TECH NEWS

Rentomojo Gets SEBI Approval for IPO, Plans Rs 150 Crore Fresh Issue

Furniture and home appliance rental platform Rentomojo has received the Securities and Exchange Board of India’s go-ahead for its proposed initial public offering, moving the Bengaluru-based company closer to a public-market listing. The IPO comes at a time when several consumer internet and technology-led companies are trying to enter the market with a stronger focus on profitability and operating discipline.

The proposed IPO comprises a fresh issue of shares worth up to Rs 150 crore and an offer for sale (OFS) of up to 28.4 million equity shares by existing shareholders. Since the OFS involves a sale by current shareholders, Rentomojo will not receive proceeds from that portion of the issue.

Early Investors to Pare Holdings

Several existing shareholders are expected to sell part of their holdings through the OFS. These include Accel India IV, Edelweiss Discovery Fund - Series I, ValueQuest S.C.A.L.E. Fund, Chiratae-linked funds, Madison India Opportunities V...

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xAI Is Now Officially Known As SpaceXAI

The new branding and logo were announced on X. xAI has been officially rebranded as SpaceXAI, five months after Elon Musk's AI and space companies had merged. Musk revealed the combined company's new name back in May, explaining that xAI will no longer be a separate

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Drone Summit 2026: Can Drones Become Rural India’s Next Job Engine?

Drone technology may be moving from policy conversation to grassroots deployment, with agriculture, rural services and youth employment emerging as the next big use cases. Speaking at the National Drone Summit 2026 in New Delhi, Tarun Chugh, National General Secretary of the Bharatiya Janata Party and Member of Parliament, Rajya

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The era of the CIO who runs servers is over: Tushar Zade, Chief Transformation Officer, Granules India

As the pharmaceutical industry accelerates its digital transformation journey, the role of the CIO and CTO is evolving from technology custodian to business strategist. In this exclusive conversation, Tushar Zade, Chief Transformation Officer at Granules India, shares his perspective on building AI-ready enterprises, strengthening supply chain resilience, modernising manufacturing, and

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How Agentic AI is Redefining the Supply Chain Landscape in South Asia

For years, supply chains were designed with one goal in mind: efficiency. Companies optimized costs, streamlined logistics, and squeezed every ounce of productivity from their operations. But the last few years have exposed a harsh reality—efficiency alone doesn’t guarantee resilience. From pandemic-driven shortages and geopolitical tensions to rising

Early Investors to Pare Holdings

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xAI Is Now Officially Known As SpaceXAI

Drone Summit 2026: Can Drones Become Rural India’s Next Job Engine?

The era of the CIO who runs servers is over: Tushar Zade, Chief Transformation Officer, Granules India

How Agentic AI is Redefining the Supply Chain Landscape in South Asia