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6 Books that explain the hidden economics of everyday life

Startups

Economics extends beyond finance, influencing daily choices through incentives, behavioral patterns, and market structures. Six influential books explore these hidden forces: *Freakonomics* examines incentives, *The Undercover Economist* analyzes ordinary markets, *Misbehaving* and *Nudge* focus on behavioral psychology, *The Wisdom of Finance* links finance to human experience, and *Doughnut Economics* emphasizes sustainability. Together, these works demonstrate how economic principles shape human behavior and societal outcomes.

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Micromax Informatics launches Rs 250 Cr family office to invest in deeptech startups

Startups

"Micromax Informatics has launched a family office with a Rs 250 crore corpus to invest in deeptech startups globally. Focusing on AI, semiconductors, defence, space technology, and robotics, the fund targets pre-Series A to Series B stages with ticket sizes between Rs 10 crore and Rs 20 crore. Beyond capital, the office will provide strategic support in manufacturing and commercialization through the broader Micromax ecosystem.".

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boAt FY26 net profit soars 38% to Rs 84.5 Cr

Startups

Consumer electronics brand boAt reported a 38% increase in profit after tax to Rs 84.5 crore for FY26, with revenue reaching Rs 2,931 crore. The company's wearables segment turned profitable, earning Rs 7 crore, while international revenue more than doubled to Rs 45 crore. With zero bank debt and Rs 397 crore in cash reserves, boAt now aims for growth through international expansion and new product categories.

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TN launches AI, deep-tech push with new initiatives

Startups

Tamil Nadu is launching several initiatives to become a national leader in AI and deep-tech innovation. Key measures include the Rs 50 crore Vetri Tamil Nadu Deep-Tech Innovation Fund, with 25% reserved for SC/ST founders. The state plans an AI Technology City, a Rs 20 crore program for AI Centres of Excellence, a high-performance GPU cluster, and a Rs 5 crore Super App for government services.

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Source: Tech Crunch

Ventures Platform goes bigger — and broader — with its second Africa fund

Startups

Ventures Platform has raised an oversubscribed $83 million second fund to expand its early-stage investments beyond Nigeria into Kenya, South Africa, and Egypt. The firm will target fintech, healthcare, SaaS, and AI-driven businesses that improve cost structures. With check sizes up to $3 million, the fund emphasizes capital efficiency and proven returns, reflecting a more selective venture market. Key backers include Norfund and the European Bank for Reconstruction and Development.

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Goyal proposes India-Japan 'Shark Tank' style startup series to boost investments, business ties

Startups

Commerce and Industry Minister Piyush Goyal proposed a virtual, Shark Tank-style pitching series to connect Indian and Japanese startups with investors and business partners. This initiative aims to deepen commercial ties by facilitating investments and scaling innovations. Goyal also suggested establishing a deeptech capital corridor to attract Japanese patient capital for early-stage funding, leveraging India's vast market and design capabilities to foster mutual economic prosperity.

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India is the fastest-growing major economy in the world with strong investment opportunities: Nirmala Sitharaman

Startups

"Indian Finance Minister Nirmala Sitharaman urged Canadian investors to capitalize on India's status as the world's fastest-growing major economy. Highlighting India's digital infrastructure and young population, she emphasized opportunities in fintech and banking. Sitharaman noted the strengthening bilateral ties, including CEPA negotiations and a goal to double two-way trade to CAD 70 billion by 2030, while positioning the Indian diaspora as a strategic bridge between nations.".

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Voice AI startup Ringg AI raises $10M in Series A led by Peak XV Partners

Startups

"Bengaluru-based voice AI startup Ringg AI has raised $10 million in a Series A extension led by Peak XV Partners. The company develops context-aware AI agents for voice, WhatsApp, and browser interactions to automate enterprise customer conversations. Ringg AI plans to use the funding to enhance its proprietary models and expand its global market presence, serving clients like Flipkart and CRED across various industries.".

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What’s next for Chandra after Ta-ta

Startups

India's data center market is expanding rapidly, with projections reaching 100 million square feet by 2030. Infineon Technologies is acquiring C2i Semiconductors to enhance AI power solutions. Meanwhile, Kedaara Capital invested $200 million in Tynor Orthotics for global expansion. Other news includes a $7 billion French-Saudi entertainment deal, Bitcoin surpassing $80,000, and N. Chandrasekaran's upcoming departure as Tata Sons chairman in February 2027.

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Why embracing change is the only way to understand it

Startups

Many people instinctively resist change due to uncertainty and a desire for stability. However, true clarity and growth often emerge only through direct experience and action. By embracing adaptability and taking the first step, individuals can overcome overthinking and discover hidden strengths. While change can be uncomfortable, moving forward allows people to navigate transitions effectively and find stability through their ability to adjust to new circumstances.

