Rapido rolls out food delivery app Ownly in selected areas of Bengaluru
Ride-hailing platform Rapido’s foray into the food delivery landscape is expected to challenge the heavy commissions levied on restaurants by food-tech giants Zomato and Swiggy.
SEBI to define algo trading, revamp stock brokers’ rules
Under the proposal, the regulator would for the first time define ‘algorithmic trading’ which means any order generated or placed using automated execution logic. The current rules do not define algorithmic trading.
Customer response overwhelming: Amazon India head on quick commerce foray
Amazon Now started a pilot in Bengaluru more than six months back, and marked its Delhi debut around mid this year.
RBI panel suggests measures to mitigate AI risks in financial sector
In its report, published by the RBI on Wednesday, a panel sets out a framework to guide the use of AI in the financial sector, aiming to harness its potential while safeguarding against associated risks.
FirstCry parent to invest Rs 20 Cr in GlobalBees as portfolio rationalisation takes priority
Brainbees will infuse Rs 19.96 crore into GlobalBees, which plans to complete portfolio rationalisation by FY26 while focusing on core category growth.
Perplexity brings Indian stock market data to its AI search tool
The new integration gives users access to share prices, market news, and corporate updates from both the Bombay Stock Exchange and the National Stock Exchange.
EV-maker Omega Seiki Mobility to infuse $25M in Dubai assembly plant
The investment, which is expected to happen over the next five years, will help expand the OEM’s global expansion plans and meet demand for low-emission vehicles in Dubai.
FirstCry parent Brainbees’ quarterly loss narrows by a third even as revenue dips
Brainbees Solutions, the parent of FirstCry, narrowed its losses to Rs 47.8 crore in the June quarter, even as its revenue dipped to Rs 1,862 crore from Rs 1,930 crore sequentially.
Oben Electric eyes international expansion in Middle East, Latin America, Africa
The electric motorcycle maker added that while the company was in the early stages of assessing these markets, it expects to deploy bikes to theses countries by early 2027.
ALLEN Digital’s first CEO Abha Maheshwari departs after two-year stint
Abha Maheshwari, who led ALLEN’s digital arm from its early days, has stepped down, announcing she will take a short break before her next role.
Livspace makes a $5.5M bet on furniture hardware startup TplusA
Livspace founder Ramakant Sharma and Kedaara Capital’s Nishant Sharma also joined the funding round in a personal capacity.
Why is AI startup Perplexity offering $34.5 billion for Google Chrome?
AI startup Perplexity has made an unprecedented $34.5 billion all-cash offer to buy Google Chrome, aiming to acquire the browser’s massive user base amid a looming US antitrust ruling against Google. Backed by major investors, the San Francisco-based firm says the deal would preserve Chrome’s openness while investing billions in its future development
Do Kwon, the man behind $40 bn cryptocrash, pleads guilty to fraud
Kwon, 33, co-founded Terraform Labs in Singapore and built the TerraUSD and Luna tokens, a pairing that once carried a market value north of $50 billion
NPCI to end P2P ‘collect’ requests on UPI from October amid fraud concerns
Originally designed for use cases like splitting bills or reminding friends to pay back shared expenses, it has increasingly become a security concern.
Startup news and updates: Daily roundup (August 13, 2025)
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here’s the roundup for Wednesday, August 13, 2025.
Bluestone IPO gets oversubscribed 2.53X on final day, led by QIB bids
Bluestone’s IPO drew bids 2.53 times the offer size by the final day, led by qualified institutional buyers whose quota was subscribed 4.08 times. Retail investors subscribed 1.13 times, while NIIs bid for 46% of their portion.
Garena Free Fire Max Redeem Codes for August 13
Free Fire Max is one of the most popular games on the planet, and for good… The post Garena Free Fire Max Redeem Codes for August 13 appeared first on Fossbytes.
Sorcery Trello & Discord Link (2025)
Sorcery is no doubt one of the most fun Roblox games out there. But if you’re… The post Sorcery Trello & Discord Link (2025) appeared first on Fossbytes.
Radico teams up with SRK, Nikhil Kamath for spirit venture; to invest Rs 40 Cr
The new venture will rely on Radico’s distribution and marketing, and D’YAVOL team’s creative abilities, and will launch a luxury tequila soon.
Jio enters tax filing market with budget plans as rival ClearTax cuts jobs
India’s peak tax return filing season is underway for the financial year 2024-25 (assessment year 2025-26), with the government extending the deadline for most non-audit taxpayers to September 15, 2025.
