Apple Inc., historically known for its leadership stability, is experiencing one of its most significant executive shake-ups in decades. In an unexpected string of departures, the tech giant has seen the exit of key leaders and engineers, raising concerns about continuity across critical divisions, especially artificial intelligence and hardware technologies. Within the past week, Apple’s heads of artificial intelligence and interface design resigned from the company. Shortly after, Apple announced the departure of its general counsel and head of governmental affairs both top-level executives who reported directly to CEO Tim Cook. This level of turnover within Apple’s senior leadership marks…
Author: Adarsh Kumar
StockGro, the Bengaluru-based social investment and stock market advisory platform, is in advanced discussions to secure additional funding from Boston-based Valiant Capital Management, according to two sources familiar with the development. The investment is expected to be part of the company’s ongoing Series B round, signalling growing institutional confidence in India’s rapidly evolving retail investing ecosystem. The potential infusion follows StockGro’s recent $17 million Series B investment from Mukul Agarwal’s Param Capital, a development first reported by Entrackr through filings sourced from the Registrar of Companies. Queries sent to founder and CEO Ajay Lakhotia remain unanswered, and Valiant Capital has…
Eternal Ltd, the parent company of Zomato and Blinkit, witnessed significant market activity on Monday as 5.3 crore shares, representing 0.54% of its equity, changed hands through a major block deal. The shares were traded at ₹290.4 apiece, valuing the transaction at approximately ₹1,535 crore, according to exchange data. Despite opening strong with a 1.7% rise to the intraday high of ₹297.35, Eternal’s stock later slipped 4% to a low of ₹285.75. So far in 2025, the stock has gained 7.32%, but it remains down nearly 5% over the past year, reflecting volatility amid large institutional movements. Over the past…
Groww has received approval from the Securities and Exchange Board of India (SEBI) to operate as an Online Bond Platform Provider (OBPP), marking a strategic expansion of its product suite. The licence enables the investment platform to distribute listed corporate bonds directly to retail investors, strengthening its presence in India’s rapidly growing fixed-income market. With this approval, Groww can now list, distribute and facilitate transactions in corporate bonds through its app, allowing millions of users to diversify beyond equities and mutual funds. The move aligns with the rising demand for predictable return instruments, especially among new retail investors looking for…
Mamaearth, founded in 2016 by Ghazal and Varun Alagh, started with one simple mission to create safe, toxin free products for babies. As new parents, they struggled to find chemical free options in India’s market filled with parabens, sulfates, and harmful ingredients. This personal problem led to the birth of India’s first MadeSafe certified brand, offering natural and dermatologically tested baby care products. The brand quickly won trust and loyalty from parents across India. Rapid Growth Through Digital Marketing & Viral Products What began as a baby care brand soon expanded into skincare, haircare, and beauty. Mamaearth launched hero products…
The Indian startup ecosystem witnessed a dynamic week, securing $133 Mn in funding across sectors such as EV, consumer brands, fintech, and AI. The surge in capital inflow was complemented by major developments in venture capital fundraising and robust IPO activity, highlighting investor confidence despite global macro uncertainties. Among the top updates, Nexus Venture Partners closed its $700 Mn Fund VIII, aimed at backing early stage startups in AI, enterprise tech, fintech, and consumer services. Adding to the momentum, Aakrit Vaish, former Haptik cofounder, joined ex Together Fund partner Pratyush Choudhary to launch Activate, an AI-focused VC fund targeting early…
The Reserve Bank of India (RBI) delivered a policy surprise on Friday by cutting the repo rate by 25 basis points to 5.25 percent, while maintaining a neutral stance. Despite expectations of status quo, the central bank leveraged softening inflation to extend monetary support. Alongside the rate cut, the RBI also moved proactively on the liquidity front, announcing ₹1 trillion of OMO purchases and a $5 billion buy sell swap, aimed at improving transmission and supporting financial conditions. A key highlight of the policy was the central bank’s dovish inflation outlook. With headline CPI inflation dropping to 0.25 percent in…
Aman Gupta, the co-founder and CMO of boAt Lifestyle, is one of India’s most iconic entrepreneurs. His rise from a middle class Delhi boy to building one of the country’s most loved consumer electronics brands has inspired millions. Today, boAt dominates the audio and wearables market, standing strong against global giants like Apple, Samsung, JBL, and Sony. But Aman’s journey is proof that success never comes without struggle, risks, and relentless determination. Academic Hustle and Early Career Struggles Aman wasn’t always the confident business leader we see today on Shark Tank India. He started as a commerce student, went to…
Quick commerce major Zepto has formally converted into a public limited company, marking a significant milestone in its journey toward a planned initial public offering (IPO) in 2026. The corporate restructuring, revealed through recent regulatory filings, positions the company to meet compliance requirements ahead of its public market debut. The development comes months after reports indicated that Zepto had appointed top tier investment banks including Goldman Sachs, Morgan Stanley, and JM Financial to lead its listing preparations. According to people familiar with the matter, the company aims to raise around $500 million (₹4,500 crore) through the IPO, which is expected…
Elon Musk’s SpaceX is reportedly preparing a new insider share sale that could value the space and satellite giant at $750 billion to $800 billion, according to people familiar with internal discussions. If finalized, this valuation would surpass OpenAI’s $500 billion record, making SpaceX the world’s most valuable privately held company once again. The details were reviewed by the company’s board of directors during a meeting at Starbase, Texas, with final numbers dependent on seller interest and broader market conditions. One source noted that the share price under consideration exceeds $400 per share, a significant jump from the $212 per…