Spotify confirms Family Plan crackdown, but calls it a ‘routine improvement’
Spotify is rolling out QR code verification for Family Plan members to confirm they live in the same household, framing it as a routine improvement rather than a crackdown.
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
Spotify is rolling out QR code verification for Family Plan members to confirm they live in the same household, framing it as a routine improvement rather than a crackdown.
Swiggy narrowed net losses 16% to Rs 922 crore in Q2 FY27 while revenue jumped 36%, with Instamart quick-commerce growing 31% year-on-year.
Jewellery retailer BlueStone reported a ₹4.4 Cr net loss in Q2 FY27 despite 45% revenue growth YoY to ₹745 Cr, while expanding store network to 379 outlets and securing board approval for ₹300 Cr debt raise.
Swiggy plans to transition to an Indian-owned entity structure starting Q3 FY27, expecting an 80 basis point margin improvement for its quick commerce arm Instamart.
Eternals (parent of Blinkit) posted Rs 125 crore profit in Q2 FY27 with 78% revenue growth to Rs 24,138 crore, driven by its shift to inventory-led quick commerce.
Startup Action State Group launches open-source tools to verify AI agent interactions and behavior, enabling businesses to audit automated systems across corporate boundaries.
Founder Jim Ritchie built AEONrv into a $20 million business by combining an electric cabin with a traditional gas chassis to create hybrid RVs, achieving 4,231% growth.
A Scaler-CMR report finds 88% of Indian enterprises expect demand for Forward Deployed Engineers to rise by 2030.
Inc42 highlights five Indian manufacturing startups building specialized components and materials for sectors including semiconductors, electric mobility, and energy storage, supported by new government policy initiatives.
Binny Bansal-backed ShopOS launched Sloosh, a self-service AI platform for generating images and videos targeting individual creators and small businesses, with subscriptions starting at $19 per month.
Zomato's parent Eternal discussed how owned delivery and inventory networks protect it from AI shopping agents and revealed plans to separate its going-out business.
A podcast roundtable featuring three French founders building advanced cancer therapies through microalgae-based manufacturing, cell therapy, and AI-driven drug discovery discusses scaling European BioTech innovation.
Lucid has secured a deal with robotaxi company Bolt to power at least 25,000 autonomous vehicles in Europe using Nvidia's Alpamayo Stack self-driving software.
Sydney-based legal tech startup Mary Technology has integrated its litigation tools with Harvey, a $15.6B legal AI platform, enabling lawyers to access case facts and evidence.
eBay announced a second round of layoffs in 2024, cutting approximately 9% of staff (around 1,000 jobs) as the company focuses on fastest-growing business areas.
Portal Space Systems successfully deployed its Starburst-1 satellite to orbit via SpaceX Falcon 9, marking the startup's second orbital achievement this year. The company self-funded development to accelerate timelines.
Blinkit CEO Albinder Dhindsa says the company sees no compelling business case for expanding private label products due to high marketing and development costs.
Glance will be integrated by default on Android TVs in the US, India, and Japan through a partnership with Google, transforming idle screens into interactive shopping platforms.