Categories

All News India Business Stock market Politics Sports Technology Startups Entertainment Hatke International Automobile Science Travel Miscellaneous
Source: Startup

Norwest Capital Co-Leads $40 Mn Round In Raghu Vamsi Aerospace

Business • via Startup • Shrishti Bisht

"Hyderabad-based Raghu Vamsi Aerospace Group (RVAG) has raised $40 million in a funding round led by Norwest and Skegen Asset Management. The company plans to use the capital to expand manufacturing capacity across India, the UK, and the US, while enhancing its deeptech and mission systems businesses. With an order book exceeding ₹2,500 crore, RVAG supplies precision components to global aerospace and energy leaders.".

Read Full Story
Next Story
Source: Your story

Coratia Technologies builds underwater robots in Odisha, and just signed a Rs 66 crore Navy deal

Startups

Coratia Technologies, a Rourkela-based startup, develops indigenous remotely operated and autonomous underwater vehicles to replace dangerous human diving tasks. Specializing in AI-based inspection for infrastructure and defense, the company serves clients like Indian Railways and Tata Steel. A significant milestone includes a Rs 66 crore Indian Navy contract, reducing reliance on foreign suppliers. The startup aims to bolster India's blue economy through homegrown deep-sea robotics.

Read Full Story
Next Story
Source: Your story

Surat's InsideFPV builds India's own combat drones and delivered 100 to the Army in 60 days

Startups

Founded in 2020, InsideFPV develops indigenous first-person-view drones for the Indian armed forces to reduce import reliance. The Surat-based company specializes in kamikaze drones and GPS-denied systems capable of operating in extreme temperatures. After securing a Rs 10 crore Ministry of Defence contract and winning the Him Dron-a-thon, the profitable startup is expanding its facility to scale production and aims to serve global allied nations.

Read Full Story
Next Story
Source: Your story

From running a successful social media platform to showing a proprietary robot dog to the PM: The ShareChat founders' second act

Startups

Former ShareChat founders Farid Ahsan and Bhanu Pratap Singh have launched General Autonomy, a Bengaluru-based robotics startup. The company focuses on developing humanoid systems and robot dogs, like PARAM, to automate labor-intensive factory and warehouse tasks. Despite being pre-revenue to prioritize research and local supply chains, the firm recently raised Rs 32 crore in seed funding, valuing the company at Rs 280 crore to scale its technology.

Read Full Story
Next Story
Source: Your story

Armatrix builds snake-like robots so humans don't have to crawl into dangerous tanks

Startups

The Bengaluru-based deeptech startup makes hyper-flexible robotic arms to inspect confined industrial spaces, and has raised $2.1 million in a funding round led by pi Ventures.

Read Full Story
Next Story
Source: Your story

Steptrade Capital raises Rs 100 Cr in first close of Fund II

Startups

"Ahmedabad-based Steptrade Capital has achieved the first close of its Chanakya Opportunities Fund II, securing Rs 100 crore toward a target corpus of Rs 500 crore. Targeting pre-IPO and growth-stage companies, the CAT II AIF focuses on advanced manufacturing, energy transition, and emerging enablers. With capital deployment starting in August, the fund aims to leverage India's structural economic transformation through investments in high-growth private markets.".

Read Full Story
Next Story
Source: Startup

Exclusive: Redcliffe Labs To Acquire Megavision Diagnostics In ₹40 Cr Deal

Business • via Startup • Palak Sharma

Redcliffe Labs is acquiring Pune-based Megavision Diagnostics Centre for approximately ₹40 crore to expand its radiology and imaging capabilities. This move is part of a broader inorganic growth strategy to transition from pathology to an integrated diagnostics platform. Following recent acquisitions in Rajasthan, the healthtech startup aims to leverage these facilities to drive growth, targeting a total revenue of ₹700 crore by the 2027 financial year.

Read Full Story
Next Story
Source: Your story

The Passport Hotel, Nasher Miles, and Rippl bring creators together for a sharing circle on trust and genuine recommendations in Goa

Startups

"The Passport Hotel, Nasher Miles, and Rippl hosted a creator staycation in Goa to launch The Passport Hotel's Mini Bar. The event featured a 'Sharing Circle' focusing on the importance of authentic recommendations over paid reviews. Rippl, now available on Android, iOS, and the web, enables creators to monetize existing content by tagging products and experiences they genuinely trust, transforming personal recommendations into discoverable living profiles.".

Read Full Story
Next Story
Source: Your story

From a Class 10 Dropout to Making Parts for Rolls-Royce, Boeing and Fighter Jets

Startups

Rakesh Chopdar, a high school dropout, transformed his father's small workshop into AZAD Engineering, a global leader in precision aerospace and defense manufacturing. Starting with a single CNC machine in 2008, the company now supplies critical components to giants like Boeing, Airbus, and Rolls-Royce. Following a successful 2023 IPO and investment from Sachin Tendulkar, AZAD's market capitalization has exceeded $1.3 billion, emphasizing technical skill over formal credentials.

Read Full Story
Next Story
Source: Startup

Turtlemint Surges 13.5% After Reporting Maiden Profitable Quarter

Business • via Startup • Shrishti Bisht

Turtlemint shares surged over 13% to a record high after the company reported its first-ever quarterly profit of ₹3.1 crore in Q4 FY26. While the result was supported by a deferred tax credit, the company achieved a positive adjusted EBITDA of ₹2.9 crore. Operating revenue grew 42% year-on-year to ₹357.2 crore. Management expects the firm to achieve full-year profitability by FY27 through operating leverage and renewals.

