New-Age Tech Stocks Tumble This Week, Swiggy Leads Sell-Off With 24.5% Fall
New-age Indian tech stocks lost over $11 billion in market value this week, led by Swiggy's 24.5% decline following weak quick-commerce results.
Venture capital, funding rounds, mergers and acquisitions, and startup launches.
New-age Indian tech stocks lost over $11 billion in market value this week, led by Swiggy's 24.5% decline following weak quick-commerce results.
Frank X. Shaw, Microsoft's communications chief for nearly three decades, discusses his exit and career in a podcast interview, covering leadership under three CEOs and handling major corporate narratives.
Instacart has reportedly held discussions about a potential sale to larger competitors DoorDash and Uber, signaling possible consolidation in the food delivery market.
Myntra reported a net loss of ₹581.8 Cr in FY26, down from a profit of ₹546.3 Cr in FY25, with operating revenue declining 13.5% to ₹5,242.5 Cr.
Flipkart-backed fintech super.money tripled operating revenue to ₹292.4 Cr in FY26 but widened net losses to ₹263.8 Cr as it expanded UPI and lending services.
Honasa Consumer promotes Vipul Maheshwari to Chief Product & Technology Officer to lead AI and agentic AI initiatives across the company.
Tender247, an AI-powered platform, helps businesses identify and compete for government tender opportunities, with Anupam Kher appointed as brand ambassador to expand reach among smaller enterprises.
Deepinder Goyal's Temple device opens a waitlist with a price of Rs 85,000; the company is selectively picking applicants based on their feedback potential.
Instacart is in talks for a potential sale, with shares rising 9% on the news. The grocery delivery platform has a market value of approximately $12 billion.
Indian startups raised $184 million across 17 deals in the third week of October 2026, marking a 22% dip from the previous week, led by Even Health's $50M Series B.
India's F&B sector attracted Rs 10,000 crore in 2025, but 80% of restaurants fail within five years. Hotshare, an investment platform, focuses on funding already-profitable restaurant businesses.
A TechCrunch Disrupt panel featuring founders and a VC discussing customer acquisition strategies beyond viral growth.
Top VCs from Iconiq and Sapphire Ventures, along with Superhuman Mail founder Rahul Vohra, discuss key red flags and best practices for achieving product-market fit.
AI drug development startup Pathos AI raises $237 million in Series E funding at a $3 billion valuation, led by Bristol Myers Squibb.
Carta and NewView have partnered to encourage more startups to offer early share-sale programs by simplifying the tender offer process.
A co-founder reflects on Microsoft Garage's 17-year run ending, sharing lessons on why a grassroots innovation lab succeeded despite skeptics.
Weekly roundup of top 10 startup funding deals includes $1.5B Series E for Tenstorrent (AI processors) and $1B Series A for Flapping Airplanes (foundational AI).
Indian startups raised $246 million in weekly funding, down 27% year-over-year, with Even Healthcare and Different leading at $50 million and $48 million respectively.