Categories

All News India Business Stock market Politics Sports Technology Startups Entertainment Hatke International Automobile Science Travel Miscellaneous
Source: Your story

Unacademy-upGrad deal began with an audacious pitch in 2020, says Screwvala

Startups

upGrad acquired Unacademy for $200 million in 2026, concluding a process that began with a 2020 proposal from Gaurav Munjal. While the companies initially differed in focus—Unacademy on test preparation and upGrad on higher education—their structural fit became evident as the edtech market shifted toward sustainable economics. The merger combines Unacademy's product savviness and consumer reach with upGrad's professional learning depth to enhance India's workforce.

Read Full Story
Next Story
Source: Your story

InsuranceDekho, RenewBuy announce merger to build pan-India insurance distribution platform

Startups

"Insurtech startups InsuranceDekho and RenewBuy have merged to create a pan-India insurance distribution platform operating under the InsuranceDekho brand. Led by Ankit Agrawal, the combined entity boasts a premium book exceeding Rs 6,600 crore and coverage across 98.57% of India's pin codes. By integrating AI-powered advisory and an extensive partner network, the Gurugram-based company aims to streamline policy issuance and expand insurance accessibility nationwide.".

Read Full Story
Next Story
Source: Your story

upGrad wraps up Unacademy acquisition at $200M

Startups

upGrad has acquired Unacademy in an all-stock transaction valued at over $200 million, allowing upGrad to enter the online test-preparation market. This deal marks a significant decline from Unacademy's 2021 peak valuation of $3.4 billion. Despite the lower price, Unacademy CEO Gaurav Munjal described the move as a strategic decision rather than a financial emergency, citing the company's existing profitability and substantial cash reserves.

Read Full Story
Next Story
Source: Your story

7 Quotes from Deep Work for anyone struggling with focus

Startups

argues that the ability to concentrate without distraction is a rare and valuable skill in the modern age. By prioritizing meaningful tasks and resisting constant stimulation, individuals can achieve better results and greater personal fulfillment. Newport emphasizes that deep focus not only enhances productivity and skill acquisition but also shapes one's identity, providing a significant competitive advantage in an increasingly distracted world.".

Read Full Story
Next Story
Source: Your story

Yuma Energy raises $35M in Series A from Magna International

Startups

"Yuma Energy, a battery-swapping venture co-founded by Yulu and Magna International, has raised $35 million in Series A funding led by Magna International. The company plans to use the capital to expand its infrastructure across India, targeting electric two- and three-wheeler users. Having already completed 60 million swaps, Yuma Energy aims to broaden its customer base and achieve EBITDA-positive operations by the 2027 fiscal year.".

Read Full Story
Next Story
Source: Your story

Kepler Aerospace bags $8M to deploy swarming satellites

Startups

Bengaluru-based Kepler Aerospace will use the seed funding to deploy six swarming ISR satellites and expand its mission operations and avionics businesses.

Read Full Story
Next Story
Source: Your story

How Magron is building ‘Generation 2’ of electric vehicles

Startups

Bengaluru-based EV startup Magron is developing three electric motorcycles alongside technologies such as wireless charging and an AI-powered riding assistant.

Read Full Story
Next Story
Source: Your story

Ashwini Vaishnaw highlights 20-year vision for India’s semicon industry

Startups

India is building a comprehensive semiconductor ecosystem to reduce strategic dependencies and compete globally. Following the success of Semicon 1.0, which approved twelve projects, the government launched Semicon 2.0 with a Rs 1.27 lakh crore outlay. This initiative targets the entire value chain, from chip design and fabrication to packaging and talent development. While commercial production has begun, the first silicon fab is expected by 2028.

Read Full Story
Next Story
Source: Tech Crunch

Magna increases bet on battery swapping in India with $35M for Yuma

Startups

Magna International is investing an additional $35 million in Yuma Energy, a Bengaluru-based battery-swapping firm for electric two- and three-wheelers. Targeting India's growing gig economy, Yuma aims to reduce vehicle downtime for delivery riders. The capital will be used to double Yuma's battery fleet and expand its infrastructure across Indian cities. While not yet profitable, the company plans to reach EBITDA break-even within two quarters.

Read Full Story
Next Story
Source: Your story

EquityList launches AI-native cap table and compliance OS

Startups

EquityList has launched an AI-native cap table and compliance operating system designed to streamline equity management. The platform integrates agentic AI to analyze documents, identify compliance gaps, and draft grants, transforming a traditional system of record into a system of intelligence. Serving over 650 companies globally, EquityList ensures security through human-in-the-loop approvals and strict certifications, enabling finance and HR teams to manage complex equity operations efficiently.

Read Full Story
Next Story
Source: Your story

How Tim Cook turned India into Apple’s growth engine; NIIF raises Rs 19,000 Cr infra fund

Startups

Zomato implemented a zero-tolerance policy for analogue dairy products following food safety crackdowns. India notified its Rs 1,27,500-crore Semicon 2.0 scheme to boost semiconductor design and manufacturing. Apple's Indian sales exceeded $10 billion, with 55 million iPhones assembled locally. Additionally, NIIF raised Rs 19,000 crore for infrastructure, Chile is building the Extremely Large Telescope, and the Bank of England warned about AI's financial risks.

