Beyond hiring: How Myntra is building longer-term careers for women in tech

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Beyond hiring: How Myntra is building longer-term careers for women in tech

Startups

Myntra is enhancing its technology-first approach by creating sustainable career paths for women in engineering, product, and data roles. CHRO Govindraj MK highlighted initiatives like the Phoenix returnship program, Ascend leadership pathways, and the Women in Tech platform. These efforts aim to increase female representation in senior leadership and adapt to an AI-led environment by focusing on continuous learning, mentorship, and structured support systems.

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Wispr raises $280M at $2B valuation as it looks beyond dictation

Startups

"Wispr, an AI dictation startup, raised $280 million in Series B funding led by Menlo Ventures, reaching a $2 billion valuation. The company plans to expand into meeting notes and improve speech accuracy with its new Canto model. Wispr is also scaling globally, partnering with hardware makers, and launching Interface Labs to explore human-computer interaction, all while facing increased competition from various AI dictation and note-taking apps.".

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Crypto hardware wallet owners face fresh security risks after recent spate of personal data thefts

Startups

Data breaches at shipping partners of Trezor and SafePal have exposed personal information of hardware wallet users, increasing the risk of targeted phishing and physical "wrench attacks." While the wallets remain secure, leaked addresses enable criminals to steal seed phrases through force. Separately, a code vulnerability in Coldcard wallets allowed hackers to predict seed phrases, resulting in over $130 million in stolen cryptocurrency from the blockchain.

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India Has One Demographic Cycle Left: A Blueprint to Turn Youth Unemployment into 10 Lakh New Entrepreneurs

Startups

The proposed National Entrepreneurship Mission aims to create 10 lakh new enterprises and up to 36 lakh jobs over five years. Written by Shradha Sharma, the framework focuses on connecting existing government schemes rather than adding new expenditures. Key initiatives include an Entrepreneurship Passport, district opportunity maps, and mandatory mentorship. By integrating fragmented systems and verifying outcomes via GST and EPFO, India seeks to address critical youth unemployment.

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API Holdings is debt-free, repays Rs 1,050 Cr

Startups

"Digital healthcare platform API Holdings, the parent company of PharmEasy and Thyrocare, has become debt-free after repaying Rs 1,050 crore. The company funded this repayment through internal accruals and the sale of a 9.90% stake in Thyrocare Technologies by its promoter, Docon. Consequently, Docon's remaining 51.02% stake is now unencumbered. API Holdings now aims for profitable growth and disciplined execution across its healthcare businesses.".

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Table Space DRHP: A Look At Shareholding Pattern & Key Executives

Business

Managed workspace provider Table Space has filed its DRHP with SEBI for an IPO, proposing a fresh issue of up to ₹800 crore and an offer for sale of 6.5 crore shares. Hillhouse Investment-backed AGS TS II Holdings is the largest shareholder with a 41.76% stake. The company's cap table includes a disputed 22.14% stake from late promoter Amit Banerji, while FY26 revenue grew 66% to ₹2,262.3 crore.

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Festive season hiring expected to generate up to 2.7 lakh gig jobs: Report

Startups

Adecco India reports that festive season temporary staffing demand will generate 2.5-2.7 lakh jobs, growing 15-20% year-on-year. Key sectors include ecommerce, logistics, retail, and BFSI. While Tier II and III cities drive 45% of demand, Tier I cities face a 30% talent crunch. Despite rising wages and strong demand for operational roles, 80% of employers report talent shortages, with a 10-15% demand-supply gap expected.

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Ola Electric unveils full-stack energy storage portfolio from home to grid

Startups

Ola Electric has launched its 'Shakti' energy storage portfolio, utilizing indigenous LFP battery technology to provide clean energy solutions. The range includes Shakti Gen2 for residential use, with deliveries starting November 2026, and Shakti Rack for commercial applications available by March 2027. Additionally, the Mahashakti line targets industrial and utility-scale storage. This expansion leverages the company's Gigafactory to offer scalable energy storage from homes to grids.

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How a Kashmir agri university became J&K's most unlikely startup engine

Startups

Under Vice Chancellor Prof Nazir Ahmad Ganai, SKUAST-Kashmir has transformed into a hub for innovation and entrepreneurship. The university now leads the Rs 5,013 crore Holistic Agriculture Development Programme and operates the award-winning SKIIE startup incubator. Key milestones include launching India's first BTech in AI in Agriculture and creating "Tarmeem," India's first gene-edited sheep. These advancements have propelled SKUAST-K to rank third among State Agricultural Universities.

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Snabbit Ropes In Klydo Cofounder Pradeep Yadav To Helm Operations

Business

Quick home services startup Snabbit has appointed Pradeep Yadav, co-founder of Klydo and former Udaan CXO, as its new head of operations. Yadav succeeds Vikas Choudhary, who will now lead a new business venture within the company. Snabbit, which recently raised $56 million in Series D funding, provides rapid domestic help across five major Indian cities and reports an annual revenue run rate of $35-40 million.

