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Source: Tech Crunch

Why Realta Fusion is building a fusion reactor at an old hot dog factory

Startups

"Realta Fusion will build its "Forge" research and development facility at a former Oscar Meyer factory in Madison, Wisconsin, aiming for first plasma by 2029. The startup received $55 million in state and city incentives, including a significant sales tax exemption. Supported by bipartisan government backing and a local talent pool from the University of Wisconsin-Madison, Realta aims to advance commercial fusion power for electricity.".

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Source: Tech Crunch

Vint Cerf is working on a plan to unleash AI agents on the open internet

Startups

Internet pioneer Vint Cerf has joined Innovation Labs as an advisor following his departure from Google. The organization, a subsidiary of Identity Digital, is developing DNSid, an open standard for identifying and auditing AI agents using domain-name infrastructure. Cerf aims to help establish accountability and interoperability in an emerging agentic economy, ensuring that autonomous AI agents can securely interact across different proprietary systems and platforms.

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Source: Startup

Promom Bags ₹30 Cr From Fireside Ventures To Expand Mom & Baby Care Portfolio

Business • via Startup • Lokesh Choudhary

"Bengaluru-based maternal and baby care startup Promom has raised ₹30 crore in a funding round led by Fireside Ventures. Founded in 2023, the company focuses on solving feeding challenges for new mothers. Promom intends to use the capital to expand its product portfolio and scale distribution across India. This investment reflects a growing Indian baby care market, which is projected to exceed $10 billion by 2034.".

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Ather Energy secures Rs 1,200 Cr from Hero MotoCorp, IJF, and founders

Startups

"Ather Energy has approved a preferential fund raise of up to Rs 1,200 crore from Hero MotoCorp, the India-Japan Fund, and its founders. Hero MotoCorp will invest Rs 960 crore, while the India-Japan Fund contributes Rs 200 crore. This capital is part of a larger Rs 2,500 crore plan to support manufacturing expansion, research and development, and new product development amid increasing competition in India's electric scooter market.".

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Source: Tech Crunch

Backed by $60M in funding, Oak steps out of stealth to fix the identity mess that AI agents are making worse

Startups

Israeli startup Oak has emerged from stealth with a $60 million seed round to revolutionize identity and access management. Co-founded by Shai Morag and Tal Marom, the company offers an AI-native control plane that replaces legacy tools. Its framework maps app usage to permissions, removing unnecessary access in real time to reduce security vulnerabilities. Backed by Accel, CRV, and Greylock, Oak is now deploying its solution to enterprise clients.

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5 Lessons from Down But Not Out for aspiring founders

Startups

Drawing from three decades of India's startup journey, the book emphasizes that persistence, strong support systems, and the courage to face uncertainty are vital. It argues that success belongs to those who view setbacks as lessons and refuse to quit. (69 words) -.

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Source: Startup

Centre Doubles Down On Mobile Manufacturing With ₹62,500 Cr Scheme

Business • via Startup • Shrishti Bisht

"The Union Cabinet approved the ₹62,500 crore Mobile Phone Manufacturing Scheme and the ₹1.28 lakh crore Semicon 2.0 initiative to bolster domestic electronics and chip capabilities. The MPMS offers incentives up to 5% on sales to drive production and job creation through FY31. Meanwhile, Semicon 2.0 focuses on chip design, fabrication, and R&D, aiming to establish a robust semiconductor ecosystem with the first fab expected by 2028.".

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Source: Tech Crunch

A SpaceX vet raised $65M to pull wire harnesses out of the Cold War era

Startups

"Senra, a startup founded by former SpaceX engineer Jordan Black, has raised $65 million in Series B funding to modernize wire harness production. The company uses its proprietary Amp software to standardize manual cabling processes for defense, maritime, and aerospace vehicles. By integrating automation and digital twins, Senra aims to improve reliability and scale production from 1,000 to 10,000 units per month by 2027.".

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Source: Startup

Cabinet Approves ₹1.28 Lakh Cr Semicon 2.0 To Boost India’s Chip Ecosystem

Business • via Startup • Lokesh Choudhary

"The Union Cabinet has approved Semicon 2.0 with a ₹1.28 lakh crore outlay to strengthen India's semiconductor ecosystem. The scheme focuses on six key areas: chip design, equipment, fabrication plants, packaging units, R&D, and talent development. By attracting global chipmakers and supporting domestic startups, India aims to reduce import dependence and build a robust supply chain, with its first semiconductor fab expected to be commissioned by 2028.".

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Source: Startup

Ather Energy To Raise ₹1,200 Cr To Fuel Next Phase Of Growth

Business • via Startup • Shrishti Bisht

Ather Energy's board has approved a fundraise of up to ₹1,200 crore through equity shares and convertible warrants. Hero MotoCorp will invest approximately ₹960 crore, potentially increasing its stake to 30.68%, while NIIF's India-Japan Fund will contribute ₹200 crore. Cofounders Tarun Mehta and Swapnil Jain will each invest ₹20 crore. The funds will support expansion, research, and manufacturing capacity, pending shareholder approval at an extraordinary general meeting.

