Aryan Sharma

The company aims to raise $700 million–$1 billion, according to industry sources. With this IPO, the investment platform could be valued at around $7 billion, sources said.

The company made the decision in June and announced that it will now focus its resources on strengthening its core content operations.

TCS has appointed veteran Amit Kapur as the global head of its new AI and Services Transformation unit, effective September 1.

Before launching Revamp, Urban Company entered the quick commerce space in March with InstaHelp, a service that allowed users to book house help in 15 minutes, later revised to 25–30 minutes. 

As per its stock exchange filing, Zomato’s parent Eternal received a tax order claiming a GST shortfall of ₹17.19 crore, plus ₹21.42 crore in interest and ₹1.72 crore as penalty. 

As part of the policy, the Delhi government will set up a ₹200 crore Delhi Startup Venture Capital Fund to give startups better access to funding.

Sadev Ventures, launched in mid-2024, is a sector-agnostic, stage-focused VC fund that invests in startups from seed to pre-Series A with cheque sizes of ₹2–6 crore. 

Paytm Money offers services like stock broking and mutual fund distribution. Paytm remains optimistic about its future, with CFO Madhur Deora earlier highlighting strong growth in equity broking.

Under the collaboration, IIT Madras will study how AI can improve learning and teaching, sharing results to guide future products. Notably, India has the largest ChatGPT student user base globally.

Varun Sridhar plans to start a venture in the wealthtech space, though the concept and approach to delivering real value to investors and traders are still being developed. He currently lives in Goa and aims to build his new startup there.