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Every year, Indian workers die inside tanks. Unibose built a robot to take their place

Startups

Unibose, a Chennai-based deeptech startup, develops ATEX Zone-0 certified robots to clean industrial tanks, sewers, and rail wagons, eliminating the need for dangerous human entry. These cost-effective machines reduce cleaning time and operating costs by approximately 40%. Currently deployed at IndianOil and Borouge, the company is adopting a robot-as-a-service model to scale across India, the Gulf, and Southeast Asia, prioritizing worker safety and industrial efficiency.

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Source: Tech Crunch

Developer platform Railway urges ‘all users’ to revoke secret keys after cyberattack

Startups

Railway confirmed a cyberattack allowed hackers to access some customer secrets, including encrypted environment variables and decrypted contents. The company urged all users to immediately rotate their API and cloud keys, despite initial analysis suggesting a limited breach. Deployments are paused during investigation. This incident, potentially part of a broader attack targeting AI inference providers, follows a similar OpenCode breach but is separate from recent PHP vulnerabilities.

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5 Books you must read to learn how to say no confidently

Startups

Learning to say no is challenging, often leading to overwhelm and emotional exhaustion from people-pleasing. Setting boundaries is vital for well-being, not selfishness. Five recommended books offer practical strategies to overcome guilt, communicate needs assertively, and protect personal energy. These resources help readers understand their limits, manage relationships, and make intentional choices, fostering confidence in expressing needs without constant approval-seeking.

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TravClan raises $5M from Flipkart, others

Startups

Traveltech startup TravClan raised $5 million from Flipkart, August One, and Trifecta Capital to expand its global supply network, enhance technology, and strengthen international operations. Its platform enables over 15,000 Indian travel agents to manage bookings, itineraries, and payments for flights, hotels, and holiday packages, processing over $100 million in annual sales. TravClan's model focuses on owning supply to provide better prices and reliable travel experiences, with significant growth from Tier II and III cities.

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Source: inc42

Binny Bansal-Backed ShopOS Launches AI Creative Platform Sloosh For Individuals

Business

"Binny Bansal-backed AI startup ShopOS has launched Sloosh, a self-service platform offering AI image and video generation for individual creators and small businesses. Starting at $19 per month, Sloosh provides tools like reusable workflows and batch generation to users who cannot afford ShopOS's managed enterprise services. Meanwhile, ShopOS aims to expand its enterprise client base to over 100 brands in India and 50 in the US.".

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Source: inc42

Swiggy Q2: Loss Narrows 16% YoY To ₹922 Cr, Revenue Jumps 36%

Business

Swiggy reported a consolidated net loss of ₹922 Cr in Q2 FY27, narrowing 16% year-on-year but widening 17% quarter-on-quarter. Operating revenue grew 36% YoY to ₹7,571 Cr, while total expenses rose 30%. Increased losses from its quick commerce business, Instamart, which saw segment losses widen to ₹764 Cr, impacted sequential performance despite improved food delivery profitability.

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Source: inc42

Japanese-Themed Dining Chain Harajuku Tokyo Café Raises $3 Mn

Business

"Japanese-themed dining chain Harajuku Tokyo Cafe has raised $3 million in a pre-Series A funding round led by ZeroW, with support from Indian Angel Network and Samved VC. The startup plans to open ten new outlets across Delhi NCR, Mumbai, Bengaluru, and Chandigarh over the next two quarters. Founded by Gaurav Kanwar, the company aims for ₹100 crore in revenue this financial year following significant growth.".

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Source: inc42

Jio Platforms IPO Subscribed 3.65X On Day 2 So Far, Retail Portion Fully Booked

Business

Jio Platforms' ₹30,213 crore IPO, set to be India's largest, was subscribed 3.65 times by the second day of bidding. Institutional investors led the demand with a 9.42x subscription, while retail and non-institutional portions also saw strong interest. Priced between ₹1,065 and ₹1,119 per share, the offering closes October 23. The company intends to use ₹27,500 crore of the proceeds to prepay telecom subsidiary borrowings.

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CureBay raises Rs 100 Cr in Pre-Series C round led by IvyCap Ventures

Startups

Rural healthcare platform CureBay has raised Rs 100 crore in Pre-Series C funding, led by IvyCap Ventures, with debt from Trifecta Capital and others. The capital will be used to expand its technology-enabled clinics across India, strengthen its healthcare delivery network, and enhance AI capabilities. CureBay operates over.

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Source: Tech Crunch

Tesla says it will start selling Cybercabs by end of year

Startups

Tesla said it will start selling its Cybercab to customers by the end of the year even as federal regulators investigate whether the gold-hued, autonomous two-seater, which lacks a steering wheel and other traditional controls, meets vehicle safety standards. During the company’s third-quarter earnings call, Lars Moravy, vice president of engineering at Tesla, said the […].

