News and Trends: Page 4
'It Is What It Is': Uber CEO Defends New Return-to-Office Policies at 'Heated' All-Hands Meeting
Uber's recent changes include adding a day to its hybrid work policy (from two to three) and upping the sabbatical eligibility requirement.
'Most Advanced and Interactive Destination in Our Portfolio': Disney Is Building a New Theme Park in the Middle East. Here's What We Know.
Disney CEO Bob Iger said the project is "ambitious."
BrowserStack Acquires Requestly to Bolster Developer Testing Tools
Post-acquisition, Requestly will remain open-source and operate independently while leveraging BrowserStack's resources to accelerate development.
India–UK Free Trade Pact Set to Weave Jobs, Exports, and Innovation into a USD 60 Billion Opportunity
Among the top beneficiaries of the FTA is India's textiles and apparel sector. With the UK eliminating duties on garments and home textiles, Indian manufacturers are expected to gain a competitive edge over regional rivals such as Bangladesh, Vietnam, and China. Export growth is projected to rise by 25–30 per cent, with corresponding job creation in labour-intensive hubs like Gujarat, Tamil Nadu and West Bengal
Routematic Raises USD 40 Mn Series C from Fullerton and Shift4Good to Drive EV Expansion and City Growth
The capital infusion will be used to expand operations across India's top five cities, scale the fleet to 10,000 vehicles by March 2026, and convert 30% of its fleet to electric vehicles (EVs).
IPOs to Remain a Hopeful Avenue for Investors Post 7x Surge
Sectors such as consumer/retail, fintech, and healthcare saw significant exit growth during the period. Meanwhile, strong public market exits helped balance the sharp decline in strategic sales, according to a Bain & Company-IVCA report.
Insurance Samadhan Raises INR 8.5 Cr to Strengthen Tech, Expand Offerings
The fresh capital will be deployed to bolster the startup's technology infrastructure and enhance product offerings, including its flagship "Know Your Policy" feature aimed at addressing common pain points like misselling and claim rejection.
Shiplog Secures INR 6.5 Cr Funding Round Led by Bhagnani Family Office
The startup plans to utilise the funds to strengthen its technological infrastructure, expand its team, and develop an advanced AI-powered inventory management system.
GCCs Project Salary Hike of 9.9% in 2025, Attrition Hits Record Low Last Year
GCCs are increasingly leveraging AI and analytics to personalize rewards, conduct real-time pay equity audits, optimize benefits, and build agile, future-ready talent strategies.
TPG to Acquire 35% Stake in SCHOTT Poonawalla from Serum Institute of India
The transaction is expected to close in the first half of 2025.
Simple Energy Eyes INR 3,000 Cr IPO by FY27 to Accelerate EV Expansion
The proceeds will be used to set up a large-scale manufacturing facility to cater to pan-India demand, further aligning with the Government of India's vision of EVs constituting 30% of new vehicle sales by 2030.
Snowflake Expands Automotive-Focused AI Data Capabilities Amid Rising Demand for Data-Driven Manufacturing
Snowflake says its latest updates are designed to address the increasing complexity and data volumes generated across the vehicle lifecycle—from design and production to logistics and after-sales
Studio Blo Appoints Shekhar Kapur as Chairperson of AI Ethics & Creative Stewardship
As Chairperson, Kapur will guide the studio in deploying AI ethically while fostering artistic experimentation.
Onebeat Raises USD 15 Mn from Schooner Capital to Expand AI-Powered Retail Platform
The company will deploy the capital to expand its AI-driven dynamic inventory optimisation platform across the US, India, and other international markets.
Women-Focused Brand BlissClub Secures INR 45 Cr from Elevation Capital, Eight Roads & Alteria
The fresh funds will be deployed towards business growth, market expansion, and general corporate purposes.