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Bellatrix Aerospace has raised $20 million led by Cactus Partners, with several investors participating. Founded in 2015, it develops electric and green satellite propulsion using a vertically integrated model. The company, in 2020, won the Best on Campus award at the Economic Times Startup Awards (
Furniture and appliance rental startup Rentomojo has filed its DRHP with the SEBI for an IPO. The company’s proposed IPO…
The RBI has imposed a penalty of ₹3.1 Lakh on fintech major Pine Labs for failing to comply with guidelines…
India has said discussions on including plurilateral agreements within the World Trade Organization framework should move forward only with consensus and proper safeguards to protect non-participating members.
A report by Swiss Re says rapid data centre growth is increasing insurance demand and risks. Premiums could reach $24.2 billion by 2030. High construction costs, natural catastrophes, and system failures raise exposure, while insurers can cover only part of losses, which could be significant.
Indian startup funding gathered momentum this week despite turbulent sentiment in the public markets due to the ongoing West Asia…
Britain's advice on the use of tablets, televisions, laptops and smartphones, published on Thursday, marks the government's most explicit intervention yet on early-years digital habits, after it said parents had been left to "battle" devices alone. A quarter of parents in Britain of 3- to 5-year
Indonesia's social media curbs, which the government says are intended to reduce the risk of cyberbullying and addiction, follow a ban in Australia last year over concerns about social media's potential harms to young people's mental health. Indonesia has also designated platforms including X, Me
Healthcare, aviation, and consumer hardware are industries where trust is not a brand value but a baseline requirement. The margin for error is small, capital demands are high, and credibility takes years to earn.
India signalled it may accept a two-year extension of the WTO moratorium on tariffs for electronic transmissions, despite earlier opposition. The US prefers a permanent ban, while members seek compromise. Business leaders stress predictability, warning duties could disrupt digital trade, as position
In this photo essay, we feature highlights from the permanent exhibition at MAP in Bengaluru.
Hackers claiming links to Iranian intelligence leaked emails and photographs from Kash Patel’s personal account. The material, mostly old and non-government, appeared online via a suspicious website. There were indications that whoever hacked Patel was holding back additional materials: The main web
This diversification has reduced dependence on any single region and enhanced financial resilience.
The Indian money market's hawala sector is experiencing an unusual discount on the dollar-rupee exchange rate, a shift attributed to stalled flights and reduced trade with the Gulf. This irregular market, typically seeing a dollar premium, is now operating 1-2% below official rates, impacting inform
The Reserve Bank of India has set a new limit for banks on their foreign currency dealings in the rupee. This move aims to control speculative trading and stabilize the Indian currency. Banks must now keep their open positions within 100 million US dollars each day. This regulation comes as the rupe
Online furniture rental platform Rentomojo has filed for an initial public offering in Mumbai, according to a draft prospectus dated Friday.
India's foreign exchange reserves dropped significantly last week. Gold prices fell, impacting the overall reserves. The Indian Rupee also weakened against the US Dollar. Oil prices rose due to geopolitical concerns. The Reserve Bank of India's intervention in the currency market was limited. Trader
Small exporters and e-commerce shipments will receive a boost. The government has removed the value limit for exports via courier services. This change takes effect from April 1, 2026. Previously, a limit of 10 lakh rupees per consignment was in place. The Directorate General of Foreign Trade announ
India and Europe are strengthening ties following a trade agreement. Prime Minister Narendra Modi will visit Oslo for the India-Nordic Summit and Italy for bilateral talks. He will also attend the G-7 Summit in France. These engagements aim to boost collaboration amid global supply chain challenges.
Commerce and Industry Minister Piyush Goyal met with US Trade Representative Jamieson Greer and Chinese counterpart Wang Wentao on the sidelines of the WTO Ministerial Conference. Discussions focused on the proposed India-US bilateral trade agreement and bilateral trade matters with China, amidst In
The government plans to borrow ₹8.2 lakh crore in the first half of the next fiscal year. This amount represents 51% of the revised borrowing target. The move aims to stabilize the bond market amid global uncertainties. This strategy allows for flexibility in future borrowing plans. The government w
A Moody's report warns that India and other Asia-Pacific economies face rising credit stress due to the ongoing Gulf conflict. Higher energy prices and supply disruptions, particularly for fuel, food, and industrial inputs, will impact import-dependent nations. Producers heavily reliant on Middle Ea
Indian exports to the US are navigating rocky waters. With consumer confidence waning and policy instability looming, shipments are feeling the pinch. The shrimp and textile sectors are struggling to bounce back from setbacks, and ongoing scrutiny of manufacturing practices raises additional red fla
India's farm economy is set for a major transformation. The government is creating farmer IDs and using advanced technology to boost incomes. This integrated farming model aims to make India a developed nation by 2047. Farmers will diversify crops and take up allied activities like livestock and bee
The move, expected as part of Apple's iOS 27 update, would allow third-party AI apps to integrate directly with Siri, enabling users to route queries to services such as Alphabet's Gemini or Anthropic's Claude from within the assistant, according to the report.