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Groww's net profit soars 94% in first quarter of FY27

Startups

Investment platform Groww reported a 94% increase in net profit to Rs 735 crore and a 66% revenue rise to Rs 1,501 crore for Q1 FY27. The company's total customer assets grew 38% to Rs 3.6 lakh crore, with market share increasing across all investment categories. Despite lower capital market activity, Groww added 115,000 net active NSE clients and is now integrating AI to enhance customer service.

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Source: Startup

Healthy Snacking Brand Open Secret Raises ₹50 Cr To Scale Offline Presence

Business • via Startup • Shrishti Bisht

"D2C healthy snacking brand Open Secret has raised over ₹50 crore in equity and debt, led by Desai Brothers Group. The profitable startup, which has surpassed ₹200 crore in annual recurring revenue, aims to reach ₹1,000 crore within three years. The funds will be used to expand its offline retail presence beyond 500 outlets, scale its savoury snack portfolio, and integrate AI into its supply chain operations.".

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Source: Startup

BigBasket To Slash Geographical Presence By Half To 40 Cities: Report

Business • via Startup • Anjali Jain

BigBasket is reducing its operational presence from 76 to 40 profitable cities to curb cash burn and achieve profitability. Facing intense competition from rivals like Blinkit and Zepto, the Tata Digital-owned company reported a 42% surge in FY25 losses. New CEO Amit Nanda will implement a cluster strategy focusing on high-density urban areas, improving pricing and assortment to regain competitiveness in the quick commerce market.

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Source: Startup

AI Startups To Watch: 5 Startups That Caught Our Eye In July

Business • via Startup • Ankush Das

Inc42's tenth "AI Startups To Watch" edition highlights five emerging Indian ventures: Linkrunner, Monk CI, Rowboat Labs, Vidopix, and WiredLeap. These startups focus on specialized enterprise solutions across mobile attribution, developer infrastructure, knowledge management, ad compliance, and video intelligence. This shift reflects a maturing ecosystem where AI is integrated into specific business workflows, supported by a significant surge in funding, totaling $676 million in early 2026.

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Source: Startup

The Black Box Era Of Enterprise AI Is Ending, As Customer-Controlled AI Takes Spotlight

Business • via Startup • Pranav Pai

Enterprise AI is shifting from a focus on capability to a demand for control over data, weights, and infrastructure. Companies are moving away from proprietary black-box models toward open-weight alternatives to ensure data sovereignty and measurable outcomes. With regulatory support and strong engineering depth, India is uniquely positioned to lead this transition by providing model-agnostic deployment stacks and outcome-based services for regulated global industries.

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Meta faces lawsuit from 26 employees over AI-based layoffs

Startups

"Twenty-six Meta employees have filed a federal lawsuit alleging the company used AI systems to select individuals for layoffs, disproportionately targeting those on protected medical, parental, or family leave. The plaintiffs claim algorithmically assisted performance rankings penalized absences, violating several state and federal laws. Meta denied the allegations, stating that workforce decisions were made by people rather than AI, and asserted that the claims lack merit.".

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Shunya Labs wants voice infrastructure to work the way Indians speak

Startups

"Shunya Labs has developed a proprietary voice AI infrastructure designed for multilingual, accented, and code-switched speech, specifically targeting diverse linguistic patterns across Asia. Its CPU-based stack supports over 220 languages, including 55 Indian ones, significantly reducing deployment costs for enterprise clients in banking, healthcare, and automotive sectors. The company recently launched Vāķ, a real-time translation system, while focusing on sustainable growth and profitability.".

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Source: Startup

Groww Q1: Profit Surges 94% YoY To ₹735 Cr

Business • via Startup • Palak Sharma

"Investment tech platform Groww reported a significant increase in its consolidated net profit for the first quarter of FY27, reaching ₹735 crore, a 94.3% rise from the previous year. Sequentially, profit grew by 7.1%. Operating revenue surged 66% year-on-year to ₹1,501.4 crore, though it remained nearly flat compared to the preceding March quarter. Total revenue, including other income, stood at ₹1,548.7 crore against expenses of ₹555.7 crore.".

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udaan secures $160M in financing

Startups

"IPO-bound eB2B platform udaan has secured $160 million through a financing round involving fresh equity, debt, and the conversion of existing debt into equity. This includes a $45 million commitment from a global investment management firm. The funding aims to strengthen the company's balance sheet and simplify its capital structure, supporting long-term growth and public market readiness as the Bengaluru-based firm continues expanding its B2B trade operations.".

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Source: Startup

Ather Energy Hits 52-Week High After Hero MotoCorp Announces ₹1,000 Cr Investment

Business • via Startup • Shrishti Bisht

"Ather Energy's shares hit a 52-week high after Hero MotoCorp approved an additional investment of up to ₹1,000 crore. Hero MotoCorp already holds a 29.48% stake in the electric vehicle maker. Ather plans to raise up to ₹2,500 crore for research, development, and manufacturing expansion to combat intensifying competition in India's electric two-wheeler market. The company has recently reported strong revenue growth and narrowing net losses.".

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