Table Space Goes For IPO, But Its Growth Story Has A Catch

Source: inc42

Table Space Goes For IPO, But Its Growth Story Has A Catch

Business

Bengaluru-based Table Space has filed for an IPO, proposing a fresh issue of up to ₹800 crore and an offer for sale of 6.55 crore shares. The company plans to use ₹550 crore to repay borrowings. While Table Space boasts significant scale and operating profitability, it faces risks from high client concentration among large enterprises and continues to report net losses despite strong revenue growth.

Read Full Story

Define who you want to become before taking action

Startups

Drawing on the wisdom of Epictetus, this article emphasizes that personal growth begins with a clear vision of the person one aspires to become. By prioritizing identity over mere goals, individuals can align their daily actions with their core values, making discipline more sustainable. True transformation occurs through consistent, small choices and patience, ensuring that success is authentic and purposeful rather than driven by societal expectations.

Read Full Story

Astrotalk’s Unicorn Leap, Shiprocket IPO Day 1 & More

Business

AstroTalk has become India’s 133rd unicorn following an ESOP buyback valuing the platform at $1 billion. The spiritual tech startup is expanding into offline retail and international markets. Other industry news includes Shiprocket’s 97% IPO subscription, Yulu raising $93 million for electric mobility, and Lenskart’s 273% profit surge. Additionally, AI firm Cursor is opening its first Indian office, while SwishX scales its pharma AI solutions.

Read Full Story

The real test for AI agents is resolution

Startups

"AI agents are transforming Indian customer service by shifting the focus from response speed to issue resolution. To achieve this, businesses must prioritize context continuity to eliminate data fragmentation, implement continuous learning through real-time feedback loops, and establish strict governance guardrails. By integrating these elements, organizations can ensure consistent, trustworthy outcomes that move beyond templated replies to build stronger, long-term customer relationships and drive revenue.".

Read Full Story

Namakkal to Bombay House: Journey of Tata Sons Chairman Chandra; What Milky Mist’s IPO reveals

Startups

Tata Sons chairman N. Chandrasekaran is stepping down due to board disagreements, triggering a slide in Tata Group shares. Meanwhile, Yulu raised $93 million in Series C funding, and Ola Electric secured a revised PLI window for incentives. Milky Mist's IPO saw strong subscription, while Meta faces a trial regarding child addiction. Additionally, Goldman Sachs is acquiring Neos Investments for $2.25 billion to strengthen its asset management presence.

Read Full Story

Some Claude users are mad that Anthropic’s new watermarks will catch them cheating at their jobs, classes

Startups

"Anthropic has introduced invisible watermarking for Claude’s outputs to comply with the EU AI Act’s Transparency Code, which requires labeling AI-generated content. While some users on Reddit have criticized the move as unethical or draconian, arguing it penalizes legitimate tool usage, others support the policy. Proponents believe watermarking is a sensible measure to ensure transparency and prevent the deceptive use of AI-generated material.".

Read Full Story

AI nuclear power firm Fermi finally has a new CEO

Startups

AI nuclear power firm Fermi has appointed Lee McIntire as its new CEO, filling a vacancy left by co-founder Toby Neugebauer. McIntire, a former executive at TerraPower and CH2M Hill, will lead the company's Project Matador, an AI campus in Texas powered by nuclear reactors. This appointment and a new lease agreement with TensorWave have boosted Fermi's stock by nearly 23% as the firm enters its construction phase.

Read Full Story

SEBI Issues Show Cause Notice To Paytm Over 2023 Disclosure

Business

"SEBI has issued a show cause notice to Paytm's key managerial personnel regarding alleged violations of disclosure norms. The regulator is investigating the timing of a December 2023 announcement about scaling down small-ticket loans and whether the information was handled as unpublished price sensitive information. Paytm plans to respond within two weeks, stating the matter has no financial impact despite previous stock volatility following the disclosure.".

Read Full Story

Northrop’s robot space mechanic is a new way to keep satellites at work longer

Startups

Northrop Grumman is evolving its satellite life-extension services. After using Mission Extension Vehicles to maintain satellites like Optus, the company is deploying a Mission Robotic Vehicle and Mission Extension Pods. Developed with DARPA, the MRV uses robotic arms to attach propulsion pods to satellites, extending their operational life. This shift toward sustainable space infrastructure aims to reduce waste by repairing and upgrading expensive orbital assets.

Read Full Story

Amazon will train on Twitch streamers’ content by default, unless they opt out

Startups

Twitch, owned by Amazon, is now utilizing creator content to train generative AI models, sparking significant backlash from its community. Users are opted in by default and must manually disable the setting to prevent their audio and video from being used. Twitch executives admitted that an opt-in system would be ineffective, while some creators remain concerned about whether their data was already used without their prior knowledge.

