Bharat Innovates: Building the ecosystem for India’s deeptech future

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Bharat Innovates: Building the ecosystem for India’s deeptech future

Startups

India's deeptech ecosystem is expanding rapidly, with over 4,000 active startups. The Bharat Innovates 2026 platform recently selected 120 pioneering ventures from 3,000 applications to drive global competitiveness. This growth is fueled by strong academic research, increased industry participation through commercial partnerships, and a maturing capital architecture, including the Deep Tech Fund of Funds, aiming to establish India as a global leader in scientific innovation.

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From roots to returns: Why Indian real estate is drawing NRI interest

Startups

India's real estate market is projected to grow to $970 billion by 2030, shifting non-resident Indian investments from emotional residential purchases to strategic commercial opportunities. Driven by urbanization and infrastructure projects like Dwarka's Yashobhoomi, NRIs are targeting integrated "destination real estate." Enhanced digital documentation and RERA regulations have further simplified remote transactions, allowing the diaspora to capitalize on India's expanding economic hubs and urban development.

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Ather Shares Surge 5.7% To Hit Record High After Konarc Launch

Business

"Ather Energy shares reached a record high of ₹1,703.90 following the launch of the Konarc escooter, a mass-market electric vehicle priced at ₹99,999. The new model features a range of 100 to 200 km and an advanced braking system. Consequently, Emkay Global Financial Services maintained its ‘Buy’ rating and increased its target price for the stock to ₹2,200, up from the previous ₹1,600 target.".

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Zomato Lays Off 240 Employees, Shuts Hyderabad Customer Support Operations

Business

Zomato has laid off approximately 240 employees as it shuts down its customer support operations in Hyderabad. The company is shifting toward external partners and consolidating remaining in-house support in Gurugram to better align with its technical functions. Affected staff will receive four months' pay and extended benefits. This restructuring occurs amid increased automation and heightened regulatory scrutiny regarding food safety and hygiene across the delivery sector.

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Pernia’s Pop-Up Parent IPO: Issue Subscribed 8% On Day 1 Till Now

Business

Purple Style Labs, the parent company of Pernia’s Pop Up Shop, saw a subdued start to its IPO, with only 8% subscription on the first day. The fresh issue of shares, valued up to ₹680 crore, closes on September 2 and lists on September 7. Proceeds will fund lease liabilities and marketing. Despite a 14% revenue increase, the company's consolidated net loss widened to ₹285.4 crore in FY26.

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NIIF raises Rs 19,000 cr as first close in second fund

Startups

India's National Investment and Infrastructure Fund Limited (NIIF) has raised Rs 19,000 crore in the first close of its Rs 30,000 crore Infrastructure Fund II. Anchored by the Indian government, the fund includes global sovereign wealth funds and domestic financial institutions. NIIF plans to mobilize an additional Rs 9,000 crore in co-investment capital, targeting core sectors like energy, transport, digital infrastructure, urban development, and electric mobility.

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Zomato Bans Sale Of Analogue Dishes On Its Platform

Business

Zomato has implemented a zero-tolerance policy banning dishes containing analogue dairy products, which use vegetable oils and starches to mimic real dairy. The company has already removed such items and warned restaurant partners that non-compliance will lead to delisting. This move aims to enhance food quality and transparency amid increased regulatory scrutiny of delivery platforms, following recent food safety violations uncovered by the Maharashtra Food and Drug Administration.

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Government notifies Rs 1.27L-cr Semicon 2.0 with eligibility norms, sops

Startups

"The Indian government has notified the Semicon 2.0 scheme, allocating Rs 1,27,500-crore to build a comprehensive semiconductor ecosystem. The initiative aims for self-reliance in chip design, manufacturing, and advanced packaging to address global supply-chain vulnerabilities and AI-driven demand. The scheme offers fiscal support for silicon and specialized fabs, alongside incentives for startups and packaging facilities, building upon twelve previously approved projects across six states.".

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From theory to practice: building customer agents with Google's no-code tools

Startups

Google Cloud, partnering with YourStory, will host a webinar on September 4 titled ‘Develop proactive customer agents in minutes’. The session features AI experts Taewoo Kim and May Kim, who will demonstrate how to build and deploy functional generative AI customer agents in under 15 minutes. Using no-code and low-code tools, the event aims to show businesses how to rapidly scale natural customer experiences without extensive engineering.

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State Street Closes ₹580 Cr Investment In Groww AMC

Business

"State Street Investment Management has completed a ₹580 crore strategic investment in Groww AMC, valuing the business at approximately ₹2,500 crore. State Street now holds a 23% economic interest with 4.85% voting rights. This partnership allows Groww to leverage State Street’s global expertise in ETFs and index funds to scale its asset management platform and expand its passive investment offerings and global market access.".