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PhysicsWallah Jumps 9.5% After Q1 Results, JPMorgan & JM Financial Upgrade Rating

Business

PhysicsWallah shares rose up to 9.5% after JPMorgan and JM Financial upgraded the stock following strong Q1 FY27 results. Despite NEET exam disruptions, operating revenue grew 24.4% to ₹1,054 crore, while the net loss narrowed to ₹88.3 crore and EBITDA turned positive at ₹52 crore. The company plans to divest its NBFC arm and expects to achieve group-level PAT profitability by the third quarter of FY27.

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QpiAI opens ‘Asia’s largest’ quantum chip foundry, targets 10,000-qubit processors

Startups

Quantum computing startup QpiAI has opened an eight-inch quantum processing unit manufacturing facility in Bengaluru, claiming it is Asia's largest. The facility currently produces superconducting processors with up to 128 qubits, with plans to reach 10,000 physical qubits by 2027. This foundry supports QpiAI's goal of creating Quantum Supremacy Centres that integrate quantum processors with AI chips for commercial applications and global exports.

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Karnataka HC Quashes Sessions Court Orders To Defreeze Jar’s Accounts

Business

The Karnataka High Court quashed three Sessions Court orders that directed the release of precious metals and the defreezing of bank accounts linked to wealthtech startup Jar. The court ruled that police may debit-freeze accounts under Section 106 of the BNSS without prior judicial approval, provided they report the action immediately. This decision emphasizes that digital gold transactions remain subject to criminal law despite lacking direct RBI or SEBI supervision.

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Zaggle Plunges 20% To Hit Lower Circuit After Q1 Profit Slump

Business

Zaggle shares plunged 20% to a 52-week low of ₹160.45 after the fintech company reported a 33% year-on-year decline in Q1 net profit to ₹17.5 crore. Despite a 28% rise in operating revenue to ₹423.3 crore, margins were pressured by the integration of DICE Enterprises and Zagg.Money. Consequently, Equirus lowered its target price to ₹350, although Zaggle maintains its 40% revenue-growth target for FY27.

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Ecommerce order volumes up 31% during Independence Day sales

Startups

"India's ecommerce sector saw a 31% year-on-year increase in order volumes and a 30% rise in gross merchandise value during the 2026 Independence Day sale, according to Unicommerce. Fashion and accessories, particularly apparel, led in total order volumes, followed by beauty and personal care. The FMCG segment was the fastest-growing category, increasing nearly 100%, with healthy food products emerging as a significant trend among consumers.".

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6 Books that explore the connection between art and emotions

Startups

Art serves as a powerful language for expressing complex human emotions and experiences. Various books explore this connection, ranging from historical perspectives and personal perception to therapeutic uses and neuroscience. These works highlight how creativity helps individuals process grief, find healing, and understand their inner worlds. Ultimately, art acts as a bridge between internal feelings and external expression, fostering deeper connections between people and their surroundings.

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The RDI Fund Row, PM’s I-Day Address & More

Business

The prompt asks to summarize the "news article content." Usually, this means the primary lead story, but since it's a newsletter/digest, I should focus on the main controversy regarding the RDI fund as it's the most detailed part, or provide a high-level overview of the digest. However, the lead story is the most substantial. Let's focus on the RDI fund controversy as the core "news" while acknowledging the broader context if possible, but the RDI fund is the primary focus.

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7 IPOs eye Rs 6,400 Cr this week

Startups

India's IPO market is surging with seven companies raising ₹6,400 crore, while investors speculate on a massive potential IPO for AI firm Anthropic. AI continues to disrupt industries, from Hollywood filmmaking to Tagbin's 3D building designs and Kusho AI's software testing. Other highlights include Bangladesh's historic cricket win over Australia, China's neutrino research breakthroughs, and new Indian tax policies alongside energy security measures to combat supply disruptions.

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Lenskart’s Scale Meets Profits

Business

"Lenskart's Q1 FY27 results show a strategic shift toward productivity-led growth, with revenue rising 34% and net profit jumping 182% to ₹228 crore. The eyewear giant is diversifying its market reach by pursuing both premiumization and a new ₹500 budget offering. Additionally, Lenskart is scaling its international business and enhancing supply-chain control through increased in-house production and data-driven store selection to improve overall operational efficiency.".

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Stripe will reportedly acquire AI gateway startup OpenRouter for $7B+

Startups

"Stripe has reportedly finalized a deal to acquire OpenRouter for over $7 billion, according to Bloomberg. OpenRouter provides a single access point for over 400 AI models, serving 8 million global users and preventing vendor lock-in. Previously valued at $1.3 billion after a $113 million Series B round, the startup helps customers optimize AI tasks based on budget. Stripe has declined to comment on the acquisition rumors.".

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