The hire comes as Apple is readying an improved version of Siri, its virtual assistant, for release this year, rebuilt with technology from Alphabet's Gemini AI model.
Naukri parent Info Edge has made an investment commitment of ₹250 Cr ($26.5 Mn) to A88 Fund I, set up…
The number of deals during the month, however, was down at 94, compared to 237 in the corresponding month last year.
Prediction markets have shifted from a niche corner of crypto and academic finance into a rapidly growing trading segment in under two years, with volumes and user activity surging.
Anthropic Outage: The incident, which lasted for nearly five hours, is one of the longest for the platform. While users reported widespread issues with the Claude API and models such as Opus 4.6, Claude for Government remained largely unaffected. This is the second outage at Anthropic’s Claude withi
New rules define beneficial ownership for countries sharing land borders with India. Investors from these nations can hold up to 10% ownership via the automatic route. FDI inflows are at a record high, showing strong returns for foreign capital. Production Linked Incentive schemes have attracted sig
Fintech major PB Fintech’s lending arm Paisabazaar has received an order from the Adjudicating Authority under the Prohibition of Benami…
AI-driven data center expansion is derailing Big Tech’s climate goals. Despite record renewable purchases, emissions at companies like Google, Amazon, Microsoft and Meta have surged. Power shortages, policy shifts and urgent AI demand are increasing reliance on fossil fuels, especially natural gas.
AI data center startup Crusoe said on Friday it will build a new 900-megawatt campus to run artificial intelligence workloads for Microsoft in Texas, as tech companies aggressively expand generative AI capacity. Located next to Crusoe's existing AI facilities in Abilene, Texas, the new campus wil
Yahoo is exploring technology's next frontier with Scout, an answer engine powered by artificial intelligence. Scout seems insightful, based on its response to a question posed by The Associated Press about why one of Silicon Valley's brightest stars faded away a decade ago.
Facebook has removed an interview segment featuring Kerala Opposition Leader V.D. Satheesan following a request from state police. The police cited vulgar comments in the video and sought the removal of the objectionable part, but the entire content was taken down. Authorities have since contacted M
The move follows a statutory inspection of the fintech’s operations conducted between July 2024 and May 2025. The RBI clarified that the action is due to regulatory compliance lapses and does not affect the validity of any transactions or agreements between Pine Labs and its customers.
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Friday, March 27, 2026.
Venture capital funding into Indian startups held steady at a higher level in the last week of March and this is a welcome sign for the ecosystem.
The RBI is set to introduce a shared responsibility framework for unauthorized digital payment transactions. This will involve both customer and beneficiary banks in bearing liability. The regulator is also exploring a switch-on/switch-off facility for all digital payment modes. An open and interope
Enterprise SaaS startup Meritto’s parent entity NoPaperForms’ received approval from the Securities and Exchange Board of India to go ahead…
Update | March 27, 9:50 IST Hours after the story was published, Plazza cofounder Aman Priyadarshi said the startup is…
Sony is increasing prices for its PlayStation 5 consoles worldwide. This move comes as component costs rise, impacting supply for consumer devices. The standard PS5 will now cost $649.99 in the U.S. Similar price adjustments are happening in Europe and Japan. Analysts predict this will slow growth i
A parliamentary committee has criticized the Ministry of Labour and Employment for low candidate placements via the National Career Service portal, urging immediate portal amendments to track placement data effectively. The committee also highlighted a pilot scheme under the National Apprenticeship
The Delhi High Court (HC) has granted an interim relief to JioStar India for blocking illegal streaming of the tournament…
India's unemployment rate dropped to 3.1% in 2025. This positive trend shows progress in job creation across various sectors and for both men and women. Rural unemployment saw a decrease, as did urban unemployment. Youth unemployment also declined. Labour force participation increased, especially fo
The government has asked telcos and subsea operators to assess risks to India's data cables amid the war in West Asia. This and more in today's ETtech Top 5.
Remember athleisure? The term coined for workout wear and weekend wear stormed the market in the 2000s, entered the dictionary…
Apple is introducing device-level age verification in the UK and South Korea, limiting apps, content, and account actions based on users’ age, amid growing global pressure to strengthen child safety online. The post Apple rolls out device-level age verification in UK & South Korea appeared first on
The funding will be used by MTandT Rentals to expand its equipment fleet and presence in the country
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. How a couple of ski bums built the internet’s best weather app The best snow-forecasting app for skiers isn’t a federally-funded service or a big-name brand. It’s
Parliament has approved the Finance Bill 2026. This marks the completion of the budgetary exercise for the upcoming fiscal year. The Union Budget 2026-27 outlines significant expenditure and capital investment. Key proposals include changes to Securities Transaction Tax and the extension of the ITR
The March 2026 released ITSAR document by NCCS says "source code shall be made available either at Telecom Security Testing Lab premises or at a mutually agreed location" for IoT devices like smart electric meters. The post What DoT’s continued push for source code access mean for manufacturers appe
The Supreme Court has flagged a growing issue with AI-generated judgments in courts. The concern may be bigger than it seems. The post Supreme Court flags AI-Generated fake judgments as “menace” appeared first on MEDIANAMA .
