Bullets

Among 17 listed Indian startups, 11 improved Q4 profitability. However, it somewhat of a mixed bag.

• Nykaa achieved positive cash flow and more than 2x its profits. Whereas, Swiggy 2x its net losses (to ₹1,081 Cr.).

• PB Fintech expanded margins by 1% in Q4, while Eternal's profit fell 78% to ₹39 Cr.

• Ola Electric's loss surged to ₹870 Cr. with a 62% revenue drop, whereas Ather Energy narrowed losses by 17% and posted ₹611 Cr. in revenue. 

Can startups balance growth and profitability amid tough market battles?

Royal Enfield is going electric, and quiet, with its new Flying Flea C6, coming in 2026.

• It’s the company's first electric bike, weighing under 110kg (half as heavy as a Classic).

• It revives the Flying Flea, a WWII bike once dropped by parachute.

• It won't have the brand's famous engine sound, but will go up to 120 kmph.

• Expected to cost around ₹2.5 lakh, it targets city riders and younger users.

Will fans still love a Royal Enfield that doesn't roar?

Also read: Royal Enfield: Owner Siddhartha Lal's Success Story

Air India CEO Campbell Wilson says the Tata-backed carrier is midway through a five-year revamp, with over 100 aircraft added since privatisation and major upgrades underway.

IndiGo just announced 10 new overseas routes, aiming to go global by 2030 with 600 planes.

Air India's fleet expansion is slowed by retrofits, layoffs, and Pakistan's airspace ban, but new A350s are setting the standard.

Both airlines eye leadership in the sky, but who will define India's aviation future?

Also read: Reasons why airline industries are always struggling

Here are the points:

• After selling its food delivery to Zomato during the pandemic, Uber’s future in India seemed uncertain. 

• But by 2025, Uber leads India's cab market with 50% share, surpassing Ola.

• Uber stayed in 125 cities, focusing on premium rides, budget options, bike taxis and bus shuttles.

• Ties with Everest Fleet increased Uber's number 2,400% in 4 years, helping it reach 100 Cr. trips annually.

• However, Uber's focus on tech is challenged by zero-commission rivals like Rapido and Namma Yatri.

Can Uber's strategy adapt as India's ride-hailing shifts to new business models?

Google could be forced to separate from its Chrome browser after being found guilty of running an illegal monopoly in online search.

• A US judge is deciding if Google must spin off Chrome to reduce its power.

• Government lawyers say Chrome gives Google an unfair edge, especially with AI growing fast.

• They also want to ban Google’s default search deals with Apple and Samsung.

• Google argues 80% of Chrome users are global, and divesting it would harm innovation.

• Rivals like ChatGPT and Perplexity are already cutting into its traffic

Is splitting Chrome the only way to stop one company from controlling the internet?

India’s health-focused food brands are surging as quick commerce, rising incomes, and health awareness reshape snacking.

• Farmley saw a 60% revenue jump to ₹370 Cr. in FY25 and turned EBITDA profitable.

• The Whole Truth grew over 200% to ₹200 Cr.; its ARR now ₹250–300 Cr.

• SuperYou, cofounded by Ranveer Singh, hit ₹80 Cr. ARR within months

• Venture capital (VC) funding jumped to ₹559 Cr. in early 2025, 4x more than all of 2024

As healthier snacks go from niche to mass market, can they stay tasty and affordable for everyone?

Also read: Is the Indian Food Industry in Danger? The Debate Over Right & Wrong

Here are the points:

• Late-stage funding fell 20% in 2024, even though overall venture capital rose ~40% from 2023 to 2024.

• Only 22 of 90 unicorns were profitable in FY24, about the same as last year; roughly 40% are financially stable.

• Revenue growth slowed to 21% in FY24 from 35% in FY23, with 19 unicorns reporting declines.

• Combined losses dropped 35% to ₹39,361 Cr. in FY24 as startups focus on reducing losses.

Is India's startup scene shifting from rapid growth to cost-cutting?

Fired in 2017 from Infosys for being "too tech-focused", Vishal Sikka is now leading VIANAI, an AI startup backed by SoftBank's Masayoshi Son and Yahoo's Jerry Yang.

• VIANAI raised $190 million in multiple rounds and partners with TCS, SAP, KPMG, and Cognizant.

• Its tool ‘hila’ catches and fixes errors in AI answers, cutting false info from 66% of a sentence to almost zero.

• Sikka's team includes ex-Infosys and SAP execs.

• VIANAI focuses on accurate data and advancing AI that can make independent decisions.

With more accuracy, are we looking at an AI uprising?

Here are the points:

• Jubilant FoodWorks (Domino's India) saw 19% revenue growth in Jan–Mar 2025, beating rivals like Westlife (McDonald's) and Sapphire (KFC, Pizza Hut).

• It runs 2,000+ stores across 407 cities and is Domino's biggest franchise outside the US.

• But with little room left to grow and rising low-cost rivals like Ovenstory and La Pinoz, future gains may slow.

Can the king of ₹99 pizzas win in a country hungry for more than just value?

Rakesh Gangwal, who once slammed IndiGo's governance, saying a "paan ki dukaan" runs better, has sold shares worth ₹11,564 Cr.

• After a fallout with cofounder Rahul Bhatia, Gangwal began stepping away in 2022.

• His stake dropped from 36.6% to 7.8%, earning nearly ₹30,000 Cr.

• IndiGo is now valued at over ₹2 lakh Cr. 

• Gangwal, 71, is now chairman of Southwest, worth ₹1.5 lakh Cr. 

From IndiGo to Southwest, did Gangwal trade paan for peanuts?

Also check: How IndiGo Kills Competition with Scary Hack!

