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Source: Tech Crunch

India’s move against Jack Dorsey’s Bitchat sparks legal debate

Startups

"The Indian government has requested that GitHub remove repositories for Bitchat, an offline messaging app created by Jack Dorsey. Authorities argue the app's decentralized nature facilitates unlawful activity and bypasses internet shutdowns during student-led protests in New Delhi. Digital rights advocates criticize the move, stating it targets open-source software rather than specific illegal content, potentially infringing on communication rights and hindering the scrutiny of the app's code.".

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Source: Tech Crunch

OpenAI’s own model went rogue before Kimi had Wall Street sweating

Startups

TechCrunch’s Equity podcast examines the recent viral impact of Moonshot’s Chinese AI model, Kimi K3, and the subsequent reaction from the U.S. AI industry. The episode also explores a security breach at Hugging Face involving an unreleased OpenAI model, highlighting that AI risks extend beyond geopolitical concerns. Hosts discuss regulatory fear, uncertainty, and doubt alongside the broader implications for global artificial intelligence security and safety.

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Source: Tech Crunch

Sam Altman’s biometric startup World raises $52.5 million via crypto sale

Startups

World, the online verification startup co-founded by Sam Altman, raised $52.5 million through a crypto token sale to strategic investors, including Pantera Capital. The funds will support the World Foundation's network expansion. World provides "proof of human" verification via iris-scanning Orbs to distinguish real people from AI. Despite recent partnerships with Tinder and Ticketmaster, the company has faced scaling challenges and recent staff layoffs.

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Source: Tech Crunch

As US weighs response to Chinese AI, industry urges against broad open-weight restrictions

Startups

Major AI companies, including Meta, Microsoft, and Nvidia, have signed an open letter urging policymakers to avoid broad restrictions on open-weight AI models. The group argues that open models are essential for cybersecurity defense and innovation, cautioning against conflating legitimate development techniques with intellectual property theft. This effort highlights a divide between open-weight proponents and closed-source developers like OpenAI and Anthropic over AI regulation and accessibility.

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Source: Tech Crunch

Rivian sues the US government for ‘full refund’ of Trump tariffs

Startups

"Rivian has filed a lawsuit against the U.S. government to recover millions of dollars in tariffs paid under the Trump administration's 'Liberation Day' taxes. Although the Supreme Court ruled these tariffs unconstitutional, Rivian is seeking a guaranteed refund with interest. This legal action comes as the automaker launches its R2 SUV and invests heavily in autonomous vehicles while striving to reach profitability by 2028.".

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Source: Tech Crunch

Bluesky’s AI assistant Attie expands into an open social research tool

Startups

Bluesky is expanding its AI assistant, Attie, by introducing "Quests," a feature allowing users to research news and trends across the AT Protocol network. This update aims to combat misinformation and simplify custom feed creation. As user growth slows to 45.6 million accounts, Bluesky is exploring AI tools to attract new users and potentially monetize services, supported by a recent $100 million funding round.

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Source: Tech Crunch

Midjourney acquired the astrology app Co-Star

Startups

Midjourney, the AI lab famous for its image and video generators, has acquired the social astrology app Co-Star. While the deal's financial terms remain undisclosed, Co-Star brings 4.3 million monthly active users and a team of twenty-four employees to the company. This strategic move may help Midjourney transition from its Discord-based interface to a standalone consumer application, expanding its diverse and unconventional product portfolio.

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WhatsApp Pay surpasses CRED in UPI volumes in June

Startups

"WhatsApp Pay surpassed CRED in monthly UPI transaction volumes for the first time in June, processing 150.48 million transactions compared to CRED's 141.78 million. This growth follows the removal of NPCI onboarding restrictions. Despite this, PhonePe, Google Pay, and Paytm remain the dominant market leaders. While WhatsApp leads in volume, CRED still handles significantly higher transaction values, reflecting a competitive and evolving Indian digital payments landscape.".

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[Weekly funding roundup July 18-24] VC inflow into Indian startups plummets

Startups

"Venture capital funding for Indian startups dropped significantly in the fourth week of July, totaling $162 million across 17 deals, compared to $431 million the previous week. This decline reflects macroeconomic uncertainty and a lack of large transactions. While AI remains a global trend, Indian startups in this sector have yet to gain momentum. Key funding rounds included Raghu Vamsi Aerospace Group and BusinessNext, both raising $40 million.".

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Union Cabinet approves draft bill for stricter punishments in paper leak cases

Startups

The Union Cabinet has approved a draft bill to strengthen punishments for paper leaks, amending The Public Examinations (Prevention of Unfair Means) Act, 2024. The proposal introduces a minimum five-year prison term and fines up to Rs 10 crore for organized crime. This move follows protests over NEET-UG irregularities and aims to deter organized gangs. The government is also implementing reforms within the National Testing Agency to ensure exam integrity.

