Nithin Kamath, Kunal Shah-backed edtech Stoa is winding down

Nithin Kamath and Kunal Shah-backed edtech startup Stoa, which started out intending to offer India’s best alternative to the traditional MBA—is winding down operations.“After 4 years of operations, we’re closing…

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Nykaa sees beauty leveraging quick commerce more; plans to cut delivery times

Falguni Nayar-led Nykaa sees a diversified channel mix for its beauty-owned brands as it drives down on omnichannel presence and alternative platforms for select categories in a bid to enhance…

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Google-backed space tech Pixxel sees 2X revenue growth in FY24

Google-backed space tech firm Pixxel witnessed nearly a two-fold increase in revenue from operations in FY24. However, its losses widened due to higher expenses.The Bengaluru-based company reported Rs 28.7 crore…

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Cash-rich SoftBank eyes more AI bets for strategic growth

SoftBank Group is doubling down on artificial intelligence investments, driven by an impressive cash position and renewed financial stability.The Tokyo-based investor's Vision Fund 2 recently committed $500 million to OpenAI,…

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Why Anupamaa star Rupali Ganguly filed a Rs 50 Cr defamation suit against stepdaughter

TV actress Rupali Ganguly, who first shot to fame by playing the naive daughter-in-law in Sarabhai vs Sarabhai and later became the TV soap queen with Anupamaa, has found herself…

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NSE, Zomato ink pact to empower delivery partners with financial literacy

The National Stock Exchange of India (NSE) on Tuesday said it has inked a pact with online food delivery platform Zomato to promote financial literacy and investor awareness programmes among…

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Pocket FM’s FY24 revenue rises two-fold, net loss narrows to Rs 15.7 Cr

Bengaluru-based audio tech startup Pocket FM on Tuesday reported a two-fold rise in FY24 revenue, helped by an increase in revenue from its US operations. The company reported a standalone…

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