Bullets

OpenAI is about to unleash a new generation of super-smart AI! They're introducing o3 and o3 mini, designed to crush complex problems like never before.

CEO Sam Altman says these models will be game-changers, attracting new users and investments.

Think of it as a brain upgrade for AI! Know more about the ChatGPT and its impact on your lives by clicking on this link.

Accel India, the venture capital firm behind Flipkart and Swiggy, is back with a bang! They've just closed their eighth fund, raising a whopping $650 million (₹5,460 crore).

This new fund, along with their US-based growth fund (₹11,340 crore), will fuel investments in promising Indian startups, especially those gearing up for their IPOs.

Accel is now poised to play an even bigger role in the Indian startup ecosystem.

Good news for Indian startups! After a rough patch in 2023, funding is starting to flow back in.

While early-stage deals remain steady, growth-stage companies are seeing a major boost, with over $5 billion (₹42,000 crore) raised this year.

But don't get too excited! Investors are still cautious. Companies need to adjust their expectations and focus on sustainable growth.

Want to know more about the Indian startup scene? Click here.

The Indian government is cracking down on predatory lending apps!A new bill proposes a 10-year jail term and a hefty ₹1 crore fine for those who break the rules.

This comes after numerous complaints about unfair lending practices and harassment by some digital loan apps.

The government is seeking public feedback on the draft bill until February 2025.

MobiKwik's stock is on fire! 🔥 The shares have surged 14% today, adding to the impressive 37% gain from its recent listing.

Since its IPO price of ₹279, the stock has already soared 117%.

This digital payments company is clearly a hot commodity, but is it too hot to handle?

Read more about the recently listed company with this article.

Perplexity AI, the startup challenging Google's search dominance, just hit the accelerator with a $500 million (₹4,200 crore) funding boost. This latest round values the company at a staggering $9 billion (₹75,600 crore).

The funding will fuel Perplexity's mission to revolutionise search with AI-powered results.

Will Perplexity dethrone ChatGPT? Know the competitors strength with this article.

Indian stocks took a major hit today, with the Sensex plunging over 1,000 points! The culprit? The US Federal Reserve's hawkish stance on interest rates.

Investors are worried about the impact of higher interest rates on global economic growth and corporate earnings.

Should you be worried about your investments? Read more with Finology Insider to make an informed decision.

Digital lenders are changing their strategy as RBI tightens rules on unsecured loans. They're now focusing on secured lending, offering loans against property, business loans for small businesses, and green financing.

While some lenders are using a mix of online and offline methods, others are going door-to-door to offer loans.

However, they're facing challenges like physical verification and collateral checks, which can slow down the process.

Mobikwik's shares made a strong debut on the stock market today, opening at a premium of over 50%. This means investors who bought the shares in the IPO are already seeing significant gains.  

The company's strong performance in the grey market, where shares trade before the official listing, was a good indicator of its potential.  

Interested about the company's fundamentals? Know it all from here.

Athera Venture Partners, the tech-savvy investor, has secured a major boost from HDFC Asset Management Company. This new partnership will fuel Athera's fourth fund, aiming to raise a whopping ₹900 crore.  

With this investment, Athera is strengthening its position as a leading early-stage investor, backing innovative companies like Pixxel and Euler Motors.  

Know more about the EV sector from a detailed analysis here.

The Supreme Court has paused the ongoing antitrust cases against e-commerce giants Amazon and Flipkart. These cases were initially being heard by the Karnataka High Court.

The top court has decided to transfer all antitrust cases involving these companies to the Karnataka High Court. This means that all related cases will now be consolidated and heard in one place.

The next hearing for these cases is scheduled for January 6th.

Ola, the ride-hailing giant, is about to shake up the food delivery scene! They're gearing up to launch on the ONDC platform, which could give them a significant boost in the food delivery market.

With ONDC, Ola can tap into a wider network of restaurants and reach more customers. This could mean more options, better deals, and faster deliveries for you!

Know more about the ONDC landscape with this article.

2024 was a year of big moves in the Indian tech industry! Many top executives switched roles, with some of the biggest changes happening at Flipkart.

Amitesh Jha, who used to lead Flipkart's marketplace, is now the CEO of Swiggy Instamart. Other key departures from Flipkart include Ayyappan R, Dheeraj A, and Bharath Ram.

It seems like the Indian tech industry is constantly evolving, with new leaders emerging and old ones moving on to new challenges.

Also Read: Key Leaders of Tata Throughout The History

Wipro, one of India's tech giants, is gearing up for a growth spurt! They're investing in their employees to stay ahead of the curve.

The company's HR head, Saurabh Govil, says that Wipro is focusing on developing its internal talent to drive future growth.

Keep an eye on the tech developments for Wipro with Bullets by Insider.

Zomato is in hot water with the taxman! The food delivery giant has been slapped with a ₹803 crore tax demand for unpaid taxes, penalties, and interest.

The dispute centers around whether food delivery platforms are liable to pay taxes on delivery fees.

How will this demand affect the company's future?

Know what's new with Zomato from here.

Reliance Brands is breaking up with two of its fashion partners: Replay and G-Star RAW.

The reason? Slow sales and changing consumer preferences. Many G-Star stores have already closed their doors, and Replay's fate looks similar.

Reliance is now focusing on other international brands that they think will resonate better with Indian consumers.

What do you think about Reliance's decision? Know everything when it comes to Reliance from here.

Zepto, the speedy grocery delivery startup, is growing at lightning speed! Their revenue zoomed 120% in the last fiscal year. While they're still burning cash, the good news is that their losses are shrinking.

CEO Aadit Palicha is optimistic about the future and believes they'll be profitable soon.

Curious about Zepto’s business model and its futuristic strategies? Click here.

Oyo's value is on the rise! Nuvama Wealth has invested ₹100 crore in Oyo's parent company, valuing the hotel chain at a $4.6 billion (₹38,640 crore).

This investment shows that investors still believe in Oyo's potential, despite recent challenges.

Is Oyo on the path to recovery? Know in detail about its journey so far from here.

Zomato's got a big tax headache! The food delivery giant has been slapped with a ₹803.4 crore tax demand by the GST authorities.  

This hefty bill covers unpaid taxes from October 2019 to March 2022. Zomato is now working to resolve this issue.  

Know more about Zomato’s future plans and their entrance into the entertainment business from here.

Bluestone, the sparkling jewelry retailer, is gearing up to dazzle the stock market with its upcoming IPO. The company is eyeing a valuation of ₹12,000-13,000 crore, a significant jump from its recent private funding round.

This IPO will raise around ₹3,000 crore, with both fresh shares and existing investor stakes being offered.

Curious about the upcoming IPOs? Read more from here.