Read Full Story
Next Story
Source: Tech Crunch

Lachy Groom backs Indian startup aiming to keep aircraft aloft for a year

Startups

"Bengaluru startup Alteon has raised $2.5 million in pre-seed funding led by Lachy Groom to develop autonomous aircraft capable of staying airborne for over a year. By utilizing dynamic soaring, a technique inspired by albatrosses, the aircraft will harvest energy from ocean winds for maritime surveillance. While early tests over the Bay of Bengal are promising, the team must still prove the aircraft can sustain energy-neutral flight.".

Read Full Story
Next Story
Source: Tech Crunch

Apple shares ‘shocking evidence’ against former employee accused of stealing company data for OpenAI

Startups

Apple has filed new evidence in its lawsuit against OpenAI, alleging that former employee Chang Liu used confidential circuit schematics and internal tools at the AI company. Apple claims Liu and a colleague attempted to destroy evidence during an investigation. While OpenAI attributes the data access to Apple's poor system management, Apple asserts Liu exploited a bug. Apple seeks an injunction to block OpenAI's hardware development.

Read Full Story
Next Story
Source: Tech Crunch

Polymarket reportedly raises $300 million from Donald Trump Jr.’s investment fund

Startups

"Polymarket has raised $300 million from 1789 Capital, a fund partnered with Donald Trump Jr., as part of a larger $1 billion funding round. This investment comes amid significant regulatory tension between state governments and federal authorities over the oversight of prediction markets. While many states are litigating against these sites, the federal government and Trump Jr. argue that the Commodity Futures Trading Commission should be the sole regulator.".

Read Full Story
Next Story
Source: Tech Crunch

a16z brings growth fund to $8.5B days after launching new $1.1B fund

Startups

"Venture capital firm Andreessen Horowitz has expanded its fifth growth fund to $8.5 billion and launched a new $1.1 billion "Machine Age Fund" targeting AI hardware. The growth fund supports scaling startups across enterprise AI, defense, robotics, and health tech. These moves reflect the rapid acceleration of AI companies. The firm, which manages $90 billion in assets, is also increasing its investments in politics and lobbying.".

Read Full Story
Next Story
Source: Tech Crunch

A group funded by Andreessen, Horowitz, and Brockman plan data center ads to sway midterms

Startups

Build American AI, a group affiliated with the super PAC Leading the Future, plans to spend millions on ads promoting data centers in Kansas, Ohio, and Wisconsin. Funded by figures like Marc Andreessen and Ben Horowitz, LTF supports pro-AI candidates. Despite this, OpenAI has distanced itself from LTF, citing concerns over transparency and astroturfing. Andreessen Horowitz remains a top political donor, investing heavily in AI and crypto.

Read Full Story
Next Story
Source: Tech Crunch

FTC accuses Amazon of running a ‘secret ad surcharge scheme’ in new lawsuit

Startups

"The FTC and 22 states have sued Amazon, alleging the company secretly inflated advertising costs for over one million businesses. The lawsuit claims Amazon manipulated its auction system by introducing hidden surcharges and fake bidders, effectively charging advertisers their full winning bids instead of the promised second-price rate. Amazon has denied these allegations, calling the lawsuit misguided and arguing that the FTC misunderstands how its advertising auctions operate.".

Read Full Story
Next Story
Source: Tech Crunch

The Pentagon now has its own version of ChatGPT and Grok

Startups

The Pentagon has integrated custom versions of OpenAI’s ChatGPT and xAI’s Grok into its secure GenAI.mil portal, providing 3 million personnel with generative AI tools tailored for military needs. These secure versions prevent sensitive data leaks common in consumer products. While ChatGPT Mil focuses on administrative tasks, Grok aims to enhance mission precision. This expansion follows a dispute with Anthropic and reflects broader efforts to maintain a technological edge.

Read Full Story
Next Story
Source: Tech Crunch

Instagram puts new limits on undisclosed AI profiles

Startups

Instagram is renaming its "AI creator" label to "AI-generated profile" to clearly identify accounts featuring AI-created people. To prevent user deception, the platform will limit the reach of accounts that fail to disclose AI-generated subjects. However, those using AI for minor edits or graphics remain exempt. This move follows growing concerns over deceptive AI influencers and health personalities, alongside Meta's broader regulatory challenges and settlements.

Read Full Story
Next Story
Source: Tech Crunch

Apple’s top App Store exec, Phil Schiller, follows wave of exits as CEO Tim Cook steps down

Startups

Tim Cook is stepping down as Apple's CEO, with John Ternus taking over the leadership role. This transition coincides with a wave of executive departures, including Phil Schiller, who is leaving his App Store leadership position to become an Apple Fellow. Other retiring executives include Jeff Williams and Jennifer Bailey. Ternus now faces the challenge of rebuilding the company's leadership team amidst these significant organizational changes.

Read Full Story
Next Story