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Source: Tech Crunch

India’s Ringg gets backing from Peak XV as it pushes voice AI past the phone call

Startups

Voice AI startup Ringg has raised $10 million from Peak XV Partners, bringing its total Series A funding to $15.5 million. Targeting the Indian market, where phone calls remain the preferred communication method, Ringg provides AI agents for complex enterprise workflows like healthcare booking and fintech onboarding. The company serves major clients including Flipkart and Practo, while expanding into chat and WhatsApp to offer outcome-driven automation.

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Ten years of UPI: The infrastructure that quietly rewrote how India lives

Startups

"India's Unified Payments Interface (UPI) has revolutionized financial inclusion, growing from 1.78 crore transactions in FY17 to over 20 billion monthly. By facilitating seamless digital retail payments and supporting the economy during the pandemic, UPI now serves 504 million users. India is now exporting this infrastructure to multiple countries, demonstrating its capability to build scalable deep technology. Future developments include AI-led payments and programmable money.".

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How AssessPrep is turning test scores into data schools can use

Startups

AssessPrep is a Gurugram-based AI assessment platform serving over 800 schools across 85 countries. It streamlines the testing cycle by creating, delivering, grading, and analyzing assessments for international curricula. By tagging questions to specific standards, the platform provides detailed insights into student learning gaps. Bootstrapped and profitable, AssessPrep uses AI to reduce teacher workloads while maintaining human oversight to ensure grading accuracy and data privacy.

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AI is changing both sides of the job hunt. Applying more won’t fix it

Startups

India's graduate unemployment persists as traditional high-volume job application strategies fail against modern keyword-based filtering. While ATS auto-rejection myths are common, the real issue is a lack of precision in applications. As both candidates and recruiters adopt AI, the resulting volume of mismatched applications increases. Success now requires using AI selectively to prioritize fit and tailoring over quantity to effectively connect with hiring managers.

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Source: Tech Crunch

Robotics startup Generalist reaches $3B valuation, sources say

Startups

"Robotics startup Generalist is now valued at $3 billion after raising nearly $200 million in additional capital led by 8VC. This extends a previous Series B round, bringing total funding to $600 million. Founded by former DeepMind and Boston Dynamics experts, the company is developing a general AI foundation model. Its Gen 1.5 model allows robots to learn new tasks from brief video demonstrations for various customers.".

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Source: Tech Crunch

OpenAI loses a top data center exec, as stream of high-profile departures continues

Startups

"OpenAI's head of data centers, Chris Malone, has departed following an infrastructure reorganization. His exit adds to a string of over a dozen senior executive departures this year, including key leaders in revenue, operations, and ethics. This significant talent flight occurs as the company prepares for a potential 2027 IPO, raising external concerns regarding the firm's valuation and profitability amidst massive infrastructure investments and organizational instability.".

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Source: Tech Crunch

X sends cease-and-desist to open-source project Nitter over alleged scraping

Startups

X Corp has issued cease-and-desist letters to Nitter, an open-source project that enabled users to view X posts without accounts. X accuses the service of unlawful API circumvention and data scraping in violation of state and federal laws. Consequently, Nitter.net is offline and development has halted while the creator seeks legal counsel. This legal action follows previous technical attempts by X to disable the third-party reader.

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Source: Tech Crunch

Instagram’s ‘First Draft’ feature aims to make editing Reels less tedious

Startups

Instagram has introduced "First Draft," a new editing feature for Reels that automatically trims video clips and removes pauses to create a quick initial cut. Initially available on iPhone, the tool aims to save creators time by reducing manual editing. This update follows other recent tool launches, including "Replace Audio" and "Series." The announcement coincides with Meta head Adam Mosseri's expected testimony in a social media addiction trial.

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Source: Tech Crunch

Stability AI, maker of image generator Stable Diffusion, raises $76 million in fresh funding

Startups

"Stability AI has raised $76 million in Series B funding, bringing its total to $232 million. The round included investments from Electronic Arts and major music groups like Universal, Sony, and Warner. CEO Prem Akkaraju stated the funds will expand the company's creative production suite and professional services. This follows strategic partnerships and legal battles over copyright, including a largely successful defense against Getty Images in the UK.".

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Source: Tech Crunch

SpaceX will build a second, $100B ‘Starbase’ spaceport in Louisiana

Startups

"SpaceX will build a second Starship spaceport in Louisiana's Vermilion Parish, investing $100 billion into a self-sustaining facility. Construction is slated for 2027, with launches expected by 2029 or 2030. The site aims to support Starlink and AI satellite networks while replacing the Falcon rocket program. This expansion is projected to create thousands of jobs, though SpaceX must first perfect Starship's reusability and address environmental concerns.".

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