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(Weekly funding roundup July 11-17) Sharp rise in VC inflow led by AI deals

Startups

"Venture capital funding for Indian startups surged to $431 million across 23 deals in the third week of July, a significant increase from the previous week's $107 million. This growth, the fourth highest weekly total this year, was driven by high-value transactions, particularly in AI. Notable investments include $160 million for Udaan and $130 million for AI startup Emergent, signaling renewed investor confidence in India's tech ecosystem.".

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Source: Tech Crunch

No product? No problem. This Disrupt 2026 session shows how to get pre-seed funding with conviction, storytelling

Startups

TechCrunch Disrupt 2026 will take place from October 13-15 in San Francisco, featuring a specialized "Winning Pre-Seed Without a Product" panel on the Builders Stage. Experts Sandhya Venkatachalam, Puneet Agarwal, and Austin Clements will discuss how pre-seed founders can secure funding despite rising seed-stage expectations driven by AI. The event offers workshops on fundraising and go-to-market strategies for founders and investors within the startup ecosystem.

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Source: Tech Crunch

Zoox issues software recall after a robotaxi got confused by heavy smoke

Startups

"Amazon-owned Zoox has issued a software recall for its fleet of 105 robotaxis after a vehicle struggled to navigate a smoke-filled emergency fire scene in June. No injuries occurred, and a software update has been deployed. This action follows NHTSA warnings to autonomous vehicle developers regarding interference with first responders. Zoox continues testing in Las Vegas and San Francisco while awaiting federal exemptions for its steering-wheel-less design.".

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5 Books that changed millions of lives around the world

Startups

Certain books transcend cultures to influence millions by shaping habits and perspectives. Key examples include Stephen Covey's focus on character, Paulo Coelho's exploration of destiny, and Viktor Frankl's lessons on resilience. Additionally, James Clear emphasizes small improvements, while Napoleon Hill highlights the power of mindset. Together, these works address universal human challenges, offering timeless wisdom that inspires sustainable personal growth and lifelong achievement.

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Aurrevia launches Category III alternative investment fund

Startups

Investment platform Aurrevia has launched a Category III alternative investment fund, supported by a $10 million anchor commitment from the Kothari Family Office through Aarii Ventures. Utilizing a proprietary "TechnoValue" framework, the fund blends deep value investing with momentum strategies to achieve long-term, risk-adjusted returns. The fund excludes sectors like tobacco and gambling, targeting India's expanding alternative investment market through disciplined research and active risk management.

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Naturis Cosmetics raises Rs 100 Cr led by Sharrp Ventures

Startups

Naturis Cosmetics, a beauty and personal care CDMO, raised Rs 100 crore in a funding round led by Sharrp Ventures. The company plans to use the capital to establish a production facility in Vapi, an R&D center in Mumbai, and an experience center in the NCR region. With partnerships including Nykaa and Dr. Reddy’s, Naturis aims to diversify into high-growth categories and expand its manufacturing capabilities.

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How a Woman Mukhiya Built Bihar's Digital Panchayat

Startups

Dawa Panchayat in Bihar's Bhojpur district has become a model of rural transformation under Mukhiya Shushumalata Kushwaha. The village earned the Deen Dayal Upadhyay Panchayat Sashaktikaran Puraskar for advancements in e-governance, sanitation, and education. Notable achievements include becoming the district's first ODF Plus panchayat and establishing a digital government building. Further initiatives focus on menstrual hygiene and reducing school dropouts through community participation and leadership.

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Armory first built a counter-drone system in six months, and now it has a Rs 100 crore defence order

Startups

Gurugram-based startup Armory, founded in 2024, has developed SURGE, an indigenous counter-drone system. Powered by the AI-driven Samaritan OS, the system detects and neutralizes hostile drones by continuously learning new radio-frequency signatures. Armory secured Rs 100 crore in Ministry of Defence contracts following rapid field trials. Having raised Rs 35 crore in equity, the company now aims to expand its hardware portfolio and pursue international partnerships.

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Cost-effective drones are winning wars, and Unmannd is building the ones that fight back

Startups

Bengaluru-based startup Unmannd, founded in February 2025, develops autonomous aerial platforms for the Indian defence sector. Its core products include Titan, an Army-certified heavy-lift logistics drone, and Fury, a counter-drone interceptor. Utilizing a full-stack autonomy model for GPS-denied environments, the company recently raised $2 million in pre-seed funding from Speciale Invest and Accel to commercialize its technology and expand its team for indigenous military procurement.

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H2LooP is building AI coding tools for the software hidden inside hardware

Startups

Bengaluru-based startup H2LooP is developing specialized AI to automate low-level firmware and driver development for mission-critical industries. By combining small language models with a proprietary hardware knowledge graph, the company accelerates engineering velocity in semiconductors, automotive, and defense sectors. Recently raising $2 million in seed funding, H2LooP offers secure, on-premises deployments to ensure code privacy while improving the speed and accuracy of hardware-software integration.

