Entrepreneur News Network

Ramandeep Singh appointed Deputy CFO at Grant Thornton Bharat

Ramandeep

September 1, 2026, Mumbai, India – Grant Thornton Bharat has appointed Ramandeep Singh as Deputy Chief Financial Officer (Deputy CFO) and Executive Director, strengthening its finance leadership as the firm continues to focus on technology-led transformation and modern finance operations. Singh brings more than 16 years of experience spanning Big Four firms and corporate finance … Read more

Zomato Shuts Hyderabad Customer Support Operations, Around 240 Employees Affected

Zomato

Mumbai | August 31, 2026 – Zomato, the food delivery business operated by Eternal, has reportedly shut down its customer support operations in Hyderabad, resulting in around 240 employees being impacted, according to sources cited by Inc42. The move is part of a broader review of Zomato’s customer-support operating model and organisational structure. Over the … Read more

Purple Style Labs IPO Opens Today: Can Pernia’s Pop-Up Shop Prove Luxury E-Commerce Can Turn a Profit?

Purple

Mumbai | August 31, 2026 – Purple Style Labs Limited, the Mumbai-based parent company of luxury fashion platform Pernia’s Pop-Up Shop, has opened its ₹680 crore initial public offering (IPO) for public subscription today, August 31, 2026. The IPO comes at an important moment for India’s luxury e-commerce sector. Purple Style Labs has built a … Read more

Satvacart Shuts Down After 12 Years: What the Closure Says About India’s Evolving E-Grocery Market

Starvacart

Gurugram, August 30, 2026: Early Indian e-grocery startup Satvacart has shut down after 12 years of operations, closing a chapter that began well before quick commerce transformed the country’s online grocery market. The startup ceased operations on August 28, with founder Rahul H. Saxena confirming that the company’s team had been disbanded. The shutdown follows … Read more

Laid Off in India? Here’s What the Law Actually Says — And Who It’s Really Built For

Laid Off in India

August 29, 2026 | 1:30 PM IST – If you’ve been laid off in India recently, or think you might be soon, you’ve probably noticed a gap between what you assumed the law protected and what actually happened to you: a two-minute video call, a revoked laptop login, a severance letter dropped in your inbox … Read more

Raksha Bandhan: How Sibling Entrepreneurs Are Building Some of India’s Most Successful Businesses

Sibling entrepreneurs

From technology and fintech to fashion, food, healthcare and family enterprises, sibling partnerships are proving that trust and complementary strengths can become powerful business assets. Raksha Bandhan is traditionally associated with the bond between brothers and sisters. But beyond the rituals and celebrations, the relationship also offers an interesting lens through which to view entrepreneurship. … Read more

InstaAstro Raises $12M Series A to Build AI Tools for India’s Spiritual Wellness Market

InstaAstro

Dubai, August 27, 2026 –  InstaAstro, a Gurugram-based spiritual wellness platform, has raised $12 million in a Series A round led by Singularity AMC and Artha Venture Fund, according to a report from published August 27, 2026. Founder Nitin Verma and Artha managing partner Anirudh Damani also participated in the round in their personal capacities. … Read more

Startup Spotlight: Hugging Face, the Teen Chatbot That Became AI’s Most Valuable Open-Source Platform

Hugging Face

From a Teen Chatbot to the “GitHub of AI” Few startups pivot as dramatically as Hugging Face did. Founded in 2016 in Brooklyn by Clément Delangue, Julien Chaumond, and Thomas Wolf, the company’s original product was a chatbot app aimed at teenagers — its quirky name borrowed from the 🤗 emoji. That consumer app barely … Read more

Why Wipro Just Bet on Dog Food: Inside Snuggles and India’s Pet Food Boom

Wipro Snuggles pet food

On August 26, 2026 — International Dog Day — Wipro Consumer Care and Lighting (WCCL), the unlisted FMCG arm of Azim Premji’s Wipro Enterprises, announced its entry into one of India’s fastest-growing consumer categories with a new brand called Snuggles. It is a small, almost easy-to-miss headline next to the company’s usual news about soaps … Read more

SK Telecom Launches SK Hyper to Accelerate AI Data Center Expansion

SK telecom

Seoul: South Korean telecom giant SK Telecom (NYSE: SKM) is making one of its most ambitious bets on artificial intelligence infrastructure with the launch of SK Hyper, a wholly owned subsidiary dedicated to developing hyperscale AI data centers across South Korea. The company’s Board of Directors has approved the creation of SK Hyper alongside an … Read more

