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Startup and business news: launches, pivots, founders, fintech, commerce and the markets they operate in.

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Business

Fujifilm to raise data tape production fivefold as AI drives storage demand

Fujifilm will invest about ¥10bn (€56m) to raise magnetic data tape production fivefold as AI drives demand for archiving.

Tarun Mottlia

Oct 29, 2026

2 min
Business

Fintech Startups To Watch: Startups That Caught Our Eye In October

India’s fintech ecosystem is seeing startups tackle gaps in debt management, wealthtech, global investing and invoice financing.

Tarun Mottlia

Oct 29, 2026

8 min
Business

HR leaders report low effectiveness in employee listening programs, Remesh survey finds

A Remesh survey of 107 HR leaders reveals that while most organizations have employee listening programs, only 18% consider them very effective.

Tarun Mottlia

Oct 29, 2026

2 min
Business

Moms Home hits ₹10 Cr quick commerce revenue in FY26, raises ₹5 Cr Pre-Series A

Jaipur-based baby essentials brand Moms Home grew quick commerce revenue to ₹10 Cr in FY26, raising ₹5 Cr in Pre-Series A funding from Mistry Ventures.

Tarun Mottlia

Oct 29, 2026

2 min
Business

Amazon Leo acquires Globalstar for $11.5bn with FCC approval

The FCC approved Amazon Leo’s $11.5bn acquisition of Globalstar, enabling direct-to-device satellite broadband and Apple’s emergency services for iPhone…

Tarun Mottlia

Oct 29, 2026

3 min
Business

Jio Platforms lists at $107 billion valuation, overtakes Bharti Airtel as top telecom firm

Jio Platforms debuted on the Bombay Stock Exchange at a $107 billion valuation, listing at a 21% premium over its IPO issue price.

Tarun Mottlia

Oct 29, 2026

4 min
Business

Fortinet shares plunge 26% on growth slowdown despite strong earnings

Fortinet Inc. reported better-than-expected Q3 earnings but saw shares fall 26% in after-hours trading due to slower revenue growth.

Tarun Mottlia

Oct 29, 2026

3 min
Business

Matthew Lillard hints at original role in Man of Tomorrow; Serpentine thriller announced

Updates on entertainment projects: Matthew Lillard hints at an original role in Man of Tomorrow.

Tarun Mottlia

Oct 29, 2026

3 min
Business

Amazon tells employees to stop tokenmaxxing, calls AI overuse "deeply flawed"

Amazon urges employees to stop indiscriminate AI usage, citing cost and complexity risks, and now rewards workers for identifying unhelpful AI workflows.

Tarun Mottlia

Oct 29, 2026

3 min
Business

L&T reports 33% profit growth in Q2, order inflows rise 28% to ₹1.48 trillion

Larsen & Toubro reported a 33% rise in Q2 profit and a 28% increase in order inflows to ₹1.48 trillion, driven by strong international demand and a record…

Tarun Mottlia

Oct 29, 2026

5 min
Business

TVS family dispute escalates with eight caveats filed as succession talks stall

Mallika Srinivasan and Lakshmi Venu seek amicable resolution amid legal actions over TVS Group ownership division. Eight caveats filed in Chennai courts.

Tarun Mottlia

Oct 29, 2026

3 min
Business

Oracle targets $30B free cash flow by 2029, caps $20B fundraising amid credit downgrade

Oracle aims for $30 billion in free cash flow by May 2029, reversing negative projections, while capping $20B in new fundraising.

Tarun Mottlia

Oct 29, 2026

3 min
Business

SaaS company grew revenue 33% but lost 22% in enterprise value—why multiples matter

A Crunchbase News analysis explains how multiple compression can reduce enterprise value despite revenue growth, and what it means for SaaS founders and M&A…

Tarun Mottlia

Oct 29, 2026

4 min
Business

UK Budget 2026: £100 energy payment funded by bank tax rise, minimum wage to increase 3.9%

UK Chancellor John Healey’s 2026 Budget introduces a £100 energy payment, 6% tax on bank profits, 3.9% minimum wage increase, and deferred defence spending…

Tarun Mottlia

Oct 29, 2026

4 min
Business

Apple promotes Rajesh Ambati to Vice-President of Engineering in leadership overhaul

Apple elevates Indian-origin engineer Rajesh Ambati to Vice-President of Engineering as part of October 2026 leadership restructuring under CEO John Ternus.

Tarun Mottlia

Oct 29, 2026

3 min
Business

SK Hynix reports 632% profit surge in Q3 2026, expects chip shortage until 2030

SK Hynix reported a 632% surge in operating profit for Q3 2026, reaching 83.3 trillion won ($62bn), as memory chip demand is expected to outstrip supply until…

Tarun Mottlia

Oct 29, 2026

4 min
Business

Ben & Jerry's founders explore ESOP separation from Magnum

Ben & Jerry's co-founders Ben Cohen and Jerry Greenfield are exploring a deal to separate the brand from Magnum and place it under an employee stock-ownership…

Tarun Mottlia

Oct 29, 2026

3 min
Business

Luxury Cruise Operator Villa Vie Residences Halts Global Voyage Due to Soaring Fuel Costs

Villa Vie Odyssey halted its 3.5-year voyage after fuel costs surged, stranding passengers in Cambodia.

Tarun Mottlia

Oct 29, 2026

2 min
Business

Google expands AI-powered Search ads globally as core ad growth slows

Google is rolling out AI-powered Search ads globally to counter slowing growth in its core advertising business.

Tarun Mottlia

Oct 29, 2026

3 min
Business

Info Edge Q2 FY27 net profit jumps 87% YoY to ₹650 Cr on other income surge

Info Edge reports 87% YoY net profit growth to ₹650 Cr in Q2 FY27, declares ₹3 interim dividend. Operating revenue up 12.2%, other income surges 164.8%.

Tarun Mottlia

Oct 29, 2026

3 min
Business

Microsoft reports $92.3 billion quarterly revenue, discloses Azure and OpenAI earnings for first time

Microsoft reports record $92.3 billion quarterly revenue, 19% growth, and $36.6 billion net income. Azure and OpenAI revenue disclosed for the first time.

Tarun Mottlia

Oct 29, 2026

4 min
Business

African cross-border trade hindered by fragmented payments and regulations

Experts at the 2026 Moonshot by TechCabal conference urge harmonised regulations and shared financial infrastructure to reduce trade costs and complexity…

Tarun Mottlia

Oct 29, 2026

2 min
Business

Adani Group explores €3 billion acquisition of Dutch energy storage firm VTTI

Adani Group is in deliberations to acquire Dutch energy storage firm VTTI for €3 billion, as supply disruptions drive demand for storage infrastructure.

Tarun Mottlia

Oct 29, 2026

2 min
Business

Upwind raises $400M after walking away from Datadog acquisition offer

The cloud security startup raised a Series C at a $3.8B valuation, instead of selling itself for the same price.

Tarun Mottlia

Oct 28, 2026

2 min

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