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Andhra, Chhattisgarh, Bihar are outsmarting richer states on investments (without outspending)

Startups

India's industrial landscape is shifting as states like Andhra Pradesh and Chhattisgarh attract massive investments despite lower readiness scores. While traditional leaders like Gujarat rely on inherited infrastructure, challengers are prioritizing regulatory ease and statutory certainty to attract modern, automated factories. By legislating faster approvals and ensuring power reliability, these states are reducing execution risks, proving that governance and predictability now outweigh cheap labor in industrial competition.

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Quick commerce startup Homerun raises $12M in Series A+

Startups

The round is led by Nexus Venture Partners with participation from existing investors Sorin Investments, Titan Capital, Sparrow Capital and Consumer Collective by Atrium.

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6 Books that teach lessons from fictional characters

Startups

Discover 6 books where fictional characters teach powerful lessons about life, emotions, relationships, resilience, and personal growth.

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Meta apologises for temporarily removing PM Modi's Facebook post

Startups

Meta executives met with Indian Union Minister Ashwini Vaishnaw to apologize for the temporary removal of Prime Minister Narendra Modi's Facebook post. During the meetings, Meta admitted to failures regarding deepfakes, child sexual abuse material, and paid promotion of illegal content. The Indian government warned that Meta's safe harbour immunity under the Information Technology Act could be revoked due to its active content curation and algorithmic bias.

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Building a startup ecosystem in the mountains: How Jammu & Kashmir laid its foundation

Startups

Jammu and Kashmir is steadily building its startup ecosystem through policy support, incubators, funding and local entrepreneurs driving innovation.

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Freshworks turns profitable in Q2; Navigating the AI shift

Startups

The electric vehicle sector is projected to create up to 40 million jobs by 2030, while River Mobility secured $120 million in funding. Freshworks achieved Q2 profitability driven by AI demand, and Air India appointed Tewolde Gebremariam as CEO. Meanwhile, the New York Times saw a drop in shares due to slow subscriber growth, and a SpaceX rocket section crashed into the moon, raising space debris concerns.

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Cresa's fix for India's 12-billion sanitary pad disposal problem

Startups

Pune-based startup Cresa, founded by Sarika Pathak, has developed a 100% biodegradable, plastic-free sanitary pad to combat the environmental impact of conventional menstrual products. These pads dissolve in hot water within 80 seconds, reducing landfill waste and health risks for waste pickers. Sold via e-commerce and CSR partnerships, Cresa is now developing a fully water-soluble pad and exploring sustainable diapers to further improve menstrual hygiene.

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Source: Tech Crunch

Get up to $400 off your TechCrunch Disrupt 2026 pass until Friday

Startups

TechCrunch Disrupt 2026 will take place from October 13–15 at Moscone West in San Francisco, gathering over 10,000 tech innovators and investors. The event features specialized stages covering AI, finance, and scaling, alongside the Startup Battlefield competition. A limited-time flash sale is currently available, offering an additional $100 discount on passes until Friday, August 7, before pricing increases further on August 21.

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Source: Tech Crunch

Nikita Bier steps down as X’s head of product

Startups

"Nikita Bier has stepped down as head of product at Elon Musk’s social media platform, X, after serving for just over a year. Bier, who oversaw the launch of 30 new products, will transition to an advisory role. His tenure was marked by significant controversies involving the chatbot Grok, including the generation of offensive content and illegal imagery, which led to legal challenges for the platform.".

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Source: Tech Crunch

Travis Kalanick’s robotics startup Atoms taps former Uber finance chief as CFO

Startups

Former Uber finance chief Gautam Gupta has joined Travis Kalanick’s robotics and industrial AI startup, Atoms, as chief financial officer. This move follows a $1.7 billion funding round that included a $100 million investment from Uber. Kalanick is increasingly reuniting former Uber colleagues at Atoms, which targets the mining, food, and transportation sectors. Gupta leaves his venture capital firm, A.

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Source: Tech Crunch

Meta launches Muse Code, an AI agent for large code bases

Startups

"Meta has launched Muse Code, a beta terminal coding agent designed to help programmers manage complex tasks across large software repositories. Powered by the Muse Spark model, the tool utilizes parallel sub-agents to plan, write, and validate code without affecting the main working copy. Meta aims to compete with OpenAI and Anthropic by offering a cost-effective solution as it expands its enterprise AI capabilities.".