Read Full Story
Next Story
Source: Startup

Cosmoserve Says Soft Robotic Capture Demo Gathered Key Data Despite Glitch

Business • via Startup • Anjali Jain

"Cosmoserve's maiden Mission Embrace aboard Skyroot's Vikram-1 reported partial success in testing its soft robotic capture system for active debris removal. While major systems functioned and withstood launch conditions, the robotic petals failed to deploy due to extreme space conditions. Despite this, the startup gathered critical in-orbit data cost-effectively, which will be used to refine the technology's architecture for future debris-removal spacecraft missions.".

Read Full Story
Next Story
Source: Your story

Are you India's next big thing? Apply for Marico Innovation Foundation's Indian Innovation Icons 2027 to find out

Startups

The Marico Innovation Foundation has opened applications for the 2027 edition of Indian Innovation Icons. This biennial program identifies hidden, high-impact innovators in the business and social sectors. Selected winners receive mentorship from Harsh Mariwala and senior leadership, access to venture capital, and national visibility. Eligible organizations must offer unique, scalable, and sustainable solutions. Interested applicants must submit their entries by July 22, 2026, to gain critical support.

Read Full Story
Next Story
Source: Startup

Plazza Bags $15 Mn To Expand Quick Medicine Delivery Business

Business • via Startup • Shrishti Bisht

Bengaluru-based quick medicine delivery startup Plazza has raised $15 million in a Series A round led by Accel, Elevation Capital, and Nexus Venture Partners. Founded by former Zomato executive Aman Priyadarshi, the company utilizes AI-powered inventory systems to offer rapid 15-to-30-minute deliveries. Plazza plans to use the funding to enhance its technology and expand its pharmacy network beyond its current two stores in Bengaluru.

Read Full Story
Next Story
Source: Your story

Inside India's bullet train: 357 km built, first ride in 2027

Startups

India is constructing the 508 km Mumbai-Ahmedabad High Speed Rail corridor with Japanese technical assistance. Designed for 320 kmph, the project will reduce travel time to two hours. While Gujarat's sections are well-advanced, Maharashtra's tunnels, including an undersea passage, are underway. The revised cost is approximately ₹1.98 lakh crore. The Surat-Bilimora section opens in 2027, with full completion targeted for 2029, fostering critical national technology transfer.

Read Full Story
Next Story
Source: Startup

NVIDIA Wants To Solve India’s GPU Compute Problem, But At What Cost?

Business • via Startup • Shraddha Goled

NVIDIA has launched a global revenue-sharing financing model to help AI cloud providers, including those in India, overcome capital constraints when procuring GPU infrastructure. By combining credit support with revenue sharing, NVIDIA enables smaller "neoclouds" to expand their compute capacity. While this reduces financial risk for providers, critics warn it increases NVIDIA's control over the AI ecosystem and may create unfair priority access to chips.

Read Full Story
Next Story
Source: Your story

Plazza raises $15M Series A to expand pharmacy network

Startups

"Bengaluru-based healthtech startup Plazza has raised $15 million in Series A funding co-led by Accel, Elevation Capital, and Nexus Venture Partners. The company utilizes AI-driven inventory intelligence to solve medicine availability issues in India, increasing store stock and fulfillment rates. Plazza plans to use the capital to enhance its technology platform and expand its pharmacy network, offering rapid medicine delivery within 15 to 30 minutes.".

Read Full Story
Next Story
Source: Startup

Skyroot Scripts History, Weekly Funding Rundown & More

Business • via Startup • Team Inc42

(Other sections like Fino Payments Bank, Snapdeal, Turtlemint, Meesho, ZeroDrag are secondary/separate news snippets in a newsletter format. The prompt asks to summarize "the news article content", but the primary lead story is Skyroot. Usually, in these types of prompts, the main story is the focus, but I should check if I need to summarize the whole newsletter. However, the Skyroot story is the most substantial. Let's see if I can integrate the others or focus on the lead. Given the "news article" phrasing, it's likely the lead story, but the provided text is a newsletter. I will focus on the primary achievement of Skyroot as the central theme, as it's the "historic" event.).

Read Full Story
Next Story
Source: Your story

Making India ‘food wise’; AI lifts VC inflow in startup ecosystem

Startups

The EU has banned large companies from destroying unsold clothing and footwear to reduce waste. In space, researchers found an atmosphere on rocky planet LHS 1140b, while Buzz Aldrin's moon pen sold for $850,000. Biotech firms are testing weight-loss drugs for cats. Meanwhile, Indian AI startups saw a surge in VC funding, and Meta experienced outages. Finally, SBI Funds Management prepares for its listing amid upcoming corporate earnings.

Read Full Story
Next Story
Source: Startup

Why Groww Wants To Be Everything At Once

Business • via Startup • Gargi Sarkar

India's largest stockbroker, Groww, is diversifying beyond brokerage to become a full-stack financial services company. To counter slowing customer growth and regulatory shifts, Groww is expanding into wealth management, asset management, lending, and US stocks. The company is leveraging AI to scale these verticals efficiently. In Q1 FY27, Groww reported a 94.3% jump in net profit to ₹735 crore, signaling strong financial momentum during this transition.

Read Full Story
Next Story
Source: Tech Crunch

Netflix paid $587M for Ben Affleck’s AI filmmaking startup

Startups

"Netflix recently disclosed paying $587 million in cash to acquire InterPositive, an AI startup co-founded by Ben Affleck. The company's tools assist filmmakers with post-production challenges, including lighting and background replacements. As part of the deal, the InterPositive team joined Netflix, with Affleck serving as a senior advisor. This move aligns with Netflix's growing use of generative AI, which has already been integrated into approximately 300 titles.".

Read Full Story
Next Story