Technology
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Ola Consumer Valuation Plummets: Financial Crisis Hits Hard
Ola Consumer’s valuation drops to $70M amid financial crisis, credit downgrades, and market share loss to rivals. Revenue and cash reserves decline sharply.

LIC Seeks Regulator Nod for Long-Term Investments, Eyes Fintech
LIC is in talks with RBI & Sebi to enhance long-term investment options, crucial for managing growing annuity liabilities. Exploring a fintech arm.

NSE Launches Electronic Gold Receipts for Digital Gold Trading
NSE introduces Electronic Gold Receipts (EGRs) for transparent digital trading of physical gold, enhancing liquidity and security on exchanges.

International Travel Spending: Credit vs Forex vs Prepaid Cards
Compare credit cards, forex cards, and prepaid travel cards for international spending. Find the best payment method for your global trips based on cost, security, and convenience.

India’s EV Scooter Boom: Mass Adoption Beyond Metros
India’s electric scooter market is rapidly expanding beyond metros into smaller towns and rural areas, driven by fuel prices and growing EV acceptance, signaling mass-market adoption.

New-Age Tech Stocks: BlueStone, ideaForge Rise; PB Fintech, Meesho Fall
Mixed week for new-age tech stocks. BlueStone & ideaForge gain, while PB Fintech & Meesho face declines amid market volatility. Get the latest market insights.

Facebook Privacy Settlement: Second Payouts Start June 9
Eligible users will receive second payouts from the $725M Facebook privacy settlement starting June 9. Learn more about this major data privacy class-action fund.

Vobiz.ai: India’s Voice AI Backbone for Low-Latency Telecom
Vobiz.ai is revolutionizing India’s voice AI with its AI-first telephony infrastructure, solving critical latency and reliability issues for scalable enterprise deployments.

Tokenized Funds: The Future of Investing vs. ETFs & Mutual Funds?
Explore how tokenized funds, using blockchain, could revolutionize mutual funds and ETFs by enhancing transparency, efficiency, and accessibility in investments.

Kolkata Metro Gets 60 New Trains: Boost for West Bengal Railways
Kolkata Metro to receive 60 next-gen trains in 5 years. Union Minister Ashwini Vaishnaw announces major boost for West Bengal railway projects and connectivity.

Facebook Privacy Settlement: $100M Payout Checks Start June 9
Meta is issuing additional Facebook privacy settlement payments starting June 9 for eligible US users who cashed their initial check. Learn more about the $100M payout.

Indian Startups Raise $187M, Showing Strong Funding Recovery
Indian startups secured $187.4M in the first week of June, a 260% surge. Key deals in consumer services & enterprise tech signal a robust funding recovery.

ChatGPT on ₹50 LPA Income & Lavish Wedding Costs
Explore ChatGPT’s financial analysis of a ₹50 LPA earner’s dream destination wedding at Umaid Bhawan Palace. Get a cost breakdown and feasibility insights.

Startup Battlefield 200 Deadline: June 8 for TechCrunch Disrupt 2026
Final call for startups! Applications for TechCrunch’s Startup Battlefield 200 at Disrupt 2026 close June 8. Secure your spot on the Disrupt Stage in San Francisco.

Bellatrix Aerospace: India’s Green Satellite Tech Leader
Bengaluru’s Bellatrix Aerospace pioneers green propulsion and orbital vehicles, significantly boosting India’s satellite economy and sustainable space innovation.

AirTrunk Invests $30B in India for 5GW Data Centers by 2030
AirTrunk commits $30B to build over 5GW of data center capacity in India by 2030, fueling cloud and AI growth.

India-Russia Trade Goal: Putin Eyes $100 Billion Amid Nuclear Plant Progress
Russia’s Vladimir Putin targets $100 billion India-Russia trade, emphasizing cooperation on the Kudankulam Nuclear Power Plant project.

AMFI Suspends Stable Money’s Mutual Fund Distribution
AMFI suspends Peak XV-backed Stable Money’s mutual fund distribution business until November 2026, impacting its operations and growth in India’s fintech sector.

Rippl Raises $1.3M for Trust-Based Social Discovery
Rippl secures $1.3M in pre-Series A funding to launch a trust-based social discovery platform, revolutionizing creator-led commerce with genuine recommendations.

India Boosts Biogas: Higher Prices & Subsidies for Green Energy
India launches a new program with higher prices and subsidies to boost compressed biogas production, aiming for reduced emissions and fossil fuel independence.

India Launches E85 Fuel: A Leap for Flex Fuel Mobility
India introduces E85 fuel (80-85% ethanol blend) to accelerate its flex fuel mobility initiative, aiming for sustainable transport and reduced fossil fuel dependence. Learn more.

BharatPe Flex: Credit-on-UPI for Enhanced Financial Access
BharatPe launches BharatPe Flex, a credit-on-UPI solution integrating a flexible credit line into UPI payments. Discover features and how to sign up for easier financial access.

Karnataka Invests in Deeptech & Quantum Computing; FirstClub Raises $55M
Karnataka accelerates deeptech and quantum computing. Quick commerce app FirstClub secures $55M Series B funding for expansion. India’s tech sector thrives.

StrictlyVC LA: Defense Tech, AI & VC Insights
Join investors, founders & tech leaders at StrictlyVC Los Angeles on June 18 for key discussions on venture capital, defense tech, and AI.

Peak XV Partners Sells ₹100 Cr Go Digit Shares
Peak XV Partners divests ₹100 Cr in Go Digit shares via block deal. Aditya Birla MF and JP Morgan Taiwan Fund were key buyers. Learn more about this market move.

Friale Sells Groww Shares for ₹210.4 Cr; Goldman Sachs Buys
US investment firm Friale divests 1.13 crore Groww shares for ₹210.4 Cr in a block deal. Goldman Sachs acquires the entire stake, indicating investor profit-booking.

Ola Electric Secures ₹780 Cr QIP for EV Growth
Ola Electric raises ₹780 crore via oversubscribed QIP, boosting its EV expansion plans and investor confidence in India’s competitive electric vehicle market.

India’s Surya Ghar Solar Scheme: 7.5M Homes Target
India’s PM Surya Ghar solar scheme is set to reach 7.5 million homes by year-end, accelerating rooftop solar adoption and benefiting millions with free electricity.

Helion Raises $465M for Microsoft Fusion Power Plant
Fusion startup Helion, backed by Sam Altman, secures $465M to build a power plant for Microsoft by 2028, advancing clean energy goals.

Manav Garg Named Executive Chairman of AI Startup Emergent
Manav Garg, Together Fund co-founder, is the new Executive Chairman of AI startup Emergent, signaling a strategic push into AI-driven business growth and operations.