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Boeing to Reduce Defence Supply Chain Workforce in Cost-Cutting Drive

Boeing to Reduce Defence Supply Chain Workforce in Cost-Cutting Drive

As part of its ongoing staff realignment efforts, aerospace giant Boeing intends to cut 300 supply chain positions in its military division. Affected employees will be notified this week. The layoffs would affect multiple locations across the US. Large firms across sectors are cutting back on staff and are looking closely at expenses, so this step makes sense. Boeing stated in response to enquiries regarding the defence layoffs that it routinely assesses and modifies its workforce in order to remain in line with its obligations to its clients and neighbourhoods.Hiring Continues in BoeingBoeing keeps hiring even though they have reduced head count. More than 1,300 job openings exist inside the organisation at the present time.  A number of Boeing’s defence employees are being considered for possible redeployment to other positions. Federal reports show that as of the end of 2025, Boeing had 182,000 employees worldwide, an increase of around 10,000 from the previous year.Employment growth is attributable to a number of factors. These factors include the incorporation of Spirit AeroSystems, an acceleration of commercial jet production, and preliminary work on the F-47 fighter plane for the United States military. Parts of the workforce are upset about the most recent changes,…  ​Read MoreStartupTalky- Business News, Insights and Stories

Dr. Doodley Raises $3.3 Mn To Expand Pet Hospital Network in Bengaluru

Dr. Doodley Raises .3 Mn To Expand Pet Hospital Network in Bengaluru

Pet healthcare startup Dr. Doodley has raised $3.3 Mn (about INR 30 Cr) in its pre-Series A round, which was a mix of equity and debt, led by V3 Ventures. It also saw participation from Campus Fund, Thackersey Family Office, and angel investors, including 360 ONE Wealth founders Yatin Shah and Karan Bhagat and Dalmia Bharat Group MD Gautam Dalmia. The funding round comprised INR 20 Cr equity and INR 10 Cr debt. The Bengaluru-based startup operates a hospital-backed, round the clock vet-at-home and multi-specialty pet hospital network. It plans to use the capital to open four new multispeciality pet hospitals in Bengaluru over the next 12 months. The startup also plans to roll out 30-minute vet-at-home services and introduce flat INR 10,000 pricing for all surgeries, with plans to enter other tier I cities later this year. It is aiming to treat 1 Lakh pets in the next year and increase the number of veterinary doctors on its payroll to 100. Dr. Doodley currently operates a team of 35 doctors across three 24/7 hospitals in Bengaluru, which offer services like in-house diagnostics, imaging, surgeries, blood tests, and specialised in-patient care. The startup was founded in 2023 by Utsav Bisaria…  ​Read MoreInc42 Media

Fibr AI Secures $7.5 Million Seed Funding to Pioneer the Agentic Web

Fibr AI Secures .5 Million Seed Funding to Pioneer the Agentic Web

Fibr AI, the innovative company transforming how businesses engage with customers online, today announced it has successfully closed a $7.5 million seed funding round. The round was led by Accel in India, with significant participation from WillowTree Ventures and MVP Ventures, alongside a distinguished group of Fortune 100 operators and angel investors.Fibr AI is at the forefront of building the “Agentic Web,” a revolutionary approach that redefines websites from static pages into intelligent, adaptive experience systems. This paradigm shift addresses a critical gap in modern marketing: while targeting and advertising have become increasingly personalized, the website experience has largely remained uniform for all visitors, leading to missed conversion opportunities and wasted marketing spend.”Marketing has become intelligent everywhere except the website,” stated Ankur Goyal, CEO and Co-Founder of Fibr AI. “We envision a web where every URL acts as a living experience system, understanding context and responding in real-time to human visitors, specific cohorts, and even AI agents. This transforms the website from a passive destination into an active, revenue-driving component of a marketer’s growth strategy.”Pritam Roy, CPO and Co-Founder, emphasized the company’s mission: “Our goal is to empower businesses to deliver truly personalized web experiences at scale. We’re building the…  ​Read MoreStartupTalky- Business News, Insights and Stories

Uber appoints Balaji Krishnamurthy as chief financial officer

Uber appoints Balaji Krishnamurthy as chief financial officer

Ride-hailing platform Uber has appointed Indian-origin executive Balaji Krishnamurthy as its chief financial officer.A graduate of Manipal Institute of Technology, Krishnamurthy has been with Uber for more than six years and will assume his new role from February 16, following the resignation of the present chief financial officer Prashanth Mahendra-Rajah.”Prashanth Mahendra-Rajah, Chief Financial Officer, will step down from his role on February 16, 2026. Balaji Krishnamurthy, currently Vice President, Strategic Finance, will assume the role of Chief Financial Officer on that date,” the company said in a regulatory filing.Mahendra-Rajah will serve the company as a senior finance advisor reporting to CEO Dara Khosrowshahi through July 1, 2026.”For those who don’t know Balaji, he is trusted by investors, knows Uber’s business inside and out, and is a brilliant, decisive strategist. He has worked closely with me and our management team for years, and I am thrilled for him to step up as CFO as we kick off another big year for Uber,” Khosrowshahi said.Krishnamurthy, age 41, joined Uber in 2019 and has served in a range of leadership roles at the company, including as vice president for strategic finance since 2023. He was head of investor relations from 2020 to 2023.Krishnamurthy…  ​Read More​YourStory RSS Feed

