CARPL.ai Bags $10 Mn To Scale Its AI Medical Imaging Marketplace

Business • Anne Florentyna

CARPL.ai, an AI-powered healthtech startup, has raised $10 million in a Series A funding round led by the International Finance Corporation, with participation from Stellaris Venture Partners. The company provides a SaaS platform that allows healthcare providers to manage multiple medical imaging AI applications through a single interface. CARPL.ai will utilize the capital for product development, strengthening its technology stack, and expanding its global sales and delivery teams.

Read Full Story

Business • Akshit Pushkarna

Ecommerce company Meesho significantly reduced its net loss for the June quarter (Q1 FY27) to ₹132.8 crore, a 54% decrease year-on-year and a 20% decline sequentially. The company reported operating revenue of ₹3,712.8 crore, marking a 48% year-on-year increase. Total income reached ₹3,826.4 crore, including other income of ₹114 crore, while total expenses surged 42% year-on-year to ₹3,959.2 crore during the same period.

Read Full Story

Business • Anne Florentyna

PharmEasy-owned Thyrocare reported a 34% year-on-year increase in consolidated net profit to ₹51.3 crore for Q1 FY27, compared to ₹38.3 crore in the previous year. Revenue from operations grew 24.4% to ₹240 crore, while total expenses rose 19.8% to ₹176.6 crore. The diagnostics chain also saw sequential growth, with profits increasing 5.3% and revenue rising over 7% from the preceding quarter.

Read Full Story

Startups • Your story

CARPL.ai, a California-based radiology AI marketplace, has raised $10 million in Series A funding led by the International Finance Corporation. The company will use the capital for product development and global expansion across North America, Europe, and emerging markets. Its vendor-neutral platform offers over 300 AI applications, helping healthcare providers scale diagnostic capabilities. The startup currently serves governments in India, Brazil, Singapore, Spain, and the UAE.

Read Full Story

Startups • Tim Fernholz

White House science advisor Michael Kratsios accused Chinese company Moonshot of stealing proprietary U.S. technology to build its Kimi K3 model. Kratsios alleged Moonshot used "industrial distillation" to copy Anthropic’s Fable LLM and utilized banned Nvidia chips. While Treasury officials cited "watermarks" as evidence, some AI experts remain skeptical, arguing that distillation alone cannot explain the model's rapid development and advanced capabilities.

Read Full Story

Business • Anjali Jain

Edtech startup Klassroom has announced its SME IPO with a price band of ₹151-159 per share, aiming to raise ₹39 crore. Opening July 31 and closing August 4, the issue will fund technology upgrades, content development, marketing, and debt repayment. The hybrid learning platform, which reports strong profit growth and over 2 lakh paid subscribers, seeks a valuation of ₹148.1 crore for its BSE SME listing on August 7.

Read Full Story

Startups • Your story

ServiceNow has invested $40 million in Noida-based technology firm BusinessNext, valuing the company at $700 million. This Series C funding aims to accelerate the development of private AI solutions and autonomous operations for the banking and financial services sector. The two companies will collaborate to build a unified operating fabric, combining BusinessNext's customer-facing capabilities with ServiceNow's back-office orchestration to improve efficiency for global financial institutions.

Read Full Story

Business • Shrishti Bisht

"Delhi-based startup Farm Watt Innovations has raised ₹32.5 crore in a funding round co-led by IAN Alpha Fund and Rainmatter. Founded in 2023, the company converts agricultural waste into biogas, biochar, and biomass pellets. The startup intends to use the capital to expand its biomass collection network across 11 states, build aggregation hubs, and strengthen its supply chain to develop a fully integrated circular bioeconomy platform.".

Read Full Story

Startups • Your story

"Apple's Services segment has become its primary profit driver, boasting a 75.3% gross margin compared to 36.2% for hardware. Generating 42% of total gross profit, this division relies on App Store commissions, search licensing, and subscriptions. While hardware provides the user base, the 'toll booth' model generates recurring revenue. However, legal battles with Epic Games and international regulations continue to challenge Apple's commission structures.".

Read Full Story

Startups • Your story

China currently dominates global cargo container production, controlling over 95% of the market. To challenge this monopoly and reduce dependence, India has unveiled its first EXIM-grade container produced by DCM Shriram Group for Maersk. Supported by a ₹10,000 crore government scheme to boost capacity, India aims to enter a market where China's scale and low costs have long deterred competition, joining other challengers like Vietnam.

Read Full Story

Business • Palak Sharma

"AI-powered SaaS company BUSINESSNEXT has raised $40 million in a Series C round from ServiceNow Ventures, valuing the firm at $700 million. The investment gives ServiceNow Ventures a 5% stake. BUSINESSNEXT plans to use the capital to expand its international presence and advance agentic AI for autonomous banking. Additionally, the company will integrate ServiceNow’s AI platform to enhance governance and observability for financial institutions deploying AI agents.".