A California jury found Meta and Google liable for teen addiction harms, igniting debate on design liability, free speech, and accountability, with experts calling it a turning point for Big Tech regulation. The post ‘A new world’ or dangerous precedent for free speech? reactions to jury finding Met
India's foreign exchange reserves saw a significant drop of over USD 11 billion. This decline occurred in the week ending March 20. The main reason for this fall was a sharp decrease in the value of gold holdings. Despite this, foreign currency assets, a major component, saw an increase. Overall res
For the first time, the programme is also open to startups that do not belong to the VC firm's portfolio.
On Wednesday, a Los Angeles jury found both Meta and YouTube liable for harms to children using their services. A day earlier in New Mexico, a jury determined that Meta knowingly harmed children's mental health and concealed what it knew about child sexual exploitation on its platforms.
Traders are betting thousands of dollars on the company's ticker and speculating over its entry into the most elite club of US companies, giving the world's most valuable startup a level of social media buzz that only a few companies enjoy, especially when they are yet to file their IPO paperwork.
Fintech SaaS startup Uncia has raised $3 Mn (about ₹25 Cr) from Hyderabad-based VC firm Pavestone. The startup intends to…
India's joblessness eased in 2025, with the unemployment rate dropping to 6.5 percent. Educated individuals and urban women saw improved employment conditions. More people are now in regular wage jobs. Manufacturing and services sectors gained employment. Youth unemployment also saw a reduction. Ove
Namma Yatri has made its first move into Europe, but the bigger story lies in how it plans to compete. The post Namma Yatri acquires Dutch mobility firm Automicle: Can it replicate its zero-commission model in Europe? appeared first on MEDIANAMA .
The facility, which matures in March 2027, was arranged with lenders including JPMorgan Chase, Goldman Sachs, Mizuho Bank, Sumitomo Mitsui Banking Corp and MUFG Bank.
Ruling that the Pentagon's 'supply chain risk' tag on Anthropic might be 'unlawful', Judge Lin said the record supports that the AI company is "being punished for criticising the govt in the press". The post US court halts the Pentagon’s ‘supply chain risk’ tag on Anthropic appeared first on MEDIANA
Real growth often begins with loss. This article explores why letting go of old identities is essential to truly living a more meaningful life.
The tech giant's Rise program combines educational support, career counseling, and mentorship to nurture girl scholars from underrepresented communities
Austrian news agency APA said on Friday that Austria is going to ban social media for children up to the age of 14 following lengthy negotiations within the ruling coalition. Australia introduced a social media ban for under-16s in December, the first country to do so. Various countries are consider
A key finding from the report highlights the growing dominance of mule networks, with 48 per cent of Indian enterprises identifying them as the most difficult fraud threat to detect and control, ahead of phishing, synthetic identities, account takeover, and social engineering (which came second with
This week I reported on some rather unusual research that focuses on the brain of L. Stephen Coles. Coles was a gerontologist who died from pancreatic cancer in 2014. He had spent the latter part of his career specializing in human longevity. And before he died, he decided to have his brain preserve
As governments tighten control over the internet, companies face difficult choices. This conversation explores the tensions shaping the digital world. The post Cloudflare’s legal chief on internet fragmentation, VPNs, and the limits of state control appeared first on MEDIANAMA .
At SheSparks 2026, Shalvi Chitkara of Genpact on career pivots, institutional change, and why women must build, not just use, AI.
MediaNama files RTIs with the Department of Telecommunications seeking data on SIM binding compliance, enforcement actions, and consultations amid missed deadlines and lack of transparency. The post RTI Filed: Platforms missed SIM binding deadline, what is the action taken by DoT? appeared first on
China's commerce ministry has launched two counter-investigations into US trade practices. These probes aim to address US actions that impede Chinese product exports. The investigations are expected to conclude within six months. China will implement measures based on the findings to protect its int
Lloyds said a software defect during an overnight update caused the breach, which affected customers at Lloyds, Halifax and Bank of Scotland, with 114,182 people clicking on transactions that revealed other users' personal information.
The funding marks Uncia’s first institutional round and will be used to grow its presence in India and expand presence into the Middle East and North Africa (MENA), as well as North America. The fundraise comes at a time when enterprise-focused fintechs, particularly those building AI-led infrastruc
A new report on children’s data practices across major platforms has prompted NHRC action, raising questions about compliance and oversight. The post NHRC issues notice to MeitY over lapses in children’s data protection on major online platforms appeared first on MEDIANAMA .
Fino Payments Bank has deferred seeking shareholders’ nod on the reappointment of its CEO and MD Rishi Gupta after his…
Despite a government campaign to encourage the use of domestic semiconductors, the Shenzhen-based firm struggled to persuade big tech firms in the private sector to adopt its current flagship chip, the Ascend 910C, in large quantities, industry sources have previously told Reuters.
A data leak revealed Anthropic is developing “Claude Mythos”, its most powerful AI model yet, now in early testing. Exposed files showed details about the new models and cybersecurity risks that may result from it. The company blamed human error for the data leak.
