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Source: Tech Crunch

India bets billions on breaking China’s grip on smartphone manufacturing

Startups

India has launched a ₹625 billion smartphone manufacturing scheme and added ₹1.28 trillion to its semiconductor push to attract global electronics supply chains away from China. Moving beyond simple assembly, the initiatives focus on R&D, local component sourcing, and fostering domestic brands. While India currently produces 18% of global smartphones, these incentives aim to increase production, create 60,000 jobs, and deepen its role in high-value manufacturing.

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Source: Tech Crunch

US charges Russian ‘bulletproof’ web hosts over cyberattacks that netted $62M from cybercrime victims

Startups

U.S. prosecutors have charged three Russian nationals and two web hosts, Media Land and ML.Cloud, with hacking, conspiracy, and money laundering. The defendants allegedly provided "bulletproof" infrastructure for cybercriminals and state-backed hackers to launch DDoS and phishing attacks against U.S. businesses. These operations caused tens of millions in damages and generated $62 million in proceeds. While the suspects remain in Russia, the U.S. continues targeting these networks.

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Healthy snacks brand Open Secret raises over Rs 50 Cr funding

Startups

Healthy snacking brand Open Secret has raised over Rs 50 crore from the Desai Brothers Group and institutional debt to fuel retail expansion and AI-driven supply chain improvements. With an annual recurring revenue exceeding Rs 200 crore and EBITDA profitability, the company aims to reach Rs 1,000 crore ARR within three years. The funding will support product innovation, particularly in savoury snacks, and expand its physical distribution network.

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Source: Startup

TVS’ Home Credit Acquires Varthana Finance To Expand Lending Footprint

Businessvia Startup • Palak Sharma

"TVS VENU Group-led NBFC Home Credit India has approved the complete all-cash acquisition of Varthana Finance, an education-focused NBFC. This strategic move aims to expand Home Credit’s presence in secured and longer-tenure lending segments. Varthana, founded in 2013, provides collateral-free loans to private schools and students across India. The deal, pending regulatory approval, will leverage TVS's resources to accelerate Varthana's growth and expand its footprint.".

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Source: Startup

How Bolna AI Is Helping Enterprises To Win The Voice AI Race

Businessvia Startup • Ankush Das

Bolna AI, founded by IIT Delhi alumni, is a voice AI orchestration platform that enables enterprises to deploy AI voice agents without managing complex infrastructure. Backed by a $6.3 million seed round from General Catalyst, the model-agnostic startup integrates various speech and language models. Bolna currently reports $175,000 in monthly revenue and over 2,500 paying customers, aiming to become the essential infrastructure layer for enterprise voice automation.

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Kerala's iHUB Robotics is teaching robots to see, act, and understand

Startups

"iHUB Robotics, founded in Kochi in 2022, aims to reduce India's reliance on imported humanoid robots by developing hardware and AI locally. The company offers the Tara Gen-1 service robot and Daksha industrial humanoid, utilizing "physical AI" for integrated movement and language. Recently selected for NVIDIA's Humanoid Robotics Program, iHUB has expanded into Gulf markets and raised pre-seed funding to build a large manufacturing facility.".

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Edgehax is building India's edge-AI boards so hardware makers stop importing them

Startups

Bengaluru-based Edgehax is reducing India's reliance on imported compute modules by developing domestic, industrial-grade edge-AI boards. These boards, running DvarOS, support diverse applications from drones to defense systems. With backing from NXP and MeitY, the company has reached over 100,000 students and 150 startups. After raising Rs 1.39 crore in seed funding, Edgehax aims to scale manufacturing and expand into international markets by 2029.

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Source: Tech Crunch

Anthropic, Blackstone bet the next trillion-dollar AI business is implementation, not models

Startups

Anthropic has launched Ode, a $1.5-billion AI implementation firm created in a joint venture with investors like Blackstone. Ode deploys elite engineers to help enterprises integrate AI models into their core business processes, primarily focusing on Anthropic's Claude. This move mirrors OpenAI's "The Deployment Company," signaling a shift toward specialized services to bridge the gap between advanced AI models and practical enterprise adoption.

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Source: Tech Crunch

Reelful’s AI turns your camera roll into short-form videos for social media

Startups

Reelful is a new iOS app that uses AI to automatically transform photos and video clips into polished short-form content for platforms like TikTok and Instagram. Founded by former Snapchat engineer Kate Deyneka, the tool automates scriptwriting, voiceovers, and editing via user prompts and voice cloning. Targeting founders and business owners, Reelful offers various subscription plans and credit bundles to simplify personal branding and social media growth.

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Source: Tech Crunch

Rime picks up $24M Series A to help enterprises field customer calls

Startups

Rime, a San Francisco-based voice AI startup, has raised $24 million in Series A funding led by M13 Ventures. The company distinguishes itself by using proprietary conversational data to improve pronunciation and reduce customization for enterprise clients. Rime is transitioning to speech-to-speech models to lower latency and enhance user interaction. Its client base includes Mayo Clinic and Dialpad, spanning sectors like healthcare and fintech.

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India bets big on semiconductor industry

Startups

The Union Cabinet approved a Rs 1.27 lakh crore outlay for the second phase of the India Semiconductor Mission, known as Semicon 2.0. This revamped programme aims to attract Rs 4 lakh crore in investments and generate Rs 2 lakh crore in production. By covering the entire value chain, including raw materials and indigenous design, India seeks self-reliance in chip manufacturing to meet rising global AI demands.

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AI startup Emergent turns unicorn with $130M Series C funding

Startups

AI startup Emergent, founded by Mukund and Madhav Jha, raised $130 million in Series C funding, reaching a $1.5 billion valuation. Led by Creaegis, the round supports talent acquisition and product expansion in the US and India. Emergent's agentic AI platform enables small businesses to build custom software using natural language prompts. With 12 million applications created globally, the company aims to democratize affordable software development for non-programmers.

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Source: Startup

Emergent Joins Unicorn Club After Raising $130 Mn At $1.5 Bn Valuation

Businessvia Startup • Ankush Das

AI software platform Emergent has become India's 131st unicorn after raising $130 million in a Series C round, valuing the company at $1.5 billion. Founded in 2024 by Mukund and Madhav Jha, the startup enables non-technical users to build production-ready applications and automate business operations via AI agents. With an annualized revenue run rate of $120 million, Emergent plans to use the funds for global expansion and research.

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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

Indian AI coding startup Emergent becomes a unicorn with $130M Series C

Startups

Indian AI coding startup Emergent raised $130 million in Series C funding, reaching a $1.5 billion valuation. Led by Creaegis, the round brings total funding to $230 million. The company targets entrepreneurs and small businesses, reporting an annual run-rate revenue of $120 million with over 200,000 paying customers. Emergent plans to use the capital to enhance its AI agent workflows and expand its global operations.

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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

Businessvia 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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