Top tech and startup stories to start your day with
Happy Thursday! Habuild CEO Saurabh Bothra stated that repeat users are driving the company's growth. The digital wellness platform, which began as a free yoga service during the Covid-19 pandemic, has evolved into a profitable business offering strength training, nutrition, and AI-led meal planning subscriptions.
Aakash's next CEO will be Jayan Modi, as the company continues to experience leadership changes. Aakash Educational Services reported a significant revenue increase and profit growth, but it has faced multiple leadership changes and declining revenue during this period.
Meanwhile, Walmart-backed Flipkart launched a standalone app for its quick commerce arm, Flipkart Minutes, and is piloting its food delivery service, Eat In. The company aims to roll out the services before the Big Billion Days (BBD) sale in October.
Rentomojo, a furniture and home appliances rental startup, saw its IPO successfully subscribe 1.42 times the shares on offer during its first day of public bookbuilding. Meanwhile, executives at Coforge opposed the reappointment of non-executive chairman Om Prakash Bhatt.
Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