At SheSparks 2026, three women who built companies in healthcare, aviation, and consumer hardware, sat down to talk about credibility and what it really takes to lead in industries where the margin for error is almost zero.
Indias wheat harvest in 2026 is projected to increase from the previous year. However, unseasonal rains and hailstorms have impacted the maturing crop. This has led to a downward revision of initial production estimates. Despite these challenges, the harvest is still expected to surpass last year's
The decision sparked outrage in China, which is locked in an intensifying race with the United States to develop the most cutting-edge AI models. NeurIPS provides a crucial forum for researchers and companies worldwide to submit peer-reviewed research, discuss the latest breakthroughs in AI and re
Chinese universities have previously acquired restricted chips in servers made by Super Micro and other manufacturers, Reuters reporting from 2024 shows. But the continued practice, particularly by institutions with links to the PLA, is likely to stoke concerns of some U.S. lawmakers.
Iran War: Elevated global energy prices due to West Asian geopolitical developments may pressure India's fiscal position in FY27. While higher crude and gas prices could increase subsidy requirements and impact revenue, available fiscal buffers like the Economic Stabilisation Fund and expenditure sa
Raising the matter during Zero Hour in the Upper House, O'Brien said studies indicate that children and youth are spending up to eight hours a day on screens and mobile phones -- amounting to more than 100 days every year.
This global recognition highlights the institute's excellence in research, education, and animal health services.
Drug discovery has long been defined by time, cost, and repeated failure. Medvolt AI is using OpenAI-enabled intelligence to reduce experimental cycles and move promising molecules forward faster.
As the financial year ends, March offers homebuyers a window to align tax planning, financial clarity, and faster loan processing. March 2026 presents a strategic window for individuals planning to purchase a property. As the financial year draws to a close, many buyers review their finances, as
The Enforcement Directorate (ED) has attached properties worth ₹1,700 Cr in Dubai and New Delhi belonging to Sourabh Chandrakar, one…
India’s Online Gaming Authority is now live, but its website tells a different story. Early signs suggest gaps that raise bigger questions. The post Online Gaming Authority of India website live, appears to be under construction, as rules still not notified appeared first on MEDIANAMA .
Sycophancy or behaviour that was overly agreeable and affirming is complicated. While few people are looking to AI for factually inaccurate information, they might appreciate - at least in the moment - a chatbot that makes them feel better about making the wrong choices.
Google launched “switching tools” in Gemini, letting users import “memories” and full chat histories from other AI apps. The feature quickly transfers preferences and context, making adoption easier. The move targets to attract users of rivals like OpenAI and Anthropic and make them switch to Gemini
Some account owners use artificial intelligence to manipulate real images of non-disabled women, making them appear to have Down syndrome, a genetic condition caused by an extra chromosome. "This is a scam and is not only in bad taste but is potentially offensive and hurtful to people who have Down'
The United States Department of State launched a new USD 250 million Pax Silica Fund initiative, designed to reinforce the security and reliability of global semiconductor supply chains.
OpenAI's ChatGPT ads pilot in the United States has crossed the $100 million annualised revenue mark within six weeks of launch, a company spokesperson said on Thursday, pointing to robust early demand for the AI startup's nascent advertising business.
Anthropic PBC is considering going public as soon as in October, according to people familiar with the matter, as the artificial intelligence company races with rival OpenAI Inc. to hold an initial public offering.
Forrestor expects tech services spending in the U.S to grow by 5.2% in 2026, and global tech services spending to grow at 4.6%, with the latent demand for AI-led services expected to fuel service providers’ revenue growth, Sharma highlighted.
The Reserve Bank of India will keep its key interest rate at 5.25%. This decision is expected to hold until mid-2027. Benign price pressures allow the RBI to assess the impact of the Middle East conflict. Inflation remains below the target. Economic growth is strong. The conflict poses risks to pric
People today want something different from their careers. A paycheck matters, of course, but it no longer stands alone. Workers want well-being, flexibility, and the chance to do work that feels genuinely meaningful.
Ipsita Dasgupta, Senior VP & Managing Director, HP India, Bangladesh & Sri Lanka, talks about navigating diverse roles. AI and engineering influencer Arsh Goyal says AI may commoditise certain parts of coding, but the deeper craft of engineering remains firmly human.
Netflix, which has more than 325 million subscribers, had scrapped its cheapest ad-free plan, called basic, in 2023, leaving users with its more expensive premium and standard plans, as well as the standard plan with ads.
Happy Friday! AI and lower-cost talent have given a hiring advantage to countries like India, Philippines and Brazil. This and more in today’s ETtech Morning Dispatch.
Chinese Ambassador Xu Feihong asserted that India and China's remarkable development stems from their people's hard work, not external generosity. He criticized unnamed elements for hyping the "China threat" to profit from discord, urging independent thinking among youth. Xu emphasized the importanc
David Sacks was appointed to his role in December 2024, but under US rules, special government employees are limited to 130 days of work in a 12-month period. The cap applies to days worked rather than the overall length of the appointment.