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Source: Tech Crunch

Trump’s DOJ gains oversight of OpenAI’s green-card employee sponsorships

Startups

"OpenAI and Statsig have settled with the Justice Department over allegations that they bypassed U.S. citizens when hiring for roles sponsored for permanent residency. The companies will pay $3.2 million, including a $1.2 million fine and $2 million for potential restitution. While not admitting wrongdoing, both firms agreed to three years of DOJ oversight and reporting to ensure compliance with the Immigration and Nationality Act.".

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Source: Tech Crunch

Moove raises $250M to become the backbone of the robotaxi industry

Startups

Moove, a vehicle financing and ride-hailing company, has raised $250 million in Series C funding at a $2.1 billion valuation to expand its autonomous vehicle operations. Led by Mubadala Investment Company, the funding will support scaling its AV fleet management, hiring 350 employees, and developing automated "Nest" depots. Moove currently operates as a fleet partner for Waymo and aims to eventually own hundreds of thousands of robotaxis.

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Source: Tech Crunch

How Lightspeed found their newest hire… via Instagram DM

Startups

Lightspeed venture firm has hired tech content creator Claire Zau to expand its social media presence and launch the "Lightwork" podcast with CMO Josh Machiz. By leveraging platforms like TikTok and Instagram, the firm aims to reach future founders and provide portfolio companies with storytelling opportunities. This strategy allows Lightspeed to gather real-time feedback on emerging technologies and make the venture ecosystem more accessible to diverse audiences.

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Source: Tech Crunch

Why Lightspeed is going all-in on creator-led venture capital

Startups

"Venture capital firms are increasingly hiring creators to establish trust with the next generation of founders. Following moves by a16z and OpenAI, Lightspeed Venture Partners has recruited seed investor and social media influencer Claire Zau to source deals and co-host the firm's new show, Lightwork. This trend highlights the emergence of the 'creator-investor' role, a strategy currently being explored and discussed on TechCrunch’s Equity podcast.".

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Source: Tech Crunch

Klaviyo acquires Elias Torres’ Agency in full-circle reunion for tech founders

Startups

Klaviyo, an e-commerce marketing automation platform, has acquired AI-powered customer success startup Agency. Agency founder Elias Torres will join Klaviyo as chief product officer, leading a 25-person team to enhance AI agents like Composer and Customer Agent. The acquisition reunites Torres and Klaviyo CEO Andrew Bialecki, who previously worked together at Performable. This move aims to leverage Klaviyo's extensive customer data to compete in the AI agent market.

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Source: Tech Crunch

Jeff Dean and other top AI researchers are leaving Google to launch their own startup

Startups

Jeff Dean, a longtime Google executive, is leaving the company to launch Discovery Loop, an AI startup focused on accelerating scientific research. Co-founded with other top Google researchers, the public benefit corporation aims to automate experimental loops and explore recursive self-improvement. The venture is backed by Alphabet, Radical Ventures, and Khosla Ventures, seeking to remove human bottlenecks and speed up the delivery of transformative technologies.

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Source: Tech Crunch

Reddit aims to make ‘karma’ less important for first-time posters with shift to AI moderation tools

Startups

Reddit is updating its infrastructure to improve user participation and combat spam. The company aims to reduce reliance on karma and account age for posting, implementing advanced abuse prevention instead. Reddit is also expanding its AI-powered Rules Hub to help moderators enforce community guidelines using large language models. These changes, alongside updates to Old Reddit, support the goal of converting weekly active users into daily participants.

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Source: Tech Crunch

Lucid Motors just delayed its affordable EV. Now what?

Startups

Lucid Motors has delayed the launch of its affordable Cosmos SUV until late 2027 to address persistent quality issues. CEO Silvio Napoli is leading a company-wide reset, including significant workforce cuts and a $1.4 billion cost-saving goal. Despite a sharp stock price drop following lowered production forecasts, Lucid is prioritizing a robotaxi partnership with Uber and Nuro, supported by the Saudi Arabian Public Investment Fund.

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Source: Tech Crunch

Meet the eight startups pitching at Startup Battlefield Australia

Startups

"Eight Australian startups have been selected to pitch at the TechCrunch Startup Battlefield during Stripe Tour Sydney on August 19. Representing sectors like enterprise tech and health, these finalists will compete for $15,000 in Stripe fee credits and a spot at TechCrunch Disrupt in San Francisco. The event provides these emerging companies with critical exposure to investors and press while showcasing the future of Australian innovation.".

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