Startups
- STARTUPSSTARTUPS · 1 min
SEDEMAC Q4: Profit Skyrockets 3.7X To ₹32 Cr, Revenue Up 60% YoY
Pune-based powertrain controls maker SEDEMAC Mechatronics posted a 3.7-fold jump in net profit to ₹32 crore for the March 2024 quarter, while revenue rose…
18 May, 05:31 pm IST - STARTUPSSTARTUPS · 2 min
Inside TCS’s new 5% underperformer push after job cuts
Tata Consultancy Services has instructed managers to classify 5% of its 6,14,795 employees in the lowest performance bracket, a move that could trigger fre…
18 May, 03:32 pm IST - STARTUPSSTARTUPS · 2 min
Startup news and updates: Daily roundup (May 18, 2026)
Bengaluru-based fintech startup FinEdge has raised $42 million in a Series C round led by Tiger Global and Accel India, closing the transaction on 17 May 2026 according to yourstory.com.
18 May, 03:32 pm IST - STARTUPSSTARTUPS · 2 min
Shadowfax’s Inflection Point And The Next Frontier
Shadowfax has closed a $100 million Series E round led by TPG NewQuest, valuing the Bengaluru-based third-party logistics firm at roughly $500 million, according to inc42.com.
18 May, 01:31 pm IST - STARTUPSSTARTUPS · 1 min
AI, not engineers for coding: Salesforce to spend $300 million on Anthropic tokens, CEO Marc Benioff says
Salesforce will spend $300 million on Anthropic tokens in 2026, CEO Marc Benioff disclosed on the All-In podcast Friday, according to livemint.com.
18 May, 01:31 pm IST - STARTUPSSTARTUPS · 1 min
Delhivery Slides 6% As Flat Q4 Profit Overshadows Revenue Growth
Delhivery shares fell 6% on the BSE Thursday after the logistics company reported a flat net profit of ₹12 crore for the March quarter, even as revenue gre…
18 May, 12:24 pm IST - STARTUPSSTARTUPS · 2 min
NPCI To Roll Out Unified Soundbox Infrastructure For Merchants: Report
The National Payments Corporation of India (NPCI) will deploy a single, interoperable soundbox device that can confirm payments from any UPI app, starting…
18 May, 12:24 pm IST - STARTUPSSTARTUPS · 1 min
Bharti-backed Gourmet Investments brings Olive Garden to India, bets on premium casual dining expansion
Bharti Family Office-backed Gourmet Investments Hospitality Group (GIHG) has signed a master franchise agreement to bring US casual-dining chain Olive Gard…
18 May, 10:24 am IST - STARTUPSSTARTUPS · 2 min
Meta May 20 layoff: As ‘doomsday’ nears, anxious employees stock up on free snacks, charges; apply preemptively
Meta will cut roughly 8,000 jobs—about 10% of its global workforce—starting 20 May 2026, according to a Reuters report cited by livemint.com.
18 May, 08:24 am IST - STARTUPSSTARTUPS · 2 min
D2C brands grow in Tier II cities and beyond; Tagbin’s bet on gov-tech
Tagbin Solutions has raised INR 15 crore in a pre-Series A round led by Mumbai-based investment firm Equanimity Ventures, the company disclosed to yourstory.com on Tuesday.
18 May, 08:24 am IST - FOUNDERS · UBER’S INDIA PLAYFOUNDERS · UBER’S INDIA PLAY · 3 min
Uber CEO: India top-3 market, AI to shift 1,000 Bengaluru jobs
Dara Khosrowshahi on India’s 10k-strong workforce, AI-driven role changes, and lessons from Travis Kalanick’s tenure.
18 May, 06:31 am IST - STARTUPSSTARTUPS · 2 min
Gautam Adani is overhauling his conglomerate, from Apple-style vendors to less hierarchy and more talent grooming
Gautam Adani has launched a three-year internal overhaul of the $32 billion Adani Group, personally directing a shift to Apple-style third-party vendors an…
18 May, 06:24 am IST - STARTUPSSTARTUPS · 2 min
Rapido has innovated, but we've innovated faster: Uber CEO Dara Khosrowshahi
Uber will keep pouring money into India even while posting losses, chief executive Dara Khosrowshahi told *livemint.com* on 18 May 2026, committing the com…
18 May, 06:24 am IST - STARTUPSSTARTUPS · 2 min
As IPO momentum fades, VCs embrace partial exits and M&A
Venture capital investors in India have executed $2.8 billion worth of secondary exits and M&A deals in the first four months of 2026, according to livemin…
18 May, 06:23 am IST - STARTUPSSTARTUPS · 2 min
Apple’s Siri revamp could include auto-deleting chats
Apple is preparing to roll out an over-the-air Siri update that will automatically delete user conversation logs after 24 hours, according to techcrunch.com.
18 May, 02:24 am IST - STARTUPSSTARTUPS · 2 min
Indian Startup IPO Tracker 2026
Bengaluru-based fintech Razorpay filed its draft red herring prospectus with SEBI on 15 May, outlining plans to raise INR 6,750 crore through a fresh issue…
18 May, 12:24 am IST - STARTUPS · OPEN-SOURCE HARDWARESTARTUPS · OPEN-SOURCE HARDWARE · 2 min
₹6.6k Android tablet runs Debian 12—no bootloader unlock needed
GitHub project repurposes Doogee U10 (RK3562) into Linux workstation; India’s low-cost hardware ecosystem could benefit
17 May, 11:29 pm IST - STARTUPSSTARTUPS · 2 min
JSW Steel’s JVs put it on track to be among top global steelmakers outside China
JSW Steel will add 16 million tonnes per annum (mtpa) of new capacity through joint ventures with Japan’s JFE Steel and Korea’s POSCO, pushing its total ou…
17 May, 10:24 pm IST - STARTUPSSTARTUPS · 2 min
Prudential Plc to buy 75% Bharti Life stake for ₹3,500 crore, cut ICICI Pru Life holding to 10%
UK-based Prudential plc will buy a 75% stake in Bharti Life Insurance for ₹3,500 crore and simultaneously pare its holding in ICICI Prudential Life Insuran…
17 May, 10:24 pm IST - STARTUPSSTARTUPS · 1 min
Vodafone Idea gets promoter support but funding challenge persists
Vodafone Idea received a ₹4,730-crore equity infusion from its promoters on 17 May 2026, the company disclosed in an exchange filing reported by livemint.com.
17 May, 08:24 pm IST