Industry Trends
Tiny tech, big AI power: what are 2-nanometre chips?
Tiny tech, big AI power: what are 2-nanometre chips?
Startup Funding
B2B seafood marketplace Captain Fresh pauses IPO plans after withdrawing DRHP
Global packaged seafood startup Captain Fresh has withdrawn its draft red herring prospectus (DRHP) filed with the Securities and Exchange Board of India (SEBI), citing the need to complete a material overseas acquisition before proceeding with its IPO. The Bengaluru-based company had been planning to raise Rs 1,700 crore through a fresh issue as part of its IPO. The DRHP had been filed via the confidential pre-filing route by its parent, Infifresh Foods Ltd, in August this year for a proposed $400 million listing. Ahead of the public issue, Captain Fresh had also raised Rs 250 crore in pre-IPO funding led by existing backers Accel, Prosus Ventures and Tiger Global, with participation from the family office of Swiggy cofounder Sriharsha Majety, India Equity Partners chairman Sid Khanna and the late Sunjay Kapur of Sona Comstar, among others. According to media reports, co-founder Utham Gowda said the company has temporarily paused its listing plans due to delays linked to regulatory...
Industry Trends
Ola Electric gets govt certification for the 4680 Bharat Cell-powered Roadster X+
Ola Electric said it has received government certification for its flagship electric motorcycle, the Roadster X+ (9.1 kWh), clearing the way for the company to begin deliveries of the model. The certification has been granted under the Central Motor Vehicle Rules (CMVR), 1989 by the International Centre for Automotive Technology (iCAT), Manesar, a government-authorised testing agency, the company informed stock exchanges. With this approval, Ola Electric said the Roadster X+ becomes India's first electric motorcycle to be certified with a completely in-house developed battery pack built on its 4680 Bharat Cell technology. The 9.1 kWh variant offers a claimed certified IDC range of up to 501 km per charge, positioning it as a long-range electric motorcycle aimed at reducing range anxiety and expanding EV adoption beyond metro markets into Tier 2 and Tier 3 regions, where charging infrastructure remains limited. The certification followed a comprehensive vehicle-level validation progr...
Hiring News
Subir Sinha (1967-2025): The HR professional who chose substance over spotlight
I spoke with Subir Sinha just two weeks ago. We talked for hours that evening, and he was hopeful—genuinely optimistic about his recovery. He told me about the projects he was working on, the startups he was helping, the people he was connecting. Even battling cancer, Subir was thinking about others. That was who he [...] The post Subir Sinha (1967-2025): The HR professional who chose substance over spotlight appeared first on HR Katha .
Layoffs / Restructuring
Blinkit CFO Vipin Kapooria resigns amid nationwide delivery partner protests: Report
Blinkit chief financial officer (CFO) Vipin Kapooria has reportedly resigned about 16 months after joining the quick-commerce firm, according to a PTI report . Kapooria joined Blinkit in September last year from Flipkart. He joined the Walmart-owned ecommerce company in 2015, left in 2018 for hospitality giant OYO, and returned in 2020 before moving to Blinkit. At OYO, he served as vice president for business finance. At Blinkit, Kapooria was the first full-time CFO in nearly two years. The role had been vacant since Amit Sachdeva , the company’s earlier CFO, exited in 2022 following Blinkit’s acquisition by Zomato, now rebranded as Eternal. Kapooria worked closely with Blinkit CEO Albinder Dhindsa and Eternal CFO Akshant Goyal. He joined Blinkit shortly before Eternal raised Rs 8,500 crore through a qualified institutional placement last year. Kapooria’s exit comes amid heightened competition in quick commerce. Blinkit is locked in a three-way battle with Zepto and Swiggy Instamart...
Hiring News
TCS pushes enterprise-wide AI skilling to build an AI-first workforce
Tata Consultancy Services (TCS) is accelerating its shift towards an AI-led operating model with the rollout of a structured, organisation-wide programme aimed at building practical artificial intelligence (AI) skills across its workforce. The initiative is designed to ensure that AI capabilities are not limited to specialised teams but become a core competency across roles, functions [...] The post TCS pushes enterprise-wide AI skilling to build an AI-first workforce appeared first on HR Katha .
Layoffs / Restructuring
Luminar Technologies plans 30% workforce reduction to cut costs
Luminar Technologies has announced a major cost-cutting initiative that includes reducing its global workforce by around 30 per cent. The decision forms part of a broader effort to rein in operating expenses as the lidar technology company works to stabilise its financial position amid mounting pressures. The workforce-reduction process has already begun and is expected [...] The post Luminar Technologies plans 30% workforce reduction to cut costs appeared first on HR Katha .