A federal judge temporarily stopped the Department of Defense from calling Anthropic a security risk, allowing federal contracts to continue. The dispute involves a $200 million deal and limits on AI use in warfare. Anthropic filed lawsuits, claiming harm and rights violations, while the Pentagon ar
Meta said it will raise spending on its El Paso Texas AI data centre to $10 billion to reach one gigawatt by 2028. Big tech firms are racing to build AI infrastructure. The El Paso facility will lead to the creation of 300 new jobs once operational, with over 3,000 construction workers expected o
Apple is developing tools to let chatbot apps installed via its App Store work with Siri and other features under its Apple Intelligence platform, Bloomberg News reported. Users would be able to choose which AI service handles each request. The overhaul could also help Apple generate more revenu
The round will be led by Nandan Nilekani-founded Fundamentum, with participation from Peak XV Partners, Z47 (previously Matrix Partners India), and RTP Global. Earlier in February this year, it had raised $25 million in a round led by Peak XV Partners. Post-fundraise, the Bengaluru-based fixed-incom
While US tech firms cut thousands of jobs due to AI-led efficiency, hiring remains strong in India, the Philippines and Brazil, where lower costs give a commercial edge. Senior engineers in Bengaluru cost $52,000 versus $280,000 in California. Hiring in India is expected to grow further in 2026.
While the capital deployment is aggressive, Karan Uppal, vice-president of Phillip Capital, highlighted that from a revenue contribution perspective, these acquisitions are still not large enough. The nearly $300 billion Indian tech services industry is expected to see a revenue deflation of 2-4% in
Under the business transfer agreement, the buyer will be a joint venture between ParadigmIT and AM Intelligence Labs Private Limited, promoted by the founders of the Greenko Group.
The fashion and lifestyle segment is seeing renewed investor interest, with early-to-mid-stage brands like Zouk, Slikk and Klydo raising $10–35 million. Growth is driven by quick commerce, better inventory management, artificial intelligence and niche categories. India’s $70 billion apparel market i
Indian refiners are resuming purchases of Iranian crude oil and LPG following the temporary lifting of US sanctions, aiming to offset supply disruptions from the Strait of Hormuz. Iran has stated that vessels from "friendly" nations, including India, will be permitted passage, potentially easing fue
Turkiye has removed its objection to the China-led Investment Facilitation for Development agreement becoming a plurilateral pact within the WTO. The United States has proposed interim plurilateral arrangements for such agreements. A meeting is scheduled for March 28 to discuss the request from 128
Corporate social responsibility spending by Indian companies has surged significantly over the last decade. However, a recent study reveals that aspirational districts, facing developmental challenges, have received only a small fraction of this investment. While over ₹1.22 lakh crore has been spent
India's sugar sales are down this month. Restaurants and hotels are cooking less because of LPG supply issues. This means sugar mills are not meeting their government-set sales quotas. March usually sees lower sugar demand after the holiday season. Global sugar exports are also slow due to market is
India urged consensus on WTO plurilateral outcomes and careful reconsideration of the e-commerce duty moratorium. The US wants the moratorium made permanent. Commerce Minister Piyush Goyal also called for restoring the dispute settlement system and effective special and differential treatment. Discu
India's economy faces pressure from the West Asia conflict. Economists predict a growth slowdown for FY27. Higher crude oil prices and supply issues are impacting stability. Several key sectors are expected to be affected. Forecasts for India's economic growth have been revised downwards by multiple
Passion may spark a startup, but it cannot sustain it. Here is why founders must focus on product-market fit, feedback, and execution to succeed.
India urged WTO members to restore the dispute settlement system's functionality, highlighting its current dysfunctionality prevents effective redressal for member countries. Additionally, the Commerce Minister called for a careful reconsideration of extending the moratorium on customs duties for e-
Maharashtra attracts almost half of India Inc's corporate social responsibility spending. However, the nation's most underdeveloped 'aspirational districts' are not receiving adequate focus. Companies are increasingly managing CSR projects directly, moving away from non-government organizations. Edu
Commerce Secretary Rajesh Agrawal met with representatives from the European Union, Russia, New Zealand, Peru, and Mexico. These discussions took place during the WTO MC14 conference. The talks focused on advancing trade agendas and resolving issues concerning trade deals. Progress on the India-EU F
India urged consensus-based integration of plurilateral outcomes into the WTO framework, cautioning against additional obligations for non-participants. Commerce Minister Piyush Goyal also called for careful reconsideration of the e-commerce moratorium on customs duties and restoration of the disput
Telehealth company eMed has secured $200 million in funding, boosting its valuation to over $2 billion. This investment will fuel the development of its agentic AI platform. eMed is also introducing a new healthcare payment model designed to reduce employer healthcare expenses.
