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Indian Startups Are Back to Hiring, But Appraisals & Raises Will Stay Flat

By~growgenix SUMMARY Around 39% startups are going to fork out a 10-20% hike this year, but a whopping 63% said they will keep the hike unchanged in FY26 as Well staffing firms project a 20-30% surge in hiring by startups in 2025ESOPs are likely to ease the disappointment of flat pay hikes with promises of […]

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Sarvam AI To Bid For Building Indigenous AI Foundational Model

SUMMARY Sarvam AI is planning to submit a proposal to the electronics and IT ministry (MeitY) to build an indigenous AI foundational model under the IndiaAI Mission Startup cofounder Pratyush Kumar said “We need to think about India’s sovereign AI models, else we have the risk of being left out if we don’t step up,

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How comet is shaking up India’s Sneakers Market!

SUMMARY Founded in July 2023, by Utkarsh Gupta and Dishant Daryani, Comet is a D2C sneaker brand, which sells products for both men and women primarily through its website.The startup has so far raised over $7 Mn and counts Elevation Capital and Nexus Venture Partners as its key investorsThis year, offline expansion will be one

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OpenAI vs ANI: AI Giant Says Indian Courts Can’t Hear Copyright Breach Cases

Recently, Asian News International (ANI), a renowned news agency, has filed a copyright infringement suit against the creators of ChatGPT, OpenAI. In this case, a first-of-its-kind in India, ANI has sought an injunction against OpenAI to restrain it from storing, publishing, or reproducing any copyrighted works of ANI or any other original works through their

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Jio Mobile Digital Service Hires Ex-Disney+ Hotstar Head As President

Sajith Sivanandan, a seasoned executive with a proven track record in the digital and media industry, has been appointed as the President of Jio Mobile Digital Services at Jio Platforms. This appointment marks a strategic move by Jio to strengthen its digital ecosystem and expand its offerings with cutting-edge AI-driven solutions. Sivanandan comes with a

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Kabeer Biswas Leaves Dunzo Moves to Flipkart: A New Chapter in Quick Commerce Leadership

Kabeer Biswas, the co-founder and former CEO of Dunzo, has taken on a new challenge by joining Flipkart to lead its quick commerce vertical, Flipkart Minutes. This transition marks a pivotal moment in India’s evolving e-commerce and hyperlocal delivery ecosystem. Biswas’s entry into Flipkart, effective January 13, 2025, underscores the company’s intent to solidify its

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