How East Ocyon Bio is building an off-the-shelf cancer cell therapy in Gurugram

Source: Your story

How East Ocyon Bio is building an off-the-shelf cancer cell therapy in Gurugram

Startups

"East Ocyon Bio, founded in 2022 in Gurugram, aims to develop affordable, off-the-shelf allogeneic cell therapies in India. Utilizing CAR-NK technology, the company targets cancers, autoimmune disorders, and rare diseases to reduce reliance on costly imports. Having raised $4.2 million in seed funding and received a government grant, the firm is currently focused on pre-clinical testing and building GMP-standard facilities before entering Phase I clinical trials.".

Read Full Story

Info Edge reports 43% rise in net profit for Q1FY27

Startups

Info Edge, the parent company of Naukri and 99acres, reported a 43% year-on-year increase in net profit to Rs 490 crore for Q1 FY27, with revenue rising 11.4% to Rs 881 crore. Growth was driven by strong recruitment activity and AI adoption. While Naukri earned a profit of Rs 353 crore, 99acres recorded a small loss of Rs 2.13 crore despite a 17% revenue increase.

Read Full Story

Discovered Materials is playing AI whack-a-mole to hunt cooler chips

Startups

Discovered Materials, a Y Combinator startup, has raised $9 million in seed funding to develop AI-driven materials for more efficient, cooler-running semiconductors. Using a pipeline of AI agents and physics models, the company aims to identify and patent novel substances that reduce heat in AI chips. While the startup has identified promising candidates, the primary challenge remains the physical synthesis and commercial manufacturing of these materials.

Read Full Story

Google Play adds Venmo as a payment option

Startups

"Google is integrating Venmo as a new payment method on Google Play, allowing users to purchase apps, games, and digital content, or tip creators. This addition joins existing options like PayPal and Cash App. The move comes as global in-app spending continues to rise, with Sensor Tower reporting over $167 billion in total user spend across iOS and Google Play in 2025, a 10.6% year-on-year increase.".

Read Full Story

Zostel Withdraws Delhi HC Plea Seeking SEBI Review Of OYO’s IPO Disclosures

Business

Zostel has withdrawn its plea to the Delhi High Court requesting that SEBI scrutinize PRISM's draft IPO disclosures regarding Zostel's claimed 7% stake in the OYO parent. The court noted that SEBI would review these concerns during the regulatory approval process. This development is part of a long-standing legal dispute over a failed 2015 acquisition, while PRISM maintains that Zostel's recent legal applications are frivolous.

Read Full Story

Aum Ventures raises Rs 225 Cr first close for new deeptech fund

Startups

"Aum Ventures has raised Rs 225 crore in the first close of its Rs 750 crore India Innovation Fund II. Targeting pre-seed and seed-stage Indian deeptech startups in sectors like AI, semiconductors, and spacetech, the fund aims to invest in 25 to 30 companies. With over 65% of initial capital from international investors, this move aligns with increasing Indian government policy support for high-risk research and development.".

Read Full Story

How AADYAH Aerospace builds the parts that steer a rocket

Startups

Bengaluru-based AADYAH Aerospace specializes in designing and manufacturing critical subsystems for rockets and satellites, including thrust vector control and avionics. Serving global clients like ISRO and private firms, the company recently raised Rs 31.5 crores in a Series A round led by Helios Holdings. These funds are earmarked for manufacturing, working capital, and acquiring a US-based company to establish a direct presence in the American market.

Read Full Story

How Dynolt is building India’s EV charging electronics around software instead of hardware

Startups

"Bengaluru-based Dynolt Technologies develops software-defined power converters that replace fixed hardware with general-purpose microcontrollers to reduce costs and development time. Founded in 2022, the company currently serves the small electric vehicle market with over 14,000 units deployed. Following a $1.7 million seed round led by Transition VC in February 2025, Dynolt plans to expand into high-power charging, solar, hydrogen, and battery energy storage systems.".

Read Full Story

How Tata Trusts and Sridhar Vembu kept the first MRI scanner built in India out of a multinational’s hands

Startups

Bengaluru-based Voxelgrids Innovations has developed India's first domestically produced, helium-free 1.5 tesla MRI scanner. By eliminating liquid helium, the company reduced manufacturing costs by 40% and significantly lowered the machine's weight, enabling installation in smaller hospitals and mobile units. Supported by Tata Trusts and Zoho Corporation, Voxelgrids recently completed its first clinical installation in Chandrapur and plans a full commercial launch by the financial year's end.

Read Full Story

Cars24 Launches Enterprise AI Company Deployment Inc, Invests $5 Mn

Business

Cars24 has launched Deployment Inc, an independent enterprise AI venture backed by $5 million in seed funding. The company aims to help businesses transition AI pilots into production-grade deployments using forward deployed engineers. Targeting sectors like BFSI, healthcare, and logistics, Deployment Inc is an OpenAI Select Partner. The venture plans to hire 50 engineers to integrate frontier AI models into critical workflows for measurable business outcomes.