India's budget for FY2027 faces challenges due to rising global oil and gas prices. The West Asia conflict is pushing up costs, potentially increasing fertilizer and fuel subsidies. This could impact government revenues and corporate tax collections. Measures like using the Economic Stabilisation Fu
Insurtech major Go Digit has received a tax demand worth ₹384.4 Cr, including applicable interest of ₹100.4 Cr, from the…
Early stage VC firm Pentathlon Ventures has marked the final close of its second B2B tech fund at ₹255 Cr…
Defense technology startup Shield AI is securing $2 billion in funding at a $12.7 billion valuation. This significant investment will fuel the expansion of its artificial intelligence-powered software. The company's technology enables drones and aircraft to operate in challenging environments. Shiel
The OECD has lowered India's FY27 growth forecast to 6.1% due to global uncertainty and rising energy prices, despite expected support from reduced US tariffs. Inflation is projected to rise sharply to 5.1% in FY27, prompting the OECD to anticipate a temporary policy rate hike in India during Q2 202
Specialty chemical startup Scimplify is in talks to raise $30-40 million from Japanese investors led by Hitachi Ventures, valuing the company at $300 million post-money. This funding will support Scimplify's expansion into Japan and Europe, building on its success in aggregating manufacturing capaci
Special Judge for Trial of Economic Offences Cases Hyderabad has granted bail to Fino Payments Bank’s managing director Rishi Gupta…
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, March 26, 2026.
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Why this battery company is pivoting to AI Qichao Hu doesn’t mince words about the state of the battery industry. “Almost every Western battery company has either
AI infrastructure startup Deccan AI has raised $25 Mn (around ₹235 Cr) in a funding round led by A91 Partners,…
The acquisition marks Moving Tech’s international expansion and extends its zero-commission, open-network model, developed in India, to European cities.
A parliamentary panel has highlighted a funding gap for AMDER. This underinvestment in uranium exploration could threaten India's nuclear energy future. The committee recommends restoring Rs 118.18 crore. Uranium discovery takes years. Reduced investment now means a fuel supply bottleneck later. Str
India has launched an investigation into paperboard imports from China and Indonesia. The probe follows allegations that subsidies provided by these countries are harming Indian manufacturers. The Directorate General of Trade Remedies will determine if these imports are causing injury.
Adani Group is in talks with big tech firms Meta and Google to explore partnerships for its data centre business.…
Probiotics manufacturer ELMED Life Sciences has secured $2.7 Mn (₹25.4 Cr) in a Series A funding round from NABVENTURES-managed AgriSURE…
Early stage VC fund Pentathlon Ventures plans to invest in around 16-20 B2B startups at the seed stage
The best snow-forecasting app for skiers and snowboarders isn’t from any of the federally funded weather services. Nor from any of the big-name brands. It’s an independent app startup that leverages government data, its own AI models, and decades of alpine-life experience to offer better snow (and s
I live in a dense city with plentiful public transportation options and limited parking, so I don’t own a car. I’m often utterly clueless about the current price of gasoline. But as the conflict in Iran has escalated, fossil-fuel prices have been on a roller-coaster, and I’ve started paying attentio
D2C nutrition brand BeastLife has raised ₹20 Cr (about $2.1 Mn) in its pre-Series A funding round at a post…
Namma Yatri parent Moving Tech Innovations has acquired Netherlands-based mobility startup Automicle to enter the European market. The financial terms…
The debut highlights its sustained contributions to agri-food systems, human capital development, and sustainable goals, positioning it as a leader in science-led agriculture.
Good decisions are not born overnight. Discover how mistakes, experience, and reflection shape smarter choices over time.
India faces a potential Rs 20,000-25,000 crore increase in its fertiliser subsidy bill. Domestic production of fertilisers may also fall by 10-15 percent. These impacts stem from ongoing Middle East conflicts disrupting raw material and fertiliser imports. The government's allocation of gas and exis
Iran War: Rattling oil markets and predictions of $150 per barrel are forcing a reevaluation of cheap energy's long-held economic assumptions. This price shock, rather than a catastrophe, could be a necessary correction, aligning incentives and accelerating the shift towards renewable energy and dig
Ride-hailing giant Uber has pulled the plug on shuttle operations in Delhi NCR following similar shutdowns in cities like Mumbai…
The insurtech startup will use the capital for hiring, technology upgrades, enterprise-grade security, AI-driven claims operations, and deeper integrations with HR and payroll systems.
The central government is holding discussions on restricting social media usage for minors, with the IT ministry holding at least…
Eastern India's exports face severe disruption due to the West Asia crisis. Freight rates to Europe and the US have surged by 60-80 percent. Hundreds of containers are stranded at Kolkata port. Production is squeezed, and exporters are experiencing significant drops in export volumes. Shipping lines
India's gold industry is shifting focus from buying to investing. The nation aims to reduce its reliance on imported gold by boosting local refining and recycling efforts. Plans are underway to make India a global center for gold refining and trading. These changes will position India for a greater
Iran War: Asian economies are struggling as a surging dollar, driven by Middle East conflict and investor flight to safety, weakens their currencies. This exacerbates already high energy costs, with countries like India and South Korea facing significant economic strain and implementing energy-savin
OpenAI Pulls The Plug On Sora OpenAI’s ambitious attempt to turn AI videos into a social phenomenon has come to…
Dhananjay Yadav has a ‘second brain’, hanging from a chain around his neck. It listens to every conversation he makes…
Plum has raised $20 million (Rs 193 crore) led by Peak XV Partners, with participation from existing investor Tanglin Venture Partners and new investor GMO Venture Partners. The funds will be used in talent, technology, and AI innovation.
