TCR News Desk
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Supreme Court Sets Aside NCLT, NCLAT Orders Based on AI-Hallucinated Citations; Directs BCI to Frame Norms
The Supreme Court has voided insolvency orders built on six non-existent AI-generated precedents, declaring such decisions "no decision in the eyes of the law" and branding their citation advocate misconduct.
BNS Offences Women IPC Changes: A Complete Guide
The BNS offences women IPC changes that took effect on 1 July 2024 restructured how Indian law addresses rape, sexual assault, and related crimes against women.
Gig Worker Classification India: What the Labour Codes Say
Gig worker classification India changed fundamentally when the four Labour Codes came into force in November 2025, giving platform workers legal recognition for the first time.
PRISM (OYO Parent) Files ₹6,650 Cr Fresh-Issue-Only IPO with SEBI
PRISM, the parent company of OYO, has filed its Updated Draft Red Herring Prospectus with SEBI for a ₹6,650 crore fresh-issue-only IPO, with no offer-for-sale component. The filing marks a significant milestone in the Gurugram-based hospitality tech firm's long-awaited public market debut.
YoLearn.ai Raises $500K Pre-Seed Co-Led by DataAlpha.ai and White Swan Global
Noida-based voice-first AI tutoring startup YoLearn.ai has closed a $500,000 pre-seed round co-led by DataAlpha.ai and White Swan Global, with participation from angel investors. The capital will fund product scaling and distribution expansion across India's school and competitive exam ecosystem.
DPDP Data Fiduciary Obligations India: 2025 Checklist
A plain-language guide to DPDP data fiduciary obligations India founders and SMEs must act on under the Digital Personal Data Protection Rules, 2025.
Apna Mart to Raise ₹120 Cr Series C Co-Led by Accel India and Fundamentum
Gurugram-based franchise-driven omnichannel grocery startup Apna Mart is set to raise ₹120 crore (~$12.7 million) in a Series C round co-led by existing investors Accel India and Fundamentum, with participation from Peak XV Partners. The capital will be deployed toward capital expenditure, working capital requirements, and general corporate purposes.
The Indus Valley Raises $17M Series B Led by Gaja Capital to Scale Toxin-Free Cookware
Chennai-based D2C kitchenware brand The Indus Valley has raised $17 million in a Series B round led by Gaja Capital, with participation from existing investors DSG Consumer Partners, Rukam Capital, and The Chennai Angels. The fresh capital will drive product innovation, omnichannel distribution, and brand building.
Ananta Capital Acquires Majority Stake in D2C Personal Care Brand Phitku for ~₹100 Cr
Mumbai-based private equity firm Ananta Capital has acquired a majority stake in D2C personal care brand Phitku in a deal reported at ~₹100 crore. The transaction marks Phitku's first-ever institutional funding, just 14 months after its launch.
Will Probate Registration India: A Plain-Language Guide
A plain-language guide to will probate registration India — covering execution rules, when probate was required, and the landmark change made in December 2025.
Fibe (Social Worth Technologies) Files DRHP With SEBI to Raise ₹750 Cr via Fresh Issue IPO
Pune-based digital lending platform Fibe (Social Worth Technologies) has filed its Draft Red Herring Prospectus with SEBI for an IPO comprising a ₹750 crore fresh issue and an Offer for Sale of over 4 crore shares by existing shareholders. The DRHP was filed on 29 June 2026, with details becoming public on 30 June 2026.
The Capitalist Ventures Raises ₹10 Cr Seed Round from M Sriram and Angel Investors for India’s Luxury Commerce Platform
The Capitalist Ventures, a Hyderabad-based luxury concierge and culture-commerce startup, has raised ₹10 crore in a seed round from M Sriram and other angel investors. The capital will be deployed to expand its luxury product portfolio, accelerate customer acquisition, and strengthen operations.