Read Full Story

5.1 Lakh Complaints Filed Against Ecommerce Platforms In 2025: Govt

Business

The Indian government informed Parliament that over 5.1 lakh complaints were filed against e-commerce and quick commerce platforms on the National Consumer Helpline in 2025, a 14% increase from 2024. Flipkart, Amazon, and Meesho faced the most grievances, primarily regarding non-delivery and defective products. The helpline facilitated ₹91 crore in refunds, while the CCPA penalized 47 platforms ₹1.1 crore amid ongoing food safety crackdowns on quick commerce.

Read Full Story

Grubhub’s $24M FTC settlement is finally reaching diners and drivers

Startups

The FTC is distributing $23.8 million to over 640,000 Grubhub drivers and customers following allegations of deceptive business practices. The settlement addresses claims that Grubhub misled workers about earnings, listed unaffiliated restaurants to inflate its platform size, and restricted customer account access. As part of the agreement, Grubhub must improve advertising accuracy and obtain restaurant consent before listing. This follows a separate $25 million settlement for California drivers.

Read Full Story

AI coding startup Cognition reportedly already in talks to raise at $40B valuation

Startups

Cognition, the creator of AI coding agent Devin, is seeking a new funding round that could push its valuation to at least $40 billion. This follows a $26 billion valuation in May. The company reports strong enterprise growth and a previous annualized revenue run rate of $492 million. Devin focuses on automating tedious programming tasks for clients like NASA and Goldman Sachs rather than replacing human developers.

Read Full Story

As AI safety concerns mount, three pioneers make the case for staying open

Startups

At the Ai4 conference, AI researchers Geoffrey Hinton, Fei-Fei Li, and Andrew Ng debated the merits of open-source AI. Andrew Ng emphasized openness to avoid corporate gatekeeping and maintain global competitiveness. Geoffrey Hinton warned about the risks of open-weight models but acknowledged their permanence. Fei-Fei Li advocated for a nuanced balance between open and closed systems. All three agreed that regulation is essential for safe development.

Read Full Story

OpenAI-backed Thrive Holdings raises $2B to bring AI to the enterprise

Startups

Thrive Holdings has raised $2 billion at a $12 billion valuation from investors including SoftBank to expand its AI-driven private equity model. A spinout of Thrive Capital with backing from OpenAI, the firm acquires traditional businesses to implement AI workflows. Having already scaled accounting and IT platforms, Thrive now plans to launch a third vertical focused on regulatory services for critical physical infrastructure and built environments.

Read Full Story

AstroTalk turns unicorn via ESOP buyback

Startups

Spiritual-tech startup AstroTalk has achieved unicorn status with a $1 billion valuation, driven by an ESOP buyback funded through business profits. Founded in 2017, the company expanded from astrology consultations into spiritual commerce. In FY25, AstroTalk reported revenue of Rs 1,176 crore and a profit before tax of Rs 285 crore. This valuation marks a significant increase from its $300 million valuation reported in 2024.

Read Full Story

Yatra’s Q1 Profit Crashes 98% YoY To ₹34 Lakhs

Business

Online travel aggregator Yatra reported a significant drop in consolidated net profit for Q1 FY27, plummeting 97.9% to ₹34 Lakhs from ₹16 Cr in the previous year's quarter. This decline was driven by a 10.4% decrease in operational revenue, which fell to ₹187.9 Cr from ₹209.8 Cr. Total income reached ₹192 Cr, while total expenses decreased slightly by 3.6% to ₹191.3 Cr during the period.

Read Full Story

Uber Freight reportedly investigating after hacking group claims data breach

Startups

The Helix hacking group claimed responsibility for a data breach at Uber Freight, stealing mailboxes, cloud storage, and dispatch documents. Uber Freight stated that business operations remain unaffected. The hackers, part of the UNC6671 collective, typically use voice phishing to gain system access. Google reports that Helix has collected over $10.6 million in ransoms this year by targeting transportation and financial firms through social engineering tactics.

Read Full Story

Mesh, Automattic’s CRM for everyone, comes to Android

Startups

Automattic's personal CRM, Mesh, has launched on Android, offering network visualization and contact management tools. The app supports platform-specific features like split-screen views and widgets, with real-time synchronization across devices. Mesh integrates with the Beeper messaging app and introduces Nexus AI to help users navigate large networks. Supported by subscriptions, the service prioritizes privacy and targets both business executives and individual consumers via Google Play.

Read Full Story

Why Stream ring-maker Sandbar says the future of AI wearables is voice

Startups

AI notetaking hardware is evolving from pendants and pins to wearables like rings. Sandbar, the startup behind the private voice ring Stream, has raised $36 million, including a $23 million Series A led by Adjacent and Kindred Ventures. In a TechCrunch Equity podcast, CEO Mina Fahmi discussed the challenges of previous voice devices and his belief that prioritizing human control is essential for the success of wearable technology.

Read Full Story

Categories