The investment comes as ONDC continues to strengthen its role in India’s digital public infrastructure push, aimed at making ecommerce more open and accessible for small businesses.

The network seeks to help MSMEs reach a wider customer base while reducing dependence on large tech platforms.

Zoho has been working closely with ONDC across multiple commerce and finance offerings, including Vikra, Zoho ERP, Zoho Books, Zoho Inventory, and Zoho Commerce. These tools enable MSMEs to digitise operations, manage inventory, streamline accounting, and connect with customers through the ONDC network.

Source: Inc42

Browsers get the page you already ship. AI agents get clean markdown; no JS, no nav, no cookie banner. Picked at the edge by HTTP content negotiation, no duplicate URLs.

Dualmark was built and battle-tested at Dodo Payments before it was open-sourced. After rolling it out across the marketing site, AI agent traffic 5×'d in 60 days — without changing a single page of content.

We treated AI search as an infrastructure problem, not a content problem. Dualmark gave every page a markdown twin our existing stack could keep shipping. The crawlers found it, started reading it, and our agent traffic compounded from there. - The Dodo Payments engineering team

One install. One config. Every page gets a markdown twin and a conformance score. No content rewrite. No vendor lock-in.

Source: Dualmark

So, there was this 31-year-old guy in India named Chirag Tomar who pulled off one of the craziest crypto heists ever. He basically stole $20 million just by buying a domain name.

He registered "CoinbasePro[dot]com" and built a fake login page that looked exactly like the real thing, down to the last pixel. He was a wizard at SEO, so when people searched for Coinbase Pro on Google, his fake site showed up as the very first result.

When people clicked on it, they’d type in their email, password, and 2FA code. While the victims were looking at a fake "loading" screen, Tomar’s crew was using those live codes to log into the real accounts and empty the wallets in seconds. If someone got confused, they’d call a "support" number on the page, and a scammer would actually pick up and talk them into giving away even more security codes.

He kept this up for over two years and scammed 542 people. He even kept a massive spreadsheet tracking every person he robbed. He used the money to live like a movie star—buying Lamborghinis, Porsches, Audemars Piguet watches, and taking huge trips to Dubai and Thailand.

But his luck ran out in December 2023. He flew into Atlanta for a vacation, thinking he was untouchable, but the Secret Service was literally waiting for him at the gate.

How they caught him is actually hilarious. This guy was smart enough to trick Google’s algorithm for years, but he was dumb enough to use the exact same email for his scamming business that he used on his official US visa application. When the feds looked at his search history, they found him googling stuff like "how to take money from coinbase without OTP" on the same browser.

He pleaded guilty and got 5 years in federal prison. On top of that, the authorities in India ended up seizing over $7 million worth of properties he’d bought for himself and his family. It just goes to show that you can be a genius at coding, but you can still get busted by a simple "forgot to switch emails" mistake.

Indian on-demand home services startup Pronto has raised an additional $20 million in its Series B round from venture ​capitalist Lachy Groom, doubling its valuation to $200 million in just ‌two months.

The fresh capital will be used primarily to scale worker supply, deepen operational infrastructure, and expand service density across existing markets, said founder Anjali Sardana

Source: X

Prior to joining Honasa, Yatish Bhargava held senior leadership roles at Flipkart and Hindustan Unilever Limited.

Source: Entrackr

Parker, a well-funded startup offering corporate credit cards and banking services for e-commerce businesses, has filed for bankruptcy and is widely reported to have shut down.

The startup was part of Y Combinator’s winter 2019 cohort, and its Series A was led by Valar Ventures.

And Parker’s troubles seem to be confirmed in its May 7 filing for Chapter 7 bankruptcy protection. The filing states that the company has between $50 million and $100 million in assets, with liabilities in the same range. It also states that Parker has between 100 and 199 creditors.

Parker, the YC19 fintech that served ecommerce merchants with credit cards, has officially ceased operations on May 4th '26

Patriot Bank, parkers banking operations partner, issued an official statement to clients confirming. Parker had raised $200M.

Source: Tech Crunch

Home services firm Urban Company posted a net loss of Rs 159 crore in the fourth quarter (Q4) of financial year 2025-26 (FY26), widening 50X from a loss of Rs 3 crore in the year ago period.

The company's revenue from operations grew 42.5 percent year-on-year (YoY) to Rs 426 crore in Q4 from Rs 298 crore in the same period last year.

The company has reported a sharp increase in losses as it spends more heavily on expansion of InstaHelp, its 10-minute quick service arm, to ward off competition from new-age, privately held rivals such as Snabbit and Pronto. Urban Company is currently the market leader in the space and has said it will not shy away from investing more money to retain its leadership position.

Source: Money Control