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Detailed stories on technology startups, business and economic current affairs.
More than 100,000 subscribers of the furniture rental startup are likely to be affected.

Editor's note: Furniture rental company RentoMojo has detected a data breach that involves unauthorized access to one of its databases, according to an email shared by the company with its subscribers on Thursday morning. The startup, which claims to have more than 100,000 subscribers, said an investigation was underway. “Upon becoming aware of the breach, we immediately initiated an investigation and engaged leading cybersecurity and legal experts to assist us,” the company said in the email. It added that hackers had access to its customers’ personal data. “It appears that the attackers were able to get unauthorized access to our customer data, including in some cases personally identifiable information by exploiting the cloud misconfiguration through extremely sophisticated attacks, thus breaching one of our databases,” it said. “We assure you that this has no impact on any financial information like credit cards, debit cards or UPI as we never store them in our database.” On 19 April, several subscribers of the Bengaluru-based startup were first alerted to the breach by the alleged perpetrators. An email from a hacker group called ShinyHunters, with the …
More than 100,000 subscribers of the furniture rental startup are likely to be affected.

Editor's note: Furniture rental company RentoMojo has detected a data breach that involves unauthorized access to one of its databases, according to an email shared by the company with its subscribers on Thursday morning. The startup, which claims to have more than 100,000 subscribers, said an investigation was underway. “Upon becoming aware of the breach, we immediately initiated an investigation and engaged leading cybersecurity and legal experts to assist us,” the company said in the email. It added that hackers had access to its customers’ personal data. “It appears that the attackers were able to get unauthorized access to our customer data, including in some cases personally identifiable information by exploiting the cloud misconfiguration through extremely sophisticated attacks, thus breaching one of our databases,” it said. “We assure you that this has no impact on any financial information like credit cards, debit cards or UPI as we never store them in our database.” On 19 April, several subscribers of the Bengaluru-based startup were first alerted to the breach by the alleged perpetrators. An email from a hacker group called ShinyHunters, with the …

Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.
The quick-commerce startup weighs a valuation cut or finding alternative funding to stay afloat as investor appetite for loss-making businesses weakens.
Bistro may look like a response to Swiggy and Rapido’s 'budget' food delivery apps, but the similarities end at affordability—the playbooks are fundamentally different.

Pricing constraints and uncertain daily-use demand cast doubt on instant help’s ability to replicate quick commerce.
The quick-commerce startup weighs a valuation cut or finding alternative funding to stay afloat as investor appetite for loss-making businesses weakens.
Bistro may look like a response to Swiggy and Rapido’s 'budget' food delivery apps, but the similarities end at affordability—the playbooks are fundamentally different.