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Source: Startup

Quick Commerce Discounting Wars Nearing End: Eternal CEO

Business • via Startup • Lokesh Choudhary

Eternal CEO Albinder Dhindsa suggests that the quick commerce industry's aggressive discounting war is peaking, as further subsidies would significantly increase losses. Blinkit is shifting its strategy toward investing in infrastructure, dark stores, and service quality to achieve sustainable profitability. Despite competition from Amazon, Flipkart, and Zepto, Blinkit reported a Q1 consolidated net profit of ₹92 crore, emphasizing structural advantages over discount-led customer acquisition.

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Source: Tech Crunch

Science Corporation’s vision-restoring chip wins EU approval

Startups

"Science Corporation, founded by former Neuralink co-founder Max Hodak, has received European regulatory approval to sell PRIMA, a device restoring vision for those with age-related macular degeneration. The system uses an implanted chip and camera-glasses to provide functional sight. While seeking expedited FDA review in the US, the company plans to launch in Germany. Revenue from PRIMA will fund future research into bio-hybrid brain sensors.".

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Source: Tech Crunch

Yope raises $12.3M to build a private social network without algorithms or ads

Startups

Yope, a startup backed by a $12.3 million seed round led by Northzone, is launching a private, algorithm-free social platform. Focused on "micro communities," the app avoids ads and public content, prioritizing real-world connections for young people. With nearly 15 million registered users, Yope utilizes AI to enhance social interactions and games. The company aims to provide a safe, customizable alternative to major platforms like TikTok and Meta.

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Source: Tech Crunch

Menlo Ventures’ Matt Murphy explains why Anthropic is winning (and it’s not the model)

Startups

Anthropic has achieved an unprecedented revenue run rate of $47 billion by May, a massive jump from $9 billion in 2025. Matt Murphy of Menlo Ventures, who led the company's $500 million Series D, describes this growth as the fastest he has witnessed in 25 years. On TechCrunch’s Equity podcast, Murphy discusses the strategy behind backing Anthropic and the factors driving today's most successful AI startups.

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Source: Tech Crunch

Monday.com lays off hundreds to focus on AI

Startups

Israeli software company Monday.com is laying off approximately 630 employees, representing 20% of its workforce, to restructure and prioritize its AI Work Platform. This shift focuses on integrating AI agents into enterprise workflows through tools like no-code app builders and chatbots. The move reflects a broader industry trend of AI-driven layoffs, with Monday.com expecting restructuring charges between $45 million and $55 million for this transition.

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Source: Tech Crunch

Google is making it easier to switch from iPhone to Android

Startups

"Google has introduced a new migration feature in Android 17 to simplify switching from iPhone to Android. This wireless process eliminates the need for separate apps and supports more data types, including passwords, Wi-Fi credentials, and eSIMs, alongside photos and messages. Currently available on select Pixel devices and the new Samsung Galaxy Z Flip8 and Z Fold8, the update will soon expand to other Android smartphones.".

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Source: Tech Crunch

Arcee, a US open source AI lab, says Chinese models are not inherently dangerous

Startups

Chinese open-weight AI models, like Alibaba's Qwen, are sparking debate over potential U.S. bans due to security and economic concerns. While proprietary labs fear profit losses and hacking risks, Arcee CTO Lucas Atkins argues these models are no more dangerous than other open-source software. He suggests that instead of bans, the U.S. should foster its own open ecosystem and compete by developing superior AI models.

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Source: Tech Crunch

Substack’s new tool tells you who’s been writing their newsletters with AI

Startups

Substack is introducing AI detection features to combat "AI slop" and foster reader trust. The tool will label posts, notes, and comments exceeding 100 characters, aligning with trends on other social media and streaming platforms. While not prohibiting AI-assisted writing, Substack encourages creators to use optional author's notes to disclose their process. CEO Chris Best emphasizes that human creativity remains the most valuable part of writing.

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Source: Tech Crunch

OpenAI’s AI spending spree has ballooned to $750B

Startups

"OpenAI plans to invest $750 billion in infrastructure by 2030, including a $20 billion data center campus in Georgia called Project Camellia. Spanning 1,400 acres, the facility will require 3.2 gigawatts of power, largely sourced from natural gas via Georgia Power. OpenAI will cover all infrastructure costs and receive a 15-year property tax abatement, with power expected to become available between 2028 and 2032.".

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Source: Tech Crunch

If you pay a hacker’s ransom, chances are that they’ll come back for more

Startups

Governments warn against paying hacker ransoms, as it funds crime and often fails to stop further attacks. A Proofpoint survey revealed that over one-third of companies paying ransoms faced second extortion demands. Evidence from cases like Klue and Change Healthcare, along with UK police findings on the LockBit gang, confirms that hackers frequently retain stolen data despite payment, proving that negotiating with extortionists is ineffective.

