Ashley Paul

How smartphones may be sabotaging people's retirement plans?

Retirement planning is based on patience and financial discipline, but smartphone scrolling, which promotes immediate rewards (likes, reshares and comments), may be making it difficult for people to stay invested, FE reported. Dark patterns that trick users into purchasing items they don't often need induce overspending, which may harm savings. Subscriptions and upgrades may also hit savings.

Dec 13th, 2025

How smartphones may be sabotaging people's retirement plans?

Pravel Jain

Gurugram-based logistics platform Shiprocket, backed by Temasek and Eternal, has filed an updated DRHP with SEBI to raise ₹2,342.3 crore through an IPO. The IPO will comprise a fresh issue of equity shares aggregating up to ₹1,100 crore and an offer for sale of ₹1,242.3 crore by existing shareholders. The proceeds will be used to accelerate growth across Shiprocket's platforms.

Dec 13th, 2025

Shiprocket files updated IPO papers with SEBI for ₹2,342 cr issue

Orissa hotel management graduate Sourabh Khandelwal founded Dahibara Express in 2023 to serve hygienic versions of the popular street food. His brand now operates 12 outlets across India and is planning expansions in Dubai and Nepal. Dahibara Express recorded around ₹1.8 crore in annual revenue and has drawn franchise interest and awards for its regional cuisine focus.

Dec 13th, 2025

23-year-old from Odisha builds dahibara brand, earns ₹1.8 crore

Mumbai-based entrepreneurs Mohammed K. Bhol and Chef Mikhail Shahani founded House of Biryan in 2022 as a cloud kitchen network offering customisable biryani bowls. The brand now has 22 kitchens across Mumbai, Delhi and Dubai, and recorded ₹33.90 crore in annual revenue in 2024. House of Biryan is targeting ₹100 crore in revenue by 2026.

Dec 13th, 2025

Mumbai entrepreneurs sell customised Biryani, eye ₹100 cr revenue

Pune-based denim brand Rawri, founded by 23-year-old friends Riya Chauhan and Sahil Hotwani, customises and revamps old denim jeans and jackets into modern pieces. The duo met in college and launched Rawri in 2025, using pop-ups and Instagram to reach customers. Bollywood actor Jackie Shroff approved their customised denim jacket and said he would wear it in an upcoming shoot.

Dec 13th, 2025

23-yr-old friends start startup to revamp and customise old denim

Inito, founded by Aayush Rai and Varun AV, has raised $29 million in a Series B round led by Bertelsmann India Investments, with Fireside Ventures participating. The funding will help the company expand beyond fertility testing into broader at-home hormone and health diagnostics using AI-engineered antibodies, as it works to make reliable, data-driven testing more accessible from home.

Dec 13th, 2025

Inito raises $29 mn to expand at-home diagnostics beyond fertility

Neeraja Nath

ED's Gurugram Zonal Office attached ₹117.41 crore worth of movable and immovable assets belonging to Probo Media Technologies as part of its money laundering probe. Earlier, ED probe had found that Probo cheated its customers by facilitating online gambling under the guise of online gaming. Probo had shut down its platform in August after government introduced online gaming law.

Dec 12th, 2025

ED attaches Probo's ₹117-crore assets for allowing online gambling

Skoda Volkswagen India expects only a small number of staff departures and not broad layoffs, the company said amid industry job-cut talk. It said exits would be limited, aligned to business needs, and not part of major cost-cutting. The automaker plans to focus on growth, local expansion and stronger operations in the Indian market without large workforce reductions.

Dec 12th, 2025

Skoda VW India sees only limited staff exits, not layoffs

Indian startup Rivesa AI has reached a $1.2 million valuation as it develops a visual AI engine that automates screen-based business workflows. Founded by Raj Jobalia and Hirdesh Mehta, the company aims to reduce dependence on complex software integrations by enabling automation that visually understands digital tools and executes routine operational tasks across enterprises.

Dec 12th, 2025

Rivesa AI reaches $1.2 mn valuation with visual automation

Ashley Paul

A 42-year-old Indian startup founder named Beri Vikram tried to set a winery on fire in US' Saratoga. When confronted by staff, Vikram threw a wine bottle and fled and intentionally crashed his Tesla into two parked cars, sending one over an embankment. Vikram then refused to surrender and "crawled out of the car" after police used pepperball and spray.

Dec 12th, 2025

Indian startup founder tries to start fire in US, intentionally crashes his Tesla while fleeing

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