Ather Energy Approves ₹1,200 Crore Fundraise; Hero MotoCorp to Increase Stake

Ather Energy

Bengaluru: Electric two-wheeler manufacturer Ather Energy has approved a ₹1,200 crore preferential fundraise, bringing together strategic investments from Hero MotoCorp, the National Investment and Infrastructure Fund (NIIF), and the company’s founders. The capital infusion is expected to support Ather’s expansion plans, strengthen its manufacturing capabilities, and accelerate product innovation. The company’s board has approved the … Read more

The Home That Couldn’t Hold: Why Medial, India’s “LinkedIn for Startups,” Just Shut Its Doors

Medial Founder

A Bengaluru platform that once claimed half a million users across 30 countries — and a Shark Tank India feature to its name — has gone dark, raising fresh questions about how sustainable niche professional networks really are. Medial founder and CEO Niket Raj Dwivedi confirmed in a LinkedIn post that read part farewell, part … Read more

Honasa Consumer Names Shivang Jain as CEO of BTM Ventures to Accelerate Reginald Men’s Expansion

Shivang Jain

New Delhi: Beauty and personal care company Honasa Consumer Limited, the parent company of Mamaearth, has appointed Shivang Jain as the Chief Executive Officer of BTM Ventures, the company behind men’s personal care brand Reginald Men. The leadership appointment follows Honasa Consumer’s acquisition of a majority stake in BTM Ventures in December 2025 and reflects … Read more

BikeWo Green Tech Partners with KlikAir to Explore AI-Enabled Air Cargo and Aviation Logistics Network

BikeWo

New Delhi: Mobility and logistics company BikeWo Green Tech Limited has entered into a Memorandum of Understanding (MoU) with Kwik Flite Support, which operates under the KlikAir brand, to jointly evaluate the development of an integrated air cargo and aviation logistics platform in India. The strategic partnership marks another step in BikeWo Green Tech’s broader … Read more

Consumer Rewards Startup Onpoint Raises $600,000 in Pre-Seed Funding to Expand Loyalty Platform in India

Onpoint Founders

New Delhi: Consumer rewards startup Onpoint has raised US$600,000 in a pre-seed funding round to strengthen its technology platform, expand merchant partnerships, and accelerate user acquisition across India. The funding round was co-led by First Cheque, an investment initiative backed by the IndiaQuotient group, and Whiteboard Capital. The round also attracted participation from several angel … Read more

ChatGPT Down Today: OpenAI Investigates Image Generation Outage Affecting Users Worldwide

Chatgpt

Dubai: Thousands of users across multiple regions experienced service disruptions on ChatGPT on Tuesday after OpenAI confirmed an outage affecting several of its AI-powered services. The issue primarily impacted image generation, while some users also reported problems accessing older conversations, Custom GPTs, Codex, and workspace-related features. The disruption triggered a spike in user complaints on … Read more

ekincare Acquires AI-Powered Health Insurance Claims Platform Superclaims to Strengthen Digital Healthcare Ecosystem

ekincare

New Delhi: Digital health platform ekincare has acquired Superclaims, an AI-powered health insurance claims automation platform, in a strategic move to strengthen its healthcare technology ecosystem and expand its presence in the insurance and health benefits sector. The acquisition is expected to enhance ekincare’s capabilities in health insurance claims processing while creating a more connected … Read more

The Indus Valley Raises $17 Million in Series B Funding to Expand Toxin-Free Cookware Business

The Indus Valley

New Delhi: Indian kitchenware brand The Indus Valley has secured US$17 million in a Series B funding round led by Gaja Capital, as the company looks to strengthen its position in the fast-growing healthy cookware market. Existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels also participated in the investment round. The fresh … Read more

Edtech platform YoLearn ai raises pre-seed round

YoLearn

New Delhi: AI-powered education startup YoLearn.ai has raised $500,000 in a pre-seed funding round at a valuation of $5 million. The investment was co-led by DataAlpha.ai and White Swan Global, with participation from a group of angel investors. The fresh capital will be used to strengthen the company’s voice-first AI tutoring platform, enhance product capabilities … Read more

Magnachip Appoints Chae Lee as CEO to Drive Next Phase of Growth in Power Semiconductor Business

Magnachip

New Delhi: Magnachip Semiconductor Corporation has appointed Chae Lee as its new Chief Executive Officer (CEO), effective July 1, 2026, as the company strengthens its leadership team to accelerate growth across high-value semiconductor markets. Lee is also expected to join the company’s Board of Directors, while Camillo Martino, who has served as Interim CEO since … Read more