Close
Honasa Consumer, the parent company of Mamaearth, has lost its unicorn status as shares plummeted below the IPO issue price, driven by disappointing Q2 results and a significant inventory correction. This decline reflects broader challenges in the market, including muted demand and shifting consumer preferences, leading experts to predict a lengthy recovery process. In contrast, Zepto has successfully attracted investor interest, securing $350 million in funding to expand its operations and compete with established players like Blinkit.
ReCircle is making strides in waste management by digitizing India's waste supply chain and monetizing the data involved. The company has pivoted from a B2C to a B2B model to enhance its impact, collaborating with numerous collection partners across India. Meanwhile, Krutrim, an AI venture, reported no revenue in its inaugural year but is investing heavily in R&D to set the stage for future growth.
• Honasa Consumer's shares fell below IPO price, losing unicorn status.
• Zepto raised $350 million to expand its quick commerce operations.
• ReCircle digitizes India's waste supply chain for better efficiency.
• Krutrim invests heavily in R&D despite reporting no revenue.
Krutrim is identified as an AI venture focusing on future revenue streams through R&D.
ReCircle aims to monetize data flowing through India's waste supply chain.
Krutrim's significant R&D investments are aimed at developing AI technologies for future applications.
Krutrim is focused on AI advancements and plans to launch Krutrim Cloud in FY25.
ReCircle is working on digitizing and monetizing India's waste supply chain through innovative software.
Letsrecycle.com 14month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
