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Source: Startup

D2CX Converge Indore Decodes The New Playbook For Building Enduring Consumer Brands

Businessvia Startup • Inc42 BrandLabs

Inc42 and Shadowfax hosted the Indore edition of D2CX Converge, bringing together over 50 consumer brand founders to discuss scaling D2C businesses. The event focused on omnichannel expansion, operational excellence, and sustainable profitability over vanity metrics. Key discussions included Koskii’s ₹250 Cr growth journey and strategies for surpassing the ₹100 Cr milestone, emphasizing data-driven decision-making, disciplined capital allocation, and the transition toward system-driven organizational structures.

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Source: Tech Crunch

Cognition hits $48B valuation, signaling investors believe AI coding is far from a winner-take-all market

Startups

Cognition, the creator of coding assistant Devin, raised $2 billion at a $48 billion valuation, led by firms including Andreessen Horowitz. The startup's annualized run-rate revenue grew to $900 million, though high Nvidia server costs may lead to an $800 million cash burn this year. To reduce expenses, Cognition is developing its own models. Major enterprise clients include NASA and Goldman Sachs, signaling strong market demand.

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Source: Tech Crunch

The Exploration Company nabs $450 million to challenge SpaceX

Startups

"The Exploration Company (TEC) has raised $450 million in a record-breaking Series C round to develop reusable heavy-lift launchers and the Nyx cargo capsule. Aiming to reduce reliance on SpaceX and enhance European space sovereignty, TEC plans to dock Nyx with the International Space Station by November 2028. The company is utilizing advanced full-flow stage combustion engines to meet growing global demand for orbital access.".

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Source: inc42

PE Giant TPG Sells Shadowfax Shares In A ₹200 Cr Bulk Deal

Business

Private equity (PE) giant TPG yesterday offloaded Shadowfax shares worth ₹200 Cr via an open-market transaction. According to BSE data,.

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Source: Tech Crunch

Meta debuts its Muse AI agent. Will consumers trust it?

Startups

Meta has launched Muse, a personal AI agent for U.S. users designed to perform everyday tasks like booking travel and sending emails. The tool integrates with various apps and services, offering a free tier and paid subscriptions. While Meta emphasizes security through its Muse Secure VM, the launch comes amid significant privacy concerns and a history of legal settlements regarding the company's handling of consumer data.

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Source: inc42

IPO-Bound RentoMojo Nets ₹376 Cr From Anchor Investors

Business

Ahead of the commencement of the bidding for its public issue on September 9, furniture and appliance rental platform RentMojo.

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Source: Tech Crunch

How to watch Apple’s foldable iPhone announcement

Startups

Apple's annual iPhone event will stream live on September 9 at 10 AM PDT, and we're expecting big news.

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Source: Tech Crunch

OpenAI fought dirty on career-making math problem, says NYU mathematician

Startups

There is a $1 million bounty for the first person providing a solution to the Navier-Stokes existence and smoothness problem.

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Source: inc42

US-Based Circle To Acquire Peak XV-Backed Tazapay

Business

Existing backer and US-based crypto platform Circle Internet Group has signed a definitive agreement to acquire Peak XV Partners-backed B2B.

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Source: Tech Crunch

Google Cloud races to catch up in the AI deployment wars with Accenture deal

Startups

Google Cloud expands its enterprise AI push with Accenture, betting on forward-deployed engineers to drive adoption and overcome deployment bottlenecks.

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Source: inc42

PM Modi Urges Fintechs To Step Up Cybersecurity, Consumer Protection

Business

Prime Minister (PM) Narendra Modi has urged Indian fintech startups to further strengthen cybersecurity and consumer protection as the sector.

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Source: Tech Crunch

Google’s revived nuclear power plant gets $1.9B loan from US government

Startups

Google said it would bring an Iowa nuclear power plant back from the dead. Now, the plant's owner is getting a $1.9B loan from the U.S. Energy Department.

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Source: Your story

Bajaj Finance acquires 5% stake in TrueFan AI

Startups

Bajaj Finance and TrueFan AI will expand their collaboration across personalised marketing, video generation among other things with the goal of enhancing customer experiences.

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Source: Your story

Tazapay to be acquired by Circle in $400M stock deal

Startups

US-based Circle Internet Group will strengthen its position in the APAC region following the acquisition of Tazapay.

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Source: Tech Crunch

Chrome is now shipping updates every 2 weeks as AI changes the security landscape

Startups

Google is speeding up Chrome’s release schedule to ship security patches and new features faster.

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Source: Your story

NCPCR summons Meta India head as inquiry into child abuse ads on Instagram gathers pace

Startups

The child rights body has called the company's Managing Director and Head to appear on 9 September, a month after opening a formal inquiry.

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Source: Tech Crunch

Mistral raises €3B as sovereign AI becomes big business

Startups

The French AI lab has raised €3 billion at a €21 billion valuation in a Series D round led by Samsung, Scaleup Europe and PSG Equity.

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Source: Tech Crunch

A hacker stole $340M in a crypto heist, then returned most of it

Startups

The latest heist is one of the largest thefts of cryptocurrency to date.

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Source: Tech Crunch

Nuclear startup Bluecore Energy raises $50M seed round, just two months after launch

Startups

Bluecore Energy announced Tuesday an oversubscribed $50 million seed round — just months after raising a $10 million pre-seed and coming out of stealth.

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Source: inc42

Bajaj Finance Picks Up 5% Stake in AI Video Startup TrueFan AI

Business

Bajaj Finance, the NBFC arm of Bajaj Finserv, has acquired a 5% stake in Delhi NCR-based AI video generation platform.

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Source: Tech Crunch

Poseidon Aerospace lands $60M ahead of first pilotless test flight

Startups

The startup is trying to rethink the economics of cargo aircraft by removing pilots from the equation entirely.

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