarvam

Wednesday, October 28, 2026 –  India’s push for artificial intelligence self-reliance is entering a strategically important new phase. A five-year agreement between homegrown AI company Sarvam AI and Headquarters Integrated Defence Staff (HQ IDS) aims to develop AI applications for the Indian Army, Navy and Air Force. But beyond the technology announcement lies a bigger … Read more

India Opens 111 New GCCs in 2026, Surpassing 2025’s Full-Year Total

INDIA ADDS 111 NEW GCCs IN JUST 8 MONTHS

Wednesday, October 28, 2026, Business | Technology | GCCs | India –  India’s Global Capability Centre (GCC) ecosystem is expanding at a faster pace, with multinational companies establishing 111 new greenfield GCCs between January and August 2026. The latest count has already exceeded the 100 new centres reportedly established during the whole of 2025, according … Read more

Guidewire Buys Hyperexponential for $1.7B in AI Bet

Guidewire

October 28, 2026 | Reading time: 7 minutes – The insurance technology industry is entering a new phase of consolidation as established software providers compete to integrate artificial intelligence into core insurance operations. Guidewire Software’s proposed acquisition of UK-based insurtech company Hyperexponential is a major example of that shift. Guidewire has agreed to acquire Hyperexponential … Read more