Meta Platforms has announced a $27 billion financing agreement with Blue Owl Capital to build its largest data center globally in Richland Parish, Louisiana. Named “Hyperion,” the facility is designed to provide over 2 gigawatts of compute power, supporting AI workloads such as large language model training for tools like ChatGPT and Google Gemini. The deal is Meta’s largest private capital arrangement to date. Under the agreement, Meta will retain roughly 20% equity in the project, while Blue Owl Capital manages the majority through its funds. Blue Owl has contributed $7 billion in cash to the joint venture, with Meta…
Author: Aman Atulya
OpenAI has officially launched ChatGPT Atlas, its first-ever web browser powered by generative AI, aiming to revolutionize the way people browse, search, and interact online. The launch marks OpenAI’s direct challenge to Google Chrome, which currently dominates over 70% of the browser market. Reimagining the Browsing ExperienceChatGPT Atlas integrates the power of the world’s most advanced AI directly into the browsing interface. Users can chat, ask questions, summarize pages, or perform complex tasks all in real time. CEO Sam Altman described Atlas as “a complete rethinking of what a browser can do,” emphasizing how it turns passive browsing into an…
Ola Electric Mobility Limited has issued an official response following media reports and police proceedings linking its CEO, Bhavish Aggarwal, and senior official Subrat Kumar Dash to the death of employee K Aravind, who died by suicide in Bengaluru last month. According to reports, the Bengaluru police registered a case on October 6, 2025, after Aravind’s brother filed a complaint alleging workplace harassment and financial irregularities. The complaint referenced a 28-page handwritten note recovered from Aravind’s residence, which reportedly detailed stress and non-payment of dues. Aravind, a 38-year-old engineer in Ola Electric’s homologation department since 2022, consumed poison on September…
Shadowfax, one of India’s leading logistics startups, has received approval from the Securities and Exchange Board of India (SEBI) to launch its ₹2,500 crore initial public offering (IPO). The IPO will consist of a fresh issue of equity shares along with an offer for sale (OFS) by existing shareholders, including Flipkart, Eight Roads Ventures, and NGP Capital. The regulatory approval follows nearly three months after Shadowfax filed its Draft Red Herring Prospectus (DRHP) through the confidential route. The company is reportedly eyeing a post-issue valuation of around ₹8,500 crore, up from its last valuation of ₹5,981 crore ($712 million) after…
MyOrl-Care, a pioneering oral healthcare startup founded by Dr. Snehal Dhatrak, is setting new benchmarks in India’s dental innovation landscape. With a vision to make professional-grade oral hygiene accessible in every home, the company has introduced a breakthrough in oral care technology—one that hasn’t been seen in the toothbrush industry for over two centuries. The Spark Behind the InnovationAfter 12 years of dental practice and treating over 5,000 patients, Dr. Dhatrak noticed a recurring pattern gum diseases, dental decay, and bad breath were rampant, especially in the post-COVID era. Most of these issues, she realized, could have been prevented with…
On the occasion of World Food Day, India’s fast-growing fitness and nutrition brand BeastLife announced a meaningful initiative to fight child hunger. The company has partnered with the Annamrita Foundation to provide a mid-day meal to a child for every order placed on its website, beginning October 16. The collaboration was officially launched in Mumbai, marking the signing of a Memorandum of Understanding (MoU) between BeastLife and Annamrita Foundation. The partnership underscores BeastLife’s vision of promoting wellness that extends beyond fitness, focusing on holistic community health. Founded by Gaurav Taneja and Raj Vikram Gupta, BeastLife has built a strong following…
Renowned diamond merchant and global luxury entrepreneur Golubhai Badalia, known for redefining India’s diamond and jewellery landscape, is charting a new course into investment and entertainment with the upcoming reality show “Pitch To Get Rich”, launched by the Fashion Entrepreneur Fund (FEF). With over two decades of international experience and recognition as a 40 Under 40 achiever, Mr. Badalia has built Golubhai Badalia Diamonds into a symbol of craftsmanship, innovation, and timeless luxury. His global acclaim stems from his mastery in diamond grading, sourcing, and design shaping the brand into a powerhouse of modern elegance. Beyond his legacy in fine…
HooLiv, a student co-living platform, has raised Rs 24 crore ($2.73 million) in a pre-Series A funding round led by Negen Capital, with participation from institutional investors, family offices, and angel investors. This marks a significant step in HooLiv’s expansion plans, building on its previous undisclosed funding from Kotle-Patil Developers in February 2020. The funding will support HooLiv’s growth in non-metro cities, including new bed acquisitions, brand-building initiatives, and enhancements to its property management platform. The company also plans to explore international replication of its business model to tap into global student housing markets. Founded by Chinmoy Mishra, Rasmi Mishra,…
Eternal, the parent company of Zomato, Blinkit, and District, shared its Q2 FY2026 financial highlights, reporting robust growth across its B2C businesses. The update, shared by CEO Deepinder Goyal, reflects the company’s focus on scaling operations and profitability while expanding its presence domestically and internationally. Financial PerformanceConsolidated Adjusted Revenue surged 172% year-on-year (YoY) and 85% quarter-on-quarter (QoQ) to INR 13,968 crore, while Adjusted EBITDA reached INR 224 crore, up 30% QoQ. The consolidated Net Order Value (NOV) of the B2C businesses — Zomato, Blinkit, and District — grew 57% YoY (15% QoQ) to INR 23,164 crore, highlighting sustained traction across…
Knya, India’s leading medical apparel brand, has unveiled the Drift Jacket, the country’s first scrub-ready winter jacket designed exclusively for healthcare professionals. Created to deliver warmth and comfort during long, cold hospital shifts, the jacket fits effortlessly over scrubs without restricting movement addressing a gap long overlooked in Indian medical wear. The Drift Jacket is available in Black, offering a timeless and professional look that complements Knya’s scrub range. It features a high-rise collar, six functional pockets, and a lightweight full-sleeve design that ensures both comfort and utility for doctors, nurses, and hospital staff. Its ergonomic structure accommodates essential tools…