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Truemeds Eyes DealShare Acquisition At $90 Mn, 95% Below Peak Valuation: Report

Business

"Online pharmacy Truemeds is reportedly in advanced talks to acquire ecommerce startup DealShare through a share-swap transaction. DealShare is valued at approximately $90 million, a significant drop from its 2022 peak of $1.7 billion. The deal, potentially valuing Truemeds at $600 million, allows Truemeds to access DealShare's cash reserves and distribution network in smaller cities to support its expansion plans following DealShare's business contraction.".

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10 Lessons from The Midnight Library about second chances

Startups

, follows Nora Seed as she explores alternate versions of her life in a mysterious library between life and death. By experiencing different outcomes of her past choices, Nora discovers that no life is perfect and that external success does not guarantee happiness. Ultimately, the story emphasizes the importance of self-acceptance, letting go of regret, and finding meaning in the present moment.

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Pet insurance guide: Why every pet owner should consider coverage

Startups

Pet insurance helps owners manage eligible veterinary expenses and healthcare costs, promoting responsible pet ownership. By reviewing policy terms, conditions, and exclusions, owners can select plans tailored to their pet's age, breed, and health needs. Preparing involves assessing care requirements and understanding the claim process. Ultimately, these insurance solutions provide financial support for medical treatments, allowing owners to focus on their pet's overall wellbeing and long-term health.

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NPCI To Let Users Port UPI AutoPay Mandates Across Apps: Report

Business

The National Payments Corporation of India (NPCI) plans to make UPI AutoPay interoperable, allowing users and merchants to port mandates across different apps and payment providers. This move, expected to be announced at the Global Fintech Fest, aims to reduce the dominance of major payment apps and simplify subscription management. Additionally, NPCI is developing a common infrastructure for UPI soundboxes to reduce hardware duplication for merchants.

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ESDS IPO Subscribed 8X On Day 2, NII Portion Booked 22X

Business

ESDS Software Solution’s ₹720 crore IPO was subscribed 8.08 times by the second day of bidding, driven by strong demand from NIIs and retail investors. While NIIs booked 22 times and retail 6.72 times, QIB participation remained muted at 0.04 times. The company, seeking a valuation of ₹5,028 crore, plans to use ₹576 crore for cloud and AI infrastructure expansion. Shares are expected to list this Friday.

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YOGa Bags ₹20 Cr From Info Edge, Others To Scale Clean-Air Solutions

Business

Clean tech startup YOGa Clean Air has raised ₹20 Cr in its first external funding round, led by Info Edge Ventures with participation from Deepinder Goyal and Three Words Capital. The company plans to use the capital to expand into new Tier I and II cities and deploy its air-quality systems on public transport. YOGa focuses on a service-led model, targeting B2B growth in real estate and institutions.

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Bira 91 Faces Fresh Insolvency Threat Over ₹11.8 Cr Dues

Business

Hindusthan National Glass & Industries Ltd has served a default notice to B9 Beverages, the parent company of Bira 91, seeking ₹11.77 crore for unlifted customized bottles. The glassmaker may initiate insolvency proceedings if dues aren't cleared within ten days. This threat follows a severe financial crisis for the brewer, which faces roughly ₹1,000 crore in liabilities and is currently seeking recapitalization to restart its operations.

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7 Quotes from Meditations by Marcus Aurelius for resilience

Startups

offers timeless Stoic wisdom on building resilience through self-control and inner peace. By focusing on internal responses rather than external circumstances, the Roman emperor teaches that obstacles provide opportunities for growth. Key principles include challenging perceptions, practicing mental discipline, accepting reality, and maintaining gratitude. Ultimately, the text emphasizes that true strength is developed by facing inevitable adversity with courage, wisdom, and composure.

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The U.S. is building barriers around drones and robots, but China has scale to get around them

Startups

"The U.S. has tightened restrictions and imposed tariffs on foreign-made drones and advanced robotic systems, citing national security concerns. While the U.S. leads in AI and semiconductors, Chinese manufacturers dominate global production through scale and cost advantages. These measures may lead to a fragmented global market, where Chinese firms expand in price-sensitive regions while U.S. and allied companies focus on high-security sectors and critical infrastructure.".

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Meta’s Double Standards, Weekly Funding Rundown & More

Business

Meta agreed to pay $18 billion to settle US lawsuits over minor safety, introducing strict usage limits and feature changes for American teens. However, these protections do not extend to India, prompting experts to call for similar safety baselines globally. Meanwhile, Indian startups raised $210.3 million last week, Ather launched the Konarc scooter, and Ola Electric received ₹95.81 crore in government incentives under the PLI scheme.

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