Capital no longer creates jobs, and AI is compounding the issue: Yatish Rajawat of Hundred Million Jobs

Source: Your story

Capital no longer creates jobs, and AI is compounding the issue: Yatish Rajawat of Hundred Million Jobs

Startups

K Yatish Rajawat, co-founder of Hundred Million Jobs, warns that India's growth model is decoupling investment from employment. He attributes this shift to automation in manufacturing and AI in white-collar sectors, alongside platform consolidation that stifles entrepreneurship. To combat these trends, his non-profit focuses on transforming skilling into job creation, reducing energy costs for MSMEs, and advocating for legal reforms to protect solo entrepreneurs.

Read Full Story

7 days until TechCrunch Founder Summit: Save up to $100 on your pass before doors open

Startups

In just 7 days, TechCrunch Founder Summit takes over Boston’s SoWa Power Station on November 4. Your chance to save up to $100 on tickets is running out, and the opportunity to learn and connect directly with experienced founders, investors, and startup leaders is almost here.

Read Full Story

How to get corporate gifting right across multiple cities

Startups

Managing large-scale, multi-city Diwali gifting demands meticulous planning for a consistent recipient experience. Businesses must create detailed recipient lists, verify addresses, finalize budgets, and use bulk ordering for efficiency. Consistent packaging ensures brand unity, while strategic personalization adds a thoughtful touch. Crucially, tracking every shipment and planning for diverse delivery locations and timelines are essential to ensure timely arrival and a positive festive experience for all recipients, regardless of their location.

Read Full Story

PhysicsWallah partners with DPIIT to support early-stage ventures

Startups

PhysicsWallah’s School of Startups (PW SoS) signed a two-year MoU with DPIIT to bolster early-stage ventures, particularly in Tier-II, Tier-III cities, and rural areas. This partnership offers training, mentorship, prototype development, incubation, investor access, and seed capital. The initiative aims to empower grassroots innovators, expanding India's startup ecosystem beyond major metros, building on DPIIT's existing support for non-metro startups.

Read Full Story

Astrotalk’s FY26 Profit Jumps 10X To ₹222 Cr, Revenue Zooms 55% YoY

Business

AstroTalk reported an 895% surge in FY26 net profit to ₹222 Cr, with operating revenue climbing 55% to ₹1,823 Cr. Growth was primarily fueled by robust expansion in international markets, which now contribute 34% of revenue, and a quadrupling of its ecommerce business. The online astrology platform diversified beyond consultations, strengthening its global presence and financial position through strategic investments.

Read Full Story

‘Cope harder’: Vaishnaw defends India's iPhone PLI scheme

Startups

"India's iPhone assembly grew to 55 million units in 2025, accounting for a quarter of Apple's global output. While the government highlights the PLI scheme's success through significant tax collections and 12 lakh new mobile manufacturing jobs, critics point to a continued reliance on imported components. The next challenge for India is transitioning from final assembly to building a comprehensive domestic electronics supply chain and research ecosystem.".

Read Full Story

Discord is making its public communities more searchable, and people have concerns

Startups

Discord announced public server conversations will become internet searchable, starting November 16 with server web pages and mid-December for search engine results. Targeting "Discoverable Servers," the move aims to broaden community reach. Administrators control channels, and members can opt out, with no usernames displayed. Private chats are excluded. The initiative faces privacy backlash over exposing discussions and potential AI training, though the feature is off by default in several regions and for teens.

Read Full Story

Re:Build, which spun out Slate Auto, raises $2.1B

Startups

Massachusetts-based manufacturing accelerator Re:Build has raised $2.1 billion, led by General Catalyst and JPMorganChase. The funding will expand Re:Build’s capacity to manufacture hard tech products and launch new industrial startups. This initiative aims to restore American industrial leadership, ensure innovative products are made domestically, and strengthen U.S. supply chains, addressing deindustrialization and national security concerns amid increasing focus on domestic manufacturing.

Read Full Story

Disruptive raises $10B fund to make big bets on at least 10 companies

Startups

<summary>Dallas-based investment firm Disruptive announced a $10 billion fund, one of the year's largest, to back at least 10 late-stage AI and defense companies with checks up to $1 billion. This marks the firm's first blind-pool fund and is the largest venture fund raised in Texas history. Disruptive, known for past successful investments, aims to deploy significant capital into these.

Read Full Story

Meta AI director Rohit Patel leaves to take on Microsoft Office and Google Workspace

Startups

Rohit Patel, a former Meta director, has launched Ndoc, an AI-native startup designed to replace traditional productivity suites like Microsoft Office and Google Workspace. Ndoc integrates presentations, analysis, and datasets into one unified workspace, emphasizing transparency by allowing users to verify underlying Python scripts. Patel aims to reinvent the digital file with an open-source format, currently offering an alpha version ahead of a full launch next year.

