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Fireside’s strategy for 2025 is to go in faster, catch them young(er)

Livemint

Livemint · 8m ago

Fireside’s strategy for 2025 is to go in faster, catch them young(er)

Fireside Ventures, a Bengaluru-based early-stage venture capital firm, is adjusting its strategy to focus more on seed-stage investments in 2025. Traditionally, Fireside has invested in startups with significant revenue, but it now plans to enter earlier to capitalize on high-growth potential. This shift allows them to support promising entrepreneurs early, leveraging their expertise in building consumer brands. The firm, managing over ₹3,000 crore, is also targeting the booming healthcare and wellness sectors.

Related News

Inside Swiggy Instamart’s ‘Mega Dark Store’ Plan

Inc42 · 9m ago

Inside Swiggy Instamart’s ‘Mega Dark Store’ Plan

Swiggy is planning to expand its Instamart dark stores in order to offer a broader range of products and faster delivery times. The company aims to increase its SKU coverage and improve fulfillment efficiencies with larger dark stores. Swiggy is also focused on customer acquisition in the quick commerce industry, believing that convenience, product assortment, and customer experience will give them an edge. The average order value for Swiggy Instamart has shown significant growth, while the food delivery vertical has seen only a moderate increase. Swiggy is looking to catch up with competitors in the quick commerce space.

Zerodha’s Nikhil Kamath launches WTFund for young entrepreneurs

Economic Times

Economic Times · 1y ago

Zerodha’s Nikhil Kamath launches WTFund for young entrepreneurs

Zerodha co-founder Nikhil Kamath has launched a grant-based fund called WTFund for entrepreneurs aged 25 and under. The fund aims to provide a grant of Rs 20 lakh to young founders allowing them to retain full equity in their ventures. In addition to financial support, the fund will offer mentorship, assistance with go-to-market strategies, internship programs, and other opportunities. Kamath believes that young founders have the potential to make the most impact and wants to cultivate a culture that encourages them to embrace risk. The WTFund will begin accepting applications from April 15.

Google CEO says AI model Gemini will be the company’s ‘biggest focus’ in 2025 | TechCrunch

TechCrunch · 8m ago

Google CEO says AI model Gemini will be the company’s ‘biggest focus’ in 2025 | TechCrunch

Google CEO Sundar Pichai emphasized the importance of 2025 as a pivotal year for the company during a strategy meeting. He highlighted the need for urgency and faster progress due to high stakes in the tech industry. With significant AI investments ongoing, Pichai acknowledged gaps in AI, specifically mentioning the Gemini app. He committed to making scaling Gemini on the consumer side Google’s top priority in 2025 to establish a leadership position in AI.

Cognizant to acquire Belcan for nearly Rs 10,861 cr to diversify operations

YourStory

YourStory · 1y ago

Cognizant to acquire Belcan for nearly Rs 10,861 cr to diversify operations

Cognizant has announced that it will acquire digital engineering firm Belcan, LLC for approximately $1.3 billion. The deal includes cash consideration of $1.19 billion and Cognizant shares worth $97 million. Belcan specializes in engineering research and development (ER&D) services, with a strong presence in the aerospace, defense, space, and marine sectors. Cognizant aims to expand its access to the ER&D industry and diversify its offerings by integrating Belcan's capabilities. The acquisition is expected to generate over $100 million in annual revenue synergies for Cognizant within three years.

EY is laying off U.S. partners amid tough economic conditions

Livemint

Livemint · 1y ago

EY is laying off U.S. partners amid tough economic conditions

In response to slowing demand and cost-cutting measures after a failed plan to break up the firm, Ernst & Young (EY) is reportedly laying off dozens of partners across all its U.S. businesses. The cuts primarily impact the advisory side of the operation, affecting over 10% of partners in consulting and around 4% in strategy and transactions. EY had already let go of 3,000 U.S. employees in April. Other accounting firms like KPMG and Deloitte have also reduced staff numbers amidst slowing revenue growth.

Walmart-backed Flipkart turns to videos and livestream to woo Indian online shoppers - The Economic Times

Economic Times

Economic Times · 2m ago

Walmart-backed Flipkart turns to videos and livestream to woo Indian online shoppers - The Economic Times

Flipkart, owned by Walmart, is leveraging social videos and livestreams to attract young Indian online shoppers. The strategy aims to outpace competitors like Amazon and Reliance in India’s massive e-retail market. With about 650 million smartphone users, over 270 million shop online, making India the second-largest e-retail market. Flipkart’s video engagement surged, with 200 million users in the first half of 2025. The platform plans to expand video content in various categories.

New-age life insurers tap group business opportunity in their first year of ops

Economic Times

Economic Times · 2m ago

New-age life insurers tap group business opportunity in their first year of ops

New-age life insurers like Acko, Go Digit, and CreditAccess, who received licenses in 2023, are focusing on group products to boost premium collections. Acko Life's premiums doubled to Rs 63 crore in fiscal 2025, Go Digit's reached Rs 1,068 crore, and CreditAccess reported Rs 193 crore. Their strategy involves employer-employee life covers, leveraging swift service setups, and gradually expanding to retail products. These companies aim for a balanced business mix while navigating challenges in trust-building and customer experience.

Trailblazing truckers: Women steer monster trucks in Tata Steel's drive for diversity

Money Control

Money Control · 1y ago

Trailblazing truckers: Women steer monster trucks in Tata Steel's drive for diversity

Payal Kumari is a young and petite woman who works as an operations assistant at Tata Steel's Noamundi iron ore mine in Jharkhand. She is one of 100 women hired by the company to drive and handle heavy earth-moving machinery (HEMM). Tata Steel launched its "Women @ Mines" initiative in 2019 to increase women's participation in the workforce. They have provided training and support to break down barriers and allow women to handle machinery previously considered too powerful for them. The company aims to achieve 25% diversity in its workforce by 2025.

Diversified R&D and generative AI key to future growth, says HCLTech's C Vijayakumar

Economic Times

Economic Times · 1y ago

Diversified R&D and generative AI key to future growth, says HCLTech's C Vijayakumar

The article discusses HCLTech's performance in the December quarter and their strategy for future growth. Despite the positive impact from the US Federal Reserve's rate-easing cycle, HCLTech CEO C Vijayakumar mentions that discretionary spending by US companies remains cautious. However, HCLTech aims to boost its top and bottom lines through deal conversions, a diversified R&D portfolio, and the rising demand for generative AI. The company has seen growth in its ER&D business across various industries and expects meaningful revenue from generative AI projects in the coming quarters.

Mindset, not size, limits small companies; AI is changing that: Paytm's Vijay Shekhar Sharma

YourStory

YourStory · 1m ago

Mindset, not size, limits small companies; AI is changing that: Paytm's Vijay Shekhar Sharma

Paytm CEO Vijay Shekhar Sharma, speaking at Shiprocket Shivir 2025, highlighted how artificial intelligence (AI) is empowering small businesses in India by enhancing their capabilities, traditionally limited by mindset rather than resources. AI is helping micro, small, and medium enterprises (MSMEs) overcome barriers to insights and operational efficiency, enabling them to scale faster. Sharma emphasized that AI acts like a business partner or CFO, bridging knowledge gaps and encouraging small businesses to think bigger and more expansively.

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