Startups

BharatPe Turns Profitable: Posts ₹6 Crore Adjusted Profit Before Tax in FY25

SUMMARY BharatPe, a well-known Indian fintech company, has achieved a major financial milestone. For the financial year 2024–25 (FY25), the company posted an adjusted profit before tax of ₹6 crore. This marks the first time BharatPe has reported a pre-tax profit since it began operations. From Big Loss to Small Profit In the previous year, […]

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perplexity ai

Why Apple and Meta Want Perplexity AI: The Next Big AI Battle Explained

📝 Article: In the rapidly evolving world of artificial intelligence, two of the biggest tech giants — Apple and Meta — are both reportedly interested in acquiring Perplexity AI, a fast-growing AI-powered search startup. This potential bidding war could shape how we search, interact, and get information online in the next decade. 🚀 What is

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World’s Youngest Billionaire- ALEXANDER WANG, SCALE AI FOUNDER, JOINS META

📌 Key Takeaways 🚀 Meta’s Strategic Bet on Alexandr Wang In a bold move to accelerate its artificial intelligence efforts, Meta has recruited Alexandr Wang, the founder and former CEO of Scale AI, to lead its newly formed Superintelligence Lab. The decision follows a massive $14.3 billion investment by Meta for a 49% stake in

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30-Year-Old Billionaire Lucy Guo Sparks Debate: ‘Work-Life Balance Means You’re in the Wrong Work’

SUMMARY 🔍 Introduction In a recent statement that has ignited fierce debate across social media and startup circles, Lucy Guo, the 30-year-old billionaire cofounder of Scale AI, shared a provocative take on work culture. She believes that anyone obsessed with maintaining a strict work-life balance may not be truly passionate about what they do. Her

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Vedanta Powers Up Odisha with ₹1.28 Lakh Crore Aluminium & Energy Project in dhenkanal

SUMMARY Vedanta is set to invest ₹1.28 lakh crore in Odisha’s Dhenkanal district to build a 3 MTPA aluminium smelter and a 4,900 MW captive power plant. This mega project will create over 30,000 direct jobs and is part of Odisha’s strategy to become a global industrial powerhouse. In a landmark move aimed at bolstering

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Reelies: Revolutionizing Entertainment with Short Drama Storytelling

SUMMARY Reelies is an emerging digital entertainment platform or trend that is redefining how people consume drama by delivering short, engaging drama stories in a reel or short video format. It’s a response to the rapidly decreasing attention spans of online audiences and the increasing popularity of platforms like Instagram Reels, YouTube Shorts, and TikTok.

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Meta India’s Public Policy VP Shivnath Thukral Resigns After 7 Years of Service

SUMMARY Shivnath Thukral, the Vice President of Public Policy at Meta India, has officially announced his resignation, bringing an end to a distinguished tenure that lasted over seven years. His exit is scheduled for the end of June 2025, marking a significant leadership shift within the tech giant’s Indian operations. Thukral has played a crucial

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Rapido Emerges as India’s Largest Gig Worker Employer

SUMMARY Rapido, India’s homegrown bike-taxi platform, has rapidly transformed into the nation’s largest gig worker employer, redefining the landscape of informal employment. With over 1.3 crore captains onboarded and nearly 2 million active monthly workers, Rapido now surpasses even the most prominent names in India’s gig economy, including Uber, Ola, and food delivery giants. Founded

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Lenskart Becomes Public Company Ahead of $1 Billion IPO

SUMMARY India’s leading eyewear retailer, Lenskart, has officially transitioned from a private limited company to a public limited company, setting the stage for one of the most anticipated IPOs in the Indian startup ecosystem. The name change from Lenskart Solutions Private Limited to Lenskart Solutions Limited is more than just a formality. It marks a

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Zepto IPO

Why Zepto Hit Pause on Its IPO Plans: A Strategic Move Explained

SUMMARY Zepto, one of India’s fastest-growing quick commerce startups, recently surprised many by pausing its much-anticipated Initial Public Offering (IPO) plans. The company, which had previously indicated a potential IPO as early as 2024, has now decided to delay its listing on the stock exchange. But what led to this change in strategy? One of

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