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Where Will Indian Spacetech’s Best Returns Come From? Speciale Invest’s Vishesh Rajaram Answers

Startups

Vishesh Rajaram of Speciale Invest highlights India's growing spacetech sector, noting a shift from speculative bets to hardware-proven investments. While India faces a significant funding gap compared to China, its structural capital efficiency provides a competitive edge. Government initiatives like the Antariksh VC Fund and SBS-3 are de-risking the sector. Rajaram predicts the highest returns in downstream data, emphasizing that international commercial contracts are key to hitting economic targets. (70 words) -.

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Source: Tech Crunch

OpenAI’s new voice mode makes it to the ChatGPT desktop app

Startups

"OpenAI has updated its ChatGPT desktop app to include ChatGPT Voice, powered by the new ChatGPT-Live models. This feature allows users to control AI agents and perform complex, multi-step computer tasks using voice commands. Integrated with ChatGPT Work and Codex, the tool can access websites and screens on macOS. Meanwhile, Anthropic has similarly updated Claude's voice mode to complete tasks across various third-party productivity applications.".

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Source: Tech Crunch

Facebook launches a dedicated Marketplace app for sellers, adds a free verification system

Startups

Facebook is introducing several updates to boost engagement and organization. A new "Seller" app will help Marketplace users manage listings and buyers. A free "Facebook Verified" system, utilizing selfies, will authenticate users on Dating, Marketplace, and Groups. Additionally, an optional immersive full-screen video view is being tested internationally. Meta also plans to integrate AI to automate item descriptions and improve group search functionality for its users.

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Agnikul CEO: “We Can’t Build Use-and-Throw Systems If We Want to Be a Business”

Startups

"Chennai-based Agnikul Cosmos is preparing for Mission-02, aiming for India's first orbital-class rocket booster recovery and converting its upper stage into an in-orbit platform. By prioritizing reusability and convertibility, the company seeks to lower launch costs and decouple production from launch frequency. Targeting international commercial clients, Agnikul aims for 100 annual launches by 2030, while calling for unified government approvals to streamline complex space missions.".

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Bengaluru Tech Summit 2026 to be held from Nov 17-19

Startups

"The Bengaluru Tech Summit 2026, themed "AI & Beyond," will take place from November 17 to 19 in Bengaluru. Focusing on startups, semiconductors, and sustainability, the event expects over 60,000 visitors and 25,000 delegates. Key highlights include the Future Makers programme, embedded world India, and ChangeNOW. Additionally, the Karnataka government launched the Innoverse Foundation to establish the state as a global deeptech capital through startup mentorship.".

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How OneClickDrive Turned Dubai Used Car Market Into a Marketplace Playbook for India

Startups

India's used car market is debating between asset-heavy and asset-light models. Dubai's OneClickDrive demonstrates the success of an asset-light marketplace, focusing on trust and liquidity rather than owning inventory. By prioritizing a frictionless, free listing process for sellers, the platform scales efficiently. This model offers Indian founders a blueprint for sustainable growth, emphasizing capital efficiency and trust-building over the risks of managing depreciating assets.

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Primus Senior Living partners with HDFC Capital for Rs 2,000 Cr investment platform

Startups

Primus Senior Living and HDFC Capital have launched a Rs 2,000 crore platform to develop institutional-grade senior living communities across six major Indian cities. Utilizing both ownership and rental models, the partnership aims to address the growing demand for age-friendly housing as India's senior population is projected to reach 346 million by 2050. This initiative seeks to establish senior living as a mainstream, scalable residential asset class.

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Startup news and updates: Daily roundup (July 24, 2026)

Startups

YourStory reports diverse headlines, including Intel's fastest revenue growth in 15 years driven by AI infrastructure. Groww Foundation is supporting 19 student projects at IIT Bombay, while Veranda RACE partners with DRACS for civil services coaching. FreshTerra launched its first retail store in Gurugram, and Campus Fund appointed Howard L. Morgan to its board. Additionally, Wow! Momo is sponsoring a startup reality show in West Bengal.

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A trillion dollars of deals runs through his startup's software. Indian tech has barely heard of him.

Startups

"Responsive, founded by Ganesh Shankar, is a profitable software company specializing in Strategic Response Management. Formerly known as RFPIO, the platform streamlines the tedious RFP and tender process for large enterprises by automating repetitive sales responses. Serving over 2,000 customers, including many Fortune 100 companies, Responsive has processed $1 trillion in deals. Headquartered in Texas with engineering in India, the company remains independent without recent outside funding.".

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IIT Madras startup unveils India's latest flying taxi prototype

Startups

"The ePlane Company, an IIT Madras-incubated startup, has unveiled the e200X, a full-scale electric vertical take-off and landing aircraft prototype in Chennai. Designed for urban air mobility, the eVTOL aims to reduce city congestion through passenger transport, cargo deliveries, and emergency services. With a 110 km range, the aircraft is slated for flight testing by mid-2027 following regulatory approvals from the Directorate General of Civil Aviation.".

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