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Mumbai-based AI-powered advertising and consumer growth platform Mobavenue AI Tech’s profit after tax surged 107.4% to ₹7.6 Cr in the…

Fabless Semiconductor startup Vervesemi has raised $10 million in a series A round led by ace market investor Ashish Kacholia and Unicorn India Ventures....

Most Indian pets are usually fed home-cooked food. While several pet food brands have tried to promote packaged food as…

There’s a strange dissonance when one talks about India and AI. This month, the Indian IT services industry was hit…

India’s gaming market is on a steep growth curve. It is expected to grow from $5.02 Bn in 2026 to…

India produces more milk than any other country, delivering roughly a quarter of the global supply. Dairy also contributes close…

Mumbai is gearing up for a major new transport option as the Mumbai Water Metro — a sustainable water-based metro service — is expected to begin operation in phases starting December 2026. The project aims to ease traffic congestion, cut commuting time and introduce an eco-friendly water transit system connecting key parts of the metropolitan region. This innovative project, championed by Maharashtra’s Ports Minister Nitesh Rane, will feature battery-powered ferries and electric boats operating on designated routes across the Mumbai Metropolitan Region (MMR). The initiative is modelled on the success of the Kochi Water Metro in Kerala — India’s first integrated water transport-metro system — and is expected to expand coastal and creek travel options for daily commuters and tourists alike. What Is the Water Metro Project? The Mumbai Water Metro is envisioned as a network of electric water ferries that will function like a “metro on water,” connecting different jetties and waterfront points across the city and its suburbs. Estimated to cost around ₹1,200 crore, the system aims to reduce the load on congested roads and railways while offering a greener transportation alternative. Officials say six to eight routes have been planned within the Mumbai Metropolitan Region, with the…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

For years, people with curly, coily and wavy hair sat on the fringes of India’s mainstream haircare market. That is…

A number of prominent technology leaders are departing California after state lawmakers advanced a proposal to impose a 5% tax on individuals worth over $1 billion, a policy critics believe could speed up the migration of billionaires and major business figures out of the state. The proposal, which may appear on the November ballot, would require California residents with a net worth exceeding $1 billion to pay a one-time 5% levy on their total assets. Tech Leaders Exit California Amid Proposed 5% Billionaire Wealth Tax Revenue generated from this tax would be directed toward funding public education, food assistance initiatives, and healthcare programs across the state. Although several affluent residents have already relocated, others have publicly suggested they may move their companies and families to states with lower tax burdens if the measure is approved. Despite the departures, some wealthy individuals have chosen to remain, arguing that Silicon Valley continues to offer unmatched access to technological innovation, investment capital, and highly skilled talent. Mark Zuckerberg is reportedly preparing to relocate to Florida, having purchased an expansive waterfront estate in Miami’s exclusive “Billionaire Bunker” neighborhood, where he and his wife, Priscilla Chan, are expected to settle by April. Larry Page has…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups

After introducing its redesigned Aadhaar app, the Unique Identification Authority of India (UIDAI) is reportedly planning a major overhaul of the physical Aadhaar card to curb misuse. As per reports, the revised card would show only the holder’s photograph and a QR code, removing other personal details from visible print. UIDAI Plans Aadhaar Card Redesign with QR Code to Prevent Misuse This step is intended to stop the improper use of Aadhaar photocopies, which currently display sensitive personal information. Work on implementing this significant modification has allegedly been in progress since last year. UIDAI has officially released the complete version of its upgraded Aadhaar mobile application, offering expanded digital services. Through the new app, users can now update information such as their mobile number, residential address, and other details without needing to visit an Aadhaar enrolment or update center. The app also allows individuals to lock or unlock their Aadhaar-linked biometric data instantly with a single tap. UIDAI Chief Bhuvnesh Kumar Announces New Rules to Prevent Aadhaar Photocopy Misuse UIDAI CEO Bhuvnesh Kumar stated during an online conference that fresh guidelines are being formulated to prevent the misuse of Aadhaar cards via photocopies. Aadhaar has become a critical identity document…  ​Read MoreBusiness Archives - Trak.in - Indian Business of Tech, Mobile & Startups