AI-Enabled NDT Robotics Startup Octobotics Raises ~₹10 Crore in Series Seed Funding to Transform Asset Integrity Across Oil & Gas, Chemical Industry and Rail

AI-Enabled NDT Robotics Startup Octobotics Raises ~₹10 Crore in Series Seed Funding to Transform Asset Integrity Across Oil & Gas, Chemical Industry and Rail

Octobotics Tech Pvt Ltd, an industrial robotics company, has announced the successful closure of its Series Seed funding round of approximately ₹10 crore.The round was led by Navam Capital, with participation from BYT Capital. The funds will be deployed to accelerate product development, strengthen field validation, and support international expansion.Founded in 2020 by Ishan Bhatnagar and Gulshan Kumar, Octobotics develops AI-enabled, vertically integrated Non-Destructive Testing (NDT) robotics platforms engineered for harsh environments across industrial and rail applications.The company currently serves leading organisations including the Indian Navy, IOCL, Saudi S-Chem, BPCL, HPCL, Aarti Industries, and GSFC, and recorded ₹2 crore in annual revenue in the last fiscal year.“This capital will support R&D for vertical integration and the pursuit of IECEx and ATEX certifications, while expanding our operations in India, Singapore, and the Middle East,” said Ishan Bhatnagar and Gulshan Kumar, Co-Founders of Octobotics. “The distribution-led approach allows us to deploy these systems to assist human operators and reduce the need for manual tasks in hazardous environments.”Commenting on the investment, Dr. Anjan Ray, Investment Partner at Navam Capital, said,“Octobotics is addressing specific maintenance challenges within critical infrastructure. Their focus on a vertically integrated technology stack and a scalable distribution model provides a…  ​Read MoreStartupTalky- Business News, Insights and Stories

Fashion Quick Commerce Startup ZILO Bags $15.3 Mn To Expand Beyond Mumbai

Fashion Quick Commerce Startup ZILO Bags .3 Mn To Expand Beyond Mumbai

Fashion quick commerce startup ZILO has raised $15.3 Mn (about INR 140 Cr) in its Series A funding round led by Peak XV Partners, along with participation from Info Edge Ventures, Chiratae Ventures, Alteria Capital, Stride Ventured. While Peak XV infused $8 Mn (about INR 67 Cr), Info Edge and Chiratae Ventures invested $2.5 Mn (about INR 20.8 Cr) each . Angel investors like Lalit Keshre (founder and CEO, Groww), Kunal Shah (founder, CRED), Sachin Oswal (founder, Orginity), Ayyappan R (founder, FirstClub), Abhishek Bansal (cofounder, Shadowfax), Sreevathsa Prabhakar (founder, Servify) & Preeta Sukhtankar (equity partner, Foxtale & Luma Fertility) also participated in the funding round. The Mumbai-based startup plans to deploy the capital to scale operations, strengthen brand building, and invest in technology. Additionally, it plans to deepen its presence in Mumbai and expand to additional cities.  Former Flipkart and Myntra executive Padmakumar Pal and Bhavik Jhaveri launched ZILO in 2025. It is an online fashion marketplace featuring trendy outfits from brands like Levi’s, Louis Philippe, United Colors of Benetton, Rare Rabbit, and Jack & Jones. It claims to deliver clothes in under 60 minutes, with features like home trials and instant returns. The startup claims that upon delivery, a…  ​Read MoreInc42 Media

10 Best Medicine Delivery Companies in India

10 Best Medicine Delivery Companies in India

When you’re sick, going to a pharmacy, waiting in line, and potentially finding out they don’t have your medication can be a difficult experience. It’s even more of a challenge if you’re managing a chronic condition that requires regular medication. Fortunately, medicine can now be delivered directly to your home.Medicine delivery apps have changed things, making healthcare more convenient. With many options available, it can be hard to know which one to trust. This article breaks down some of the top medicine delivery companies in India, comparing their offerings so you can choose one that works for you.What are Medicine Delivery Apps?Medicine delivery apps are mobile platforms that allow users to order prescription medications and over-the-counter products online for home delivery. The process is typically straightforward: upload a valid prescription from a doctor, add items to the cart, complete payment, and track the order. This model integrates healthcare into a user’s schedule.How Medicine Delivery Apps WorkMany of these apps have evolved beyond being digital drugstores, becoming comprehensive health hubs. Users can book online doctor consultations, schedule at-home lab tests, and purchase a wide range of wellness products from a single application. These platforms are creating digital systems for health management.A…  ​Read MoreStartupTalky- Business News, Insights and Stories