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5 Books to read this July 2026 before everyone else

Startups

July's recommended reading list features five diverse titles designed to offer entertainment and insight. Percival Everett's *James* reimagines a classic narrative, while Mel Robbins' *The Let Them Theory* focuses on emotional freedom. Kaveh Akbar's *Martyr!* explores identity, Oliver Burkeman's *Four Thousand Weeks* examines time management, and Sally Rooney's *Intermezzo* delves into family dynamics. Together, these books provide a blend of literary fiction and thought-provoking nonfiction.

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Source: Startup

InCred Finance’s FY26 Profit Increases 17% YoY To ₹438 Cr, Revenue Up 36%

Business • via Startup • Anne Florentyna

InCred Financial Services reported a consolidated net profit of ₹438 crore for FY26, a 17.1% increase from the previous year. Total income rose 36.3% to ₹2,567 crore, driven by a 22% growth in managed assets to ₹17,748 crore. Despite this growth, profitability moderated due to higher credit costs. The IPO-bound company plans a public issue featuring a fresh share sale of up to ₹1,250 crore.

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Books that help you build a life you don't need to escape from

Startups

Many people seek escape from their lives, but true fulfillment comes from intentional choices and alignment with personal values. To help build a life worth living, several books are recommended. These include titles on financial mindset, mindfulness, sustainable productivity, habit formation, emotional freedom, purpose, and time management. Together, these resources provide practical wisdom to help individuals improve their daily reality rather than constantly dreaming of escaping it.

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Source: Tech Crunch

Cascade raises $3.5M to help construction firms find and win projects

Startups

Cascade, a startup founded by Hannia Zia and Joana Ferreira, has raised $3.5 million in seed funding from Andreessen Horowitz Speedrun, Ada Ventures, and Snowball VC. The AI-native platform helps architecture, engineering, and construction firms identify and win projects by analyzing tender data and predicting likely winners across various government and private portals. The company plans to use the capital to expand its market reach and hire engineers.

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Source: Startup

IPO-Bound Zetwerk Sued By Ayr Energy In US, Faces $1 Bn Damages Claim

Business • via Startup • Shrishti Bisht

Ayr Energy has sued Zetwerk in the US, seeking at least $1 billion in damages and an import ban over allegations of trade secret theft, trademark infringement, and false advertising. This escalates a legal battle after Zetwerk previously sued Ayr for $100 million, claiming its founder stole confidential data. The dispute over proprietary information and unfair competition occurs as Zetwerk prepares for its upcoming public listing in India.

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Source: Tech Crunch

The browser wars aren’t about search anymore — here are the best alternatives to Chrome and Safari

Startups

The browser market is shifting from search dominance to AI-driven assistance. While Google Chrome and Apple Safari remain leaders, new AI-powered options like Perplexity’s Comet and The Browser Company’s Dia offer agentic capabilities. Additionally, privacy-centric browsers like Brave and DuckDuckGo, and niche productivity tools like SigmaOS and Zen Browser, provide alternatives. This evolution transforms browsers from simple web windows into proactive, task-oriented digital assistants.

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Source: Tech Crunch

WhatsApp adds Apple CarPlay and Android Auto upgrades, iPad sign-ups, and more

Startups

WhatsApp is expanding its cross-device capabilities with several new updates. The app now offers enhanced integration with Apple CarPlay and Android Auto, allowing users to manage calls and messages more effectively. Additionally, users can register for standalone accounts directly on iPads. New features include the ability to share music from Spotify and Apple Music to Status and open and annotate PDFs directly within the application.

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Source: Tech Crunch

Passionfroot raises $15M to expand its B2B creator marketplace to the US

Startups

German startup Passionfroot has raised $15 million in a Series A round led by Insight Partners to expand its B2B creator marketplace. The Berlin-based company plans to open offices in New York and Sao Paulo while growing its team. With revenue increasing 13x, Passionfroot leverages an AI agent called Zest and a proprietary creator graph to help brands improve visibility amidst an AI-driven software market.

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Source: Your story

Space startup ecosystem soars to 450-plus ventures as policy reforms fuelled growth: IN-SPACe Dir

Startups

"India's space startup ecosystem has expanded from single digits to over 450 ventures in six years, driven by government policy reforms and IN-SPACe's regulatory support. The sector has seen over 800 authorization applications and significant technology transfers. Notably, Skyroot Aerospace became the first Indian space unicorn with a successful maiden launch. Funding has reached nearly $390 million over three years, supported by dedicated government venture capital funds.".

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Bengaluru Tech Summit partners with We Make Future for Startup Exchange Programme

Startups

"Karnataka is expanding the Bengaluru Tech Summit 2026 through new partnerships with We Make Future and VivaTech. A new Startup Exchange Programme will help local startups access European markets, investors, and innovation networks in Italy, France, and Poland. Minister Priyank Kharge aims to transform the summit into a year-round global platform. The 2026 event, themed "AI & Beyond," expects thousands of delegates and exhibitors from over 75 countries.".

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