Read Full Story

Nova Spectral AI Raises ₹21.2 Cr To Build Indigenous Infrared Sensor Chips

Business

"Bengaluru-based Nova Spectral AI has raised ₹21.2 crore ($2.3 million) in a seed funding round led by Shastra VC. The startup aims to develop indigenous short-wave infrared image sensor chips using colloidal quantum dots and silicon CMOS processes. These sensors will enhance low-light imaging for drones, robots, and surveillance systems. The capital will support team expansion and the creation of a field-ready prototype within 18 months.".

Read Full Story

AI startup Simplismart raises $14M from Dallas Venture Capital, Nvidia, and others

Startups

AI inference infrastructure startup Simplismart raised $14 million in Series B funding, led by Dallas Venture Capital with NVIDIA participating. The capital will further develop its AI inference platform, expand cloud provider partnerships, and strengthen its global market presence. Simplismart builds software that optimizes AI model deployment and scaling on GPU infrastructure, enabling efficient production workloads for enterprises and cloud providers. The.

Read Full Story

Exclusive: Ex-Pixxel Engineer Effy John’s Parsec Aerospace In Talks To Raise $10 Mn

Business

Parsec Aerospace, a Bengaluru-based startup founded by former Pixxel engineer Effy John, is in talks to raise $10 million. Nexus Venture Partners is leading the funding round, with Lightspeed Venture Partners also participating. The company, currently in stealth mode, is developing next-generation aerospace engines. This investment highlights growing investor interest in early-stage deeptech ventures, even with unproven technologies and commercial prospects.

Read Full Story

Simplismart Bags $14 Mn To Expand AI Inference Platform

Business

Simplismart has raised $14 million in Series B funding, led by Dallas Venture Capital with participation from NVIDIA and Accel. This capital will drive global expansion, enabling enterprises and cloud providers to lower the cost of running AI applications at scale. The company plans to enhance its AI inference platform, deepen partnerships with cloud and sovereign AI players, and expand across North America and other markets.

Read Full Story

Workshaala targets Rs 1,000 Cr revenue as it scales enterprise workspace business

Startups

Workshaala targets Rs 1,000 crore revenue, expanding its 75,000-seat enterprise workspace footprint across 10 Indian cities. Following the world's largest service-platform workplace transaction, the company leverages technology and strategic partnerships to meet India's surging demand for flexible, efficient office solutions. Its proven model caters particularly.

Read Full Story

Cent Raises $15 Mn To Scale AI-Led Preventive Healthcare Platform

Business

Healthtech startup Cent, founded by Practo cofounder Shashank ND, has raised $15 million in a Series A round led by Blume Ventures and South Park Commons. The company also acquired AI radiology startup Medsee to enhance its reporting workflow. Cent will use the funds for R&D and team expansion. Its flagship "Cent Check" uses AI and precision radiology to screen asymptomatic patients for over 300 health conditions.

Read Full Story

Ministry Of Defence Partners With Sarvam To Drive AI Adoption For Armed Forces

Business

Sarvam AI has signed a Memorandum of Understanding with India's Ministry of Defence to advance AI adoption across the Indian Army, Navy, and Air Force. This partnership, Sarvam's first defence venture, aligns with the government's focus on indigenous defencetech. It aims to develop tailored AI solutions for the armed forces, supporting India's rapidly growing defence tech market, where AI is a significant driver. Specific applications and financial details are yet to be disclosed.

Read Full Story

Nazara Technologies swings to profit in Q2; revenue jumps 53% to Rs 803 Cr

Startups

Nazara Technologies swung to a profit of Rs 35.3 crore in Q2 FY27, as revenue surged 53% year-on-year to a record Rs 803 crore. Gaming revenue more than doubled, driven by growth in mobile gaming and the consolidation of Bluetile and BestPlay.

Read Full Story

Ather Cracks Profitability In Q2, But Can It Sustain The Momentum?

Business

<summary>Ather Energy achieved its first-ever consolidated net profit of ₹1.3 Cr in Q2 FY27, a significant turnaround from previous losses. The EV maker plans to invest ₹122 Cr to expand capacity to 11.4 Lakh units by Q2 FY28, addressing high demand. Its new mass-market Konarc.

Read Full Story

Talent diplomacy may become the next driver of global economic growth

Startups

As ageing populations and skill shortages weigh on economies worldwide, countries are looking beyond immigration to build structured talent partnerships. India has an opportunity to emerge as a trusted global hub for workforce readiness, backed by skills training, tech and verifiable credentials.

Read Full Story

Categories