Author: Shashank Prakash

The IndiaAI Mission, under the ministry of electronics and information technology, on Thursday announced that 10 homegrown AI startups have been selected for the IndiaAI Startups Global Initiative, an international acceleration programme in partnership with startup incubator Station F, Paris and business school HEC Paris. The partnership between the IndiaAI Mission, Station F and HEC Paris opens up a new chapter in India’s “innovation diplomacy”, said Ashwini Vaishnaw, union minister for electronics and IT. “India’s AI ecosystem is now on the… Source link Read More-Stay tuned — StartupByDoc will be bringing you exclusive updates 

FSN E-Commerce Ventures, the parent of Nykaa, posted a sharp improvement in profit and operating performance in the fourth quarter and full year ended March 2025, supported by robust growth across its beauty verticals, improved margins, and a continued shift toward owned and premium brands. The Mumbai-based company reported a 110% increase in net profit in the March quarter to Rs 19 crore, while revenue from operations grew 24% year-on-year to Rs 2,062 crore. For the full fiscal year, net profit rose 81% to Rs 72 crore, with annual revenue climbing 24% to Rs 7,950 crore. Nykaa’s earnings before interest,…

Shahmir Khan & Chirag Thakker Join Forces for Stealth Fintech Revolution In a groundbreaking move set to shake up both the entertainment and fintech industries, television sensation Shahmir Khan has joined forces with startup strategist and Alpha Seed Network founder Chirag Thakker to launch one of the most confidential and potentially disruptive ventures of the year. While the startup’s product remains cloaked in secrecy, insiders confirm that it’s a digital-first fintech platform aimed at transforming how Indians engage with financial assets — possibly a major play in the emerging digital wealth and asset democratization space. From Fame to Fintech: Why…

Bhavish Aggarwal-led Ola Electric reported a net loss of Rs 870 crore for the quarter ended March 2025, more than double the Rs 416 crore loss it posted a year earlier, as India’s largest electric two-wheeler maker grappled with weakening demand, inventory shifts and execution bottlenecks. Revenue from operations plunged 62% year-on-year to Rs 611 crore in Q4 FY25, down from Rs 1,598 crore in the same period last year. Vehicle registrations fell 52% year-on-year to 56,760 units during the quarter, while internal delivery estimates were lower still, at 51,375 units, suggesting a buildup in unsold inventory. The company’s auto segment EBITDA…

AI Just Replaced HR: IBM Cuts 8,000 Jobs — But India’s Startup Scene Is on Fire May 30, 2025 | By StartupByDoc Team In the past 24 hours, the global corporate world was shaken to its core, while India’s startup ecosystem surged ahead with bold moves and billion-dollar ambitions. IBM has laid off 8,000 employees, hitting HR departments the hardest. Why? AI is taking over. Recruitment, onboarding, and internal communications — all being automated at scale. What was once “the future” is now here — and it’s displacing white-collar workers fast. But while global giants restructure, Indian startups are thriving.…

Written by a fellow dreamer at StartupByDoc As a writer, I’ve had the privilege of documenting many journeys — but some stories stay with you long after the words are written. Spandana’s story is one of them. A story of courage, clarity, and quiet determination. A story that many young Indians dreaming of studying abroad will deeply connect with. The Beginning of a DreamSpandana comes from a solid finance background in India. After working at Wells Fargo, she chose to step out of her comfort zone and pursue a Master’s in Management at NEOMA Business School in France. Like many…

GydeXP, an AI-powered experiential travel platform, has raised an undisclosed amount in a pre-seed funding round from Rukam Sitara, an Indian early-stage venture capital fund. The round values the startup at Rs 15 crore. Built with a vision of connecting travellers with local guides to ensure authentic personalised and safe adventures, GydeXP is tackling three deep-rooted travel challenges fragmented planning, superficial connections, and post-trip memory loss. The platform integrates cutting-edge AI (branded as Travel Studio), creator-led trip curation, and seamless memory capture into a single app experience. Purpose of fundraising The startup will use the raised funds to enhance its…

In a significant funding development for India’s booming D2C fashion sector, Bengaluru-based menswear brand Snitch has raised approximately ₹278.93 Cr (~$33 Mn) in a Series B round. The fundraise is led by 360 Asset Management Fund, with continued support from existing investors IvyCap Ventures and SWC Global. The capital infusion was confirmed via a recent MCA filing, which revealed that Snitch’s board passed a special resolution on May 27, 2025, to issue 1,755 Series B CCPS (Compulsory Convertible Preference Shares). Each share carries a face value of ₹10 and a hefty premium of ₹15.89 Lakh per share, allocated through a…

Megha Sarayan, a 26-year-old entrepreneur from Kolkata, never imagined she’d end up building one of the city’s most loved bakery brands. Raised in a middle-class family where business was never part of the plan, Megha’s journey began unexpectedly after she attended a bakery workshop in 2018. Inspired, she started baking from home, and her cakes were an instant hit. With just ₹5,000 in hand, she listed her creations on Zomato under the name Land of Cakes. What began as a small home bakery quickly gained momentum—especially during the COVID-19 pandemic, when demand for online orders soared. Megha scaled the business…

The Unsung Heroes of India’s Startup Movement: By StartupByDoc In the rapidly growing world of Indian entrepreneurship, some of the most impactfulchangemakers aren’t CEOs or investors ,they’re students. And at the forefront of this silentrevolution are the Campus Ambassadors of E-Cell, IIT Bombay.Far beyond just a title, becoming a Campus Ambassador here means becoming theentrepreneurial heartbeat of your college. It’s about lighting the spark of innovation inclassrooms, organizing events that build real-world skills, and creating a thriving startupculture right where you are. But what truly sets E-Cell, IIT Bombay’s program apart?It’s student-driven, impactful, and insanely well-structured. As a Campus Ambassador,…