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Source: Tech Crunch

Blackstone’s Jas Khaira says fears over AI-buildout debt are overblown

Startups

Blackstone is aggressively positioning itself in the AI sector through its central hub, Blackstone N1. The firm provides flexible capital, including massive loans to neoclouds like CoreWeave and investments in data centers, often using GPUs as collateral. Despite rising interest rates and concerns over mounting infrastructure debt, Blackstone maintains that its investments are secured by creditworthy hyperscalers and continues expanding AI adoption via its Ode joint venture.

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Source: Tech Crunch

GM is betting compute and AI will help it compete with Chinese automakers

Startups

GM unveiled its fourth-generation EV platform, emphasizing novel battery chemistries, revamped electric motors, and a new central computing platform. This software-centric architecture, debuting in the 2028 Cadillac Escalade IQ, aims for advanced autonomy, including hands-off highway driving. GM is centralizing vehicle functions on a powerful Central Compute Unit (CCU) to.

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Celebrities don't sell, the product does: Ananth Narayanan on what makes a D2C brand last

Startups

Ananth Narayanan, CEO of BRND.ME, emphasized that D2C brands must prioritize profitability, cash flow, and product-market fit over rapid scaling. He advised founders to think globally, leveraging India's exports and investing in R&D and packaging to compete internationally. Narayanan noted that while celebrities provide initial momentum, long-term success depends on product quality. He urged a shift toward sustainable growth, focusing on real consumer loyalty and eventual IPOs.

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Source: inc42

Aye Finance Q2: Profit Surges 151% YoY To ₹87 Cr, Revenue Crosses ₹500 Cr Mark

Business

NBFC Aye Finance reported a strong September quarter, with net profit surging 151% year-over-year and 16% quarter-over-quarter to ₹86.7 Cr. Operating revenue also increased significantly, up 18% YoY and 8% QoQ, reaching ₹514.4 Cr. Total income for the quarter stood at ₹527.1 Cr, while expenses rose to ₹411.3 Cr, indicating robust financial growth for the company.

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SBI finds 3,897 customer records on dark web after hacker’s claim

Startups

State Bank of India (SBI) disclosed a suspected customer data breach, identifying 3,897 records with personal information on the dark web. This follows a threat actor's claim of possessing 3.75 lakh SBI customer records. The bank has launched a detailed cybersecurity investigation, engaging an independent agency to verify the leak and assess risks. The exposed data, potentially including identity verification documents, raises serious concerns about long-term risks and data protection compliance.

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Source: inc42

Can India Capitalise On The AI Homecoming?

Business

<summary>Indian AI researchers are returning from global labs to build startups, fueled by a burgeoning ecosystem, government support, and growing investor appetite. This "reverse brain drain" aims to foster globally competitive AI companies. While top-tier experience is valued, investors stress the.

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Amazon bets on agentic AI to power enterprise ops; Is your marketing AI tool driving profit or just noise?

Startups

Cognizant and Google Cloud are partnering to accelerate agentic AI adoption, while Amazon is integrating autonomous systems into enterprise operations. In finance, Jio Platforms attracted Rs 2.5 lakh crore in anchor bids, and Hunar.AI raised Rs 40 crore. Additionally, India's online retail market is projected to exceed $90 billion. Other updates include a new India-New Zealand trade deal and US Secretary of State Marco Rubio's diplomatic visit.

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Source: Tech Crunch

Anthropic pitches AI safety bill that may block a model if 50+ people could be killed

Startups

Anthropic has proposed a draft bill to Congress outlining a framework for AI safety regulation. The legislation suggests blocking the release of AI models that pose "foreseeable, imminent risks," defined as potential catastrophes causing over 50 deaths or one billion dollars in damages. Independent evaluators would assess these risks and notify the Commerce Department, which must then seek a judicial order to halt distribution.

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Source: Tech Crunch

SpaceX’s AI business is beating expectations

Startups

SpaceX’s data centers and Grok agents have been more profitable than investors expected in second quarter of the year, as the company leaves its roots as a space company behind to focus on artificial intelligence, which now makes up 52% of its income. Elon Musk’s deep conglomerate reported on Tuesday $14.6 billion in third-quarter revenue. […].

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Source: Tech Crunch

ChatGPT now lets you lock your chats

Startups

The company says the feature is designed for situations where users might be discussing something personal or planning a surprise and want to keep those conversations private when handing their device to friends or family to show them something in another chat.

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Source: Tech Crunch

Ex-Nvidia-turned-VC Amulya Vishwanath: ‘Physical AI is in it’s LEGO era’

Startups

Amulya Vishwanath of Techable Ventures highlighted the "ChatGPT moment for robotics," noting the industry is currently in a "LEGO era." Foundational software and hardware, like robotic hands and actuators, are being developed, crucial for future innovation and scaling. She compared this phase to the internet era, suggesting it's a matter of time before advancements coalesce. Talent acquisition is also critical, with her firm assisting founders in connecting with top talent amidst competition.

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