Good Monk Raises Inr 33 Crore at INR 175 Crore Valuation to Fast Track India’s Quest Towards Preventive Nutrition

Good Monk Raises Inr 33 Crore at INR 175 Crore Valuation to Fast Track India’s Quest Towards Preventive Nutrition

Good Monk, the flagship brand of Superfoods Valley, is a Bengaluru based start-up, that is founded with a mission to make nutrition a daily habit by making it convenient, effective, and by seamlessly becoming a part of daily food without changing the taste of food. It has now raised INR 33 Crores, at a valuation of INR 175 Crores, in Pre-Series A funding round led by RPSG Capital Ventures, along with participation from Sharrp Ventures, and Hyperscale Ventures- the family fund of Suyash Saraf, founder of Dot & Key. Founders Amarpreet Singh Anand and Sahiba Kaur’s families joined in the round as well.Good Monk has built a strong portfolio of research-led, science-backed-sprinkle-on nutrition products. The brand has rapidly gained traction across urban and semi-urban consumers seeking easy-to-use nutritional support for themselves and their families. Under the mentorship of seasoned investors like Sanjay Ramakrishnan, Multiply Ventures, Rishabh Mariwala, Sharrp Ventures, and Abhishek Goenka, RPSG Capital Ventures; Good Monk has witnessed a strong growth of 25X in 18 months. At the same time, the brand has turned CM3 positive displaying strong operational and capital efficiencies.Commenting on the recent fund raising, Amarpreet Singh Anand, Founder & CEO, Good Monk (SuperFoods Valley Pvt. Ltd.) said, “The fundraise marks…  ​Read MoreStartupTalky- Business News, Insights and Stories

Material Depot raises $10mn co-led by Accel and Stellaris Venture Partners

Material Depot raises mn co-led by Accel and Stellaris Venture Partners

Material Depot, a curated home interiors materials platform for modern Indian homes, has raised $10 million in a Series A round co-led by Accel and Stellaris Venture Partners, with participation from Whiteboard Capital, DeVC, Soma Capital, MyAsiaVC, along with a group of angel investors including Ramakant Sharma (Founder & CEO, Livspace), Ankit Nagori (Founder & CEO, Curefoods), Shashvat Nakrani (Founder, Bharatpe), Abhiroop Jayanthi (MD & Partner, Carlyle India), Niraj Singh (Founder & CEO, Spinny), Saurabh Jain (CEO, Livspace India), Abhishek Goyal (Founder & CEO, Tracxn), and Vineet Khanna (Co-Founder, Supertails).The fresh capital will be deployed to strengthen Material Depot’s technology backbone across supply chain, inventory planning, and in-store assisted selling, expand its curated product portfolio and exclusive collections, and scale its offline presence across cities.Founded in 2022 by Manish Reddy and Sarthak Agrawal, Material Depot is building a curated, trust-led platform that helps urban, design-conscious homeowners turn inspiration into reality. By combining strong design intelligence with a highly responsive supply chain, the company brings globally inspired collections to Indian homes in weeks rather than years. Its Experience Centres offer transparent pricing, reliable delivery timelines, and assisted decision-making, enabling customers to visualize, compare, and confidently choose materials in one place.“Building and…  ​Read MoreStartupTalky- Business News, Insights and Stories

Fashion quick-commerce startup ZILO raises $15.3M in Series A round led by Peak XV Partners

Fashion quick-commerce startup ZILO raises .3M in Series A round led by Peak XV Partners

Fashion quick-commerce startup ZILO has raised $15.3 million (about Rs 140 crore) in a Series A funding round led by Peak XV Partners as the company looks to expand to new markets. Peak XV Partners invested $8 million in the round, while existing investors InfoEdge Ventures and Chiratae Ventures each added $2.5 million. The round also saw participation from Alteria Capital, Stride Ventures, and several angel investors, including Lalit Keshre, Kunal Shah, Sachin Oswal, Ayyappan R, Abhishek Bansal, Sreevathsa Prabhakar, and Preeta Sukhtankar.The funding will support expansion beyond Mumbai over the next year, the company said in a statement. ZILO also plans to invest in technology and customer experience capabilities.Founded by former Flipkart and Myntra executives Padmakumar Pal and Bhavik Jhaveri, Mumbai-based ZILO promises delivery within 60 minutes, besides features such as home trials and instant returns. The company works with more than 200 fashion brands and is building a vertically integrated operating model focused on speed and assortment.Also ReadThe Whole Truth eyes public markets with new $51M Series D fundingThe fundraise follows ZILO’s partnership with celebrity stylist and fashion editor Anaita Shroff Adajania, who joined the company as style director and equity partner. The company said the collaboration is…  ​Read More​YourStory RSS Feed

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