News Update

Sridharan cofounded Exotel in 2011 with Shivakumar Ganesan, Siddharth Ramesh, and Vijay Sharma. Before that, he worked at Position2, Yahoo, and SAP Labs, building 23 years of experience across different roles.

The contract involves supplying H100 SXM and H200 SXM GPU resources to the AI startup Gnani.ai. These resources will help Gnani.ai build a foundational AI model, as stated in an exchange filing.

According to media reports, those affected include team leads and transcribers working on regional languages such as Bengali, Malayalam, and Punjabi.

Sethi, who led the firm’s AI investments and worked with companies like Sarvam, BharatPe, Apna, and Darwinbox, has submitted his resignation and will be transitioning out, according to sources.

Flipkart said it will leverage Pinkvilla’s brand and loyal audience to better engage younger users, who are heavily influenced by movies and celebrity culture.

With the acquisition, Star Localmart now operates 170 stores. The company targets tier-II to tier-VI towns, bringing modern supermarket formats to rural consumers. 

MPL CEO Sai Srinivas said the Indian government’s online gaming ban has wiped out the company’s business in India, forcing it to lay off staff.

Weekly Funding News September 2025. We compile a Weekly Startups Funding News Report summarizing all the startups that secured funding during the week. This report provides a consolidated list of newly funded ventures daywise.

Venture capital firm a99 to raise a $100M third fund targeting manufacturing and infrastructure startups in India, with investments from Pre-Series A to Series B.

Ravindra Narayan steps down as PTC Network President & MD after two decades to launch a global Punjabi media conglomerate, aiming to transform Punjabi content worldwide.