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RBI Proposes ₹25,000 Compensation For Cyber Fraud Victims

Amid rising cases of digital frauds, the Reserve Bank of India (RBI) has proposed compensating up to ₹25,000 to customers who lose money to small-value fraudulent transactions, governor Sanjay Malhotra said.  “We will also publish a discussion paper on possible measures to enhance the safety of digital payments. Such measures may include lagged credits and additional authentication for specific classes of users like senior citizens,” the governor said after the meeting of the central bank’s Monetary Policy Committee (MPC). In a bid to protect customers from cyber frauds, the RBI also plans to review the framework to limit customer liability in digital transactions. “The extant instructions on limiting the liability of customers in unauthorised electronic banking transactions were issued in 2017, which deal with scenarios and timelines for zero / limited liability of a customer. In view of the rapid adoption of technology in the banking sector and payments systems, since issuance of these instructions, the existing instructions have been reviewed. Accordingly, the draft revised instructions, including a framework for compensation in case of small-value fraudulent transactions, shall be issued shortly for public consultation,” the RBI said in its statement on developmental and regulatory policies. This comes at a time…  ​Read MoreInc42 Media

Zappfresh Enters Frozen Veg Snacks Segment, Commits ₹10 Cr Investment

Delhi NCR-based meat delivery company Zappfresh has entered into the frozen vegetarian snacks category, under the brand name “Meevaa Foods”, as part of scaling its ready-to-eat food category expansion. Meevaa Foods products will be available in the markets of Delhi NCR from February 9, followed by Mumbai and Bengaluru from March 1. In a statement, Zappfresh said that it has earmarked a capital infusion of ₹10 Cr to scale its frozen food operations over the next two to three years. The company intends to roll out 12 frozen veg products including samosas, momos, kebabs and patties as Meevaa Foods’ pilot. It also plans to introduce additional products every quarter based on the nature of demand. Zappfresh expects imports and exports to account for around 15-20% of its frozen food volumes. The development comes shortly after the company acquired a controlling stake in Avyom Foodtech with a capital infusion of INR 7.5 Cr via private placement. The subsidiary, which was also founded by Zappfresh cofounder Deepanshu Manchanda, subsequently entered into a binding agreement with RTC brand Ambrozia Frozen Foods to acquire its food processing business via a slump sale. “Our recent acquisition in the frozen and processed foods segment enabled us…  ​Read MoreInc42 Media

Why valuing peace over productivity changes everything

There comes a point when being busy no longer feels impressive. The long to-do lists, the back-to-back commitments, the constant push to optimise every hour—what once felt purposeful begins to feel heavy. You’re still getting things done, but something inside you feels unsettled. Rest doesn’t refresh you the way it used to. Achievements bring relief, not joy.This is often the moment when people begin questioning the productivity-first mindset they’ve been living in. Not because they’ve become lazy or unambitious, but because they’ve realised that constant output comes at a cost. Peace—real, lasting peace—has been missing.Valuing peace over constant productivity doesn’t mean giving up on goals. It means redefining success. It means choosing mental clarity over constant urgency, presence over performance, and sustainability over speed. And once this shift begins, the way you work, rest, and live starts to change in meaningful ways.The quiet shift from constant productivity to peace1. Productivity without peace leads to burnoutProductivity is useful, but when it becomes constant, it turns into pressure. There is always something more to do, something to improve, something unfinished. Without space to pause, the mind never truly rests.This relentless pace slowly drains emotional and mental energy. You may still function, but…  ​Read More​YourStory RSS Feed

Startup news and updates: Daily roundup (February 6, 2026)

From the government’s efforts in incubating deeptech startups in the country to Dassault’s executives’ focus on private capital and policy in building startups, today’s roundup captures key shifts shaping business and innovation.Featured stories In Erode’s hills, a solar mill is helping tribal farmers reclaim milletIn hilly regions in Tamil Nadu where electricity is scarce, and millets have long been grown only for survival, a solar-powered mill is reshaping how tribal farmers earn from their crops.On most days, sunlight is the only reliable power source in Kunri, a small tribal village near Kadambur in Tamil Nadu’s Erode district. In the hilly landscape close to the Sathyamangalam Tiger Reserve, electricity has long been patchy or doesn’t exist at all. For generations, tribal families consumed mostly millets, which grew well on these terrains, but never had a chance to make a livelihood out of these crops.A Rs 23.5-lakh solar-powered millet processing centre, launched in December in Kunri, is changing how tribal farmers engage with their harvests. Designed and set up by Oscar Solar Pump, the unit has a metal container fitted with solar panels and machines that clean, destone, dry, and mill ragi and thinai. This has allowed the farmers to process millets…  ​Read More​YourStory RSS Feed