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Paar Autonomy is building the eyes for India's drones, ground robots and boats

Startups

Bengaluru-based startup Paar Autonomy, founded in 2024 by Vignesh Jayaraman, is developing a multi-sensor perception layer for autonomous air, land, and sea vehicles. Utilizing agentic AI and gyro-stabilized gimbal cameras, the system enables autonomous navigation and threat detection for defense and industrial applications. The pre-revenue company recently raised Rs 3.5 crore in pre-seed funding to establish manufacturing and validate its technology through pilot testing.

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Source: Tech Crunch

Why the first GPU financiers are turning to inference chips in a $400 million deal

Startups

"AI inference startup General Compute has secured a $400 million loan from Upper90, marking a potential first for using inference-specific chips as collateral. Utilizing SambaNova's SN50 chips, the company aims to offer faster, more cost-effective AI inference for open-source models compared to traditional GPU-based clouds. This financing reflects a growing market shift toward diverse hardware alternatives to challenge Nvidia's dominance in the AI infrastructure sector.".

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PM Narendra Modi launches India's first hydrogen train: what it really changes

Startups

Prime Minister Narendra Modi launched India's first hydrogen-powered passenger train on July 17, 2026, in Haryana. Operating on the Jind-Sonipat section, this indigenous 10-coach train is the world's largest by capacity, carrying 2,600 passengers. Emitting only water vapor, it targets non-electrified and heritage routes. Indian Railways plans to deploy 35 such trains under a Rs 2,800 crore roadmap to achieve a fully green railway network.

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This Mumbai startup turns unrecyclable plastic into paint and adhesive chemicals

Startups

Mumbai-based startup Tulon Materials is upcycling complex plastic waste into chemical resins for specialty chemicals, including paints, inks, and adhesives. Founded in 2022, the company leverages AI and deep industry expertise to replace fossil-derived raw materials. Having secured a Rs 10 crore seed round, Tulon aims to scale its "Made in India" products for both domestic and European markets, focusing on industrial-grade sustainability.

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Becoming Quotient raises ₹7.5 crore to build a career growth platform

Startups

Mumbai-based career growth platform Becoming Quotient (BQ) has raised ₹7.5 crore in pre-seed funding from family offices and industry professionals. The company aims to create a portable, evidence-based record of professional development that follows employees across roles, addressing the lack of infrastructure for measuring growth. BQ will use the capital for product development and national expansion, targeting enterprise customers to improve employee engagement and productivity.

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AI won't replace people, it'll replace the incurious, says Hostinger CMO Kristina Strimaite

Startups

Hostinger CMO Kristina Strimaite asserts that AI will replace workers who refuse to adapt rather than people themselves. The Lithuanian company, which grew bootstrapped to reach 275.4 million euros in 2025 revenue, emphasizes global expansion and AI integration. With India as its largest market, Hostinger leverages AI for marketing and decision-making, while encouraging founders to prioritize customer relationships over operational tasks automated by technology.

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Andhra Pradesh’s founder-first growth strategy; Wipro’s net profit remains flat

Startups

Agnikul appointed Dr S Somanath for Mission 02, while Tech Mahindra and Wipro reported mixed Q1 FY27 financial results. Nvidia launched Cosmos 3 Edge for physical AI, and Meta introduced teen safety guardrails. Meanwhile, EU regulators pressured Google to increase accessibility. Andhra Pradesh is pivoting toward an entrepreneurship-first growth model, and Swara Baby Products filed for an IPO. Additionally, US regulators are probing Samsung's memory chips.

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Source: Tech Crunch

San Francisco mayor pushes for tougher rules after the Waymo traffic fiasco

Startups

San Francisco Mayor Daniel Lurie has urged California state regulators to strengthen rules for autonomous vehicles following major traffic jams caused by stranded Waymo robotaxis. Citing incidents during a power outage and July 4 fireworks, Lurie proposed four core operational capabilities, including real-time data sharing and the immediate removal of immobile vehicles. He argues that current frameworks fail to ensure reliability during extraordinary events and large-scale traffic disruptions.

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Source: Tech Crunch

Coca-Cola suspended production at its Fairlife dairy after a ransomware attack

Startups

"Coca-Cola has announced that its dairy subsidiary, Fairlife, was targeted by a ransomware attack, leading to the temporary suspension of its production operations across the United States. While Canadian operations remain unaffected, the company has not provided a timeline for system restoration. Fairlife is a significant brand for Coca-Cola, with projected sales of $4 billion by 2024, highlighting the potential impact of this cyberattack.".

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Source: Tech Crunch

Founders Fund hires former OpenAI exec Ryan Beiermeister (and not because of her Mafia skills)

Startups

Ryan Beiermeister has joined Founders Fund as a partner, bringing experience from Palantir, Meta, and OpenAI. Previously the VP of Product Policy at OpenAI, she departed following a dispute over a planned "adult mode" feature. Beiermeister, who recently appeared on the firm's "Mafia" YouTube show, aims to back high-stakes startups in AI infrastructure, defense, energy, climate, and biotech, targeting founders who challenge traditional molds.

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