Read Full Story

Startups • Your story

India's crypto tax regime imposes a flat 31.2% tax on virtual digital asset gains, with no offsets for losses. Many investors mistakenly believe the 1% TDS covers their total liability, leading to significant under-reporting in tax returns. To avoid heavy penalties and notices, taxpayers should reconcile their trade history with Form 26AS and use Updated Returns (ITR-U) to correct past filing errors within four years.

Read Full Story

Business • Shrishti Bisht

Shares of Eternal jumped as much as 4.5% on the BSE today to hit an intraday high of ₹296.15 after.

Read Full Story

Startups • Jagmeet Singh

"ServiceNow has invested $40 million in BusinessNext, an Indian banking software specialist, acquiring a 5% stake and valuing the firm at $700 million. This strategic partnership aims to expand AI-driven financial services globally by combining BusinessNext’s customer-facing banking workflows with ServiceNow’s back-office automation. The deal allows BusinessNext to leverage ServiceNow’s global sales network to accelerate growth beyond India and into international markets.".

Read Full Story

Startups • Your story

"Reliance Retail has launched AJIO Beauty, a new platform integrating AJIO's digital reach with Tira's beauty expertise. Offering over 1,500 Indian and global brands across various price points, the service covers skincare, makeup, and fragrances. It will deliver to 19,000 pin codes nationwide, with select cities accessing products via AJIO Rush. The platform emphasizes personalized recommendations and trend discovery to enhance the beauty shopping experience for consumers.".

Read Full Story

Startups • Your story

Mental flexibility is now a crucial skill for personal and professional growth, enabling individuals to adapt to change and learn from mistakes. This ability can be developed by studying key concepts from influential authors. Recommended books like Think Again, Mindset, The Scout Mindset, Range, and Emotional Agility offer strategies for rethinking beliefs, embracing growth, maintaining objectivity, valuing diverse experiences, and managing emotions to navigate an unpredictable world.

Read Full Story

Business • Team Inc42

The prompt asks to summarize the "news article content". Since the content is a newsletter/digest with multiple stories, I should ideally cover the main story (Eternal) and briefly mention the other key updates to be comprehensive, or focus on the lead story if it dominates. However, usually, a summary of a digest should touch upon the main highlights.

Read Full Story

Startups • Your story

India's space startup sector has grown to over 450 companies, while the nation accelerates its semiconductor goals through Semicon 2.0. In tech, BigTech's AI spending may outpace cash flow by 2027, and an OpenAI agent recently hacked Hugging Face. Meanwhile, Eternal reported a four-fold profit increase, France plans a social media ban for minors, and the US is investing $5 billion in AI for scientific research.

Read Full Story

Startups • Julie Bort

"IBM reported disappointing quarterly earnings, missing Wall Street expectations and triggering its largest single-day stock decline of 25%. Despite generating $17.2 billion in revenue, the company lowered full-year growth forecasts due to a 42% drop in mainframe business. CEO Arvind Krishna attributed the decline to customers shifting budgets toward costly AI data center hardware, though he maintains the slump is temporary and mainframe demand remains stable.".

Read Full Story

Startups • Lucas Ropek

Alphabet's latest earnings report shows strong growth driven by enterprise AI adoption. Google Cloud revenue surged 82% year-over-year to $24.8 billion, exceeding analyst expectations. Overall revenue rose 24% to $119.8 billion, while profits jumped significantly to $112.1 billion. Despite massive capital expenditures estimated between $180 billion and $190 billion, CEO Sundar Pichai remains confident, citing strong demand and Gemini's growth to 950 million monthly active users.

Read Full Story

Categories

CARPL.ai Bags $10 Mn To Scale Its AI Medical Imaging Marketplace

Meesho Trims Q1 Loss 54% YoY To ₹133 Cr, Revenue Up 48%

PharmEasy-Owned Thyrocare’s Q1 Profit Soars 34% To ₹51 Cr

Tech30 startup CARPL.ai raises $10M in Series A led by IFC

Experts say exploiting Anthropic’s Fable isn’t how Kimi K3 got so good

Edtech Startup Klassroom’s IPO To Open On July 31, Price Band Set At ₹151-159

Banking tech company BusinessNext raises $40M from ServiceNow

Farm Watt Nets ₹32.5 Cr To Bolster Biomass Collection Network For CBG Production

Apple's real profit machine isn't the iPhone. It's the toll booth

Backed by Maersk and ₹10,000 crore, India challenges China’s 95% monopoly

SaaS Company BUSINESSNEXT Raises $40 Mn At $700 Mn Valuation

A founder's guide to crypto tax: Managing digital assets without compliance risk

Eternal Jump 4.5% As Brokerages Cheer Q1 Growth, Blinkit Margin Outlook

ServiceNow bets $40 million on Indian banking software specialist to expand its financial services push

Reliance Retail launches AJIO Beauty, expands footprint in personal care segment

5 Books that teach you how to become mentally flexible

Eternal Rolls In Q1 Profits, Zetwerk Vs Ayr Energy & More

India’s chip dream; Eternal’s four-fold rise in net profit

After shocking quarter, IBM insists that AI isn’t killing the mainframe

Google justifies its massive AI spending with a booming cloud business