PhysicsWallah Q3 FY26 Revenue Jumps 34%, Profit Rises 33% as Edtech Growth Continues

Edtech company PhysicsWallah reported a strong set of financial results for the third quarter of FY26, showing solid growth in both revenue and profitability. The Noida-based education platform, which went public in November 2025, continues to strengthen its position in India’s competitive online and offline education market.For the quarter ended 31 December 2025, the edtech unicorn delivered higher income, improved profits, and stable margins, supported by rising student enrolments, offline centre expansion, and growing demand for digital learning services.PhysicsWallah Q3 FY26 Financial Results Snapshot MetricQ3 FY26Q3 FY25YoY ChangeRevenue from Operations₹1,082 crore₹809.7 crore+34%Net Profit₹102.3 crore₹76.7 crore+33%EBITDA (Adjusted)₹351.2 crore₹266.4 crore*+32%*EBITDA Margin~32%~33%*StableTotal Expenses₹979.9 crore₹736.6 crore+33%Online Enrolments (9M FY26)3.96 million3.30 million+20%Offline Centres (as of Dec 2025)318 centres234 centres*+36%* PhysicsWallah Q3 FY26 Financial Performance: Revenue, Profit and ExpensesPhysicsWallah reported operating revenue of ₹1,082 crore in Q3 FY26, registering a 34% year-on-year growth compared to ₹809.7 crore in the same quarter last year. The growth was driven by higher paid subscriptions, expansion of offline learning centres, and wider course offerings across exam preparation and school education segments.The company’s net profit increased by 33% year-on-year to ₹102.3 crore, up from ₹76.7 crore in Q3 FY25. On a quarter-on-quarter basis, profit also improved from ₹69.7 crore in Q2…  ​Read MoreStartupTalky- Business News, Insights and Stories

Bharat Taxi Launched by Amit Shah to Provide No-Commission Platform for Drivers

Bharat Taxi, India’s first ride-hailing platform supported by the government, was inaugurated by Union minister Amit Shah. The platform is based on the idea of shared ownership. At the 5 February launch ceremony in Delhi NCR, Shah stated that the platform’s primary objective is to provide cab drivers more agency. Shah also mentioned that the drivers will not be paid a commission.Drivers will receive the full amount of the fare displayed on the application. Shah also stated that this inauguration serves to further the endeavour of providing welfare to the “Sarthis” (drivers) community. Within three years, this cab service will cover the entire country, stretching from Kashmir to Kanyakumari and Dwarka to Kamakhya.Bharat Taxi to Free Country from Private PlayersThis new software, according to Shah’s announcement a month ago, will strive to wean the country’s cab drivers off of private enterprises. Drivers would be able to retain all of their profits from each ride thanks to the new service, he added. Sahkar Taxi Cooperative Limited would run Bharat Taxi as a cooperative, with drivers acting as co-owners.In order to take part, drivers need to purchase a minimum of 5 shares, totalling INR 500. They will then be eligible for stakeholder…  ​Read MoreStartupTalky- Business News, Insights and Stories

Capillary Technologies Q3: Profit Declines 22% YoY To INR 8 Cr

SaaS company Capillary Technologies reported a 22% decline in its consolidated net profit to ₹8 Cr in the December quarter of 2025 (Q3 FY26) from ₹10.3 Cr in the year-ago period. Sequentially, profit increased multifold from ₹28.8 Lakh. Revenue from operations increased 15.7% to ₹184 Cr during the quarter under review from ₹159 Cr in Q3 FY25. On a quarterly basis, it grew 2.6% from ₹179.3 Cr.  EBITDA grew 17% to ₹28.7 Cr in the quarter under review from ₹24.5 Cr in Q3 FY25. Total expenses for the quarter increased 17% to ₹159 Cr from ₹136 Cr in the same quarter last year.  Meanwhile, Capillary’s net revenue retention (NRR) stood at 111%, as of December 31, 2025. NRR is a metric which shows how much revenue a company retains from its existing customers over a period, after accounting for upgrades, downgrades, and churn. This is different from annual recurring revenue (ARR) as it calculates total overall revenue. Capillary’s organic and inorganic NRR stood at 115% and 94%, respectively. While organic NRR includes revenue from core offerings, inorganic NRR calculates revenue from acquired subsidiaries. Capillary helps businesses improve customer engagement, drive sales and build brand loyalty through its AI-powered platform. It…  ​Read MoreInc42 Media

