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🚨 Uber launches Uber for Teens in 37 Indian cities Uber India has launched Uber for Teens across 37 cities, allowing parents to set up accounts, track rides in real time, and ensure safe travel for kids aged 13-17. With GPS tracking, an in-app emergency button, and detailed ride summaries, safety comes first. As 92% of parents struggle with reliable transport for their teens, this new feature is set to make life easier. Read more at: https://lnkd.in/gvvhUCX3 By Sai keerthi #UberForTeens #SafeRides #SmartParenting #UberIndia #TeenTravel

🚨 IT dept rejects PB fintech subsidiary’s Rs 86 Cr expense claim, issues Rs 9 Cr demand notice. The Income Tax Department rejected ₹85.6 crore in expenses claimed by PB Fintech’s subsidiary, Paisabazaar Marketing and Consulting Pvt. Ltd., for FY 2023-24. A demand notice of ₹9.32 crore was issued, though PB Fintech argues this contradicts the assessment order stating no outstanding tax liability. The company plans to file a rectification application and clarified that the disallowance won’t result in additional tax liabilities due to carried-forward losses. Read more at: https://lnkd.in/d6tUCQ89 #IncomeTax #PBFintech #Paisabazaar #TaxDispute #FinanceNews

🚨 CCI clears Groww’s shareholder restructuring as founders surrender special voting privileges The CCI has approved a key restructuring move for Groww, allowing shareholders to gain additional voting rights while its founders relinquish special control privileges. The fintech unicorn is also issuing bonus preference shares to major investors, including Peak XV Partners, Ribbit Capital, and Tiger Global. As Groww gears up for a potential $10B IPO, it reported a 119% revenue surge to ₹3,145 Cr in FY24. Despite a one-time tax hit, its brokerage arm saw profits grow 4X. A new era for India’s investment landscape is unfolding! Read more at: https://lnkd.in/giE4EemE By Sayan Sen #Groww #Fintech #StartupIndia #Investment #StockMarket #Tech

🚨 Zomato grants ESOP worth Rs 4.42 Cr Zomato has granted stock options worth ₹4.42 Cr under its ESOP 2014 & 2021 plans, benefiting employees with equity in the company. Meanwhile, the quick commerce giant let go of 600 customer support associates as AI-driven efficiencies reshaped operations. With 1,500 hires under its Associate Accelerator Programme and major stock transactions by Goldman Sachs & Kadensa Master Fund, Zomato continues to evolve in a dynamic market. Read more👇🏼 https://lnkd.in/gGTnEbAR By Akshita Toshniwal #Zomato #ESOP #TechAndAI #WorkforceShift #FoodTech #StartupIndia

🚨 VC funding in Q1 2025 remains flat; Bengaluru startups get over $1B. Indian startups raised $2.52B across 312 deals in Q1 2025, nearly the same as last year but down 17.2% from Q4 2024. Bengaluru led with $1.1B, followed by Mumbai ($519M) and Delhi-NCR ($446M). Fintech dominated with $808M in funding, while early-stage startups saw the highest deal volume. Read more: https://lnkd.in/dYqP7puD By Thimmaya Poojary #StartupFunding #VentureCapital #IndianStartups #FundingTrends

🚨 Atomberg surpasses Rs 1,000 Cr in revenue in FY25 Consumer appliances brand Atomberg Technologies has crossed ₹1,000 crore in revenue for FY25, marking a significant leap from ₹848 crore in FY24. Co-founder Sibabrata Das reflects on the journey of overcoming uncertainties, innovation, and the road ahead. With ambitions to become a multi-category, global brand, Atomberg is set to push the boundaries of smart and energy-efficient appliances. Read more at: https://lnkd.in/gTdMZGzd By Bhuvana Kamath #Atomberg #StartupGrowth #Innovation #SmartTech #MadeInIndia #ConsumerElectronics

Infinity Fincorp, which operates in the micro-Loan Against Property financing space, has secured an investment from Beams Fintech Fund. The company is focused on Tier III towns across Andhra Pradesh, Tamil Nadu, Telangana, Madhya Pradesh, and Rajasthan. Know more. Sagar Agarvwal [In partnership with Beams Fintech Fund]

Sam Altman just announced that OpenAI will release its first open-weight language model since GPT-2, bringing more flexibility to developers. Unlike open-source models, open-weight AI allows access to trained parameters for fine-tuning—without revealing the full source code or training data. To shape its approach, OpenAI will host developer events in SF, Europe, and Asia-Pacific. With a $40B funding transition ahead, the AI giant is gearing up for a major shift. What does this mean for the future of AI? #OpenAI #AIInnovation #TechNews #MachineLearning #Developers

🚨 I love the fact that people are calling the fall in crypto prices a dip: Binance’s Vishal Sacheendran. In an exclusive conversation with YourStory, Binance’s Head of Regional Markets, Vishal Sacheendran, shares insights on India's evolving crypto landscape. With the country leading global crypto adoption for the second year, Binance sees massive potential despite regulatory uncertainties. He highlights growing institutional interest, a $2 billion investment from MGX, and the role of compliance and education in shaping India's crypto future. Read more: https://lnkd.in/djzJM96x By Sai keerthi #Crypto #Binance #IndiaCrypto #Blockchain #Web3 #Investment

Amazon Q: Effortless AWS Infrastructure Setup with AI! What if you could set up and optimize AWS infrastructure with just a few prompts? Gopal Krishna Bhatia, Senior Partner Solutions Architect at AWS, demonstrates how Amazon Q simplifies cloud deployment using intelligent automation. Watch as he walks through creating, explaining, and optimizing a cloud formation template- faster and easier than ever! #AmazonQ #AWS #CloudComputing #AI #Automation #DevOps #Infrastructure #GenerativeAI Jeff Barr | Ramesh Ranganathan | Saida Babu Chanda | Chandrasekaran Sivaraman | Vipul Tankariya | Karthik Sambandam | Mani Chandrasekaran | Madhuri Susarla | Sujeet Kumar | Sachin Menon | Clinton G. | Dinesh Dhoot | Ashok Singla | Ashok Sundaram