Founded by Ankit Jain, Puran Singh Rajput, and Narayan Lal Gurjar, Udaipur-based EF Polymer has raised $17.8 million in its Series B round. The deep-tech startup will use the funds to expand its bio-based, biodegradable polymer production, enhance R&D, and scale operations across Japan, the US, and Europe to boost sustainable agriculture and water conservation.
Oct 15th, 2025
Closing an inactive private limited company in India doesn’t have to cost a fortune. Under Section 248 of Companies Act, you can apply for a strike-off through the MCA portal. Prepare an affidavit and indemnity bond on stamp paper, get a CA-certified nil statement of accounts, and file Form STK-2 online. Pay only government fee and dissolve your company legally.
Oct 15th, 2025
AI startups like LimeChat and Haptik are automating up to 70% of routine customer queries through advanced chatbots. With India’s BPO sector employing 1.65 million people, experts warn of major disruption ahead. Jefferies projects up to a 50% revenue impact on call centres within five years as conversational AI reshapes global customer support.
Oct 15th, 2025
Mansi Agarwal
Tech Mahindra's headcount declined to 1,52,714 employees, down 1,559 employees from a year ago. The company also reported a last-twelve-month IT attrition rate of 12.8% in the September quarter, compared to 12.6% in the previous quarter. Its IT headcount increased sequentially in the second quarter but declined by 1,459 QoQ and by 2,090 YoY.
Oct 14th, 2025
Mansi Agarwal
Goldman Sachs has informed employees about potential layoffs and a hiring slowdown through the end of the year, according to an internal memo seen by Reuters. The memo also revealed the company's "OneGS 3.0" initiative to push for AI-driven productivity gains. The company still expects to finish the year with a net increase in overall headcount, a spokesperson said.
Oct 14th, 2025
Ashley Paul
A Reddit user claimed the startup they worked at has no leadership system as it has functioned without HR department for 10+ years. Noting that the founder uses ChatGPT for most of his project plans, the ex-employee recalled he uses phrases like "kai bhau" and "chal re". The employee also claimed that the founder cancels tasks when they're almost done.
Oct 14th, 2025
Mansi Agarwal
India's festive and wedding season is likely to generate a turnover of over ₹7 lakh crore this year, according to trade body Bhartiya Udyog Vyapar Mandal (BUVM). Positive consumer sentiment, rising preference for local goods and GST rate cuts are driving the sales. Automobiles, real estate, electronics and jewellery are among the sectors seeing robust demand.
Oct 14th, 2025
Ishita Ranganath
India's e-commerce market is expected to grow from $145 billion in 2025 to $345 billion by 2030, at compound annual growth rate of 19%, stated report by Rubix. It further highlights that Indian market rose 12% YoY, making it the third-largest retail market in 2024. E-commerce only accounts for 7-9% of total retail sales, with beauty segment rising the fastest.
Oct 14th, 2025
Ashley Paul
To buy gold or silver exchange-traded funds (ETFs), a person must first open a DEMAT account. They must then log in to their broker's online trading portal and choose the type of gold or silver ETF they wish to invest in. Investors may choose to invest the full amount in one go or regularly with SIPs.
Oct 14th, 2025
Once a ₹9,000-a-month office boy at Infosys, Dadasaheb Bhagat refused to be limited by his background. From a cowshed-turned-office in rural Maharashtra, he built Doorgraphics, a Made-in-India alternative to Canva. His journey from cleaning desks to creating designs embodies resilience, innovation, and the spirit of India’s digital entrepreneurship revolution.
Oct 14th, 2025
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Ishita Ranganath
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