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Source: Tech Crunch

Instacart launches an AI grocery shopping assistant called Clementine

Startups

Instacart launched Clementine, an AI-powered grocery shopping assistant now available in the U.S. and Canada. Clementine transforms conversations, recipes, or lists into ready-to-buy carts, helping users plan meals, manage budgets, and simplify shopping. It offers personalized recommendations, dietary options, deals, and can process handwritten lists. This positions Instacart to compete as a primary meal planning tool, aiming to keep users within its app for all grocery-related decisions, similar to rival delivery apps.

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Carrum Mobility raises $10M in Series B led by Uber

Startups

Carrum Mobility, a B2B fleet management platform, secured $10 million in Series B funding led by Uber, marking Uber's second investment. The capital will fuel expansion across India, strengthen its technology, and scale operations, supporting both Carrum's core mobility and Uber Black services. The company has nearly doubled its business, operates over 50.

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Source: Tech Crunch

Besxar is building an orbital semiconductor factory, one SpaceX rocket at a time

Startups

If you want to manufacture in spaceā€”and bring the products back againā€”thereā€™s a limited set of options: Wait to go to the International Space Station, or partner with a handful of start-ups launching spacecraft that spend time in orbit before they return to Earth. But the vehicle that goes to space and comes back to [ā€¦].

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Source: Tech Crunch

Hackers are stealing Claude tokens from subscribers

Startups

AI consultant Grant de Swardt and other users discovered unauthorized token consumption on their Anthropic Claude accounts. Anthropic attributed the thefts to compromised session keys and infostealer malware used by bad actors to siphon usage. While the company suspended affected accounts and issued some refunds, users criticized the lack of itemized usage tracking. Consequently, de Swardt cancelled his subscription, citing inadequate tools for users to detect misuse.

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Source: Tech Crunch

Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Startups

Cognition, the creator of coding assistant Devin, raised $2 billion at a $48 billion valuation, led by firms including Andreessen Horowitz. The startup's annualized run-rate revenue grew to $900 million, though high Nvidia server costs may lead to an $800 million cash burn this year. To reduce expenses, Cognition is developing its own models. Major enterprise clients include NASA and Goldman Sachs, signaling strong market demand.

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Source: Tech Crunch

The Exploration Company nabs $450 million to challenge SpaceX

Startups

"The Exploration Company (TEC) has raised $450 million in a record-breaking Series C round to develop reusable heavy-lift launchers and the Nyx cargo capsule. Aiming to reduce reliance on SpaceX and enhance European space sovereignty, TEC plans to dock Nyx with the International Space Station by November 2028. The company is utilizing advanced full-flow stage combustion engines to meet growing global demand for orbital access.".

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Source: Tech Crunch

Meta debuts its Muse AI agent. Will consumers trust it?

Startups

Meta has launched Muse, a personal AI agent for U.S. users designed to perform everyday tasks like booking travel and sending emails. The tool integrates with various apps and services, offering a free tier and paid subscriptions. While Meta emphasizes security through its Muse Secure VM, the launch comes amid significant privacy concerns and a history of legal settlements regarding the company's handling of consumer data.

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10 Books with tragic endings that stay with you forever

Startups

The article highlights ten novels known for their tragic, yet unforgettable, endings. These books, including "A Little Life" and "The Book Thief," explore complex themes like love, loss, and human endurance. Their devastating conclusions resonate deeply with readers, offering emotional honesty and reflecting life's imperfect resolutions. Such stories provide powerful, lasting literary experiences despite their heartbreak.

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White-collar hiring grows 14% in August led by auto, healthcare, retail: Report

Startups

August saw hiring growth across both IT and non-IT sectors and across experience levels. However, the hiring growth needs to be viewed in the context of the festive calendar, with a larger part of the festive period falling in August last year and shifting to September this year.

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Source: Tech Crunch

Eric Wuā€™s newest company, out of stealth since May, is going after constructionā€™s labor crunch

Startups

Eric Wu, who built and ran Opendoor before stepping away in 2022, has had his new company, NavigateAI, out of stealth since May ā€” building AI copilots that give construction workers real-time, hands-free guidance through smartphones and Meta's AI glasses, backed by $25 million from Elad Gil, Khosla Ventures, and Lennar to tackle a labor shortage severe enough that data center projects alone now need 4,000 to 5,000 workers apiece.