Deccan AI has raised $25 million in a round led by growth equity firm A91 Partners, with participation from Susquehanna International Group (SIG) and Prosus Ventures, as it doubles down on building high-accuracy AI systems for enterprises and frontier model labs, the company's founder Rukesh Reddy t
Elmed Life Sciences has raised $2.7 million from Agrisure Fund, which is managed by Nabard-backed Nabventures. The company develops and manufactures probiotic and biological solutions for animal health, aquaculture, agriculture, and human health.
India is compiling detailed industry data following a US Section 301 probe into alleged excess capacity in sectors like petrochemicals and steel. The commerce ministry is gathering information on production, employment, and policy support to address US concerns about practices potentially burdening
The Indian rupee is weakening, raising concerns about rising imported inflation. Higher global oil and commodity prices, coupled with increased logistics costs due to the Gulf conflict, are being passed on to consumers. Economists warn that continued conflict and elevated prices will add to future i
India has maintained its retail inflation target at 4 percent for the Reserve Bank of India. This decision ensures continuity and price stability amidst global economic uncertainties. The framework, set for another five years until March 2031, obligates the RBI to manage monetary policy for price co
The minister directed officials of a high-level committee with representatives of various government departments to safeguard the interests of the Indian agriculture sector and farmers amid current global volatility and to ensure strategic preparation for the upcoming kharif season.
Listen to the session or watch below Whether it’s the race to find life on Mars, the campaign to outsmart killer asteroids, or the quest to make the moon a permanent home to astronauts, scientists’ efforts in space can tell us more about where humanity is headed. This subscriber-only discussion exam
Qichao Hu doesn’t mince words about how he sees the state of the battery industry. “Almost every Western battery company has either died or is going to die. It’s kind of the reality,” he says. Hu is the CEO of SES AI, a Massachusetts-based battery company. It once had aims of making huge amounts of…
Granola, an AI notetaking startup, is raising $125 million at a $1.5 billion valuation, led by Index Ventures, with support from Kleiner Perkins, Lightspeed Venture Partners and Spark Capital. Alongside the funding, the startup is launching new features for its app, including integrations with AI co
Legal software company Harvey has secured $200 million in funding, valuing the firm at $11 billion. This investment will fuel the expansion of its artificial intelligence agent. Harvey develops AI tools for law firms and corporate legal departments, automating complex legal tasks. The company's CEO
Axiom Math, a startup based in Palo Alto, California, has released a free new AI tool for mathematicians, designed to discover mathematical patterns that could unlock solutions to long-standing problems. The tool, called Axplorer, is a redesign of an existing one called PatternBoost that François Ch
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. This scientist rewarmed and studied pieces of his friend’s cryopreserved brain L. Stephen Coles’s brain sits in a vat at a storage facility in Arizona. It has bee
This fundraise comes as enterprises shift from AI experimentation to real deployment, with sharper focus on measurable outcomes. According to Gartner, global IT services spending covering consulting, implementation, and integration is projected to reach $1.9 trillion.
Imagine telling a digital agent, “Use my points and book a family trip to Italy. Keep it within budget, pick hotels we’ve liked before, and handle the details.” Instead of returning a list of links, the agent assembles an itinerary and executes the purchase. That shift, from assistance to execution,
The Burmese food-themed chain will use the fresh capital to expand into new cities and strengthen its presence in existing markets. It operates 21 restaurants across Delhi NCR, Mumbai, Bengaluru, Hyderabad, Kolkata, Ahmedabad and Chandigarh.
Fullife Healthcare, which owns nutrition brands Fast&Up and Chicnutrix, has raised Rs 300 crore in a funding round led by Elev8 Venture Partners. The consumer health company said it plans to use the fresh capital to expand into new categories such as digestive health, sleep support and protein-based
OpenAI is nearing a deal to raise about $10 billion from venture investors, lifting its latest funding round to roughly $120 billion. Backers include MGX, Coatue Management, Thrive Capital, and Altimeter Capital. The deal would support its push for computing power and talent, marking its largest fun
Euler Motors has raised Rs 437.5 crore ($47 million) in a funding round led by Lightrock, with participation from Hero MotoCorp and Blume Ventures. Additionally, the company has secured Rs 250 crore in debt from BlackSoil, Trifecta, InnoVen and Alteria Capital, as it looks to ramp up manufacturing a
Ozi has raised $6.2 million led by RTP Global with participation from existing investors Blume Ventures, Huddle Ventures, Zeropearl VC, and some angel investors. The funding will be used to deepen Ozi’s operations across Gurugram and NCR, invest in brand building and technology, and expand its produ
Swish has raised $38 million led by UK-based Hara Global and Bain Capital Ventures, with participation from Accel and others. Hara Global and Accel are existing investors in Swish, which has also raised venture debt as a part of this round from Alteria Capital and Stride Ventures, cofounder and CEO
Industrial47 and a group of angel investors participated in the funding round of the Bengaluru-based deeptech startup, which is building fusion energy systems — technology that aims to generate power the same way the sun does — by fusing hydrogen atoms to produce clean, near-limitless energy. The fr
Nebius closed a $4.34 billion convertible debt funding round on Monday, with a company executive saying that the European AI infrastructure firm is now "well-funded" to meet its 2026 capital spending plans of $16 billion to 20 billion.
