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News from Inshorts

Nautical Wings Aerospace raises funding from Venture Catalysts

Inshorts · 21h

Nautical Wings Aerospace raises funding from Venture Catalysts

Bengaluru-based Nautical Wings Aerospace has raised an undisclosed amount in a pre-Series A funding round led by Venture Catalysts and 1Crowd. Founded in 2020, Nautical Wings Aerospace specializes in delivering...

8

'No incentive to pay for ChatGPT subscription,' says X user, Musk responds

'No incentive to pay for ChatGPT subscription,' says X user, Musk responds

Elon Musk on Tuesday responded to an X user's post in which he listed reasons for cancelling his ChatGPT subscription. "No access to Sora...no voice...4.0 mini is free, there's simply no incentive to pay $20 pe...

2

Dunzo became ₹6,200-cr company from a WhatsApp group, now cash-strapped

Dunzo became ₹6,200-cr company from a WhatsApp group, now cash-strapped

Bengaluru-based grocery delivery platform Dunzo is now cash-strapped and has fired 75% of its workforce, leaving the company with just 50 employees. Once valued at ₹6,200 crore, Dunzo began as a WhatsApp group ...

20

5

'My startup got funded,' Bengaluru intern texts boss and quits; boss shares chat

'My startup got funded,' Bengaluru intern texts boss and quits; boss shares chat

Flexiple's CEO Karthik Sridharan shared a screenshot of the conversation he had with an intern who quit the company. "This only happens in Bangalore," Sridharan posted on X as he shared their chat. "I took a le...

7

IIM grad quits job to sell veggie powders; builds ₹1 cr biz

IIM grad quits job to sell veggie powders; builds ₹1 cr biz

Keerthi Priya, an MBA from IIM Calcutta, left her corporate career to launch Koh Foods in 2022. The brand sells healthy veggie powders and mixes to make urban eating 100% nutritious. After clocking Rs 20 lakhs ...

19

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Indore friends quit jobs and built ₹100 cr tech solutions startup

Indore friends quit jobs and built ₹100 cr tech solutions startup

In August 2016, Akash Joshi and Ankur Pathak founded IMAST in Indore. Specialising in tech solutions for distribution segments, the startup quickly attracted clients like Raymond, Ashok Leyland and Fujifilms. D...

10

4

Faced pregnancy issues due to toxic workplace: TikTok UK worker

Faced pregnancy issues due to toxic workplace: TikTok UK worker

A content moderator at TikTok has sued the company in UK over alleged disability discrimination and a toxic work environment that caused her stress and pregnancy complications. Olivia Anton Altamirano alleged s...

Every CEO and CTO must become Chief AI Officers: Kunal Shah

Every CEO and CTO must become Chief AI Officers: Kunal Shah

Entrepreneur Kunal Shah said every chief executive officer and chief technology officer of startups must think of becoming chief AI officers themselves. "We cannot keep looking for someone outside," Shah said a...

B'luru startups now like Kota coaching culture: Shantanu Deshpande

B'luru startups now like Kota coaching culture: Shantanu Deshpande

Bombay Shaving Company CEO Shantanu Deshpande said Bengaluru's startup ecosystem now reminds him of Kota's coaching culture. In a post, Deshpande said just like thousands enrol in Kota coaching institutes but o...

Medial Quiz

Which Indian B2B e-commerce startup was founded by Hari Menon?

• Udaan• Moglix• BigBasket• IndiaMart

56

SpaceX rocket falls into fire during landing, grounded by US FAA

SpaceX rocket falls into fire during landing, grounded by US FAA

A Falcon 9 rocket of Elon Musk-led SpaceX fell into flames during landing in US on Wednesday. After the incident, the Federal Aviation Administration (FAA) grounded the company's Falcon 9 rockets and ordered an...

6

1

Nvidia CEO Huang lists dishwasher, waiter as past work experience on LinkedIn

Inshorts · 10d

Nvidia CEO Huang lists dishwasher, waiter as past work experience on LinkedIn

Nvidia's billionaire Founder-CEO Jensen Huang has listed "Dishwasher, Busboy, Waiter" as past work experience on his LinkedIn profile. The 61-year-old, who is currently world's 12th richest person with $111 bil...

3

Got zero orders the day we launched Swiggy: CEO Sriharsha Majety

Inshorts · 10d

Got zero orders the day we launched Swiggy: CEO Sriharsha Majety

Swiggy Co-founder and CEO Sriharsha Majety revealed the company ended the day with zero orders when it was launched ten years ago. Majety said the company got its first-ever order on the second day of operation...

1

Temu founder Colin Huang loses China's richest person title in 18 days

Inshorts · 10d

Temu founder Colin Huang loses China's richest person title in 18 days

Colin Huang, founder of e-commerce major Temu's parent company PDD Holdings, lost the title of China's richest person within 18 days. Huang's net worth saw the biggest one-day loss after tumbling $14.1 billion ...

2

AuctionX transforms auctions industry with Web3 Platform

Inshorts · 11d

AuctionX transforms auctions industry with Web3 Platform

AuctionX is set to transform the auction landscape by deploying a decentralised infrastructure that streamlines and elevates the entire auction experience on a global scale. Leveraging blockchain technology, Au...

3

Harry Banga poised for 160x return on ‘angel’ Nykaa bet

Inshorts · 11d

Harry Banga poised for 160x return on ‘angel’ Nykaa bet

Billionaire Harindarpal Singh Banga is expected to make a staggering return of 160 times on an investment of $4 million in fashion and beauty platform Nykaa. Banga, also known as Harry, is the promoter of commo...

7

1

Swiggy ropes in Flipkart veteran to beef up Instamart leadership

Inshorts · 11d

Swiggy ropes in Flipkart veteran to beef up Instamart leadership

IPO-bound Swiggy is set to appoint Hari Kumar as chief business officer (CBO) of its quick commerce business Instamart starting September-end, three people familiar with the matter told The Arc. Kumar is set to...

3

₹11,000 cr wiped off Ola Electric's m-cap days after stock doubled investor wealth

Inshorts · 11d

₹11,000 cr wiped off Ola Electric's m-cap days after stock doubled investor wealth

Around ₹11,000 crore was erased from the market value of Ola Electric after its stock declined by 22% in the last five trading sessions. The stock has been on a downtrend since it doubled investors' wealth afte...

17

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2nd brain implant went well, patient can play video games: Neuralink

Inshorts · 15d

2nd brain implant went well, patient can play video games: Neuralink

Elon Musk's Neuralink said its second brain implant surgery in a human "went well". The patient, who suffers from a spinal cord injury, is able to use the chip to play video games like Counter-Strike 2 and desi...

14

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Medial Quiz

Which Indian food delivery startup acquired Uber Eats India in 2020?

• Swiggy• Zomato• FoodPanda• Dunzo

23

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