Read Full Story

Bernstein’s Bullish Outlook Sends Paytm To Fresh 52-Week High

Business

Paytm shares hit a 52-week high of ₹1,590 after Bernstein upgraded the stock to ‘Outperform’ and raised its target price to ₹2,200. The brokerage anticipates that potential UPI Merchant Discount Rate (MDR) monetization from FY28 will boost FY30 earnings per share by 30% and add ₹2,200 crore to EBITDA. This rally follows strong Q1 FY27 results, featuring a 79% year-on-year increase in consolidated net profit.

Read Full Story

LEAP India IPO: Issue Subscribed 42% On Day 2 So Far

Business

Logistics tech company LEAP India's IPO reached a 42% subscription rate by the second day, increasing from 26% on day one. Qualified institutional buyers led the bidding with a 61% subscription of their quota, while the employee quota was oversubscribed 2.32 times. The public issue, valuing the company at ₹7,004.5 crore, includes a fresh issue of ₹480 crore and an offer for sale of ₹2,000 crore.

Read Full Story

Sarla Aviation gets design organisation approval from DGCA

Startups

"Bengaluru-based startup Sarla Aviation has received Design Organisation Approval from India's aviation safety regulator, enabling the company to transition toward full commercial production and type certification. The startup, backed by Accel and prominent angel investors, recently inaugurated its new headquarters and announced several strategic partnerships. Having completed extensive flight tests with its technology demonstrator, Sarla Aviation aims to establish an indigenous electric air taxi ecosystem across India.".

Read Full Story

Diyamaati FPC: Bihar’s women build a model that is changing the future of villages

Startups

Diyamaati Farmer Producer Company Limited, founded by Sangita Devi in Bihar's Sitamarhi district, empowers rural women by reducing dependence on middlemen for farming materials. Established in 2023 with support from BSLD and SSEVS, the company now includes over 2,100 shareholders. By producing balanced animal feed called 'Damdaar Dana' and providing financial training, the FPC has enhanced the economic independence and leadership of thousands of women.

Read Full Story

Info Edge Q1: PAT Jumps 43% YoY To ₹490 Cr, Revenue Increases 11%

Business

Info Edge, the parent company of Naukri, reported a 43% year-on-year increase in net profit for Q1 FY27, reaching ₹490.1 crore. However, profit declined 35% sequentially from ₹755.7 crore. Operating revenue grew 11% year-on-year to ₹880.7 crore, while total revenue, including other income, reached ₹1,073 crore. Total expenses for the quarter saw a marginal increase of 3% year-on-year, totaling ₹580.4 crore during the period.

Read Full Story

AUM Ventures Marks First Close Of ₹750 Cr Deeptech-Focused Fund At ₹225 Cr

Business

AUM Ventures has marked the first close of its India Innovation Fund II at ₹225 crore, targeting a total corpus of ₹750 crore. With over 65% of commitments from international investors, the fund will provide early-stage capital to 25-30 Indian deeptech startups in sectors like AI and spacetech. Building on Fund I's strong performance, the firm aims to support pre-seed and seed stages with follow-on funding reserved.

Read Full Story

GalaxEye Acquires StarOps To Expand Satellite Engineering Capabilities

Business

"Spacetech startup GalaxEye has acquired Bengaluru-based StarOps to enhance its in-house satellite engineering capabilities. This acquisition provides GalaxEye with indigenous spacecraft technologies, including qualified satellite bus platforms and proprietary subsystems. Founded in 2021, GalaxEye develops vertically integrated space tech for defense and commercial use, specifically through its OptoSAR imaging technology. The company now aims to launch two new satellites within the next 24 months.".

Read Full Story

5 Books that explain why nostalgia feels so powerful

Startups

Nostalgia is a complex emotion that fosters identity, social connection, and comfort during uncertainty. Through the lenses of psychology, neuroscience, history, and literature, several key texts explain how memories are reconstructed and linked to personal narratives. These works reveal that nostalgia is not mere sentimentality but a vital process of storytelling and memory preservation that helps individuals understand their present selves by connecting with their past.

Read Full Story

GalaxEye buys StarOps to strengthen indigenous satellite engineering

Startups

Bengaluru-based spacetech startup GalaxEye has acquired spacecraft engineering firm StarOps to vertically integrate its satellite development process. By incorporating StarOps' engineering team and indigenous subsystem technologies, GalaxEye aims to strengthen its in-house capabilities for building advanced space systems. This move supports GalaxEye's development of OptoSAR Earth Observation satellites, which combine synthetic aperture radar and optical imaging to provide all-weather, day-and-night imaging capabilities.

Read Full Story

How building InMobi and Glance shaped Piyush Shah's vision for India's AI future

Startups

Piyush Shah, founder of InMobi and Glance, argues that India's AI strategy should focus on democratizing technology to improve everyday life for millions rather than competing with US frontier models or Chinese industrialization. He emphasizes solving real-world problems, managing inference economics, and leveraging distribution as a primary moat. While enterprise AI offers immediate value, India's long-term success lies in creating inclusive, sustainable solutions at a massive scale.

Read Full Story

Categories