Fitness startup Cultfit raised $47 million (Rs 440 crore) from Singapore-based Temasek, its first major funding in two years. The Bengaluru-based firm, founded by Mukesh Bansal and Ankit Nagori, has now raised over $650 million and reported strong revenue growth in FY25, driven by rising fitness and
Sunnyvale, California-based Synopsys, valued at over $80 billion, has for decades been one of the main suppliers of software used in determining how to arrange the tens of billions of transistors that make up chips from firms such as Advanced Micro Devices and Nvidia.
Founded in 2022 by Rahul Agarwal, Vivek Singhal, and Aditya Krishnakumar, Bidso operates as a contract manufacturing platform. The company manages the entire value chain from product design to final manufacturing.
Philippe Laffont’s $70 billion Coatue Management is gearing up to launch a new fund to wager on public and private artificial intelligence and tech innovation companies, a sign the firm is rethinking its long-only investing strategy as more startups stay private for longer.
The number of deals during the week was down significantly at 29, compared to 44 in the corresponding week last year.
India's Biotechnology Industry Research Assistance Council, BIRAC, marked its 14th Foundation Day. It has significantly boosted India's biotech startup ecosystem. BIRAC has provided substantial funding and incubation support. This has led to a surge in India's bioeconomy, now projected to reach $195
Anveshan is in advanced talks to raise Rs 150-200 crore from Vertex Ventures and the International Finance Corporation (IFC), the World Bank Group’s investment arm, people aware of the discussions told ET. The round is likely to value the six-year-old startup at Rs 900-1,000 crore, more than doublin
Burger Singh raised $8.8 million (Rs 82 crore) led by Artal Asia, reaching a Rs 520 crore valuation. The QSR chain will use funds to strengthen its tech and operations, expand its franchise ecosystem, and enhance its supply chain integration and on-ground market support. It runs over 200 stores acro
Aerchain raised $13 million led by Pavestone VC with IndiaMART joining. Founded by Harsha Kadimisetty and Himavanth Jasti, Aerchain’s platform is designed to automate a chunk of procurement tasks such as intake routing, policy enforcement, approval workflows, and vendor sourcing. The company said th
CometChat, a CPaaS firm founded by twins Anuj and Anant Garg, raised $6.5 million from Run Ventures, taking total funding to $21.1 million. The startup works with matrimonial platforms, restaurant chains, real estate brokerage firms, and hospital chains, and others.
VerbaFlo raised $7 million led by Pi Labs with investors Haatch, Navigate Ventures, Old College Capital and family offices, taking total funding to $9 million. Faisal Butt, founder and managing partner at Pi Labs, said the platform's impact is immediate and can deliver operational benefits, includin
Israeli cybersecurity firm Surf AI has secured fifty-seven million dollars in a private funding round. Accel led the investment, with Cyberstarts and Boldstart Ventures also participating. This capital will boost the development of Surf AI's AI-native security execution offerings. Their platform use
BambooBox raised $6.6 million led by Peak XV Partners Surge to expand globally and strengthen AI capabilities. Founded by Ankur Saigal and Divyesh Dixit, it builds an account-based marketing operating system, helping enterprise teams convert signals into revenue using AI-driven orchestration, automa
Grapevine was founded in 2023 by Jainam Dinesh Talsania, Shreeyash Nitin Dharmadhikari, and Saumil Sanjai Tripathi. It is a platform enabling open, anonymous conversations around topics such as careers, finance, workplace experiences, and personal issues. It competes with platforms such as Reddit, M
Other investors, including We Founder Circle, Alkemi Growth Capital and Alpha Capital, have also exited the company, Venture Catalysts founder Apoorva Ranjan Sharma told ET. Zerodha-backed Rainmatter and Natco Pharma continue to be part of the company’s investor base.
Atlys has secured $36 million in funding led by Susquehanna Asia VC, with support from existing investors and MakeMyTrip. The startup, processing 700,000 visas annually, plans to expand internationally and use AI to simplify visa verification, eligibility checks, and traveller support.
The company has raised $7.47 million to date and will use the new funds to scale production to about 100,000 GaN components over the next two years as it moves from pilot deployments to commercialization. The round also marks Shastra VC’s first investment in India’s semiconductor ecosystem.
Preventive paincare startup Betterhood has raised seed funding led by Kairon Capital. Founded in 2024, the company offers products for musculoskeletal health and posture support. The capital will fund product development, team growth, and offline and online distribution. Betterhood aims to shift con
Shailesh Lakhani, Harshjit Sethi and Mayank Porwal, who were previously with Peak XV (formerly Sequoia Capital India), have teamed up to early-stage fund to back seed and series A startups. Bengaluru-based Ambition Capital will back startups across consumer, AI, deep tech and fintech, which are the
