Amazon has opened its end-to-end logistics network, Amazon Transport Services, to third-party businesses, marking a significant shift in its strategy as it monetises its supply chain infrastructure beyond its own marketplace. The move allows any business to use Amazon’s logistics stack including freight, warehousing, fulfillment, and last-mile delivery even if they do not sell on the platform. In effect, Amazon is positioning its logistics capabilities as a standalone service offering, similar to how it scaled Amazon Web Services from internal infrastructure into a global business. This expansion puts Amazon in direct competition with global logistics players such as FedEx and…
Author: Adarsh Kumar
Cashback and affiliate commerce platform CashKaro reported a strong financial performance in FY26, with revenue rising 72% year-on-year to ₹600 crore, up from ₹348 crore in FY25. The company, along with its sister platform EarnKaro, facilitated over ₹10,000 crore in gross merchandise value (GMV) for partner brands during the year, compared to ₹6,000 crore in the previous fiscal, highlighting strong traction in affiliate-led commerce. Despite continued investments in technology and ecosystem expansion, CashKaro managed to improve its profitability metrics. Its EBITDA loss narrowed to ₹17.7 crore in FY26, down from ₹29.2 crore in FY25, reflecting better unit economics and operating…
API driven telephony infrastructure startup Vobiz.ai has raised $1 million in a seed funding round led by Piper Serica VC Fund, as it looks to build a next generation communication layer for AI-powered voice applications. The company said the fresh capital will be used to strengthen its engineering capabilities and scale go-to-market efforts, as demand for AI-native communication infrastructure continues to rise. Founded in 2025 by Suman Gandham and Vikash Srivastava, Vobiz.ai is building low latency, secure voice infrastructure designed specifically for AI voice agents. The platform aims to address key limitations of traditional telephony systems, which often struggle with…
Biocon founder and chairperson Kiran Mazumdar Shaw has outlined a gradual leadership transition plan, naming her niece Claire Mazumdar as her successor, with a phased handover expected over the next five years. Mazumdar Shaw clarified that she does not plan an immediate exit but intends to oversee a structured transition, where Claire will move step-by-step from a board level role to vice-chair and eventually chairperson. Claire Mazumdar currently serves as the founding CEO of Bicara Therapeutics, an oncology focused biotech firm incubated with early backing from Mazumdar Shaw. Her experience spans biotech strategy, company building, and partnerships, having previously worked…
Instagram has expanded its original content policy to include photos and carousel posts, extending rules that were earlier limited to reels, as the platform sharpens its focus on promoting authentic creators. The update means that creators producing original photos, videos, and edited content reflecting their own perspective are more likely to receive greater visibility in recommendations. On the other hand, content that is reposted without meaningful changes may see reduced reach and could become ineligible for discovery among users who do not already follow the account. Instagram clarified that creators can still use third-party material, such as memes or trending…
Indian investments in the United States have reached approximately $16.4 billion, supporting around 70,800 jobs, according to a senior US official, highlighting the growing economic ties between the two countries. Speaking at a CII India Reception on the sidelines of the SelectUSA Investment Summit in Maryland, Brandon Remington, Deputy Undersecretary at the US Department of Commerce, said Indian companies are playing an increasingly important role in the US economy. He noted that Indian firms have also contributed about $330 million in research and development (R&D) spending and generated around $1.5 billion in exports, reflecting a broader impact beyond direct investments.…
New Delhi | March 2026 For millions of Indians stepping into the world of investing, the journey often begins with uncertainty and sometimes, costly mistakes. For Deshna Jain, that experience wasn’t just frustrating; it became the foundation for building a solution. MyFinPortfolio, her fintech venture, is designed to address one of India’s most overlooked gaps: access to unbiased, affordable investment advice. A Personal Problem, A National Gap Deshna’s entry into investing mirrors that of many young professionals. With steady income and ambition, she sought financial advice only to realise that most recommendations were driven by commissions rather than client outcomes.…
Healthy food brand Epigamia has appointed Ritesh Gauba as Chief Executive Officer, while elevating Ankur Goel to the role of co-founder and Chief Operating Officer, marking a key leadership transition for the company. Goel had been serving as the acting head of the company since December 2024, following the demise of co-founder Rohan Mirchandani. During this period, he worked alongside co-founder Uday Thakker and growth head Ajinkya Poundrik to steer the company’s operations. The leadership reshuffle comes after a strong growth phase for Epigamia, which reported over 50% revenue growth in FY26, along with improved profitability, indicating strengthening fundamentals in…
Dream Sports, the parent company of Dream11, has officially launched DreamStreet, an AI-powered stockbroking platform aimed at simplifying investing for India’s growing base of retail investors. The platform is designed primarily for first time investors, offering a simplified interface backed by AI-led insights and expert recommendations. At launch, DreamStreet enables users to invest in stocks and exchange-traded funds (ETFs), with plans to introduce futures and options (F&O) and IPO investments in the near term. A key feature of the platform is its AI assistant, “Veda,” which provides users with real time insights, portfolio guidance, and market analysis. The platform also…
Bengaluru based real estate developer Sobha Limited reported a strong performance in the March quarter of FY26, with net profit rising 125% year-on-year to ₹91.83 crore, compared to ₹40.4 crore in Q4 FY25. The company’s revenue from operations grew 59.8% to ₹2,300 crore during the quarter, driven by sustained demand for premium housing and strong execution across key markets. For the full financial year FY26, Sobha recorded a 30% increase in sales value to ₹8,135 crore, up from ₹6,276 crore in FY25. The company clocked ₹2,039 crore in sales value in Q4 FY26, reflecting steady momentum. Collections during the quarter…