ITC, Godfrey Phillips Shares Surge After January Sell-Off as Cigarette Stocks Stage Strong Comeback

Shares of leading cigarette makers ITC Ltd and Godfrey Phillips India rose sharply on Thursday after a brutal start to 2026, as investors returned to tobacco stocks following last month’s heavy sell-off triggered by new cigarette taxes.The rebound comes after January saw one of the worst months for cigarette stocks in years. ITC, in particular, recorded its poorest January performance on record, with sharp losses driven by concerns over higher excise duties and their impact on demand and profitability.On 6 February, market sentiment shifted. Investors stepped back into beaten-down stocks, pushing ITC and Godfrey Phillips shares higher, as value buying and stronger quarterly results helped improve confidence.Excise Duty Shock: Why Cigarette Stocks Crashed in JanuaryThe sell-off began after the government implemented a new excise duty on cigarettes and tobacco products from 1 February 2026. Under the revised structure, cigarette manufacturers must pay additional duties ranging from ₹2,050 to ₹8,500 per 1,000 sticks, depending on product length, on top of the existing 40% GST.This led to fears of sharp price increases at the retail level, which could affect consumer demand and volumes. Since cigarettes contribute a large share of revenue and profits for companies like ITC, the market reacted quickly.In January,…  ​Read MoreStartupTalky- Business News, Insights and Stories

Gaming company JetSynthesys acquires EverMerge as it looks to expand globally

Digital entertainment and video gaming company JetSynthesys on Thursday acquired EverMerge, a globally popular merger game from Big Fish Games Inc. Terms of the deal were not disclosed. Big Fish Games is a subsidiary of global entertainment and gaming content creation firm Aristocrat Leisure Ltd.EverMerge has generated over $350 million of lifetime revenue since its launch five years ago and is positioned among the top 100 mobile-grossing video games of all time, the company said in a statement. Its key markets include the US and Western Europe, where it holds franchise potential amid strong daily active users and retention metrics. This acquisition is in line with India-based JetSynthesys’ global expansion plan, and will help it build a video gaming ecosystem that spans genres, geographies, and communities. Also ReadKrafton leads investment in JetSynthesys to fuel growthJetSynthesys is planning to expand EverMerge’s reach into new growth regions, including India, by leveraging the firm’s expertise in community engagement, brand partnerships, and data-driven user acquisition to scale the title and growth opportunities, it said. “At a time when India is recognising the potential of the orange economy, pioneered by JetSynthesys, this acquisition is an important milestone. EverMerge’s success across Western markets presents an incredible opportunity to…  ​Read More​YourStory RSS Feed

Best AI Tools for Face Recognition

Face recognition software created with the help of artificial intelligence utilizes advanced algorithms to detect, analyze, and recognize human faces within video frames or digital images by extracting discriminative facial features and creating mathematical representations known as facial signatures. Face recognition systems typically operate through a series of steps: face detection, feature extraction, face alignment, and matching against a database to recognize or authenticate. Some salient features include real-time detection, high accuracy levels, anti-spoofing, and multi-face support. Recent solutions employ deep learning and neural networks to improve the speed and precision, with applications in security, access control, digital onboarding, and customized user experiences in various industries. Tools Rating Key Features Amazon Rekognition 4.7 Facial analysis, object detection, celebrity recognition, content moderation Microsoft Azure Face API 4.6 Face detection, verification, identification, emotion recognition lenso.ai 4.7 Face recognition, Face recognition API, image recognition, reverse image search Eyematch.ai 4.5 Face recognition, image recognition, face search Google Cloud Vision API 4.5 Label detection, facial detection, OCR, explicit content detection Face++ 4.3 Face detection, landmarks, attributes analysis, body and gesture recognition Kairos 4.1 Face recognition, emotion analysis, demographic filtering OpenCV 4.4 Open-source library, real-time image processing, face detection models Trueface 4.2 On-premise facial recognition, spoof…  ​Read MoreStartupTalky- Business News, Insights and Stories

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