Here are the points:

• Gaurav Munjal and Roman Saini are leaving the company they started; Sumit Jain will take over as CEO.

• They’ll now focus on AirLearn, a language learning app with 70,000 daily users and a ~₹16.61 Cr. yearly revenue run rate.

• Unacademy dropped its ~₹6,846.4 Cr. deal with Allen Career Institute and is now focusing on offline coaching.

• Unacademy made ₹840 Cr. in FY24 but lost ₹631 Cr. The company still has ₹1,200 Cr. in the bank.

Will this bold move help them bounce back in the tough edtech world?

Also read: Is EdTech the next big export from India?

Here are the points:

• Nestlé India is going through big changes as it drops out of the Sensex 30 list on June 23.

• Manish Tiwary becomes MD in August 2025, replacing Suresh Narayanan, who led after the Maggi ban in 2015

• Sales have grown only 7% a year recently; profits fell 5% last quarter

• The stock has grown 8% yearly in 5 years, while the Sensex grew 15%

• Still trades at a high 65x price-to-earnings ratio—many say it’s too expensive

Can the new leader bring back growth and trust for this household name?

Here are the points:

• A new battle is on in the AI world—this time, over who writes your code.

  • Google launched Jules

  • Microsoft released GitHub AI

  • OpenAI added Codex 

• These tools rival startups like Cursor, Bolt, and Lovable—Cursor alone earns ~₹2,491.41 Cr. annually.

• Google and Microsoft say 30% of their code is AI-written; InMobi says it’s already at 50%.

• The market for AI coding tools is set to hit $12.6 billion by 2028.

Will AI turn developers into copilots—or passengers?

Also Read: Is ChatGPT making you an AI Slave?

Bengaluru’s 60-minute fashion delivery startup, Slikk, just raised ₹85 Cr. in fresh funding led by Nexus Venture Partners.

• Lightspeed, which led a ₹27.42 Cr. round in March 2025, also participated.

• Funds will fuel new lifestyle categories, instant returns, and expansion beyond Bengaluru.

• Founded in 2024, it hosts 150+ brands like Snitch, The Souled Store, and Bewakoof—targeting 500 by December

• Dark stores to grow from 2 to 6–8 by September

Is instant fashion the future of urban shopping—or a race against sustainability?

As competition and regulations squeeze profits, top payment aggregators are turning to fraud detection tech as a revenue source.

• PayU, Razorpay, and PhonePe now offer fraud detection tools to banks and fintechs.

• PhonePe’s real-time tool helps banks build custom rules for spotting suspicious activity.

• PayU uses Wibmo to secure transactions; Razorpay built a white-label solution for banks.

• India saw 1,100 Cr. UPI and 60 Cr. card transactions in April alone—fraud cases are rising.

• Smaller banks, unable to build such tech, are key clients

Will this new strategy help payment firms stay one step ahead of fraudsters?

Also Read: India's Biggest Financial Scams

Online investment platform Groww has taken the first step toward going public.

• It filed a confidential IPO draft with SEBI under its entity, Billionbrains Garage Ventures Ltd.

• The IPO may raise $700 million –$1 billion and list on the NSE and the BSE.

• Singapore's GIC plans to invest $150 million for a 2.14% stake via Viggo Investments in a pre-IPO round.

• This round could value Groww at $7 billion—more than 2X its valuation in 2021.

Groww is where investors invest—now the question is, will investors invest in Groww?

Social media platform X (formerly Twitter) is still recovering from a major outage that began on 23 May.

• X Engineering confirmed on 24 May (5:33 AM IST) that logins, signups, notifications, and premium tools remain affected.

• Users report missing messages, delayed DMs, and broken access to X Pro (formerly TweetDeck).

• The company hasn't revealed the cause, sparking concern over data security and transparency.

• After Elon Musk's 2022 takeover, X cut key engineering roles, raising doubts about system reliability.

Is X suffering from the "Elon Musk" side effect?

Here are the points:

• President Trump wants Apple to build iPhones in the US—but experts say it's nearly impossible.

• Trump threatened a 25% tariff on iPhones sold but not made in the US.

• Commerce Secretary Lutnick says robots would replace "millions" of screw-tightening workers.

• Apple CEO Tim Cook told him the tech needed isn't ready yet.

• Trump could use emergency powers under IEEPA to force tariffs.

• Experts warn US-made iPhones could cost $3,500 or ~₹3 lakh and take a decade to build.

Will "Making America Great Again" mean making phones unaffordable?

Ola Electric will raise up to ₹1,700 Cr. via non-convertible debentures, its first funding move since its August IPO.

• Shares have dropped to ₹51.5, down from the IPO price of ₹76.

• Lost EV two-wheeler crown to TVS in April, with market share falling to 21.46%.

• Faced scrutiny over sales discrepancies and missing trade certificates.

• Net loss surged 50% to ₹564 Cr. in Oct–Dec 2024; revenue fell 19%.

Can raising debt keep Ola Electric's growth charged amid rising headwinds? Track Ola’s share price to see how the story unfolds.

Urban mobility startup Rapido's gross order value soared 2.5x to ₹10,312.5 Cr. in FY25.

• Rapido now handles 30 - 35 lakh daily orders across bikes, autos, cars, and logistics.

• It captured 40% of India's ride-hailing market, eating into Ola's four-wheeler share.

• Launched car rides in Dec 2023, plans to expand to 500 cities.

• Monthly cash burn hit ₹33 - ₹41.2 Cr. in 2025 as it preps for a food delivery push.

Can rapid growth justify rising losses in the race for dominance?

Also read: Will Rapido Break the Zomato-Swiggy Duopoly?