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Pixxel bags $100M in Indiaā€™s biggest spacetech fundraise; Food delivery app Swish to raise Rs 225 Cr

Startups

Dear Reader, eB2B platform Udaan is set to acquire Swiggyā€™s distribution business Lynk Logistics for Rs 500 crore. The transaction involves a share swap agreement following which Swiggy will have a minority stake in Udaan. The deal strengthens Udaanā€™s distribution network and helps expand its p.

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Source: Tech Crunch

Opaque recurrence, and other AI terms that you should probably know

Startups

AI's rapid evolution introduces a complex new vocabulary, making even experts feel insecure. This glossary clarifies essential terms like AGI, AI agents, and chain-of-thought reasoning. It defines concepts from autonomous coding agents and computational power to deep learning, diffusion, and model distillation. The guide also explains issues like AI "hallucination," aiming to help users understand the fast-evolving language of artificial intelligence.

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Udaan to acquire Swiggyā€™s B2B business Lynk for Rs 500 Cr

Startups

Swiggy acquired Lynk in 2023 The transaction will be a share swap agreement and following which Swiggy will have a minority stake in Udaan Swiggy, the food delivery and quick commerce company will sell its B2B distribution business Lynk to Udaan at an enterprise value of Rs 500 crore. This trans.

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Evenflow Brands signs Reebok licence to take the brand beyond shoes and apparel in India

Startups

Evenflow Brands secured a licensing deal with Authentic Brands Group to significantly expand Reebok's product range in India. The agreement covers manufacturing and distribution of Reebok adventure gear, sports accessories, support/recovery products, and inflatables. This move broadens Reebok's footprint beyond footwear and apparel, leveraging Evenflow's local expertise to tap into India's fast-growing fitness and outdoor activity segments through e-commerce and retail channels.

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Decoding Indiaā€™s new-age consumer: Cashfree, Consumer Collective by Atrium to host The Consumer Circle in Gurugram

Startups

Cashfree and Consumer Collective by Atrium are bringing together a select group of founders, operators, and investors in Gurugram on September 20 for The Consumer Circle, a closed-door discussion created to put hard-earned experience, real business challenges, and practical lessons on the table.

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Delhi govt holds roundtable with startup leaders to strengthen policy

Startups

"The Delhi government recently held a roundtable with prominent startup founders and investors to refine its Startup and Incubation Policy, 2026. Chief Minister Rekha Gupta emphasized Delhi's potential as an innovation hub, aiming to support over 10,000 startups and create four lakh jobs. The policy includes over Rs 400 crore in financial support and plans to establish incubation centers within Delhi University colleges and schools.".

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Paytmā€™s Vijay Shekhar Sharma predicts AI agents will ā€˜Eat Appsā€™ by 2027

Startups

"Paytm CEO Vijay Shekhar Sharma predicts that 2027 will mark the 'massification' of artificial intelligence, with autonomous AI agents replacing apps as the primary computing interface. Sharma envisions super-capable personal assistants handling complex workflows by late 2026, prompting businesses to launch agents globally. He further anticipates a shift in user identity and suggests that machine-generated code will surpass human programmers, accelerating the journey toward artificial general intelligence.".

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Spacetech Pixxel raises $100M to build next-generation EO infra

Startups

Bengaluru-based Pixxel has raised $100 million in a Series C round led by Temasek and Seraphim, marking the largest funding for an Indian spacetech firm. Bringing total funding to $195 million, the company will expand its sensing capabilities, develop the Aurora intelligence platform, and increase satellite production. This growth reflects a broader surge in India's spacetech sector, supported by favorable FDI policies and public-private frameworks.

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Ola Electric clears Rs 1,500 Cr fundraise; COO exits

Startups

OpenAI acknowledged AI agents hijacking a German wiki, emphasizing the need for better transparency. Meanwhile, social media trends like BookTok are reviving reading habits. In finance, 11 companies aim to raise Rs 7,055 crore through IPOs, while Ola Electric seeks Rs 1,500 crore amid losses. Additionally, Indian startup funding dipped to $196 million, and Jaguar Land Rover faces potential job cuts following a cyberattack and US tariffs.

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Source: Tech Crunch

Phil Schillerā€™s App Store exit reportedly driven by wariness over future plans

Startups

"Phil Schiller is stepping down as head of Apple's App Store to become an Apple Fellow, citing a desire for more family time and philanthropy. However, reports indicate he also disagreed with CEO John Ternus and Eddy Cue's plans to increase margins and recurring revenue. Schiller feared that prioritizing higher profits would intensify existing tensions and legal conflicts with global governments and app developers.".

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